Strategic design: orchestrating and leveraging market-shaping capabilities
Journal of Business & Industrial Marketing
ISSN: 0885-8624
Article publication date: 1 April 2020
Issue publication date: 1 April 2020
Abstract
Purpose
This paper aims to conceptualise the interplay of strategic design and market-shaping capabilities.
Design/methodology/approach
Drawing on the emergent scholarly discourses related to strategic design and dynamic markets, this paper merges a contemporary view of markets and market-shaping capabilities with a conceptual exploration of strategic design.
Findings
This paper proposes that the strategic design process can shape markets through orchestrating and leveraging market-shaping capabilities. Specifically, it highlights how these capabilities trigger and facilitate purposeful intent; situated and systemic understanding; and collective collaboration.
Practical implications
Furthering the notion of strategic design, this paper contributes to clarifying how to interpret and use design as a strategic practice in business management.
Originality/value
This paper identifies strategic design as an innovative approach for creating future value-creating systems or markets, and as such, it develops a process framework for market-shaping capabilities, addressing the “how” of market shaping.
Keywords
Citation
Windahl, C., Karpen, I.O. and Wright, M.R. (2020), "Strategic design: orchestrating and leveraging market-shaping capabilities", Journal of Business & Industrial Marketing, Vol. 35 No. 9, pp. 1413-1424. https://doi.org/10.1108/JBIM-03-2019-0133
Publisher
:Emerald Publishing Limited
Copyright © 2020, Emerald Publishing Limited