Month 3: Digital Economy and Business Models

Month 3: Digital Economy and Business Models

The digital economy has revolutionized the way business is conducted. In this month, you will study the characteristics of the digital economy and explore various digital business models. You will understand how organizations can leverage digital technologies to create value and develop sustainable business models.

Week 1: “Diving into the Digital Economy”

Day 1 – Introduction to the month’s theme and an overview of the digital economy.
Day 2 – Investigation of the characteristics of the digital economy.
Day 3 – Evaluation of how the digital economy has changed business operations globally.
Day 4 – Understanding the role of digital technologies in the growth of the digital economy.
Day 5 – Analysis of the impact of the digital economy on society and traditional business practices.

Week 2: “Digital Business Models: The Building Blocks”

Day 1 – Introduction to digital business models.
Day 2 – Examination of various types of digital business models.
Day 3 – Evaluation of the benefits and challenges associated with different digital business models.
Day 4 – Understanding the role of innovation and technology in shaping digital business models.
Day 5 – Investigation of real-world examples of successful digital business models.

Week 3: “Creating Value in the Digital Economy”

Day 1 – Understanding how organizations create value in the digital economy.
Day 2 – Exploration of the concept of digital value creation and its significance.
Day 3 – Analysis of the role of digital technologies in value creation.
Day 4 – Evaluation of how digital business models contribute to value creation.
Day 5 – Examination of strategies for sustainable value creation in the digital economy.

Week 4: “Digital Business Models in Practice”

Day 1 – Review of key principles in designing digital business models.
Day 2 – In-depth study of how digital business models can drive organizational growth.
Day 3 – Understanding the impact of digital business models on organizational structure and culture.
Day 4 – Future trends in digital business models and their potential impacts.
Day 5 – Recap of the month’s study and preview of what to expect in the next month.