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Article
Publication date: 1 June 2004

Donald W. Mitchell and Carol Bruckner Coles

This paper describes how to establish a management process for continuing business model innovation, a potent way to enhance overall competitive performance. The findings are…

10575

Abstract

This paper describes how to establish a management process for continuing business model innovation, a potent way to enhance overall competitive performance. The findings are based on research about the current best practices among companies that have gained large competitive advantages in revenue and profit margin growth through continually improving and replacing their business models. Such a process requires articulating and communicating the best practices of the current business model, establishing an appropriate vision for serving stakeholders better in gaining competitive advantage through business model improvements and replacements, stimulating many relevant experiments and tests for potential business model improvements and replacements, and becoming effective in implementing the surviving new business models. Our primary research method is through statistical analysis of the most common elements of business model innovation processes used by the most effective business model innovators.

Details

Journal of Business Strategy, vol. 25 no. 3
Type: Research Article
ISSN: 0275-6668

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Article
Publication date: 1 February 2004

Donald W. Mitchell and Carol Bruckner Coles

While there are multiple breakthrough moves a company can adapt for business model innovation, leaders need to focus more on improving their skills in this area, for example by…

11128

Abstract

While there are multiple breakthrough moves a company can adapt for business model innovation, leaders need to focus more on improving their skills in this area, for example by paying more attention to innovations in other industries. The potential to add business model innovation breakthroughs in a particular company is often largely untapped, but companies that make this activity a priority will gain large, sustained advantages over competitors.

Details

Journal of Business Strategy, vol. 25 no. 1
Type: Research Article
ISSN: 0275-6668

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Article
Publication date: 1 October 2003

Donald Mitchell and Carol Coles

Discusses the idea that continuing business model innovation provides a parallel way to outperform the competition. Improving a company’s business model by redirecting its focus…

18879

Abstract

Discusses the idea that continuing business model innovation provides a parallel way to outperform the competition. Improving a company’s business model by redirecting its focus will mean that competitors will be left out of position and unable to respond effectively.

Details

Journal of Business Strategy, vol. 24 no. 5
Type: Research Article
ISSN: 0275-6668

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Available. Content available
Article
Publication date: 1 February 2004

191

Abstract

Details

Journal of Business Strategy, vol. 25 no. 1
Type: Research Article
ISSN: 0275-6668

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Article
Publication date: 1 October 2004

In most walks of life, it’s a tough old slog getting to the top. Staying there can be even more difficult. Business is no exception. Finding what may be a winning formula now is…

968

Abstract

In most walks of life, it’s a tough old slog getting to the top. Staying there can be even more difficult. Business is no exception. Finding what may be a winning formula now is no guarantee of future success. If only it were that simple. Having the right business model may hold the key to sustained growth and competitive advantage. Finding new and innovative models can help your company towards future prosperity.

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Strategic Direction, vol. 20 no. 10
Type: Research Article
ISSN: 0258-0543

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Article
Publication date: 6 June 2023

Ricardo Benjamín Perilla Maluche and Luis Antonio Orozco Castro

The purpose of this paper is to create a model that connects drivers between organizational innovation and business model innovation (BMI) to guide empirical research and the…

406

Abstract

Purpose

The purpose of this paper is to create a model that connects drivers between organizational innovation and business model innovation (BMI) to guide empirical research and the design of innovation management strategies.

Design/methodology/approach

The model was designed based on the results of a systematic literature review over the past 25 years that provides common predictor variables to build bridges between these two types of innovations.

Findings

It is a conceptual relationship between organizational innovation and BMI based on processes, new structures and customer relationship management. Moreover, there are five bridges from common predictors: strategy, top management, exploratory learning, technological innovation and environmental complexity.

Originality/value

The relationships between organizational innovation and BMI have been neglected in the literature. The model fills this gap by proposing hypotheses for empirical research and critical variables and relationships to steer organizational and business model innovation.

Details

International Journal of Innovation Science, vol. 16 no. 3
Type: Research Article
ISSN: 1757-2223

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