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Overview: The digital transformation of organizations continues at a frenetic pace. While some companies have achieved trailblazer status, others are finding it difficult to change and therefore are lagging. Digital leaders play a pivotal role in this transition because they can increase the confidence of their organizations behind these often risky and disruptive initiatives. In this article, we present our efforts to i) separate the practices of digitally developing and digitally mature organizations―particularly those of their leaders, ii) determine the specific trust-building actions of digitally mature leaders, iii) develop a scale to measure the human dimensions of digital leaders, and iv) discuss the future development of a reliable scale and self-assessment tool that digital leaders can use to assess their own readiness to accelerate digital initiatives.
Business ecosystems have become a novel type of value system in all economic sectors. Many of the world’s largest and most valuable companies operate with business ecosystem approaches. The lack of a uniform understanding of business ecosystems’ features and characteristics make it difficult for decision makers in companies to develop and implement effective business ecosystem strategies. We created a morphology that describes all value systems and applied it to business ecosystems. We link business ecosystem characteristics to current interorganizational research and also help practitioners
operationalize the concept of business ecosystems. Companies can use the managerial implications we provide to leverage ecosystems and co-create value.