INSURANCE INDUSTRY ACTIVITIES IN THE COVID-19 PANDEMIC CONDITIONS: PROBLEMS AND OPPORTUNITIES

2020 ◽  
Author(s):  
Anatoliy Suprun ◽  
◽  
Oleksandra Bessinna ◽  
Keyword(s):  
Business Models ◽  
Insurance Industry ◽  
The State ◽  
Insurance Costs ◽  
The Future ◽  
New Business ◽  
Private And Public ◽  
Short Time ◽  
New Situation ◽  
New Business Models

Therefore, in the future, the formation of insurance protection against risks similar to COVID-19 is possible only on the private and public partnership platform. Largely, insurers will not take on pandemic risks on their own, but they can significantly improve the process of managing and financing such risks in partnership with the state. The new situation has given new business models for managing insurance services based on digitalization and separate access. There is no doubt now that all the achievements in the management of insurance services, which were carried out in a short time during the pandemic, will be used in the future and will be further developed. These models will be able to significantly reduce insurance costs in the future, and this is the main positive of the situation in connection with the COVID-19 coronavirus pandemic.

scholarly journals Development of Circular Economy: Opportunities and Impediments

2020 ◽  
Vol 12 (1) ◽  
pp. 9-17
Author(s):  
Vania Ivanova
Keyword(s):  
Circular Economy ◽  
Business Models ◽  
Added Value ◽  
Public Authorities ◽  
Slowing Down ◽  
Use Of Resources ◽  
New Business ◽  
Private And Public ◽  
Analytical Research ◽  
New Business Models

The objective of this paper is to outline the potential and outlooks of development of circular economy in Bulgaria, as well as demonstrate the need for adequate measures on part of public authorities to encourage this change. The research is based on a primary survey of Bulgarian employers’ attitudes towards pursuing a corporate policy relating to the principles of sustainable development, which was conducted among 400 enterprises. The analysis reveals untapped potential not only with regard to a more efficient use of resources, in both the private and public sectors, but also in terms of underestimating the significance of the issue. The firms could significantly reduce their costs, improve their compatibility and their export potential if they apply new business models and new innovative technologies, which are both resource-efficient and eco-friendly. The research and analytical methods used for the development of the paper involve graphical and table presentation of statistical and empirical data and survey of available legal and analytical research on the topic. The conclusions reached reveal a number of obstacles slowing down the transition to a real circular economy model.  That would require speeding up the reform in the eco-fiscal and innovative government policies.  The paper’s added value lies not only in the analytical examination of the issues, but above all in deriving recommendations for future actions.

scholarly journals The Future of mobile operators - New business models

2018 ◽  
Author(s):  
Jovana Mihailovic
Keyword(s):  
Business Model ◽  
Business Models ◽  
Business Model Innovation ◽  
Telecommunication Industry ◽  
Digital World ◽  
Telecommunication Market ◽  
The Future ◽  
New Business ◽  
New Business Models

The aim of this paper is to show rising importance of business model innovation in telecommunication industry. Work gives an overview of telecommunication market, it presents the strategy mobile operators have and challenges they face to adopt to digital world. The main focus is on new business models operators can implement in order to innovate and stay competitive at the market. Cases when operators work in collaboration with startups were analysed and followed by examples from practice. The influence of digitalisation trend on Serbian telecommunication market and how mobile operators respond to it in comparison to other countries were investigated in more detail.

Effects of COVID-19 on Small Businesses in the Catering Sector

2021 ◽  
pp. 130-159
Author(s):  
Diego R. Toubes ◽  
Noelia Araújo Vila ◽  
Sara Fidalgo Estévez
Keyword(s):  
Small Businesses ◽  
Business Models ◽  
Environmental Conservation ◽  
Public Concern ◽  
Small Cities ◽  
Effective Governance ◽  
Business Operations ◽  
New Business ◽  
New Situation ◽  
New Business Models

This study focuses on the effects of COVID-19 on independent restaurant operators in small cities. Proposals for recovery are assessed both in terms of business operations and service provision and in terms of the governance measures demanded by restaurateurs. Semi-structured open-ended interviews were conducted with 38 restaurateurs in Ourense (Spain) during the toughest months of the COVID-19 pandemic. This study provides key operational and governance measures for the recovery of the restaurant sector and confirms the need to generate a greater connection and empathy with the customer and to adapt to the new situation of instability and uncertainty by incorporating new business models. More effective governance measures are needed in line with increased public concern for sustainability, humanization, and environmental conservation.

scholarly journals Major Trends and New Business Models in Supply Chain and Entrepreneurship After the Covid-19 Crisis

2021 ◽  
Vol 31 (1) ◽  
pp. 84-96
Author(s):  
Cristian Negrutiu
Keyword(s):  
Supply Chain ◽  
Business Models ◽  
Major Change ◽  
Top Management ◽  
Management Consultants ◽  
Model Based ◽  
The Future ◽  
New Business ◽  
Virtuous Cycle ◽  
New Business Models

AbstractThe paper investigates the major trends and business models of the new reality after the Covid-19 crisis. Due to the vastness of the theme, the research will be focused on the areas of supply chain and entrepreneurship. These sectors are probably the most affected today, but, also, the ones that will experience a major change in the future. Building on insights and data from top management consultants, the findings revealed some commons trends, like digitization, transparency, localization, the rising of e-commerce and the contact-less economy. In conclusion, the author proposes a model based on a virtuous cycle of elements that will shape the business models of the future as a contribution to the research in the selected sectors.

Encouraging internationalization and sustainable competitiveness in construction. A preliminary approach in Portugal

2022 ◽  
Vol 13 (4) ◽  
pp. 0-0
Keyword(s):  
Economic Growth ◽  
Business Models ◽  
Public Works ◽  
Strategic Analysis ◽  
The Future ◽  
New Business ◽  
And Control ◽  
New Business Models

The Civil Construction and Public Works sector in Portugal has undergone huge oscillations over the last years, reflected on the number of companies, turnover and number of direct employees assigned to the activity. This sector is an important sector for economic growth and companies must adopt strategic analysis and control tools in order to survive and remain competitive. Companies operate in a large, highly competitive and demanding market, with new players and new business models. Companies need to find new ways of competing worldwide and internationalization emerges as one of the business responses to the challenge of globalization. Sustainability is a commitment to the future, a route that organizations must travel to search the best solutions to humankind problems, whether they are economic, social or environmental.

Das digitale Gedächtnis in der Wertschöpfungskette*/Digital component memory within Industry 4.0

2015 ◽  
Vol 105 (09) ◽  
pp. 662-666
Author(s):  
E. Bollhöfer ◽  
D. Buschak ◽  
C. Moll
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Industrie 4.0 ◽  
Current Development ◽  
The Future ◽  
New Business ◽  
To Come ◽  
New Business Models

Die (Technologie-) Entwicklung im Zukunftsprojekt Industrie 4.0 wird an keinem Unternehmen vorbeigehen. Insbesondere Hersteller von bislang rein mechanischen Komponenten und Bauteilen üben sich jedoch derzeit noch oft in Zurückhaltung. Worin liegt der Nutzen von Industrie 4.0? Wie können Fertigungsbetriebe davon profitieren? Werden sie durch die aktuellen Entwicklungen gezwungen, mit „auf den Zug aufzuspringen“ oder ist es ihnen sogar möglich, sich über neue Geschäftsmodelle vom Wettbewerb abzusetzen?   The development of the technology within the future-oriented project Industry 4.0 will affect every company, a fact well known today. The situation is precarious especially for producers of solely mechanic components and parts – posing the question of their benefit? How can they profit from this development? Are they obliged by current development to jump on the bandwagon or instead does it offer the chance to come up with new business models and differentiate against competitors?

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