A Druckerian Framework for Understanding and Leveraging Digital Ecosystems

This paper explores the transformative potential of digital ecosystems through the lens of Peter Drucker's management philosophy. By examining case studies of Audi, M-PESA, and Apple CarPlay, it identifies several key success factors such as a clear vision, customer-centricity, effective leadership, robust technology, a supportive culture, strategic partnerships, and data-driven insights. These elements are crucial for driving innovation and maintaining a competitive edge. The study integrates Drucker's principles with contemporary strategies, emphasizing innovation, customer focus, leadership, and the role of knowledge workers. It offers valuable insights for organizations aiming to thrive in the digital age and outlines a comprehensive business model to navigate digital transformation successfully.

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Publication Details

Journal
European Conference on Innovation and Entrepreneurship
Published
2024-09-20
DOI
https://doi.org/10.34190/ecie.19.1.2755
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
0.00
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article

A Druckerian Framework for Understanding and Leveraging Digital Ecosystems

Yubo Fu, Zihao Yi
European Conference on Innovation and Entrepreneurship
Big Data and Business Intelligence
article

A Druckerian Framework for Understanding and Leveraging Digital Ecosystems

Yubo Fu, Zihao Yi
article en

Abstract

This paper explores the transformative potential of digital ecosystems through the lens of Peter Drucker's management philosophy. By examining case studies of Audi, M-PESA, and Apple CarPlay, it identifies several key success factors such as a clear vision, customer-centricity, effective leadership, robust technology, a supportive culture, strategic partnerships, and data-driven insights. These elements are crucial for driving innovation and maintaining a competitive edge. The study integrates Drucker's principles with contemporary strategies, emphasizing innovation, customer focus, leadership, and the role of knowledge workers. It offers valuable insights for organizations aiming to thrive in the digital age and outlines a comprehensive business model to navigate digital transformation successfully.

European Conference on Innovation and EntrepreneurshipVol. 19(1)
Claremont Graduate University (US), California State University, San Marcos (US)
Partnerships for the goals
Openalex Percentile: Top 76%
Big Data and Business Intelligence
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