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Valérie Fernandez and Thomas Houy

Digital-driven changes are both generic and specific. Most transformations apply to all industries, equally and without exception. But in some industries or places, digital transformations are singular and atypical. To be a player in the digital world, you will need to master both the transformations common to all industries and the transformations at work on certain verticals. Retail and the sharing economy are emblematic of markets where specific transformations are unfolding. This module will tell you how.

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Digital-driven changes are both generic and specific. Most transformations apply to all industries, equally and without exception. But in some industries or places, digital transformations are singular and atypical. To be a player in the digital world, you will need to master both the transformations common to all industries and the transformations at work on certain verticals. Retail and the sharing economy are emblematic of markets where specific transformations are unfolding. This module will tell you how.

Week 1 : New business models, new perimeters

Week 2 : Regulating the digital innovation

Week 3 : The value of digital innovation

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What's inside

Syllabus

New business models, new perimeters
Hello ! We are delighted to welcome you for this course. During the next 3 weeks, we will show you how to grow on digital world. Let's start by providing you with information on the topics covered during the first week : When it comes to business models, the digital world has opened up a whole new realm of possibilities. Companies are setting up in unique ways, with unprecedented configurations. With new technology, they can design, produce and distribute products and services following new codes, which are likely to radically transform the way that value is created and shared among players within a same ecosystem.You will need to be aware of these changes in order to more reliably assess the strategies adopted by digital companies.
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Regulating the digital innovation
Hello ! We hope you enjoyed the first week of the course. Welcome to the second week of the course. After having dealt with "new business models", we are going to tackle the subject of "regulation". Digital transformations are often discussed in terms of their impact on the economy. But we should never forget that these economic upheavals always involve legal considerations. Digital regulation plays a crucial role: it can either boost or slow down innovation. It also influences how digital players position themselves, based on what can be done or, on the contrary, what is prohibited. You must be familiar with the key principles of digital regulation in order to comprehensively assess changes observed.
The value of digital innovation
Hello ! The end of the course is approaching. You have one week left. During this third and last week, we would like to discuss about "the value of digital innovation". Much of the value created by digital products and services is immaterial. Software, online services, platforms… All these assets holding up the digital economy are intangible. This immateriality naturally raises the question of the value of these assets. It is worth noting that the Internet has always been the target of recurring criticism regarding the value created online. The bubble of the 2000s and the fleeting or gimmicky nature of some start-up pitches certainly have not done much for the credibility of digital products’ and services’ value. To fully understand the digital world, you need to be clear about how to assess the value created by digital technology. You also need to be able to tell a bubble from a healthy, sustainable fundamental.

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Explores the dynamic interplay between digital technology and traditional business models, providing insights into how digitalization is reshaping industries, markets, and value creation
Examines how digitalization impacts the regulatory landscape, highlighting the complex relationship between innovation and governance in the digital age
Analyzes the valuation of digital assets and intangible products, exploring the unique challenges and considerations involved in assessing the value of digital innovations
Taught by experienced professionals with extensive knowledge and insights in digital transformation, retail, and the sharing economy
Relevant for professionals, entrepreneurs, and students seeking to understand and navigate digital transformation in various industries, particularly retail and the sharing economy

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Reviews summary

Well-designed digital business course

According to students, this fantastic course interactively explores the ins and outs of digital business. Learners say it is insightful and well-suited for aspiring business entrepreneurs who use digital media.
The course is engaging and dynamic.
"The course is fantastic dynamic and interactive"
"The interactiveness of the course material makes learning more fun."
"I enjoyed the interactive activities."
Some of the course content is outdated.
"Contents poorer than the first course in Digital Business, bugs on the quizzes, outdated links to external pages (often secured i.e. not accessible)."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Digital business - Grow on digital world with these activities:
Network with Professionals in Digital Innovation
Build connections with experts and professionals in the field of digital innovation.
Browse courses on Digital Innovation
Show steps
  • Identify relevant networking events
  • Attend events, introduce yourself, and exchange contact information
  • Follow up with connections and explore potential collaborations
Review foundational concepts in digital marketing
Revisiting foundational concepts in digital marketing will provide a solid foundation for your course learning.
Show steps
  • Review textbooks or online resources
  • Take practice quizzes or tests
  • Attend introductory webinars or workshops
Attend a Digital Regulation Workshop
Gain exposure to experts and industry leaders and engage in discussions on the latest developments in digital regulation.
Show steps
  • Research and identify relevant workshops
  • Attend the workshop, take notes, and actively participate in discussions
  • Follow up with speakers and attendees to expand your network
Ten other activities
Expand to see all activities and additional details
Show all 13 activities
Review 'New Business Models'
Gain insights into how digital technologies are disrupting traditional business models and creating new opportunities for innovation and value creation.
Show steps
  • Read Chapter 1: The Evolution of Business Models
  • Summarize the key concepts of the chapter, focusing on the impact of digital technology on business models
  • Identify examples of successful digital business models and analyze their innovative features
Explore digital marketing case studies
Conducting in-depth analysis of real-world digital marketing campaigns will enhance your understanding of industry best practices.
Browse courses on Digital Marketing
Show steps
  • Identify a specific industry or sector
  • Research and select successful digital marketing campaigns
  • Analyze the strategies, tactics, and results
  • Document key insights and lessons learned
Solve digital marketing analytics exercises
Regularly working through practical exercises will build your proficiency in interpreting and analyzing digital marketing data.
Show steps
  • Collect a dataset or use a provided one
  • Formulate research questions
  • Apply appropriate data analysis techniques
  • Interpret the results and draw conclusions
Create a Digital Business Model Canvas
Develop your own digital business model by applying the concepts and tools introduced in the course.
Browse courses on Business Model Canvas
Show steps
  • Identify the target customer segment for your business
  • Define the value proposition and key activities
  • Develop the revenue and cost structure
  • Test and iterate on your model
Participate in digital marketing simulations
Collaborating with peers in simulated digital marketing environments allows you to test your strategies and learn from others.
Browse courses on Collaboration
Show steps
  • Form teams and define roles
  • Develop and execute marketing campaigns
  • Monitor and analyze results
  • Present and defend your strategies
Explore Digital Regulation Case Studies
Analyze real-world examples of how digital regulation has impacted innovation and industry growth.
Browse courses on Legal Considerations
Show steps
  • Review case studies on topics such as net neutrality, data privacy, and antitrust laws
  • Identify the key regulatory challenges faced by digital businesses
  • Discuss the role of regulation in fostering innovation and protecting consumer interests
Create a digital marketing plan for a hypothetical product or service
Developing a comprehensive digital marketing plan will allow you to apply course concepts and gain hands-on experience.
Browse courses on Digital Marketing Plan
Show steps
  • Define your target audience and objectives
  • Conduct market research and competitive analysis
  • Develop a content and distribution strategy
  • Establish key performance indicators (KPIs)
  • Create a detailed budget and timeline
Develop a Regulatory Compliance Plan
Apply your knowledge of digital regulation to develop a plan for ensuring compliance within a specific organization.
Browse courses on Regulatory Compliance
Show steps
  • Identify applicable laws and regulations
  • Develop policies and procedures for compliance
  • Implement and monitor the compliance plan
Discuss the Value of Digital Innovation
Engage with peers and share insights on the challenges and opportunities associated with the immaterial value of digital products and services.
Show steps
  • Prepare talking points on the different forms of value created by digital innovation
  • Participate in a group discussion, sharing perspectives and engaging in critical analysis
Create a Case Study on Digital Regulation
Conduct in-depth research and analysis to explore the impact of digital regulation on a specific industry or market.
Browse courses on Case Studies
Show steps
  • Choose a specific industry or market to focus on
  • Research and gather data on the relevant regulatory framework
  • Analyze the impact of regulation on innovation, competition, and consumer protection
  • Draw conclusions and recommendations based on your findings

Career center

Learners who complete Digital business - Grow on digital world will develop knowledge and skills that may be useful to these careers:
Product Manager
Product managers are responsible for defining the product vision, roadmap, and strategy. They work closely with engineering, design, and marketing teams to bring new products to market and ensure that they meet the needs of customers. The course "Digital Business - Grow on digital world" can be useful for product managers as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as new business models, regulation, and the measurement and evaluation of digital innovation.
Marketing Manager
Marketing managers are responsible for developing and executing marketing campaigns that promote products and services. They work with sales teams to generate leads and drive revenue. The course "Digital Business - Grow on digital world" may be useful for marketing managers as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as digital marketing, social media marketing, and search engine optimization.
Data Scientist
Data scientists use data to solve business problems. They work with data to identify patterns, trends, and insights that can help businesses make better decisions. The course "Digital Business - Grow on digital world" may be useful for data scientists as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as data mining, machine learning, and artificial intelligence.
Business Analyst
Business analysts gather and analyze data to help businesses make better decisions. They work with stakeholders to identify problems, develop solutions, and implement change. The course "Digital Business - Grow on digital world" may be useful for business analysts as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as data analysis, data visualization, and business process improvement.
Software Engineer
Software engineers design, develop, and maintain software applications. They work with users to gather requirements, design solutions, and implement code. The course "Digital Business - Grow on digital world" may be useful for software engineers as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as software development, agile methodologies, and cloud computing.
Web Developer
Web developers design and develop websites and web applications. They work with designers to create the look and feel of a website and with programmers to implement the functionality. The course "Digital Business - Grow on digital world" may be useful for web developers as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as web design, front-end development, and back-end development.
Social Media Manager
Social media managers develop and execute social media strategies. They work with marketing teams to create and publish content, manage social media accounts, and engage with customers. The course "Digital Business - Grow on digital world" may be useful for social media managers as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as social media marketing, content marketing, and community management.
E-commerce Manager
E-commerce managers are responsible for the planning, implementation, and management of e-commerce operations. They work with cross-functional teams to develop and implement e-commerce strategies, manage websites and online stores, and optimize the customer experience. The course "Digital Business - Grow on digital world" may be useful for e-commerce managers as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as e-commerce strategy, website design, and online marketing.
Digital Marketing Specialist
Digital marketing specialists plan and execute digital marketing campaigns. They work with marketing teams to develop and implement strategies that reach target audiences and drive results. The course "Digital Business - Grow on digital world" may be useful for digital marketing specialists as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as digital advertising, social media marketing, and search engine optimization.
Innovation Manager
Innovation managers are responsible for leading and managing innovation within organizations. They work with cross-functional teams to identify new opportunities, develop new products and services, and drive innovation. The course "Digital Business - Grow on digital world" may be useful for innovation managers as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as innovation strategy, design thinking, and agile methodologies.
Digital Strategist
Digital strategists develop and execute digital strategies for organizations. They work with clients to identify opportunities, develop solutions, and implement change. The course "Digital Business - Grow on digital world" may be useful for digital strategists as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as digital strategy, digital marketing, and digital transformation.
Data Analytics Manager
Data analytics managers are responsible for leading and managing data analytics within organizations. They work with cross-functional teams to identify data needs, develop data analytics strategies, and ensure that the organization is using data to its full potential. The course "Digital Business - Grow on digital world" may be useful for data analytics managers as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as data analytics strategy, data mining, and machine learning.
Chief Digital Officer
Chief digital officers are responsible for leading and managing the digital transformation of organizations. They work with senior management to develop and implement digital strategies, oversee digital initiatives, and ensure that the organization is adapting to the changing digital landscape. The course "Digital Business - Grow on digital world" may be useful for chief digital officers as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as digital transformation, digital leadership, and innovation.
Management Consultant
Management consultants advise businesses on how to improve their operations and performance. They work with clients to identify problems, develop solutions, and implement change. The course "Digital Business - Grow on digital world" may be useful for management consultants as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as digital regulation and the challenges and opportunities of digital transformation.
Technology Manager
Technology managers are responsible for the planning, implementation, and management of technology within organizations. They work with cross-functional teams to develop and implement technology strategies, manage technology infrastructure, and ensure that the organization is using technology to its full potential. The course "Digital Business - Grow on digital world" may be useful for technology managers as it provides an overview of the digital landscape and the key trends that are shaping the digital economy. The course also covers topics such as technology strategy, cloud computing, and cybersecurity.

Reading list

We've selected 14 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Digital business - Grow on digital world.
Classic work on innovation. It explains why large companies often fail to innovate, and how they can overcome this challenge. It must-read for anyone who wants to understand how to drive innovation in the digital age.
Explains how platform businesses are transforming the economy. It provides a framework for understanding how platforms work, and how to develop and launch successful platform businesses.
Provides a blueprint for building exponential organizations. It explains how to create organizations that are ten times better, faster, and cheaper than traditional organizations.
Provides a practical guide to building successful startups. It explains how to use the lean startup method to validate your ideas, build a minimum viable product, and get your business off the ground.
Provides insights into how to build successful startups. It explains how to find a unique idea, create a monopoly, and build a lasting business.
Explains how to market and sell technology products to mainstream customers. It provides a framework for understanding the different stages of the technology adoption lifecycle.
Provides a practical guide to getting customers for your startup. It covers topics such as marketing, sales, and customer service.
Explains the difference between good and bad strategy. It provides a framework for developing a good strategy that will help you achieve your goals.
Provides a set of principles that Ray Dalio has used to build Bridgewater Associates into one of the most successful hedge funds in the world. These principles can be applied to any area of life or business.

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