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Build Eight Dynamic Capabilities for Digital Business Model Change

Per this audio podcast of the August 2021 research briefing, companies with strong dynamic capabilities are able to pivot during a crisis, develop new digital offerings, and experiment with new digital business models.
By Stephanie L. Woerner, Leslie Owens, and Cynthia M. Beath

LISTEN TO THE RESEARCH

To create new types of value, organizations cannot just leverage existing strengths; they must also innovate to leverage powerful, readily accessible technologies. Dynamic capabilities underpin the ability to develop and sustain competitive advantage. Companies with strong dynamic capabilities are able to pivot during a crisis, develop new digital offerings, and experiment with new digital business models. This briefing, employing a theoretical perspective, describes and analyzes the eight dynamic capabilities needed for digital business model change, and presents data on how top performers execute on the capabilities.

SEE THE PRINT VERSION OF THE BRIEFING.

The August 2021 research briefing is read by co-author Stephanie Woerner.

DOWNLOAD THE TRANSCRIPT

Follow the research briefing podcast series on SoundCloud.

© 2021 MIT Sloan Center for Information Systems Research, Woerner, Owens, and Beath. MIT CISR Research Briefings are published monthly to update the center's patrons and sponsors on current research projects.

About the Authors

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Stephanie L. Woerner, Research Scientist, MIT Sloan Center for Information Systems Research (CISR)

E94-1557
(617) 452-3222
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Leslie Owens, Executive Director & MIT Sloan Senior Lecturer, MIT Sloan Center for Information Systems Research (CISR)

E94-1547
(617) 324-1901
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Cynthia M. Beath, Professor Emerita, University of Texas at Austin

MIT SLOAN CENTER FOR INFORMATION SYSTEMS RESEARCH 

Founded in 1974 and grounded in the MIT tradition of rigorous field-based research, MIT CISR helps executives meet the challenge of leading dynamic, global, and information-intensive organizations. Through research, teaching, and events, the center stimulates interaction among scholars, students, and practitioners. More than ninety firms sponsor our work and participate in our consortium. 

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