Strategic transformations in a disruptive digital environment.

Oliver, J. J., 2018. Strategic transformations in a disruptive digital environment. Strategic Direction, 34 (5), pp. 5-8.

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DOI: 10.1108/SD-01-2018-0003

Abstract

Abstract Purpose: This paper illustrates how two media firms, Sky Plc and Pearson Plc, adapted, reconfigured and transformed their businesses to meet the demands of an operating environment characterized by inexorable changes in digital technologies. Design/methodology/approach: The over-arching vision, corporate strategies and financial performance for both firms are examined over two business cycles. Findings: These findings illustrate why firms need to create a portfolio business that takes advantage of the market opportunities created by innovative digital technologies, whilst off-setting the risks associated with digital disruption. Practical implications: Business leaders should not dispense with the basic principles of good strategic business unit portfolio management in their attempts to take advantage of the market opportunities provided by a disruptive digital environment. Social implications: Not applicable Originality/value: This paper provides a highly original insight into two how firms placed ambitious levels of growth at the heart of their corporate strategies to seize the market opportunities provided by an increasingly digital operating environment.

Item Type:Article
ISSN:0258-0543
Additional Information:All financial data, unless otherwise stated, has been sourced from Thomson Reuters DataStream. [1] Fallon, J. (2012). Annual Report and Accounts 2012, p.8, Pearson Plc. [2] Annual Report and Accounts 2016, p.30, Pearson Plc. Acknowledgements This research has been funded by the British Academy/Leverhulme Trust (Ref: SG150150).
Uncontrolled Keywords:Strategic Transformation; Digital Disruption; Corporate Strategy; Portfolio Business; Corporate Financial Performance
Group:Faculty of Media & Communication
ID Code:30252
Deposited By: Unnamed user with email symplectic@symplectic
Deposited On:23 Jan 2018 12:22
Last Modified:23 May 2018 15:06

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