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There are 4 modules in this course
Digital transformation is a hot topic--but what exactly is it and what does it mean for companies? In this course, developed at the Darden School of Business at the University of Virginia, and led by top-ranked Darden faculty and Boston Consulting Group global management experts, we talk about digital transformation in two ways. First we discuss the pace of change and the imperative it creates for businesses. Next we provide the context for this transformation and what it takes to win in the digital age. Then we walk through BCG's proprietary framework, which helps you identify key areas to digitize, including strategy, core processes, and technology.
By the end of this course, you'll be able to:
--describe the underlying economics of innovation, technology, and market disruptions
--weigh the pros and cons of current digital technologies driving advancement
--utilize BCG's digital transformation framework as a "how-to" for digitizing your organization
The exponential rate at which technology is evolving creates an imperative for organizations to deconstruct their value chain to gain a competitive advantage. This week, we'll discuss three fundamental laws about how digital information can be processed, communicated, and stored. Then we'll look at how the exponential rate of technological change is driving changes in the industry. You'll also hear from the executive leadership of Pitney Bowes about their ongoing adaptation and transformation of their business.
Interview with Philip Evans on Deconstruction•8 minutes
Technology Makes the Difference•11 minutes
Digital Transformation at Pitney Bowes•1 minute
Interview with Pitney Bowes CEO, Marc Lautenbach•12 minutes
Interview with Pitney Bowes Executive Vice President & President of Commerce Services, Lila Snyder•8 minutes
Week 1 Conclusion•3 minutes
3 readings•Total 30 minutes
Welcome to the Specialization•10 minutes
Course Overview & Requirements•10 minutes
Survey•10 minutes
2 assignments•Total 40 minutes
Practice Quiz: Technology Laws of Business Disruption•30 minutes
Week 1 Quiz: Technology Laws of Business Disruption•10 minutes
3 discussion prompts•Total 30 minutes
Introduce Yourself•10 minutes
What are your take-aways from the Pitney-Bowes interviews?•10 minutes
Week 1 Takeaways•10 minutes
The Mechanics of Disruption
Module 2•2 hours to complete
Module details
Disruption is not new, and we can learn from the past how to thrive given the constant disruptions that are the hallmark of the digital age. This week, we will explore the foundations of digital transformation and the nature of the competitive life cycle. We will look at the underlying economics of innovation and technological change. Finally we will explore incumbency and the economics of innovation through the lens of digital transformation.
What's included
10 videos3 assignments
Show info about module content
10 videos•Total 59 minutes
Week 2 Introduction•1 minute
A Historical Perspective•7 minutes
Disruption Is Not New Part I•6 minutes
Disruption Is Not New Part II•10 minutes
Environmental Analysis & the Competitive Life Cycle•6 minutes
The Competitive Life Cycle in Detail•6 minutes
The Liability of Incumbency•8 minutes
The Economics of Innovation•9 minutes
A Portfolio View•4 minutes
Week 2 Conclusion•2 minutes
3 assignments•Total 85 minutes
Practice Quiz: Understanding the Context•30 minutes
Practice Quiz: Winning in the Digital Age•30 minutes
Week 2 Quiz on Foundations of Digital Transformation•25 minutes
Digital Trends Past and Future
Module 3•5 hours to complete
Module details
Change as a constant has never been truer than with digital transformations. This week we will look at the key drivers of digital transformation, opportunities they have already established and the challenges they bring. Then we will explore emerging trends and technologies, what is possible/likely in the future, and currently what we're seeing in practice.
What's included
20 videos5 assignments
Show info about module content
20 videos•Total 144 minutes
Week 3 Introduction•3 minutes
Big Data Part I•6 minutes
Big Data Part II•6 minutes
Interview with John Rose on Trust•11 minutes
Shift to the Cloud Part I•6 minutes
Shift to the Cloud Part II•6 minutes
Internet of Things•10 minutes
Additive Manufacturing Part I•5 minutes
Additive Manufacturing Part II•6 minutes
Cyber Security Part I•8 minutes
Cyber Security Part II•5 minutes
Artificial Intelligence Part I•8 minutes
Artificial Intelligence Part II•7 minutes
Blockchain Part I•9 minutes
Blockchain Part II•8 minutes
Interview with Nicolas Harlé on Blockchain•8 minutes
Combination of Trends•10 minutes
Tour Through BCG's Innovation Center for Operations•12 minutes
Interview with Moundir Rachidi on Industry 4.0•6 minutes
Week 3 Conclusion•2 minutes
5 assignments•Total 150 minutes
Practice Quiz: Drivers of Digital Transformation•30 minutes
Practice Quiz: Opportunities and Challenges•30 minutes
Practice Quiz: Emerging Trends and Technologies•30 minutes
Practice Quiz: Emerging Trends and Technologies•30 minutes
Week 3 Quiz: High-profile Digital Technologies•30 minutes
Your Path to Digital Transformation
Module 4•4 hours to complete
Module details
During Week 4 we tackle the "how" of digital transformation. We approach this challenge using BCG's proprietary framework, which provides a practical strategic model for moving from a legacy to a digitized business. We'll explain the framework's fundamental duality and the different enablers of digital transformation.
What's included
20 videos3 assignments
Show info about module content
20 videos•Total 161 minutes
Week 4 Introduction•5 minutes
Interview with Tom Reichert on the Framework•11 minutes
Strategy Driven by Digital•14 minutes
Digitize the Core Part I•8 minutes
Digitize the Core Part II•5 minutes
Interview with Antoine Gourévitch on Digitization•9 minutes
New Digital Growth Part I•7 minutes
New Digital Growth Part II•6 minutes
Innovation & UVA's i.Lab•8 minutes
People & Organization•11 minutes
Interview with Martin Danoesastro on Agile @ Scale•9 minutes
Data & Analytics Part I•3 minutes
Data & Analytics Part II•12 minutes
Data & Analytics at London's Heathrow Airport•10 minutes
Technology•12 minutes
Interview with Stefan Mohr on Technology•11 minutes
Ecosystems•10 minutes
Interview with Ralf Dreischmeier on Success Factors of Digital Transformation•5 minutes
Week 4 Conclusion•4 minutes
Course Conclusion•1 minute
3 assignments•Total 90 minutes
Practice Quiz on Layer 2: The Fundamental Duality•30 minutes
Practice Quiz on Layer 3: The Core Enablers•30 minutes
Week 4 Quiz: Your Path to Digital Transformation•30 minutes
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A premier institution of higher education, The University of Virginia offers outstanding academics, world-class faculty, and an inspiring, supportive environment. Founded by Thomas Jefferson in 1819, the University is guided by his vision of discovery, innovation, and development of the full potential of students from all walks of life. Through these courses, global learners have an opportunity to study with renowned scholars and thought leaders.
Boston Consulting Group (BCG) is a global management consulting firm and the world’s leading advisor on business strategy.
We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with offices in more than 90 cities in 50 countries. For more information, please visit bcg.com.
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Showing 3 of 6363
W
WQ
5·
Reviewed on Nov 11, 2019
The course is great. The instructors have an amazing knowledge. The materials are very good. I would like to thank Amane, Ching Fong and Micheal for their effort and examples during the course.
S
SB
5·
Reviewed on Sep 29, 2020
Amazing path to go through training, balanced curricula between theory
and practical business cases, get adjusted to changes. Highly
recommended for visionaries, leaders and innovators.
F
FG
5·
Reviewed on Jul 26, 2020
It was a clear travel on Digital Transformation, and give me the bases to understand the critical subjects, risks and opportunities to facing our Business Digital transformation journey. Thanks!
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What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.