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exchanges between two or more user groups (Täuscher and Laudien 2018). As
such,Uber isdifferent fromtraditionalmanufacturingbusinesses that focusonwork
withanetworkof suppliers. Instead,Ubermediates interactionsbetweenpartiesand
can conduct business at a lower cost,whichhas affected traditional taxi businesses.
As a highly successful platform-centric business,Uber nowhas 103million active
users, 3.9million drivers worldwide and more than 20,000 employees (Smith
2020). It operates in more than 700 cities across 65 countries and completes 17
million trips every day (Smith 2020). Theplatform thatUber has created has had a
significant impact on jobs. Twenty thousand jobs are created everymonth through
Uber, and thousands of entrepreneurs are using it to build their small businesses
(Kasselman2014). This showshowwellUber discovered, evaluated and exploited
the opportunities.
2.4 Practical Guide for Adopting theDigital Entrepreneurial
Mindset
The developments in the area of data-driven, cloud-enabled, and platform-centric
activities give rise to the question of how businesses can become digital. Table 1
provides a list of steps that entrepreneurs can use to develop a DEM for their
business. It clarifies which sections of a company are key to any such transfor-
mationanddescribes thenecessaryactions toachieve this. It alsooffersexamplesof
companies that have been through the process of digital transformation and have
adopted aDEM.
By executing the suggested steps, entrepreneurs and all employees are likely to
be better prepared for exploiting the opportunities arising from digital transfor-
mation and to bemore able to adopt a digital culture whereDEMs can flourish.
Table 1 Practical guide for adopting a digital entrepreneurial mindset
Dimension Action/steps Practicalities/example
Harnessing
technology Make use ofmobile technologies to
make data and insights accessible to
employees to help themmake the
right decisions Procter andGamble’s Decision
Cockpits provide a real-time screen
enabling all employees to check the
current state of its business and
relevant trends. As a result, its
employees arewell informed and
can take part in the decision-making
process at any time
Interconnectedness Adapt to the scale of output and
accelerate every form of interaction
and action. Grasp the impact of
interconnectedness Boeing created an Intranet that
enables employees to be easily
connected and to receive company
news quickly. In this way,
employees aremoreflexible andcan
easily share their work remotely
with colleagues around the globe,
thus improving collaboration
(continued)
Developing aDigital EntrepreneurialMindset for Data-Driven… 13
Digital Entrepreneurship
Impact on Business and Society
- Titel
- Digital Entrepreneurship
- Untertitel
- Impact on Business and Society
- Autoren
- Mariusz Soltanifar
- Mathew Hughes
- Lutz Göcke
- Verlag
- Springer Verlag
- Ort
- Cham
- Datum
- 2021
- Sprache
- englisch
- Lizenz
- CC BY 4.0
- ISBN
- 978-3-030-53914-6
- Abmessungen
- 16.0 x 24.0 cm
- Seiten
- 340
- Schlagwörter
- Entrepreneurship, IT in Business, Innovation/Technology Management, Business and Management, Open Access, Digital transformation and entrepreneurship, ICT based business models
- Kategorie
- International