The Interdependence of Planning and Learning among Internal Corporate Ventures

2018 ◽  
Vol 42 (4) ◽  
pp. 537-570 ◽  
Author(s):  
Jeffrey G. Covin ◽  
Robert P. Garrett ◽  
Jyoti P. Gupta ◽  
Donald F. Kuratko ◽  
Dean A. Shepherd
Keyword(s):  
Business Planning ◽  
Initial Value ◽  
Venture Performance ◽  
New Business ◽  
Value Propositions ◽  
Corporate Ventures

The novelty of new business domains demands that internal corporate ventures (ICVs) exhibit an ability to learn over the course of the venture's development. Nonetheless, ICV learning proficiency may be differentially related to venture performance as a function how various aspects of business planning for the venture are initially approached and evolve. Results from the current research indicate that ICV learning proficiency is more positively related to venture performance when the ICV's initial value propositions are unclear and when the ICV's goals do not extensively evolve over the course of the venture's development.

Big Data and Data Analytics Research

Web Services ◽  
2019 ◽  
pp. 2161-2171
Author(s):  
Miltiadis D. Lytras ◽  
Vijay Raghavan ◽  
Ernesto Damiani
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Data Analytics ◽  
Business Models ◽  
Internet Technology ◽  
Cognitive Computing ◽  
New Paradigm ◽  
Web Science ◽  
New Business ◽  
Value Propositions

The Big Data and Data Analytics is a brand new paradigm, for the integration of Internet Technology in the human and machine context. For the first time in the history of the human mankind we are able to transforming raw data that are massively produced by humans and machines in to knowledge and wisdom capable of supporting smart decision making, innovative services, new business models, innovation, and entrepreneurship. For the Web Science research, this is a new methodological and technological spectrum of advanced methods, frameworks and functionalities never experienced in the past. At the same moment communities out of web science need to realize the potential of this new paradigm with the support of new sound business models and a critical shift in the perception of decision making. In this short visioning article, the authors are analyzing the main aspects of Big Data and Data Analytics Research and they provide their own metaphor for the next years. A number of research directions are outlined as well as a new roadmap towards the evolution of Big Data to Smart Decisions and Cognitive Computing. The authors do hope that the readers would like to react and to propose their own value propositions for the domain initiating a scientific dialogue beyond self-fulfilled expectations.

The e-ERP Transformation Matrix

2005 ◽  
pp. 158-178
Author(s):  
Colin G. Ash ◽  
Janice M. Burn
Keyword(s):  
Stages Of Change ◽  
Business Models ◽  
Relationship Building ◽  
Case Study Analysis ◽  
Business Transformation ◽  
The Matrix ◽  
New Business ◽  
Value Propositions ◽  
Multiple Case ◽  
Self Service

A model of e-business transformation is developed for ERP enabled organisations, based on the findings of a longitudinal multiple case study analysis of SAP sites. The model is represented as a matrix along three stages of e-business growth. The theory embedded within the matrix recommends that successful e-business transformation with ERP systems occurs when B2B value propositions are realized through integration and differentiation of technologies, used to support new business models for delivering products and services online. In addition, the management focus evolves through employee self-service and empowerment towards extensive relationship building with e-alliances. The matrix can be used by ERP business managers to guide their strategies for organisational transformation but also highlights critical stages of change.

scholarly journals A Business Model Canvas: Traditional Restaurant “Melayu” in North Sumatra, Indonesia

2016 ◽  
Vol 7 (2) ◽  
pp. 102
Author(s):  
Muhammad Isa Indrawan ◽  
Muhammad Dharma Tuah Putra Nasution ◽  
Efrizal Adil ◽  
Yossie Rossanty
Keyword(s):  
Business Model ◽  
Descriptive Analysis ◽  
Customer Relationship ◽  
Business Partners ◽  
Business Model Canvas ◽  
New Business ◽  
Value Propositions ◽  
Qualitative Descriptive ◽  
Key Resources ◽  
North Sumatra

The research purpose is to evaluate the business model on the traditional restaurant in Tanjung Pura, North Sumatera, Indonesia. Business Model Canvas (BMC) consists of customer segments, value propositions, channels, customer relationship, revenue streams, key resources, key activities, key partnership, and cost structure. The research method was used qualitative descriptive analysis. The data collected using in-depth interviews. Analysis TOWS is to evaluate the business model on a traditional restaurant. The authors recommend increasing the intensity to visit the restaurant with the privilege of membership. The next recommendation is to collaborate with the new business partners such as banking, e-traveler, e-destination, and e-restaurant. The traditional restaurant enables to obtain the other revenues of the subscription fee and advertising space. Also, the authors recommend registering the food recipes as the intellectual property.

The Multiple Effects of Business Planning on New Venture Performance

2010 ◽  
Vol 47 (3) ◽  
pp. 391-415 ◽  
Author(s):  
Andrew Burke ◽  
Stuart Fraser ◽  
Francis J. Greene
Keyword(s):  
New Venture ◽  
Business Planning ◽  
Venture Performance ◽  
New Venture Performance

scholarly journals DEVELOPMENT OF BUSINESS PLANNING IN THE FIELD OF FINANCIAL AND CREDIT SUPPORT FOR SMALL BUSINESS

2020 ◽  
pp. 140-148
Author(s):  
Sergiy Sergiychuk ◽  
Olena Ishchenko ◽  
Iryna Dubynska
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Financial Risk ◽  
Main Tool ◽  
Business Plan ◽  
Individual Investors ◽  
Business Planning ◽  
Money Markets ◽  
New Business ◽  
Theoretical Generalization

Introduction. Real difficulties with financing are today one of the main problems for small business in Ukraine. Lack of sufficient capital in the majority of the population, complexity, disadvantage or inability to obtain borrowed funds hinder the development of small business. Dependence on domestic sources of funding, the problem of lack of financial resources, difficult access to financial and money markets, high levels of financial risk, limited material resources and capacity, low output - all indicate that small business needs real financial support from the state, commercial banks, venture firms and individual investors. The purpose of the article is to study and identify ways to implement business planning in the field of financial and credit support for small businesses. Method (methodology). The general scientific methods, in particular theoretical generalization - for generalization of types of the initial capital and features of financing and business planning of the enterprise idea are applied in the researched; systematic economic analysis - to justify the types of financing and the required level of business planning, which must have a future entrepreneur. Results. The prepared business plan helps start-up entrepreneurs at every stage of starting and managing their business. It can be used as a roadmap for structuring, running and developing your own business. This is a way to think about the key elements of a new business. A business plan helps to obtain financing or attract new business partners. Investors want to be sure that they will return their investment. This is the main tool of an entrepreneur to convince people to work together and invest in the development of a promising company.

Value, Variety and Viability

2012 ◽  
Vol 3 (3) ◽  
pp. 26-48 ◽  
Author(s):  
Irene Ng ◽  
Gerard Briscoe
Keyword(s):  
Business Model ◽  
Service Provision ◽  
Business Models ◽  
Systems Approach ◽  
Service Value ◽  
Viable Systems ◽  
A Value ◽  
Emotional Outcomes ◽  
New Business ◽  
Value Propositions

The authors propose that designing a manufacturer’s equipment-based service value proposition in outcome-based contracts is the design of a new business model capable of managing threats to the firm’s viability that can arise from the contextual variety of use that customers may subject the firm’s value propositions. Furthermore, manufacturers need to understand these emerging business models as the capability of managing both asset and service provision to achieve use outcomes with customers, including emotional outcomes such as customer experience. Service-Dominant logic proposes that all “goods are a distribution mechanism for service provision,” upon which they propose a value-centric approach to understanding the interactions between the asset and service provision, and suggest a viable systems approach towards reorganising the firm to achieve such a business model. Three case studies of B2B equipment-based service systems were analysed to understand customers’ co-creation activities in achieving outcomes, in which the authors found that the co-creation of complex multi-dimensional value could be delivered through the different value propositions of the firm catering to different aspects (dimensions) of the value to be co-created. The study provides a way for managers to understand the effectiveness (rather than efficiency) of firms in adopting emerging business models that design for value co-creation in what are ultimately complex socio-technical systems.

NAVIGATING IN NEW BUSINESS DOMAINS: INTERNAL CORPORATE VENTURES AS EXPLORATORY VEHICLES.

2010 ◽  
Vol 2010 (1) ◽  
pp. 1-6
Author(s):  
JEFFREY G. COVIN ◽  
ROBERT P. GARRETT ◽  
DONALD F. KURATKO ◽  
DEAN A. SHEPHERD
Keyword(s):  
New Business ◽  
Corporate Ventures

THINKING AND SLACKING OR DOING AND FEELING? GENDER AND THE INTERPLAY OF COGNITION AND AFFECT IN NEW VENTURE PLANNING

2011 ◽  
Vol 16 (02) ◽  
pp. 213-226 ◽  
Author(s):  
CRAIG E. ARMSTRONG
Keyword(s):  
Entrepreneurial Intentions ◽  
New Venture ◽  
Behavior Model ◽  
Business Planning ◽  
Entrepreneurial Opportunity ◽  
Sense Of Ownership ◽  
Entrepreneurial Opportunities ◽  
New Business ◽  
Planning Processes ◽  
The Relationship

Studies of the relationship between gender and entrepreneurship have shown that men are significantly more likely to start a new business than women. Because an individual's entrepreneurial intentions are shaped by the perceived feasibility and desirability of an entrepreneurial opportunity, these results have generally emphasized how men perceive themselves as more capable of pursuing entrepreneurial opportunities than women. In this study, men have a higher level of self-efficacy than do women regarding entrepreneurial abilities. At the same time, the higher levels of involvement in business planning processes caused women to have a higher sense of ownership in the plan than did men. This sense of ownership is positively and significantly related to the perceived likelihood of success of the new venture. The findings of this study suggest women adopt certain roles and affects in the development of entrepreneurial opportunities that provide alternative explanations to the beliefs-attitudes-intentions-behavior model of intentionality. The roles and affects women adopt during new venture planning may give them superior insights into the likelihood of success of the new venture.

scholarly journals Strategi Perencanaan Model Bisnis Perusahaan Jasa Konsultan Arsitektur dan Jasa Kontraktor PT Architectaria Media Cipta

2018 ◽  
Vol 13 (1) ◽  
pp. 55
Author(s):  
Amirullah Muh Amin ◽  
Lukman M Baga ◽  
Netti Tinaprilla
Keyword(s):  
Business Model ◽  
Swot Analysis ◽  
Customer Relationships ◽  
Selling Price ◽  
Cost Structures ◽  
Business Model Canvas ◽  
Innovative Products ◽  
New Business ◽  
Value Propositions ◽  
Key Resources

PT Architectaria Media Cipta is an architectural consulting and contractor company.The purpose of this research is to describe and improve the business model used by PT Architectaria Media Cipta based on Business Model Canvas (BMC) approach and SWOT analysis, and then develop a new business model prototype for PT Architectaria Media Cipta using Blue Ocean Strategy (BOS).BMC consist of customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structures. The data collected bystructured interview.There are seven unsurts that need to be improved in a major way, and the two unsurts are remedied in a minor.The new business model prototype is created with a new value proposition that makes home and office furnishings products with unique designs, fixed size, light weight that can be sold massively through webstores and marketplace. Innovative products made by utilizing waste materials with the concept of re-use and re-cycle, therefore) the selling price of the product remains affordable.

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