scholarly journals Outcome-based contracts as new business model: The role of partnership and value-driven relational assets

2013 ◽  
Vol 42 (5) ◽  
pp. 730-743 ◽  
Author(s):  
Irene C.L. Ng ◽  
David Xin Ding ◽  
Nick Yip
Keyword(s):  
Business Model ◽  
New Business ◽  
Relational Assets

scholarly journals Unpacking Business Model Innovation Through an Attention-Based View

M n gement ◽  
2020 ◽  
pp. 38-60 ◽  
Author(s):  
Alexis Laszczuk ◽  
Julie C. Mayer
Keyword(s):  
Longitudinal Study ◽  
Business Model ◽  
Business Model Innovation ◽  
Ongoing Process ◽  
New Business ◽  
New Ideas ◽  
Established Firms

Attention is considered as a critical driver for business model (BM) innovation in established firms, where existing activities already absorb internal actors’ time and effort. Although previous studies acknowledge the role of attention to detect opportunities or to generate new ideas, we still need to understand how actors deal with attentional tensions inherent in the development of a new additive BM. This article addresses this issue by adopting an attention-based view of BM innovation, that is, by examining the forms of attention involved in the process of developing a new BM. Through a longitudinal study in a small consulting company, we unfold an incremental and ongoing process of new BM development. Our findings identify three attentional stages triggered by specific mechanisms that drive BM innovation, from detecting new ideas to their implementation. The attentional perspective we use in this study revises the role of a prevailing BM in the emergence of new business logics in established firms. While previous studies consider it as an impediment for BM innovation, we reveal that actors can develop new BMs by navigating between differentiation and consistency with the prevailing BM.

scholarly journals Requirements for CFO Within The Business Model

2020 ◽  
Vol 1 (14) ◽  
pp. 186-191
Author(s):  
Rosita Zvirgzdina ◽  
Helena Skadina ◽  
Alida Vane
Keyword(s):  
Business Model ◽  
Business Environment ◽  
Chief Financial Officer ◽  
Business Organization ◽  
Business Organizations ◽  
Management Capability ◽  
Market Situation ◽  
New Business ◽  
Fierce Competition

The concept “Business modeling” has become commonplace in everyday business due to the rapidly changing market situation, fierce competition and digital transformation trend that affects every business. Other player can appear unexpectedly and bring a new business model to the market, typically fueled by innovative technologies and ideas, and render everyone else obsolete. To remain successful shifting of business environment is required as well as an updated management capability not only to modernize processes, but also to select, empower and appreciate workforce. One of the key roles in any business organization plays the Chief Financial Officer (CFO) that contributes and determines the wellbeing of the business. The role has become more important because of the new technological influence and therefore is more needed by business organizations. This paper aims to formulate requirements for CFO for companies that are going to establish a new business model or to reinvent the existing one. The result of this paper forms the basis for conclusions about the role of the CFO while modelling business, contribution to the modelling success and about requirements that the CFO has to meet.

scholarly journals Global Business Challenges and the Role of Corporate Diplomacy

2021 ◽  
Author(s):  
Maria Alejandra Madi
Keyword(s):  
Business Model ◽  
Global Business ◽  
Global Management ◽  
Economic Complexity ◽  
Governance Model ◽  
Policy And Strategy ◽  
Global Trend ◽  
New Business ◽  
Business Challenges

Today, corporate diplomacy refers to a new business governance model in a challenging global order where economic complexity, uncertainty and potential sociopolitical conflicts should be considered in any successful policy and strategy. Indeed, taking into account that the practice of corporate diplomacy enhances the redistribution and reallocation of economic power and wealth, there seems to be a global trend away from the shareholder business model of value creation towards a new one where stakeholders might be considered. However, there has been a controversial understanding of this new global management trend in terms of the configuration of relevant features of market dynamics. Considering this background, and adopting the methodological perspective of case studies, this chapter elaborates an analysis (i) of the complex drivers that shape corporate diplomacy competencies and strategies and (ii) of the potential results of corporate diplomacy in a global trade scenario that has been deeply affected by the coronavirus pandemic. Among the key findings, the Brazilian experience after the outbreak of the coronavirus pandemics shows that the role of corporate diplomacy as a business tool of governance aimed to defend sectorial interests might be crucial to normalize trade flows.

scholarly journals Collection management of electronic journals in academic libraries: notes on embracing change in an unstable environment

2008 ◽  
Vol 32 (102) ◽  
pp. 57-60
Author(s):  
Glenn Steele McGuigan
Keyword(s):  
Open Source ◽  
Business Model ◽  
Scholarly Publishing ◽  
Collection Management ◽  
Electronic Journals ◽  
Research Libraries ◽  
New Business ◽  
Organizational Partnerships ◽  
Unstable Environment

As research libraries increasingly assume the role of publisher, a new business model of scholarly publishing is emerging. Through inter- and intra-organizational partnerships, research libraries are utilizing open source publishing applications such as DSpace to develop publishing ventures. With the availability of such tools, this trend will dramatically impact the scholarly publishing system and the management of electronic journals.

scholarly journals Knowledge Management in Value Creation Networks: Establishing a New Business Model through the Role of a Knowledge-Intermediary

Procedia CIRP ◽  
2014 ◽  
Vol 16 ◽  
pp. 38-43 ◽  
Author(s):  
P. Krenz ◽  
S. Basmer ◽  
S. Buxbaum-Conradi ◽  
T. Redlich ◽  
J.-P. Wulfsberg
Keyword(s):  
Knowledge Management ◽  
Business Model ◽  
Value Creation ◽  
New Business

scholarly journals New business model of integration practices between TQM and SCM: the role of innovation capabilities

2019 ◽  
Vol 17 (1) ◽  
pp. 278-288
Author(s):  
Hana Arrfou
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Quality Management ◽  
Total Quality Management ◽  
Business Model ◽  
Total Quality ◽  
Chain Management ◽  
New Business ◽  
The Cost

The concept of “total quality management (TQM)” is broadly used in business. Regardless of the fact that several studies have analyzed this topic, little research has been conducted on integrating total quality management and supply chain management (SCM) practices in business organizations. The role of innovation capabilities is considered to be highly valuable, because they are considered feasible approaches, which can be applied by top management to enhance organizational effectiveness and productivity. This study aims to develop a new business model that integrates the most important practices between total quality management and supply chain management, while emphasizing the role of innovation capabilities. This paper also suggests possibilities toward a new approach with regard to minimizing the cost and improving operational performance. Furthermore, it proposes a conceptual framework that shows the major variables in explaining the new business model of integration practices between TQM and SCM, and addressing the role of innovation capabilities to handle this model.

Hospitality as differentiated services in Brazilian private hospitals

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Christiano Quinan ◽  
Bento Alves Costa Filho
Keyword(s):  
Business Model ◽  
Healthcare Management ◽  
Private Hospitals ◽  
Content Type ◽  
Brand Building ◽  
New Business ◽  
Healthcare Insurance ◽  
Business Approach ◽  
Hospital Board

PurposeThe objective of this study is to assess the role of differentiated hospitality services considering the perspective of Brazilian accredited private hospitals.Design/methodology/approachIn-depth interviews were applied to 10 hospitals top management executives (C-Suite level) having as support unstructured data collection routine exploring the issues: main client of the hospital, differentiated hospitality services (DS), hospital board expectation about DS, brand building, service charging policies and nonfinancial results.FindingsResults indicate the interviewed institutions are adopting gradually a new business model in healthcare, in which an empowered patient and his/her needs and satisfaction is gaining relevance. This new conception having hospitality services as a base is transforming a former medical focused sector into a competitive business-oriented approach.Research limitations/implicationsThe nonprobabilistic nature of the sample does not permit statistical inference of results to the population; they are valid only for healthcare management exploratory insights.Practical implicationsComing from the hotel sector, hospitality amenities are turning into strategic instrument and provoking competition in a segment of hospitals targeting upper-middle-class clients, able to afford higher healthcare insurance premiums.Social implicationsIn the new business approach, the patient that in recent past was passive is increasingly getting attention and bargaining power.Originality/valueThe main contribution is centered on the comprehension of an international dynamic in Brazil of a new business model that is changing a traditional sector, once focused in medicine and healing into a market-oriented business.

Business Model Literature Overview

2014 ◽  
pp. 79-130 ◽  
Author(s):  
Ales Novak
Keyword(s):  
Business Model ◽  
Financial Reporting ◽  
Business Models ◽  
Potential Role ◽  
Financial Instruments ◽  
Business Logic ◽  
Literature Overview ◽  
Ifrs 9 ◽  
Definition Of

The term ?business model' has recently attracted increased attention in the context of financial reporting and was formally introduced into the IFRS literature when IFRS 9 Financial Instruments was published in November 2009. However, IFRS 9 did not fully define the term ‘business model'. Furthermore, the literature on business models is quite diverse. It has been conducted in largely isolated fashion; therefore, no generally accepted definition of ?business model' has emerged. Therefore, a better understanding of the notion itself should be developed before further investigating its potential role within financial reporting. The aim of this paper is to highlight some of the perceived key themes and to identify other bases for grouping/organizing the literature based on business models. The contributions this paper makes to the literature are twofold: first, it complements previous review papers on business models; second, it contains a clear position on the distinction between the notions of the business model and strategy, which many authors identify as a key element in better explaining and communicating the notion of the business model. In this author's opinion, the term ‘strategy' is a dynamic and forward-looking notion, a sort of directional roadmap for future courses of action, whereas, ‘business model' is a more static notion, reflecting the conceptualisation of the company's underlying core business logic. The conclusion contains the author's thoughts on the role of the business model in financial reporting.

A Digital Economy Model for Talent Prediction Data Analytic

2019 ◽  
Vol 2 (4) ◽  
pp. 260-266
Author(s):  
Haru Purnomo Ipung ◽  
Amin Soetomo
Keyword(s):  
Business Model ◽  
Industrial Revolution ◽  
Technology Innovation ◽  
Cost Effective ◽  
Sharing Economy ◽  
Token Economy ◽  
Economy Model ◽  
New Business ◽  
The Cost ◽  
Data Analytic

This research proposed a model to assist the design of the associated data architecture and data analytic to support talent forecast in the current accelerating changes in economy, industry and business change due to the accelerating pace of technological change. The emerging and re-emerging economy model were available, such as Industrial revolution 4.0, platform economy, sharing economy and token economy. Those were driven by new business model and technology innovation. An increase capability of technology to automate more jobs will cause a shift in talent pool and workforce. New business model emerge as the availabilityand the cost effective emerging technology, and as a result of emerging or re-emerging economic models. Both, new business model and technology innovation, create new jobs and works that have not been existed decades ago. The future workers will be faced by jobs that may not exist today. A dynamics model of inter-correlation of economy, industry, business model and talent forecast were proposed. A collection of literature review were conducted to initially validate the model.

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