Download or read book Business Models A Strategic Management Approach written by Allan Afuah and published by McGraw-Hill/Irwin. This book was released on 2003-08-22 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business Models: A Strategic Management Approach by Allan Afuah represents a new kind of book. Business models are about making money and most firms are in business to make money (a profit). It is therefore no surprise that the phrase "business model" is increasingly finding its way into CEO speech after speech and in business school functional areas from accounting to finance to marketing to strategy. Because strategic management is inherently integrative in nature and increasingly more focused on firm performance, strategy textbooks have come closest to addressing the subject of business models, but only implicitly and partially so. Business Models: A Strategic Management Approach draws on the latest research in strategic management to explicitly and fully explore business models. It draws on the latest research on to explore which activities a firm performs, how it performs them, and when it performs them to make a profit. It offers an integrated framework for understanding the relationship between the set of activities that a firm chooses to perform, its revenue model, its cost structure, its resources and capabilities, the competitive forces in the firm's industry, and its ability to sustain a competitive advantage even in the face of change. It provides the link between resources, product-market positions and profits―how resources and product-market positions are translated into profits. (Existing strategy texts demonstrate correlation between resources or product-market positions and profits, not their translation into profits). Additionally, it explores the relationship between business models and corporate social responsibility as well as the international component to business models. It offers a definition of business models that is deeply rooted in the resource-based and product-market theories of strategy.
Download or read book Business Models and Strategic Management written by Francine Newth and published by Business Expert Press. This book was released on 2012-12-11 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finally, a book comes along that provides a unique yet simple and powerful approach to understand the business model and the critical role strategic management has in supporting it. Its value is in business model thinking. It brings you a combination of the best contributions of academe and industry that will help build business model-centric organizations. Inside, you’ll learn about strategy from a business model perspective. What does that mean? It means that you’ll first have to think rigorously about your value proposition; your current or future competencies; and your revenue streams and cost structure before developing, adopting, or modifying your strategies. What is the difference between a business model and a strategy? A business model is how a company operates, and a strategy is how a company competes. When the basis of competition changes because a new model disrupts the economics in the industry, it requires an adjustment in business models before any new strategy can work. This book adds a business model level to the traditional strategic management process that is more consistent with current “real-world” practices in strategic thinking and analysis. It takes you deeper into the intricacies of what constitutes a business model and how current strategy derives from it, and offers 7 modules that will show you the key components to manage your business model, to help conduct business model analysis, and to assess the financial viability of a business model, just to name a few.
Download or read book Business Model Management written by Bernd W. Wirtz and published by Springer Nature. This book was released on 2020-09-30 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: “How are business models purposeful designed and structured? How can the models be implemented professionally and managed successfully and sustainably? In what ways can existing business models be adapted to the constantly changing conditions? In this clearly structured reference work, Bernd W. Wirtz gives an answer to all these issues and provides the reader with helpful guidance. Although, ‘Business Model Management’ is first and foremost a scientific reference book, which comprehensively addresses the theory of business models, with his book Bernd W. Wirtz also turns to practitioners. Not least, the many clearly analyzed case studies of companies in different industries contribute to this practical relevance. My conclusion: ‘Business Model Management’ is an informative and worthwhile read, both for students of business administration as a textbook as well as for experienced strategists and decision makers in the company as a fact-rich, practical compendium.” Matthias Müller, Chief Executive Officer Porsche AG (2010-2015), Chief Executive Officer (2015-2018) Volkswagen AG “In dynamic and complex markets a well thought out business model can be a critical factor for the success of a company. Bernd Wirtz vividly conveys how business models can be employed for strategic competition and success analysis. He structures and explains the major theoretical approaches in the literature and practical solutions in an easy and understandable way. Numerous examples from business practice highlight the importance of business models in the context of strategic management. The book has the potential to become a benchmark on the topic business models in the German-speaking world.” Hermann-Josef Lamberti, Member of the Board Deutsche Bank AG 1999-2012/ Member of the Board of Directors, Airbus Group “The business environment has become increasingly complex. Due to changing conditions, the executive board of a company is confronted with growing challenges and increasing uncertainty. Thus, a holistic understanding of the corporate production and performance systems is becoming more and more important. At this point, Bernd W. Wirtz introduces and presents the concept of the structured discussion of the own business model. Business models present operational service processes in aggregated form. This holistic approach channels the attention of management, supports a sound understanding of relationships and facilitates the adaption of the business to changing conditions. The management of business models is thus an integrated management concept. Through the conceptual presentation of complex issues the author makes a valuable contribution to the current literature. In particular, the referenced case studies from various industries make the book clear and very applicable to practice.” Dr. Lothar Steinebach, Member of the Board, Henkel AG 2007-2012/ Supervisory Board, ThyssenKrupp AG
Download or read book Business Models written by Adam Jablonski and published by Nova Science Publishers. This book was released on 2017 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Editor Biography: Adam Jab'o'ski is an associate professor in The Department of Management at the University of D'browa G�rnicza. He is also Vice-President of the Board of a reputable management consulting company "OTTIMA plus" Ltd. of Katowice, and President of the "Southern Railway Cluster" Association of Katowice, which supports development in railway transport and the transfer of innovation, as well as cooperation with European railway clusters (as a member of the European Railway Clusters Initiative). He holds a postdoctoral degree in Economic Sciences, specializing in Management Science. Having worked as a management consultant since 1997, he has broadened his experience and expertise through co-operation with a number of leading companies in Poland and abroad. He is the author of a variety of studies and business analyses on business models, value management, risk management, the balanced scorecard and corporate social responsibility. He has also written and co-written several monographs and over 100 scientific articles in the field of management, published both in Poland and abroad. Adam's academic interests focus on the issues of modern and efficient business model design, including Sustainable Business Models and the principles of company value building strategy that includes the rules of Corporate Social Responsibility. Book Description: The dynamics of market changes determine new perspectives both in the theory and practice of management science. The mechanisms of doing business aimed at achieving a high level of company performance are changing. This requires adequate instruments based on the solid pillars of strategic management. Undoubtedly, the key ontological beings which determine the success of an organization are effective and efficient business models, strategies and business processes. A kind of strategic hybrid emerges that shapes the principles of doing business subject to pressure, constraints and emerging opportunities. In this approach, companies implement strategies for growth and development not only to survive, but also to achieve a strong and competitive advantage. Value creation is another area of developing management science and practices, defining key factors underlying the conceptualization and operationalization of business models, strategies and business processes. The above mentioned concepts are nowadays widely discussed, creating a new dimension of strategic management. This monograph consists of chapters focused on both theoretical and practical conditions of modern companies, specifically focused on building effective and efficient business models and strategies. This monograph primarily refers to new research perspectives which determine the new challenges of strategic management. The aim of the monograph is to present views and approaches to strategic management determined by the development and growth of companies through building their business models and strategies. The issues addressed in this book are: -determining key trends in the theory and practice of management science -defining key ontological beings and their use in the dynamic management of modern companies -presenting the new dimensions of strategic management as seen through the eyes of the international authors of individual chapters -the possibility of applying solutions to problems addressed in this monograph The editor and authors hope that the presented combination of theory and practice will satisfy the needs of readers, in particular managers of modern companies, business consultants and researchers.
Download or read book Business Models written by Adam Jablonski and published by Nova Science Publishers. This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dynamics of market changes determine new perspectives both in the theory and practice of management science. The mechanisms of doing business aimed at achieving a high level of company performance are changing. This requires adequate instruments based on the solid pillars of strategic management. Undoubtedly, the key ontological beings which determine the success of an organisation are effective and efficient business models, strategies and business processes. A kind of strategic hybrid emerges that shapes the principles of doing business subject to pressure, constraints and emerging opportunities. In this approach, companies implement strategies for growth and development not only to survive, but also to achieve a strong and competitive advantage. Value creation is another area of developing management science and practices, defining key factors underlying the conceptualisation and operationalisation of business models, strategies and business processes. The above mentioned concepts are nowadays widely discussed, creating a new dimension of strategic management. This monograph consists of chapters focused on both theoretical and practical conditions of modern companies, specifically focused on building effective and efficient business models and strategies. This monograph primarily refers to new research perspectives which determine the new challenges of strategic management. The aim of the monograph is to present views and approaches to strategic management determined by the development and growth of companies through building their business models and strategies. The issues addressed in this book are: determining key trends in the theory and practice of management science; defining key ontological beings and their use in the dynamic management of modern companies; presenting the new dimensions of strategic management as seen through the eyes of the international authors of individual chapters; the possibility of applying solutions to problems addressed in this monograph. The editor and authors hope that the presented combination of theory and practice will satisfy the needs of readers, in particular managers of modern companies, business consultants and researchers.
Download or read book Business Models and Modelling written by Charles Baden-Fuller and published by Emerald Group Publishing. This book was released on 2015-11-09 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume leading scholars from North America, Europe and Asia come together to explore the topic of business models that takes the demand side (customers and their engagement) seriously. The first part deals with the model dimension of business models. The second part deals with business models and change.
Download or read book Strategic Management in the Innovation Economy written by Thomas H. Davenport and published by John Wiley & Sons. This book was released on 2007-06-27 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovative ruptures of traditional boundaries in value chains are requiring companies to rethink how they go to market, what they need to own, what they need to retain and innovate as core competencies, and how they innovatively deal with suppliers and customers. The key message of the book is that the new knowledge-networked innovation economy requires a totally different strategic management mindset, approach and toolbox, and its major value-added is a new strategic management approach and toolbox for the innovation economy - a poised strategy approach. Designed for both managers and advanced business students, the book provides a unique combination of new management theory, selected managerial articles by prominent scholars such as Clayton Christensen, Henry Chesbrough, Sumantra Ghoshal, Quinn Mills, and Peter Senge, and a wide array of real-world case examples including GE, Shell, IBM, HP, BRL Hardy, P&G, Southwest Airlines and McGraw-Hill, within the dynamics of industries such as airlines, energy, telecommunications, wine & beverages, and computing. The authors illustrate powerful new strategic innovation concepts and tools, such as poised strategy for managing multiple business models, poised strategy scorecards (moving beyond the well-known balanced scorecard), the wheel of business model reinvention, and organizational rejuvenation methods. The book includes the concepts of: Poised Strategic Management, Organizational Rejuvenation, Business Models as Platform for Strategy, Poised Scorecards, Identifying Sources of Innovation in Business Ecosystems.
Download or read book Business Model Generation written by Alexander Osterwalder and published by John Wiley & Sons. This book was released on 2013-02-01 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business Model Generation is a handbook for visionaries, game changers, and challengers striving to defy outmoded business models and design tomorrow's enterprises. If your organization needs to adapt to harsh new realities, but you don't yet have a strategy that will get you out in front of your competitors, you need Business Model Generation. Co-created by 470 "Business Model Canvas" practitioners from 45 countries, the book features a beautiful, highly visual, 4-color design that takes powerful strategic ideas and tools, and makes them easy to implement in your organization. It explains the most common Business Model patterns, based on concepts from leading business thinkers, and helps you reinterpret them for your own context. You will learn how to systematically understand, design, and implement a game-changing business model--or analyze and renovate an old one. Along the way, you'll understand at a much deeper level your customers, distribution channels, partners, revenue streams, costs, and your core value proposition. Business Model Generation features practical innovation techniques used today by leading consultants and companies worldwide, including 3M, Ericsson, Capgemini, Deloitte, and others. Designed for doers, it is for those ready to abandon outmoded thinking and embrace new models of value creation: for executives, consultants, entrepreneurs, and leaders of all organizations. If you're ready to change the rules, you belong to "the business model generation!"
Download or read book Integrated Business Model written by Oliver D. Doleski and published by Springer. This book was released on 2015-05-27 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: The St. Gallen Management Concept could be termed the DNA of the Integrated Business Model that is developed and detailed by Oliver D. Doleski. The practical St. Gallen Management Concept offers a good conceptual framework for the development of change, and increasingly dynamic change, which is now more than ever the key factor shaping business actions. The complexity arising from this very dynamism is becoming a defining characteristic of today’s markets. Traditional methods and business models can deliver less than ideal results in this difficult environment. New approaches to business development are needed. To master complexity, these approaches must fully integrate all of the many and diverse aspects and demands of normative, strategic and operational management.
Download or read book Business Model Innovation written by Allan Afuah and published by Routledge. This book was released on 2018-10-03 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rooted in strategic management research, Business Model Innovation explores the concepts, tools, and techniques that enable organizations to gain and/or maintain a competitive advantage in the face of technological innovation, globalization, and an increasingly knowledge-intensive economy. Updated with all-new cases, this second edition of the must-have for those looking to grasp the fundamentals of business model innovation, explores the novel ways in which an organization can generate, deliver, and monetize benefits to customers.
Download or read book Internet Business Models and Strategies written by Allan Afuah and published by McGraw-Hill/Irwin. This book was released on 2003 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text draws on research to develop and integrate a framework to help students understand factors that surround a firm's performance and the central role that business models play in the face of the Internet.
Download or read book Business Models written by Christian Nielsen and published by Routledge. This book was released on 2018-11-01 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growing body of research on business models draws upon a range of sub-disciplines, including strategic management, entrepreneurship, organization studies and management accounting. Business Models: A Research Overview provides a research map for business scholars, incorporating theoretical and applied perspectives. It develops the field of business model research by offering a critique of the field as it has developed to date and provides a guide for future research and theorization. The research performed as a basis for this book improves and extends prior subjective and less-documented work by using a scientific approach to identifying impactful research. The book argues that business model research is a mature field and that future research should focus on performative and ecosystem-based contributions, with the timely identification of four distinct stages of business model research. The study here provokes a new set of research questions, which are addressed in the concluding passages of Chapters 5–8, as a point of departure for those researching business models. This book is essential primary reading for scholars and practitioners of business models who are looking to seek out new knowledge and build new perspectives.
Download or read book Business Models and Strategic Management a New Integration written by Kaylin Punt and published by . This book was released on 2014-11-24 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: A business model describes the rationale of how an organization creates, delivers, and captures value, in economic, social, cultural or other contexts. The process of business model construction is part of business strategy.In theory and practice, the term business model is used for a broad range of informal and formal descriptions to represent core aspects of a business, including purpose, business process, target customers, offerings, strategies, infrastructure, organizational structures, trading practices, and operational processes and policies. The literature has provided very diverse interpretations and definitions of a business model. A systematic review and analysis of manager responses to a survey defines business models as the design of organizational structures to enact a commercial opportunity. Further extensions to this design logic emphasize the use of narrative or coherence in business model descriptions as mechanisms by which entrepreneurs create extraordinarily successful growth firms.Business models are used to describe and classify businesses, especially in an entrepreneurial setting, but they are also used by managers inside companies to explore possibilities for future development. Well-known business models can operate as "recipes" for creative managers. Business models are also referred to in some instances within the context of accounting for purposes of public reporting.Table of Contents :Author Bios 71 Network-based business models 101.1 What defines a network based business model? 111.2 Barriers and challenges 122 Value creation maps 132.1 What is the value creation process? 142.2 Why might the value creation process be difficult to discover? 152.3 What is a value creation map? 172.4 The building process: A two-step method 172.5 Refining the value creation map 212.6 Value creation maps and indicators 222.7 Pros and cons 24Strategic innovation - the context of business models and business development 263.1 Introduction: a new competitive landscape 273.2 Strategic innovation: the background 283.3 Defining strategic innovation 303.4 Defining business concepts 313.5 Discussions 394 Business model innovation 434.1 Method 444.2 Analysis 464.3 Discussion: Single vs. Multi BM Innovation 504.4 Conclusion 525 Innovative business models on NewConnect 535.1 NewConnect and other alternative markets in Europe 535.2 Information documents as a way to present business models 565.3 Sustainability of innovative business models 585.4 Sustainability of business models used by companies on NewConnect -Results of empirical research 646 Globalizing high-tech business models 726.1 Setting the Scene 726.2 Tensions at the Inception 736.3 Dyadic tensions 786.4 Conclusion 827 Business model design 837.1 Business model uncertainty 847.2 Business model design 877.3 Implications for business model practice 968 References 979 Endnotes 107Executive
Download or read book Business Model Innovation written by Nicolai J. Foss and published by . This book was released on 2015 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business model innovation is an important source of competitive advantage and corporate renewal. An increasing number of companies have to innovate their business models, not just because of competitive forces but also because of the ongoing change from product-based to service-based business models. Yet, business model innovation also involves organizational change process that challenges existing processes, structures and modes of control. This volume features thirteen chapters written by authorities on business model innovation. The specific angle, and the novel feature of this book, is to thoroughly examine the organizational dimension of business model innovation. Drawing on organizational theory and empirical observation, the contributors specifically highlight organizational design aspects of business model innovation, focusing on how reward systems, power distributions, routines and standard operating procedures, the allocation of authority, and other aspects of organizational structure and control should be designed to support the business model the firm chooses. Also discussed is how existing organizational structures, capabilities, beliefs, cultures and so on influence the firm's ability to flexibly change to new business models.
Download or read book Business Models and Strategy written by THOMAS. GIBE KALLING (JOHN.) and published by . This book was released on 2019-07-05 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: "What makes a business model successful? In this book the roots of business models are traced to the concept of the business idea which was popularized by researchers in the 1960s and 1970s. The business idea stresses the importance of conformance between the market and the product system, as well as between the product system and the internal features of the firm. A distinguishing feature of the book is how it links elements of business models to key concepts in strategic management research and practice, such as the customer offering, activity systems and strategic resources. It also uses theory and research to explore ways in which the contextual element of business models may be understood and acted upon. One chapter explores the common denominators of good strategies. For example, it is argued that good strategies enable realization of objectives, express choices, and build on strengths. Business Models and Strategy is intended as a companion in the field for reflective practitioners and as an integrative text for postgraduate students with a good grasp of strategy."
Download or read book Business Models for Strategic Innovation written by S.M. Riad Shams and published by Routledge. This book was released on 2018-05-15 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book extends our understanding of how different cross- functional business and management disciplines, such as innovation and entrepreneurship, strategic management, marketing and HRM, individually and collectively underpin innovation in business management. Business Models for Strategic Innovation develops insights from cross-disciplinary business knowledge streams and their cutting edge discipline-specific practical implications to create a cross- functional business innovation management model. Novel cross- disciplinary knowledge plays an imperative role in business innovation and we know that innovative management processes have significant implications for effective cross- functional management. In this context, each chapter of the book presents fresh insights on diverse business knowledge- streams as well as their applied implications on cross- functional business innovation management. Finally, centred on these cross- disciplinary business theories and their cutting edge implications, the last chapter of this book proposes a model of strategic cross- functional business innovation management process. This academically rigorous work uses innovative theoretical propositions and state- of- the- art empirical analysis in order to enable cross- functional management teams to support organisation- wide business innovation processes.
Download or read book Open Business Models written by Henry William Chesbrough and published by Harvard Business Press. This book was released on 2006 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a diagnostic tool for readers to assess their business model and usher it through a six-stage continuum toward openness. This book also identifies the barriers to creating open business models (such as the not invented here syndrome and the not sold here virus) and explains how to surmount them.
