scholarly journals Alternative PSS Business Models of ESCO: Towards an Innovative New Model

2021 ◽  
Author(s):  
Eka Sudarmaji ◽  
Noer Azam Achsani ◽  
Yandra Arkeman ◽  
Idqan Fahmi
Keyword(s):  
Business Models ◽  
New Model

How to Create, Develop, and Sustain an Organization

2020 ◽  
pp. 1599-1623
Author(s):  
João M. S. Carvalho
Keyword(s):  
Economic Development ◽  
Market Orientation ◽  
Social Exclusion ◽  
Conceptual Analysis ◽  
Business Models ◽  
Integrative Approach ◽  
Theoretical Studies ◽  
New Model ◽  
Common Future

This chapter provides a summarized and objective review of the relationships among market orientation, innovation, entrepreneurship, business models, creation of value, and sustainability to help an entrepreneur in the process of creating, developing, and sustaining any type of organization. The methodology follows a theorizing approach based on many empirical and theoretical studies on these subjects. It presents a new model—targeting innovation, entrepreneurship, and sustainability (TIES)—based on previous developed models and using an integrative approach. It pretends to be a strategic systematization of what makes an organization successful. This type of conceptual analysis can be an opportunity to bring together aspects related to our common future, namely a new economic development that encompasses the evolution of peoples' needs towards a societal wellbeing with reduced social exclusion, a healthier planet, and a more balanced psychological sustainability.

Relationship Between Knowledge Management and Innovation

2020 ◽  
pp. 531-554
Author(s):  
Andrea Bencsik ◽  
Bálint Filep
Keyword(s):  
Knowledge Management ◽  
Data Analysis ◽  
Literature Review ◽  
Business Models ◽  
Organizational Innovation ◽  
Secondary Data ◽  
Frugal Innovation ◽  
New Model ◽  
Innovation Model ◽  
Innovation Knowledge

Successful business operation depends on several factors. Among these factors knowledge management and innovation are extremely important business areas. The aim of this theoretical study is to introduce how these two models work together and how their relationship reinforces the chance for success. Relying on secondary data analysis and literature review, the authors prove that the classical innovation model can be a part of this relationship together with the organizational innovation where the human resource comes to focus. The logic of system building of knowledge management emphasizes that the path leads from the attainment of innovation knowledge to the evaluation of utilization. This study reviews the steps of the two business models and highlights the most important relationships in a new model linking the appropriate phases. The second part of this paper shows the connection between frugal innovation and knowledge management, and their theoretical significance and practical adaptability.

Service value optimization of cloud hosted systems using particle swarm technique

2016 ◽  
Vol 29 (4) ◽  
pp. 612-626
Author(s):  
Salah Eddin Murad ◽  
Salah Dowaji
Keyword(s):  
Service Provider ◽  
Business Models ◽  
Virtual Machines ◽  
Service Providers ◽  
Mutual Influence ◽  
Optimization Technique ◽  
Particle Swarm ◽  
Severity Factor ◽  
Content Type ◽  
New Model

Purpose – Cloud Computing has become a more promising technology with potential opportunities, through reducing the high cost of running the traditional business applications and by leading to new business models. Nonetheless, this technology is fraught with many challenges. From a Software as a Service (SaaS) provider perspective, deployment choices are one of the major perplexing issues in determining the degree to which the application owners’ objectives are met while considering their customers’ targets. The purpose of this paper is to present a new model that allows the service owner to optimize the resources selection based on defined metrics when responding to many customers’ with various priorities. Design/methodology/approach – More than 65 academic papers have been collected, a short list of the most related 35 papers have been reviewed, in addition to assessing the functionality of major cloud systems. A potential set of techniques has been investigated to determine the most appropriate ones. Moreover, a new model has been built and a study of different simulation platforms has been conducted. Findings – The findings demonstrate that serving many SaaS customer requests, with different agreements and expected outcomes, would have mutual influence that impact the overall provider objectives. Furthermore, this paper investigates how tagging those customers with various priorities, with reflection of their importance to the provider, permits controlling and aligning the selection of computing resources as per the current objectives and defined priorities. Research limitations/implications – This study provides researchers with a useful literature, which can assist them in relevant subject. Additionally, it uses a value-based approach and particle swarm technique to model and solve the optimization of the computing resource selection, considering different business objectives for both stakeholders, providers and customers. This study derives priority of a number of factors, by which service providers can make strong and adaptive decisions. Practical implications – The paper includes implications on how the SaaS service provider can make decisions to select the needed virtual machines type driven by his own preferences. Originality/value – This paper rests on the usage of Particle Swarm Optimization technique to optimize the business value of the service provider, as well as the usage of value-based approach. This will help model that value in order to combine the total profit of the provider and the customer satisfaction, based on the agreed budget and processing time requested by the customer. Another additional approach has been charted by using the customer severity factor that allows the provider to reflect the customer importance while making the placement decision.

scholarly journals The Impact of Physical Distancing on the Sharing Economy

2021 ◽  
Vol 15 (1) ◽  
pp. 22-36
Author(s):  
K. A. Karthik ◽  
Manish Sinha
Keyword(s):  
Impact Assessment ◽  
Business Models ◽  
Developing Economies ◽  
Qualitative Interviews ◽  
Financial Statements ◽  
Sharing Economy ◽  
Shared Resources ◽  
New Model ◽  
Shared Spaces ◽  
The Impact

The purpose of this research is to assess the possible impacts of physical distancing, implemented as a precaution against COVID-19, on businesses that depend on sharing economy, with an emphasis on developing economies. While COVID-19 has already been ravaging economies, there is a need to examine its impact on businesses that thrive on shared resources, which is a relatively new model, and thus merits an impact assessment. The methodology includes extensive background research on the origins of COVID-19, economic impacts of historic pandemics and examining the financial statements over the last six months of business that are purported to be affected, to assess the impact. This in addition to qualitative interviews of users of shared spaces and facilities, and collating media sources for stance taken by firms affected. The study aims to highlight the need for evolved business models to factor in physical distancing in order to adapt and stay insulated from future threats.

BUSINESS REPORTING AND COMMUNICATIONS—A KEY CAPITAL MANAGEMENT TOOL FOR THE AUSTRALIAN PETROLEUM INDUSTRY

2006 ◽  
Vol 46 (1) ◽  
pp. 481
Author(s):  
M. Bray
Keyword(s):  
Decision Making ◽  
Business Performance ◽  
Business Models ◽  
International Energy Agency ◽  
Management Tool ◽  
Energy Agency ◽  
New Model ◽  
Business Reporting ◽  
Petroleum Sector ◽  
Investment Requirement

In their most recent world investment outlook, the International Energy Agency (IEA) forecast a global petroleum investment requirement of US$6 trillion through to 2030.The annual average requirement is very high relative to capital raising levels in the sector. The IEA, however, predicts that the investment gap should be able to be financed.It goes on to suggest in particular that the future success of the Australian petroleum sector will not be necessarily constrained by access to sufficient capital, rather, the key impediment will be the availability of attractive and viable investment propositions.Organisations that are able to mount such a proposition will be doing so in the face of present reporting limitations, technological change, cross-sector capital competition, global energy market changes, constraints of capital markets and short-term perspectives, impacts of regulation, threats on security of licences to operate and the importance of corporate reputations in areas like sustainability and social performance.A new model of business performance reporting and communications is required for the petroleum sector and businesses to meet these challenges. Definitions of business reporting and communications are set out in Box 1.Critical areas in a new model are:stimulating improved stakeholder understanding of business models;synchronising stakeholder decision-making models with business performance reports; and,precision in stakeholder decision-making processes based upon insights about performance drivers and risks and the performance outlook.This paper explains why fit-for-purpose business reporting and communications are critical success factors—not only in attracting the financing to meet the 25-year investment requirement, but, more importantly, in helping Australian petroleum businesses to differentiate their performance from others.

Relationship between Knowledge Management and Innovation

2017 ◽  
pp. 67-90
Author(s):  
Andrea Bencsik ◽  
Bálint Filep
Keyword(s):  
Knowledge Management ◽  
Data Analysis ◽  
Literature Review ◽  
Business Models ◽  
Organizational Innovation ◽  
Secondary Data ◽  
Frugal Innovation ◽  
New Model ◽  
Innovation Model ◽  
Innovation Knowledge

Successful business operation depends on several factors. Among these factors knowledge management and innovation are extremely important business areas. The aim of this theoretical study is to introduce how these two models work together and how their relationship reinforces the chance for success. Relying on secondary data analysis and literature review, the authors prove that the classical innovation model can be a part of this relationship together with the organizational innovation where the human resource comes to focus. The logic of system building of knowledge management emphasizes that the path leads from the attainment of innovation knowledge to the evaluation of utilization. This study reviews the steps of the two business models and highlights the most important relationships in a new model linking the appropriate phases. The second part of this paper shows the connection between frugal innovation and knowledge management, and their theoretical significance and practical adaptability.

Best Buy Co., Inc.

2017 ◽  
pp. 1-14
Author(s):  
Edward D. Hess
Keyword(s):  
Business Models ◽  
The United States ◽  
Customer Segmentation ◽  
Short Term ◽  
Stock Repurchase ◽  
New Model ◽  
Doing Business ◽  
New Business ◽  
Customer Centricity ◽  
New Business Models

In 2007, Best Buy was the leading electronics retailer in the United States with more than 941 stores, revenue totaling $31 billion, and a market cap of $21 billion. In 2005, Best Buy had adopted a new business model, culture, and customer-segmentation template called Customer Centricity. This move created volatility in the price of Best Buy stock because of the higher-than-expected employee costs that went with this new way of doing business and the difficulty of executing the old and the new business models simultaneously while the new model was rolled out. Best Buy responded to Wall Street's short-term focus in a myriad of ways. It first asked for investor patience, and stressed the strong operating results achieved in Best Buy stores operating under the new model. But in June 2007, after the stock dropped again, the CEO knew he had to decide whether to open more Best Buy stores, increase the company's dividend, or increase the stock-repurchase program.

scholarly journals Rethinking commercial strategy – A patient-centered commercial model

1969 ◽  
Vol 16 (3) ◽  
Author(s):  
Sanjay K Rao
Keyword(s):  
Health Care ◽  
Pharmaceutical Industry ◽  
Business Models ◽  
Common Knowledge ◽  
Patient Centered ◽  
New Model ◽  
Pharmaceutical Firms ◽  
Published Evidence ◽  
The Subject ◽  
Play Elements

That the bio/pharmaceutical industry faces daunting challenges is common knowledge and the subject of debate for some time now. In reaction, leading bio/pharmaceutical firms have re-thought their business models. This article presents the framework, rationale and innards of a new model for commercializing outputs of the industry, given the realities of the difficult marketplace. Growing out of the axiomatic belief that patients are why the industry exists, the model defines a health-care ecosystem, re-specifying and clarifying the roles of seemingly disparate stakeholders in the service of patients. Four interlinked propositions on which the new commercial model thrives are outlined and supported with insights from real case studies and published evidence. Specific examples of tactical programs that exemplify the new model in practice are provided. The new, patient-centered commercial model is far from seeing widespread reality in practice; however, when in play, elements of the new model have consistently delivered the promise of bio/pharmaceuticals.

How to Create, Develop, and Sustain an Organization

2020 ◽  
pp. 727-751
Author(s):  
João M. S. Carvalho
Keyword(s):  
Economic Development ◽  
Market Orientation ◽  
Social Exclusion ◽  
Conceptual Analysis ◽  
Business Models ◽  
Integrative Approach ◽  
Theoretical Studies ◽  
New Model ◽  
Common Future

This chapter provides a summarized and objective review of the relationships among market orientation, innovation, entrepreneurship, business models, creation of value, and sustainability to help an entrepreneur in the process of creating, developing, and sustaining any type of organization. The methodology follows a theorizing approach based on many empirical and theoretical studies on these subjects. It presents a new model—targeting innovation, entrepreneurship, and sustainability (TIES)—based on previous developed models and using an integrative approach. It pretends to be a strategic systematization of what makes an organization successful. This type of conceptual analysis can be an opportunity to bring together aspects related to our common future, namely a new economic development that encompasses the evolution of peoples' needs towards a societal wellbeing with reduced social exclusion, a healthier planet, and a more balanced psychological sustainability.

How to Create, Develop, and Sustain an Organization

2018 ◽  
pp. 539-564
Author(s):  
João M. S. Carvalho
Keyword(s):  
Economic Development ◽  
Market Orientation ◽  
Social Exclusion ◽  
Conceptual Analysis ◽  
Business Models ◽  
Integrative Approach ◽  
Theoretical Studies ◽  
New Model ◽  
Common Future

This chapter provides a summarized and objective review of the relationships among market orientation, innovation, entrepreneurship, business models, creation of value, and sustainability to help an entrepreneur in the process of creating, developing, and sustaining any type of organization. The methodology follows a theorizing approach based on many empirical and theoretical studies on these subjects. It presents a new model—targeting innovation, entrepreneurship, and sustainability (TIES)—based on previous developed models and using an integrative approach. It pretends to be a strategic systematization of what makes an organization successful. This type of conceptual analysis can be an opportunity to bring together aspects related to our common future, namely a new economic development that encompasses the evolution of peoples' needs towards a societal wellbeing with reduced social exclusion, a healthier planet, and a more balanced psychological sustainability.

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