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Showing episodes and shows of
Stephanie L. Woerner
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MIT Open Aggregated Podcast Feed
Platform-Enabled Business Transformation at ANZ Institutional
Ina Sebastian reads MIT CISR's June 2025 research briefing, which she co-authored with Stephanie Woerner and Peter Weill. See the text version and related content at https://cisr.mit.edu/publication/2025_0601_ANZInstitutionalPlatformTransformation_SebastianWoernerWeill. Abstract: As business models become more AI-enabled, strategically designing, evolving, and reusing platforms that reflect a company’s core capabilities is key to driving growth and innovation. This briefing examines the platform transformation of ANZ Institutional, a division of the Australia and New Zealand Banking Group Limited (ANZ). By building robust, scalable internal platforms and connecting them to deliver revenue-generating digital services, ANZ Institutional redefined how it creates an...
2025-06-19
00 min
MIT CISR
Platform-Enabled Business Transformation at ANZ Institutional
Ina Sebastian reads MIT CISR's June 2025 research briefing, which she co-authored with Stephanie Woerner and Peter Weill. See the text version and related content at https://cisr.mit.edu/publication/2025_0601_ANZInstitutionalPlatformTransformation_SebastianWoernerWeill. Abstract: As business models become more AI-enabled, strategically designing, evolving, and reusing platforms that reflect a company’s core capabilities is key to driving growth and innovation. This briefing examines the platform transformation of ANZ Institutional, a division of the Australia and New Zealand Banking Group Limited (ANZ). By building robust, scalable internal platforms and connecting them to deliver revenue-generating digital services, ANZ Institutional redefined how it creates an...
2025-06-19
13 min
Exploring Leaders by Digoshen
Digital & AI Savvy Boards with Stephanie Woerner, Academic Director MIT CISR
Stephanie Woerner, MIT CISR Academic Director, shares how leaders and boards must evolve in the AI era—shifting from control to coaching, embracing experimentation, and building AI maturity. She outlines four stages of enterprise AI adoption, highlights the value of human-AI collaboration, and shows that boards with AI-savvy members significantly outperform others. The key takeaway: to lead with impact, leaders must use AI, not just learn about it.
2025-06-11
26 min
MIT CISR
Top-Performing Companies Reuse Four Digital Platform Designs
Stephanie Woerner reads MIT CISR's May 2025 research briefing, which she co-authored with Peter Weill. See the text version and related content at https://cisr.mit.edu/publication/2025_0501_DigitalPlatformDesigns_WoernerWeill. Abstract: People use the term “digital platform” to mean lots of different things—an internal business capability, a business model, a technology, a business service, or a mindset, among other things. To help executives discuss, design, and manage digital platforms, we studied platform designs. We identified four dominant digital platform designs—platform as a service (PaaS), multisided marketplace, internal platform, and X as a service (XaaS)—and found that companies that effectivel...
2025-05-19
13 min
MIT Open Aggregated Podcast Feed
Top-Performing Companies Reuse Four Digital Platform Designs
Stephanie Woerner reads MIT CISR's May 2025 research briefing, which she co-authored with Peter Weill. See the text version and related content at https://cisr.mit.edu/publication/2025_0501_DigitalPlatformDesigns_WoernerWeill. Abstract: People use the term “digital platform” to mean lots of different things—an internal business capability, a business model, a technology, a business service, or a mindset, among other things. To help executives discuss, design, and manage digital platforms, we studied platform designs. We identified four dominant digital platform designs—platform as a service (PaaS), multisided marketplace, internal platform, and X as a service (XaaS)—and found that companies that effectivel...
2025-05-19
00 min
MIT CISR
Digitally Savvy Boards: AI Update
Stephanie Woerner reads MIT CISR's March 2025 research briefing, which she co-authored with Peter Weill, Jennifer S. Banner, and James Moore. See the text version and related content at https://cisr.mit.edu/publication/2025_0301_SavvyBoardsUpdate_WeillWoernerBannerMoore Abstract: In 2019, MIT CISR published findings from our research on the digital savviness of company boards that showed 24 percent of boards were digitally savvy and had associated performance premiums. In 2024, we repeated the 2019 board analysis with current companies and found that having a digitally savvy board based on our original criteria was no longer differentiating. However, updating the criteria to account for newer technologies produced...
2025-03-18
13 min
MIT Open Aggregated Podcast Feed
Digitally Savvy Boards: AI Update
Stephanie Woerner reads MIT CISR's March 2025 research briefing, which she co-authored with Peter Weill, Jennifer S. Banner, and James Moore. See the text version and related content at https://cisr.mit.edu/publication/2025_0301_SavvyBoardsUpdate_WeillWoernerBannerMoore Abstract: In 2019, MIT CISR published findings from our research on the digital savviness of company boards that showed 24 percent of boards were digitally savvy and had associated performance premiums. In 2024, we repeated the 2019 board analysis with current companies and found that having a digitally savvy board based on our original criteria was no longer differentiating. However, updating the criteria to account for newer technologies produced...
2025-03-18
00 min
Chapter & Verse: AI Book Club
Future Ready: The Four Pathways to Capturing Digital Value by Stephanie L. Woerner, Peter Weill, and Ina M. Sebastian
"Future Ready" serves as a guide for businesses navigating digital transformation, outlining strategies to create and capture value in the modern digital economy. It presents real-world examples and best practices from leading firms, and offers a framework to classify businesses based on their operational efficiency and customer experience. The text describes the concept of building a future-ready enterprise and offers a playbook to help firms achieve their goals. It also explores four distinct pathways that organizations can take, emphasizing the importance of identifying the appropriate path and effectively managing organizational changes. Finally, the text emphasizes the importance of adapting to r...
2025-03-03
44 min
MIT CISR
Business Value from Digital Sustainability
Ina Sebastian reads MIT CISR's January 2025 research briefing, which she co-authored with Stephanie Woerner, Peter Weill, and Daniel Woerner. See the text version and related content at https://cisr.mit.edu/publication/2025_0101_DigitalSustainability_SebastianWoernerWeillWoerner. Abstract: Sustainability is a cost of doing business for many companies today—but it is also an opportunity for creating value. Companies only achieve value, however, by embedding sustainability goals into company strategy and then developing capabilities to advance these goals. Our survey analysis suggested that there are four distinct strategic sustainability goals: compliance and efficiency, customer and investor reputation, new revenue, and company purpose. Companies in...
2025-01-15
11 min
MIT Open Aggregated Podcast Feed
Business Value from Digital Sustainability
Ina Sebastian reads MIT CISR's January 2025 research briefing, which she co-authored with Stephanie Woerner, Peter Weill, and Daniel Woerner. See the text version and related content at https://cisr.mit.edu/publication/2025_0101_DigitalSustainability_SebastianWoernerWeillWoerner. Abstract: Sustainability is a cost of doing business for many companies today—but it is also an opportunity for creating value. Companies only achieve value, however, by embedding sustainability goals into company strategy and then developing capabilities to advance these goals. Our survey analysis suggested that there are four distinct strategic sustainability goals: compliance and efficiency, customer and investor reputation, new revenue, and company purpose. Companies in...
2025-01-15
00 min
MIT CISR
Building Enterprise AI Maturity
Stephanie Woerner reads MIT CISR's December 2024 research briefing, which she co-authored with Peter Weill and Ina Sebastian. See the text version and related content at https://cisr.mit.edu/publication/2024_1201_EnterpriseAIMaturityModel_WeillWoernerSebastian. Abstract: With so much excitement and hype around AI, we pursued research that would help leaders make sense of the chaos and understand how enterprises create value with AI. This briefing describes the MIT CISR Enterprise AI Maturity model, which depicts four stages of enterprise AI maturity we identified based on a 2022 MIT CISR survey of 721 companies. We found that financial performance improved at each stage, and we...
2024-12-18
11 min
Leveraging Thought Leadership
From Academia to Action: Turning Research into Executive Impact | Stephanie Woerner | 613
How can an academic bridge the gap between rigorous research and actionable insights for executives? Stephanie Woerner, of MIT's Center for Information Systems Research (CISR), offers a masterclass on this topic in our latest podcast episode. She reveals how her team tackles the tension between academia’s slower pace and business’s urgent demands by designing projects with rapid deliverables and executive-relevant outcomes. It’s not just about publishing papers—it’s about driving impact and transforming practices. Stephanie explains how CISR collaborates with its consortium of 75 corporate members to co-create research agendas that solve real-world...
2024-12-15
43 min
MIT CISR
Reflecting on 50 Years of MIT CISR—and What We’ve Learned
Stephanie Woerner reads MIT CISR's October 2024 research briefing, which she co-authored with Peter Weill, Chris Foglia, and Dorothea Gray. See the text version and related content at https://cisr.mit.edu/publication/2024_1001_MITCISR50Years_WeillWoernerFogliaGray. Abstract: This briefing celebrates the 50th anniversary of the MIT Center for Information Systems Research (CISR). For 50 years MIT CISR has been a trusted partner of senior IT executives—both learning from them and helping them to create more value in their companies. In the past decade MIT CISR has broadened its engagement to top management teams, digital and data leaders, and boards of directors. We...
2024-10-15
16 min
MIT CISR
Creating an Enterprise Capability for Digital Sustainability
Thomas Haskamp reads MIT CISR's March 2024 research briefing, which he co-authored with Ina Sebastian and Stephanie Woerner. See the text version and related content at https://cisr.mit.edu/publication/2024_0301_GreenCIO_SebastianHaskampWoerner. Abstract: Technology leaders in top-performing companies spend significantly more time on building a complementary enterprise capability than their peers. Carbon emission reduction is a top concern for organizations, and therefore developing an enterprise capability for digital sustainability is a compelling opportunity for technology leaders. In our study, technology leaders were building and using an enterprise tracking capability to pursue three opportunities for scaling carbon emission reduction at their...
2024-03-21
15 min
MIT CISR
How Tech Leaders of Top-Performing Companies Spend Their Time
Stephanie Woerner reads MIT CISR's January 2024 research briefing, which she co-authored with Peter Weill and Gail Evans. See the text version and related content at https://cisr.mit.edu/publication/2024_0101_TechLeaderTime_WeillWoernerEvans. Abstract: As large established companies become increasingly digital, offering connected products and services and leading or participating in ecosystems, their tech leaders must balance many demands and opportunities for their time. And as digital technologies have become pervasive in enterprises, these demands and opportunities often fall outside the traditional CIO role. In this briefing, we share how time allocations for tech leaders have changed over fifteen years, and...
2024-01-18
13 min
MIT CISR
Getting Over a Digital Business Transformation Slowdown
Stephanie Woerner reads MIT CISR's December 2023 research briefing, which she co-authored with Ina Sebastian and Peter Weill. See the text version and related content at https://cisr.mit.edu/publication/2023_1201_RegainingMomentum_WoernerSebastianWeill. Abstract: Almost every company that we talk to is working on a digital business transformation—but with new opportunities such as generative AI emerging, transformation is becoming one of several ongoing priorities. When we started measuring transformation progress in 2017, companies were making good progress on becoming future ready; but at the end of 2022, transformation efforts were stalling. In this briefing, we examine why transformations stall—and what actions help...
2023-12-21
13 min
MIT CISR
xTech Innovation: Achieving Speed While Managing Risks
Stephanie Woerner reads MIT CISR's November 2023 research briefing, which she co-authored with Alan Thorogood. See the text version and related content at https://cisr.mit.edu/publication/2023_1101_xTechsFastandSafe_ThorogoodWoerner. Abstract: In a digital world, no organization can thrive on its own, and partnerships with xTechs offer powerful opportunities to innovate quickly, although with some risk. In this briefing, the second in a series on xTechs, we describe three mechanisms—delegated decision-making, risk management, and trust—that help large organizations innovate quickly while managing risks. We then illustrate how they do this with a case study of Bendigo and Adelaide Bank.
2023-11-16
16 min
Marc Kramer
Stephanie Woerner author of "Future Ready"
Stephanie Woerner author of "Future Ready" by Marc Kramer
2023-10-13
1h 01
MIT CISR
Top-Performing Companies Focus on Customer Domains
Stephanie Woerner reads MIT CISR's September 2023 research briefing, which she co-authored with Peter Weill. See the text version and related content at https://cisr.mit.edu/publication/2023_0901_DomainOriented_WeillWoerner. Abstract: A domain-oriented company helps serve a customer’s end-to-end need by focusing on customer outcomes rather than on the sales of products and services. In our latest survey, the companies we identified as being domain-oriented were top performers, with a huge premium on revenue growth and net margin. But taking a domain orientation requires a big mindset change of a company. In this briefing we explore what it takes to be...
2023-09-21
12 min
MIT CISR
Future Ready? Pick Your Pathway for Digital Business Transformation
Stephanie Woerner reads MIT CISR's September 2017 research briefing, which she co-authored with Peter Weill. See the text version and related content at https://cisr.mit.edu/publication/2017_0901_DigitalPathways_WeillWoerner. Abstract: Just about every big old company is on a digital transformation journey, often without a playbook. In this briefing, we provide a digital transformation playbook—at least the first chapter. We answer the questions: what is digital business transformation, what percentage of firms have transformed, and how do they perform? We also share the four viable pathways for transformation and their pros and cons. As the goal for your company is...
2023-08-28
13 min
MIT CISR
Building Data Monetization Capabilities that Pay Off
Stephanie Woerner reads MIT CISR's November 2019 research briefing, which was authored by Barb Wixom and Killian Farrell. See the text version and related content at https://cisr.mit.edu/publication/2019_1101_DataMonCapsPersist_WixomFarrell. Abstract: Data monetization—the direct or indirect conversion of data and analytics into financial returns—represents a key source of economic value for companies in the digital economy. This briefing draws on findings from an MIT CISR data monetization survey of 315 executives, sharing insights regarding the current state of data monetization capabilities and their impact on data monetization performance. The briefing explains that data monetization capabilities are evolutionary and...
2023-08-28
12 min
MIT CISR
Becoming Future Ready Requires Organizational Explosions
Stephanie Woerner reads MIT CISR's August 2018 research briefing, which she co-authored with Peter Weill and Nick van der Meulen. See the text version and related content at https://cisr.mit.edu/publication/2018_0801_PathwaysExplosions_WeillVanderMeulenWoerner. Abstract: Many companies plan to achieve breakthrough performance via digitally enabled business transformation. They are now in the middle of the hard work of execution—implementing the difficult organizational changes needed to succeed. We call these changes “organizational explosions” because that’s what they feel like; they are significant, disruptive changes that affect most of a company’s customers, employees, and partners. In this briefing we share insi...
2023-08-28
12 min
MIT CISR
Five Building Blocks of Digital Transformation
Stephanie Woerner reads MIT CISR's June 2018 research briefing, which was authored by Jeanne Ross, Martin Mocker, and Cynthia Beath. See the text version and related content at https://cisr.mit.edu/publication/2018_0601_BuildingBlocks_RossMockerBeath. Abstract: Established companies face daunting changes as they attempt to introduce digitally inspired customer value propositions. MIT CISR research has identified a set of five building blocks that develop assets essential to delivering digital value propositions. This briefing describes the five building blocks and the practices and tools established companies are relying on to develop their digital assets.
2023-08-28
13 min
MIT CISR
Data Sharing 2.0: New Data Sharing, New Value Creation
Stephanie Woerner reads MIT CISR's October 2020 research briefing, which was authored by Barb Wixom, Ina Sebastian, and Robert Gregory. See the text version and related content at https://cisr.mit.edu/publication/2020_1001_DataSharing_WixomSebastianGregory. Abstract: MIT CISR research has found that interorganizational data sharing is a top concern of companies; leaders often find data sharing costly, slow, and risky. Interorganizational data sharing, however, is requisite for new value creation in the digital economy. Digital opportunities require data sharing 2.0: cross-company sharing of complementary data assets and capabilities, which fills data gaps and allows companies, often collaboratively, to develop innovative solutions. This...
2023-08-28
14 min
MIT CISR
Replatforming the Enterprise
Stephanie Woerner reads MIT CISR's July 2020 research briefing, which she co-authored with Peter Weill and Michael Harte. See the text version and related content at https://cisr.mit.edu/publication/2020_0701_Replatforming_WeillWoernerHarte. Abstract: Leaders are preparing their enterprises to be Future Ready. Whichever pathways are followed, there is typically a technology hurdle: the systems, data, and processes in the enterprise aren’t fit for becoming Future Ready. Therefore, the enterprise has to replatform, to get from the current “silos and spaghetti” set of systems to a set of Future-Ready platforms. We found four distinct approaches to enterprise replatforming—building an API laye...
2023-08-28
15 min
MIT CISR
The Employee Experience of Digital Business Transformation
Stephanie Woerner reads MIT CISR's January 2020 research briefing, which was authored by Nick van der Meulen and Kristine Dery. See the text version and related content at https://cisr.mit.edu/publication/2020_0101_PathwaysEX_MeulenDery. Abstract: MIT CISR research has shown that senior leaders expect that digital transformation efforts will significantly affect 67 percent of employees. After all, it’s employees who have to adopt new systems, data, processes, and habits to deliver on the transformation. This briefing outlines just how employees are affected, by describing the employee experience along four distinct transformation pathways. We found that employees suffer from increased work co...
2023-08-28
13 min
MIT CISR
Unlocking New Digital Value
Stephanie Woerner reads MIT CISR's July 2023 research briefing, which she co-authored with Peter Weill. See the text version and related content at https://cisr.mit.edu/publication/2023_0701_UnlockingValue_WeillWoerner. Abstract:The top-performing companies on growth in our MIT CISR study used four distinct organizational levers to unlock value. We found that the companies in the top quartile of effectiveness at performing organizational surgery using these four levers were also top financial performers, growing 12 percentage points above their industry average; and leaders in innovation, with 45 percent of their annual revenue coming from new products introduced in the last three years. In...
2023-07-20
15 min
MIT CISR
Going Faster Is Not Enough; Add Innovation to Outperform
Stephanie Woerner reads MIT CISR's April 2023 research briefing, which she co-authored with Peter Weill and Jan Brecht. See the text version and related content at https://cisr.mit.edu/publication/2023_0401_SpeedandInnovation_WeillBrechtWoerner. Achieving speed in its own in business doesn’t differentiate much. In this briefing, we identify four drivers of the combination of speed and innovation and discuss how it contributes to top performance. We describe how companies achieve this combination with a mix of enabling technologies and management mechanisms. Finally, we illustrate this approach with a case study of Mercedes-Benz that demonstrates how the company achieves resilience via co...
2023-04-20
15 min
Outthinkers
#85—Stephanie Woerner: Four Pathways for Digital Transformation
Stephanie Woerner, Director and a Research Scientist at MIT's Center for Information Systems Research (CISR) at the MIT Sloan School of Management. She is also the co-author, with Peter Weill, of What's Your Digital Business Model? And with Peter Weill and Ina Sebastian, Future Ready: The Four Pathways to Capturing Digital Value. Stephanie studies how companies use technology and data to create more effective business models, as well as how they manage the associated organizational change, governance and strategy implications. She has a passion for measuring hard-to-assess digital factors and linking them to firm performance, and as...
2023-04-14
23 min
MIT CISR
Creating Value from Web3: Four Approaches to Adopting Blockchain
Gayan Benedict reads MIT CISR's Match 2023 research briefing, which he co-authored with Ina Sebastian and Stephanie Woerner. See the text version and related content at https://cisr.mit.edu/publication/2023_0301_AdoptingBlockchain_BenedictSebastianWoerner. Abstract: Compelling use cases for technologies enabling Web3 are accumulating. In a 2022 MIT CISR survey, companies’ effectiveness at deploying new technologies such as blockchain was significantly correlated with growth and profitability. Yet only thirteen percent of executives described their companies as very effective at doing so. Thirty-six percent described them as only slightly or not at all effective at it. Digital leaders are faced with the question of ho...
2023-03-16
12 min
Explore Into A High-Impact Full Audiobook During Your Workout.
Future Ready: The Four Pathways to Capturing Digital Value by Ina M. Sebastian, Stephanie L. Woerner, Peter Weill
Please visithttps://thebookvoice.com/podcasts/1/audiobook/634436to listen full audiobooks. Title: Future Ready: The Four Pathways to Capturing Digital Value Author: Ina M. Sebastian, Stephanie L. Woerner, Peter Weill Narrator: Christina Delaine Format: Unabridged Audiobook Length: 5 hours 48 minutes Release date: January 10, 2023 Genres: HR & Admin Publisher's Summary: It seems like almost every company you can think of has embarked on a 'digital transformation' journey. The problem is, many companies start down the road without a good sense of where they are going or a clear idea of how they will create and capture digital value. Not surprisingly, this leads to problems...
2023-01-10
5h 48
Feel This Uplifting Full Audiobook — Perfect While Cooking.
Future Ready: The Four Pathways to Capturing Digital Value by Ina M. Sebastian, Stephanie L. Woerner, Peter Weill
Please visithttps://thebookvoice.com/podcasts/1/audiobook/634436to listen full audiobooks. Title: Future Ready: The Four Pathways to Capturing Digital Value Author: Ina M. Sebastian, Stephanie L. Woerner, Peter Weill Narrator: Christina Delaine Format: Unabridged Audiobook Length: 5 hours 48 minutes Release date: January 10, 2023 Genres: Career Development Publisher's Summary: It seems like almost every company you can think of has embarked on a 'digital transformation' journey. The problem is, many companies start down the road without a good sense of where they are going or a clear idea of how they will create and capture digital value. Not surprisingly, this leads to problems...
2023-01-10
5h 48
Discover Top Full Audiobooks in Self-Improvement, Career Development
Future Ready: The Four Pathways to Capturing Digital Value by Ina M. Sebastian, Stephanie L. Woerner, Peter Weill
Please visithttps://thebookvoice.com/podcasts/1/audiobook/634436to listen full audiobooks. Title: Future Ready: The Four Pathways to Capturing Digital Value Author: Ina M. Sebastian, Stephanie L. Woerner, Peter Weill Narrator: Christina Delaine Format: Unabridged Audiobook Length: 5 hours 48 minutes Release date: January 10, 2023 Genres: Career Development Publisher's Summary: It seems like almost every company you can think of has embarked on a 'digital transformation' journey. The problem is, many companies start down the road without a good sense of where they are going or a clear idea of how they will create and capture digital value. Not surprisingly, this leads to problems...
2023-01-10
5h 48
Full Audiobooks in Self-Improvement, Career Development
Future Ready: The Four Pathways to Capturing Digital Value by Ina M. Sebastian, Stephanie L. Woerner, Peter Weill
Please visit https://thebookvoice.com/podcasts/1/audiobook/634436 to listen full audiobooks. Title: Future Ready: The Four Pathways to Capturing Digital Value Author: Ina M. Sebastian, Stephanie L. Woerner, Peter Weill Narrator: Christina Delaine Format: Unabridged Audiobook Length: 5 hours 48 minutes Release date: January 10, 2023 Genres: Career Development Publisher's Summary: It seems like almost every company you can think of has embarked on a 'digital transformation' journey. The problem is, many companies start down the road without a good sense of where they are going or a clear idea of how they will create and capture digital value. Not surprisingly, this leads to...
2023-01-10
30 min
Fuel Your Imagination Through Your Ears With Full Audiobook
Future Ready: The Four Pathways to Capturing Digital Value Audiobook by Ina M. Sebastian
Listen to this audiobook in full for free onhttps://hotaudiobook.com/freeID: 634436 Title: Future Ready: The Four Pathways to Capturing Digital Value Author: Ina M. Sebastian, Peter Weill, Stephanie L. Woerner Narrator: Christina Delaine Format: Unabridged Length: 05:48:00 Language: English Release date: 01-10-23 Publisher: Ascent Audio Genres: Business & Economics, Career Development, HR & Office Administration Summary: It seems like almost every company you can think of has embarked on a 'digital transformation' journey. The problem is, many companies start down the road without a good sense of where they are going or a clear idea of how they will create and...
2023-01-10
5h 48
Sunday Book Review
January 8, 2023 the Top AI and Machine Learning Books for 2023 edition
In the Sunday Book Review, I consider books that would interest the compliance professional, the business executive or anyone who might be curious. It could be books about business, compliance, history, leadership, current events or anything else that might interest me. In today’s edition of the Sunday Book Review, we consider some of the top AI and machine learning books which every compliance professional should read in 2023:· Future Ready: The Four Pathways to Capturing Digital Value by Stephanie L. Woerner, Peter Weill, and Ina M. Sebastian· Digitalization of Financial Services in the Age of Cloud by Jamil Mina...
2023-01-08
06 min
The Business of Learning
The Business of Learning, Episode 57: Thrive in the Age of Digital Transformation With Training and Development
Digital transformation is disrupting the way we work and learn, and many companies are struggling to keep pace. The digital skills gap continues to widen, and learning and development (L&D) leaders are tasked with delivering innovative programs and solutions that can help them navigate digital disruption and thrive in the future of work. In this episode of The Business of Learning, we spoke with Dr. Kim Tran, vice president and head of talent management at Allstate, and Stephanie Woerner, principal research scientist of MIT’s Center for Information Systems Research, to learn more about how training an...
2022-11-21
36 min
MIT CISR
Five Actions Leaders Must Get Right to Get to Future Ready
Stephanie Woerner reads MIT CISR's October 2022 research briefing, which she co-authored with Ina Sebastian and Peter Weill. See the text version and related content at https://cisr.mit.edu/publication/five-actions-leaders-must-get-right-get-future-ready. Abstract: In our recently published book, Future Ready: The Four Pathways to Capturing Digital Value, we identified five actions comprising the journey that we recommend companies take to ensure their digitally enabled business transformation is successful. In this research briefing, we describe the five actions and illustrate them with a case study from CEMEX.
2022-10-20
13 min
MIT CISR
Develop Ten Capabilities to Accelerate Digital Transformation
Stephanie Woerner reads MIT CISR's September 2022 research briefing, which she co-authored with Ina Sebastian and Peter Weill. See the text version and related content at https://cisr.mit.edu/publication/2022_0901_TenCapabilities_WoernerSebastianWeill. Abstract: Saddled with legacy systems, complex processes, and siloed data, many firms have begun digital business transformations to improve customer experience and increase operational efficiency. We identify firms that have transformed on both of these dimensions as being Future Ready. MIT CISR research has identified ten future-ready capabilities that top-performing firms develop to achieve progress on both customer and operational dimensions and capture digital value. In this research...
2022-09-15
14 min
MIT CISR
Replatforming: Securing Board and Top Management Team Buy-In
Stephanie Woerner reads MIT CISR's August 2022 research briefing, which she co-authored with Peter Reynolds, Michael Harte, and Peter Weill. See the text version and related content at https://cisr.mit.edu/publication/2022_0801_ExplainingReplatforming_WoernerReynoldsHarteWeill. Abstract: Enterprises today often replatform as part of their efforts to become Future Ready because the state of their existing systems, data, and processes hinders the organization’s ability to compete in the digital economy. In replatforming, an enterprise transitions legacy applications to cloud platforms and digitizes key components and capabilities. It’s critical that the enterprise’s board and top management team embrace replatforming for the ef...
2022-08-18
13 min
MIT CISR
Coordinating Multiple Pathways for Transformation Progress
Stephanie Woerner reads MIT CISR's April 2022 research briefing, which she co-authored with Peter Weill and Andrea Patricia Diaz Baquero. See the text version and related content at https://cisr.mit.edu/publication/2022_0401_MultiplePathways_WoernerWeillDiazBaquero. Abstract: In our research, executives we talked with at many large companies noted that a pathway well-suited to one business unit may not work as well for another. In such cases, it makes sense for a company to progress on multiple pathways. There’s a big caveat, though: a company pursuing multiple pathways must coordinate across them or risk increasing complexity and fragmentation, with progress slowing do...
2022-04-21
15 min
MIT CISR
Dashboarding Pays Off
Stephanie Woerner reads MIT CISR's January 2022 research briefing, which she co-authored with Peter Weill. See the text version and related content at https://cisr.mit.edu/publication/2022_0101_Dashboarding_WeillWoerner. Abstract: In a digital business transformation, knowing where you are is as important as knowing where you want to go. To know where you are requires two important types of measures: those that indicate transformation success, such as progress and value creation; and those that track effectiveness at building capabilities future-ready companies must have to thrive in the digital era. The best tool we have seen companies use to know where...
2022-01-20
12 min
MIT CISR
Build Eight Dynamic Capabilities for Digital Business Model Change
Stephanie Woerner reads MIT CISR's August 2021 research briefing, which she co-authored with Leslie Owens and Cynthia Beath. See the text version and related content at https://cisr.mit.edu/publication/2021_0901_FourPrinciples_FonstadSalonen.
2021-08-23
11 min
MIT CISR
Three Types of Value Drive Performance in Digital Business
Ina Sebastian reads MIT CISR's March 2021 research briefing, which she co-authored with Peter Weill and Stephanie Woerner. See the text version and related content at https://cisr.mit.edu/publication/2021_0301_ValueinDigitalBusiness_SebastianWeillWoerner. Abstract: Companies can create new types of value in the digital era. In our research, we identified three types of value from digital business: value from operations, value from customers, and value from ecosystems. All three types of value were significant predictors of company performance, although their relative impacts varied. In this briefing, we describe the three types of value and show how they are captured in company...
2021-03-25
13 min
MIT CISR
Update on the Four Pathways to Future Ready
Stephanie Woerner reads MIT CISR's February 2021 research briefing, which she co-authored with Peter Weill. See the text version and related content at https://cisr.mit.edu/publication/2021_0201_PathwaysUpdate_WoernerWeill. Abstract: In 2017 we first observed how almost every big old company was on a digital transformation journey, many without a playbook. We described the goal of business transformation—to become Future Ready—and four pathways we identified in our research that companies can follow to outperform their industry. In understanding how companies successfully get to Future Ready, we pinpointed four significant, disruptive changes common to all of the pathways, which we call...
2021-02-19
11 min
MIT CISR
Hello Domains, Goodbye Industries
Stephanie Woerner reads MIT CISR's January 2021 research briefing, which she co-authored with Peter Weill and Andrea Patricia Diaz Baquero. See the text version and related content at https://cisr.mit.edu/publication/2021_0101_HelloDomains_WeillWoernerDiaz. Abstract: For decades, companies have thought of themselves as operating in industries such as banking, retail, and energy. In contrast, most customers seek to fulfill specific needs—business customers might aim to manage their energy consumption, and consumers might navigate getting an education. We call these different customer problems and opportunities domains. Digital technologies, and new business models such as ecosystems, provide an opportunity to rethink ho...
2021-01-28
13 min
MIT Sloan Management Review Polska
Jaki model biznesowy jest najbardziej odpowiedni dla twojej firmy w erze cyfrowej?
Poziom wiedzy o kliencie końcowym oraz zdolność do funkcjonowania w środowisku cyfrowym pozwalają ustalić optymalny model biznesowy dla organizacji- twierdzi Stephanie L. Woerner z MIT Sloan Center for Information Systems Research. Rozmawia Paweł Górecki, redaktor naczelny MIT Sloan Management Review Polska.Special Guest: Stephanie L. Woerner.
2020-09-01
43 min
Exploring Leaders by Digoshen
Do You & your Board know your company’s best Digital Business Model? With Dr Stephanie Woerner, MIT Sloan
This is "Exploring Leaders" episode 16 with the globally leading research scientist Dr. Stephanie Woerner, from MIT Sloan. She will share insights from the research and engagement with hundreds of organisations on their digital journey over the last years, also summarized in the book "Whats your digital business model". Stephanie will share frameworks, examples and critical questions, inspiring you to take leadership in the digital age.
2018-12-28
33 min
MIT CISR
What's Your Digital Business Model: Chapter 6—Leadership (Weill)
Do You Have the Leadership to Make Your Transformation Happen? A case study from Schneider Electric In the rapidly changing digital economy, you can't succeed by merely tweaking management practices that led to past success. And yet, while many leaders and managers recognize the threat from digital—and the potential opportunity—they lack a common language and compelling framework to help them assess it and guide them in responding. They don't know how to think about their digital business model. In their book What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise, MIT digital research lead...
2018-10-09
02 min
MIT CISR
What's Your Digital Business Model: Chapter 5—Capabilities (Weill)
Do You Have the Crucial Capabilities to Reinvent the Enterprise? In the rapidly changing digital economy, you can't succeed by merely tweaking management practices that led to past success. And yet, while many leaders and managers recognize the threat from digital—and the potential opportunity—they lack a common language and compelling framework to help them assess it and guide them in responding. They don't know how to think about their digital business model. In their book What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise, MIT digital research leaders Peter Weill and Stephanie Woerner prov...
2018-09-06
01 min
MIT CISR
What's Your Digital Business Model: Chapter 4—Connection (Weill)
How Will You Connect Using Mobile and the Internet of Things? In the rapidly changing digital economy, you can't succeed by merely tweaking management practices that led to past success. And yet, while many leaders and managers recognize the threat from digital—and the potential opportunity—they lack a common language and compelling framework to help them assess it and guide them in responding. They don't know how to think about their digital business model. In their book What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise, MIT digital research leaders Peter Weill and Stephanie Woer...
2018-08-09
01 min
MIT CISR
What's Your Digital Business Model: Chapter 3—Competitive Advantage (Woerner)
What Is Your Digital Competitive Advantage? In the rapidly changing digital economy, you can't succeed by merely tweaking management practices that led to past success. And yet, while many leaders and managers recognize the threat from digital—and the potential opportunity—they lack a common language and compelling framework to help them assess it and guide them in responding. They don't know how to think about their digital business model. In their book What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise, MIT digital research leaders Peter Weill and Stephanie Woerner provide a powerful yet stra...
2018-07-10
01 min
MIT CISR
What's Your Digital Business Model: Chapter 2—Business Model (Woerner)
Which Digital Business Model Is Best for Your Future? In their book What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise, MIT digital research leaders Peter Weill and Stephanie Woerner provide a powerful yet straightforward framework to help managers and executives clarify where they are currently in an increasingly digital business landscape and highlight what's needed to move toward a higher-value digital business model. This excerpt from chapter 2 of the book offers a description of four distinct business models from the authors' research, each within a quadrant representing different capabilities and varying average financial performance.
2018-06-07
01 min
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Please visithttps://thebookvoice.com/podcasts/1/audiobook/332331to listen full audiobooks. Title: What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise Author: Peter Weill, Stephanie Woerner Narrator: Colin McPhillamy Format: Unabridged Audiobook Length: 6 hours 54 minutes Release date: May 8, 2018 Genres: Management & Leadership Publisher's Summary: What is your digital business model? While many leaders of companies recognize the threat from digital--and the potential opportunity--they lack a common language or a compelling framework to help them assess it and, more importantly, to direct them. They don't know how to think about their digital business model. In this probing and...
2018-05-08
6h 54
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What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise by Peter Weill, Stephanie Woerner
Please visithttps://thebookvoice.com/podcasts/1/audiobook/332331to listen full audiobooks. Title: What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise Author: Peter Weill, Stephanie Woerner Narrator: Colin McPhillamy Format: Unabridged Audiobook Length: 6 hours 54 minutes Release date: May 8, 2018 Genres: Business & Career Development Publisher's Summary: What is your digital business model? While many leaders of companies recognize the threat from digital--and the potential opportunity--they lack a common language or a compelling framework to help them assess it and, more importantly, to direct them. They don't know how to think about their digital business model. In this probing...
2018-05-08
6h 54
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What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise Audiobook by Peter Weill
Listen to this audiobook in full for free onhttps://hotaudiobook.com/freeID: 332331 Title: What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise Author: Peter Weill, Stephanie Woerner Narrator: Colin McPhillamy Format: Unabridged Length: 06:54:00 Language: English Release date: 05-08-18 Publisher: Recorded Books Genres: Business & Economics, Management & Leadership, Business Development Summary: What is your digital business model? While many leaders of companies recognize the threat from digital--and the potential opportunity--they lack a common language or a compelling framework to help them assess it and, more importantly, to direct them. They don't know how to think about...
2018-05-08
6h 54
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What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise by Peter Weill, Stephanie Woerner
Please visithttps://thebookvoice.com/podcasts/1/audiobook/332331to listen full audiobooks. Title: What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise Author: Peter Weill, Stephanie Woerner Narrator: Colin McPhillamy Format: Unabridged Audiobook Length: 6 hours 54 minutes Release date: May 8, 2018 Genres: Management & Leadership Publisher's Summary: What is your digital business model? While many leaders of companies recognize the threat from digital--and the potential opportunity--they lack a common language or a compelling framework to help them assess it and, more importantly, to direct them. They don't know how to think about their digital business model. In this probing and...
2018-05-08
6h 54
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What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise by Peter Weill, Stephanie Woerner
Please visithttps://thebookvoice.com/podcasts/1/audiobook/332331to listen full audiobooks. Title: What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise Author: Peter Weill, Stephanie Woerner Narrator: Colin McPhillamy Format: Unabridged Audiobook Length: 6 hours 54 minutes Release date: May 8, 2018 Genres: Business & Career Development Publisher's Summary: What is your digital business model? While many leaders of companies recognize the threat from digital--and the potential opportunity--they lack a common language or a compelling framework to help them assess it and, more importantly, to direct them. They don't know how to think about their digital business model. In this probing...
2018-05-08
6h 54
MIT CISR
What's Your Digital Business Model: Introduction (Woerner)
In the rapidly changing digital economy, you can't succeed by merely tweaking management practices that led to past success. And yet, while many leaders and managers recognize the threat from digital—and the potential opportunity—they lack a common language and compelling framework to help them assess it and guide them in responding. They don't know how to think about their digital business model. In their book What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise, MIT digital research leaders Peter Weill and Stephanie Woerner provide a powerful yet straightforward framework to help managers and exec...
2018-05-07
01 min
MIT CISR
What's Your Digital Business Model: Chapter 1—Threat (Woerner)
What Is the Digital Threat—and Opportunity? In the rapidly changing digital economy, you can't succeed by merely tweaking management practices that led to past success. And yet, while many leaders and managers recognize the threat from digital—and the potential opportunity—they lack a common language and compelling framework to help them assess it and guide them in responding. They don't know how to think about their digital business model. In their book What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise, MIT digital research leaders Peter Weill and Stephanie Woerner provide a powerful yet st...
2018-05-06
01 min