Study goals
To examine how Digital Transformation (DT) reconfigures the Value Cycle in services, identifying critical points of value creation and destruction in digital projects, and to propose an expanded DT concept integrating dynamic capabilities and value-oriented governance.
Relevance / originality
Frames DT as a contextual, multilevel, multidimensional condition that alters the Value Cycle; explicitly incorporates value destruction; and integrates Service-Dominant Logic, dynamic capabilities, and Project Management to explain paradoxes where gains and losses coexist within the same cycle.
Methodology / approach
Integrative literature review with structured searches, inclusion/exclusion criteria, and thematic analysis. We mapped definitions and built a conceptual matrix to derive a processual Value Cycle framework (proposition, communication, delivery, perception, creation/destruction, capture) applied to DT.
Main results
Key deliverables: expanded DT concept; processual Value Cycle model including creation/destruction; table of stage-specific critical points; matrix of definitions and coverage; research propositions and agenda; and value-oriented managerial guidelines.
Theoretical / methodological contributions
Offers a process lens linking DT and value, incorporating destruction into the cycle and repositioning projects as arenas for value orchestration. Consolidates typologies via a conceptual matrix and suggests indicators and decision gates for operationalization and testing in future studies.
Social / management contributions
Guides managers to prioritize value-oriented governance, impact-based selection of digital initiatives, continuous monitoring, and mitigation of risks (interoperability, technological dependence, privacy, user experience). Socially, it highlights trust, inclusion, and distributive assessment of digitalization’s benefits and losses.