Avoiding digitalization traps: Tools for top managers

Phillip C. Nell, Nicolai J. Foss, Peter G. Klein, Jan Schmitt

Publication: Scientific journalJournal articlepeer-review


Digital transformation is fundamentally changing the business landscape. It is also affecting the roles of top managers within firms. Our survey of more than 160 senior managers in Europe suggests that digitalization, rather than encouraging more decentralized forms of management, will lead to an expanded role for headquarters and further empowerment of top managers. While acknowledging the benefits of the digital transformation, in this Executive Digest we identify five key challenges for newly empowered top managers and offer solutions for these digitalization traps.
Original languageEnglish
Pages (from-to)163 - 169
JournalBusiness Horizons
Issue number2
Publication statusPublished - 2021

Austrian Classification of Fields of Science and Technology (ÖFOS)

  • 502052 Business administration
  • 506009 Organisation theory
  • 502044 Business management

Cite this