The Strategic Management of Technology-Enabled Capabilities : A Dynamic Capabilities Approach to Strategically Aligned Value Creation in a Fourth Industrial Revolution Context

The increasingly complex and dynamic technology and business environments of the Fourth Industrial Revolution require dynamic capabilities to enable effective value creation and support the continued existence of organisations. Dynamic capabilities, as defined from a system perspective, function to enable strategic alignment, which is a key challenge in technology-enabled value creation efforts. A model was proposed to conceptualise the strategic management of technology-enabled capabilities, by linking a generic value creation system hierarchy to strategic alignment and the enabling dynamic capabilities perspective on technology-driven value creation. Through a deductive research approach that built on developed theory, the model was tested by testing operational hypotheses through quantitative analyses and finding correlations between the defined dynamic capabilities approach to strategic alignment and more effective value creation capacities within large organisations.