Authors:
First book to show how to develop an information-based strategy around patterns
Describes the new patterns of power that are the result of the digital transformation
Shows how to identify newly vulnerable markets that offer the competitive advantage of new entrants
Explores working with the patterns to manage strategic uncertainty about the firm’s operating environment
Explores making the decisions regarding which information-based strategies to implement,
based on the uncertainty of the firm’s future competitive environment
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Table of contents (13 chapters)
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Front Matter
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Patterns for Efficiency, Value Creation, and Competitive Advantage
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Front Matter
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Patterns for Power, Control, and Harvesting of Profits
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Front Matter
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I Got It! Learning to Work with These Patterns?
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Front Matter
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Back Matter
About this book
How did Capital One and Uber implement nearly identical business models, focusing on customers that are most profitable to serve? Why are Google and Amazon so valuable to us? Why are Google, Apple, Microsoft, and Amazon so difficult for competitors to displace? And why can Google charge almost anything it wants for keywords, since no form of competition will force prices down? The information-based business models of these companies, and many more, are exploiting the patterns described in this book.
This book instills pattern-based thinking that will prepare all readers for greater success in our rapidly changing world. It will help executives, regulators, investors, and concerned citizens better navigate their way through the digital transformation of everything.
Professor Clemons presents six patterns for staying competitive and achieving profitable business models. The author'sreframe-recognize-respond framework teaches readers how to transform unfamiliar problems into familiar patterns, how to determine which patterns to apply in different situations, and how to respond most effectively.
Information changes everything. This book is a guide to power and profit from understanding changes in the age of digital transformation.Authors and Affiliations
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University of Pennsylvania , Philadelphia, USA
Eric K. Clemons
About the author
Eric K. Clemons is Professor of Operations, Information and Decisions at the Wharton School of the University of Pennsylvania. For thirty years he served as the Founder and Project Director for the School’s Sponsored Research Project on Information: Strategy and Economics. He worked with C-suite officers from organizations like Merrill Lynch, Marriott Hotels, Lever Brothers, and Continental Airlines, to develop research that advanced their daily decision making. His experience includes analyzing bet-the-farm decisions with individuals as varied as the Chairmen of the New York Stock Exchange and the London Stock Exchange and the Chief of Naval Operations, to the president and chief operating officer of a rapidly growing craft brewer. He is a pioneer in the digital transformation of business strategy.
Bibliographic Information
Book Title: New Patterns of Power and Profit
Book Subtitle: A Strategist's Guide to Competitive Advantage in the Age of Digital Transformation
Authors: Eric K. Clemons
DOI: https://doi.org/10.1007/978-3-030-00443-9
Publisher: Palgrave Macmillan Cham
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG. 2019
Hardcover ISBN: 978-3-030-00442-2Published: 19 October 2018
Softcover ISBN: 978-3-030-13112-8Published: 10 December 2019
eBook ISBN: 978-3-030-00443-9Published: 09 October 2018
Edition Number: 1
Number of Pages: XXVIII, 266
Number of Illustrations: 7 b/w illustrations
Topics: Popular Science in Business and Management, IT in Business, Marketing