E2: Chapter 3 – Knowledge Check: Business models in digital ecosystems

Which approach to adapting to digital disruption is particulary suited to organisations wherein staff have manifested a strong aversion to change, or where management lacks creativity and flexibility?

Which of the following digital technologies in particular facilitates the reliance on/utilisation of “homeworking”?

In the case of effective leadership in the digital age, which kinds of organisational structure are most conducive to that end?

“We should give them incentives to perform, possibly with long-term company share plans, project leadership responsibilities or new training opportunities”.

This statement is likely to apply to which area of leadership and culture in the digital age?

In adapting to digital transformation of industries, companies may need to adopt a “digital operating model” as part of their new disruptive business model. Which of the following are kinds of digital operating model that such companies could adopt? (Select ALL that apply)

“Careful consideration must be given to how the implementation of the digital strategy and changes will be managed. For example, what sort of metrics (or KPIs) need to be introduced and monitored? What benchmarks should there be for determining successful outcomes?”

To which leadership responsibility does the above statement correspond?

Which of the following steps are considered key in creating a digital workforce? (Select ALL that apply)

Which of the following is NOT an example of a disruptive technology?

Two effective ways of creating a workforce with digital skills are:

In a more digital business world, which of the following statements are true?

1. The businesses’ operating gearing is likely to increase.
2. The expenditure on training is likely to be substantial in the early years.

Becoming an “employer of choice” in the digital age means especially that the company culture appeals to millennials and younger generations, given their intimate familiarity with the digital world. Which of the following are key components in becoming such an “employer of choice”?

Star Trucking is in logistics and is concerned about the extent to which its trucks are travelling empty or partially empty. It recruited IT experts and has designed software to assess the space that is free and better utilise it with cargo from other parties. This software will be used by itself and will be sold to others.

This kind of business model is best described as:

In the pursuit of creating a workforce with digital skills, choose the option below that would facilitate such a pursuit:

What is one of the main risks associated with widespread use of Artificial Intelligence and Machine Learning in organisations?

Which TWO of the following are features of a digital culture in an organisation?

“We always let ideas win arguments, not hierarchies”.

This famous quotation applies to which aspect of adaptation to digital disruption?

Which digital operating model works best with a decentralized structure that empowers frontline staff?

Which of the following is a potentially effective way that a company can address the shortage of digital talent that currently prevails?

Which of the following are considered necessary responsibilities of board members/senior leadership within an organisation when it comes to successfully navigating digital disruption?