Organizational response to a major crisis: Why business model innovation helps

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. 10; 10; 10; 10; 10; 10; 10;

Findings

Surviving a global crisis often depends on a firm’s ability to become more flexible. This can be achieved by adapting current business models to enable more innovative approaches to cost control, investment and revenue generation during the crisis period and beyond.

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.

Citation

(2022), "Organizational response to a major crisis: Why business model innovation helps", Strategic Direction, Vol. 38 No. 2, pp. 12-14. https://doi.org/10.1108/SD-12-2021-0156