Liechtenstein Information Systems Seminar: Capital Creation Systems and Digitization

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Prof. Dr. Richard (Rick) Thomas Watson


Wednesday, October 26th 2016, 14.30 - 16.00
University of Liechtenstein, S3


Prof. Dr. Richard (Rick) Thomas Watson
J. Rex Fuqua Distinguished Chair for Internet Strategy
Department of MIS, University of Georgia's Terry College of Business, USA

Many businesses realize that they need to undergo a digital transformation, but there is no guiding framework to help strategic thinkers identify what and why to digitize. This presentation is based on the premise that an organization is a capital conversion system. Capital is created by a series of conversion mechanisms that transform capital from one form to another or enhance its value. Thus, digital transformation is essentially about understanding how and why to digitize capital to raise an organization's capital conversion ratio. The digitization of the six major types of capital, and three major types of capital conversion are discussed. Questions for research and practice are identified. The presenter first spoke on this topic for his keynote address at the MIT conference for Chief Data Officers in 2014.

The participation is free of charge.


Prof. Dr. Stefan Seidel


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