Bridging the gap between potential and innovation: Business Model Innovation holds the key but can fall short
Abstract
Purpose
This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.
Design/methodology/approach
This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.
Findings
Solid business model innovation (BMI) is one of the ways through which – especially where new ideas and technologies are concerned – companies can find ways towards commercialization via capturing value. The main barriers would appear to be lack of awareness, search, system, logic and culture. There are blind spots in every organization, such as having too narrow a focus, and this article provides insights into the ways by which business model innovation can be made to work.
Practical implications
The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations.
Originality/value
The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.
Keywords
Citation
(2016), "Bridging the gap between potential and innovation: Business Model Innovation holds the key but can fall short", Strategic Direction, Vol. 32 No. 3, pp. 4-6. https://doi.org/10.1108/SD-12-2015-0183
Publisher
:Emerald Group Publishing Limited
Copyright © 2016, Emerald Group Publishing Limited