scholarly journals Innovative business-models of logistics support of enterprise development

2020 ◽  
pp. 80-87
Author(s):  
Oleksandr Ivanyshyn
Keyword(s):  
Business Model ◽  
Information Technologies ◽  
Business Models ◽  
System Analysis ◽  
Innovative Development ◽  
Enterprise Development ◽  
Logistics System ◽  
Modern Enterprise ◽  
Market Situation ◽  
The Impact

Purpose. The aim of the article is generalization of scientific-theoretical and improvement of methodological approaches to substantiation of innovative business- model of logistical support of innovative development of the enterprise for timely satisfaction of consumer demand. Methodology of research. General scientific and special methods are used in the process of research, in particular: system analysis - to determine the impact of external and internal environment, market infrastructure on innovative business models of logistics of enterprise development; abstract and logical - in determining the possibilities of logistical support for the development of the enterprise and meeting the needs of consumers. Findings. The need for enterprise development in the form of an efficient and competitive logistics system, which is currently costly and imperfect, negatively affects the investment attractiveness and competitiveness of products, enterprises and the country. It is established that logistics belongs to the category where the impact of digitalization is difficult to fully assess and implement due to the need for comprehensive modernization of infrastructure and technological processes. The sphere of logistics services in Industry 4.0 is characterized by features that are both indicators of the development of digitalization: the use of big data and cloud technologies; the spread of the Internet of Things; robotics development; dissemination of 3D printing technology; block-chain; crowdsourcing. Originality. The logistical support of the innovative business model of modern enterprise development is proposed, which should be based on a system set of methods and organizational and management mechanisms of information technologies, software packages to achieve strategic development goals based on innovative transformation and implementation and use of artificial intelligence systems and Smart-grid technologies, network structures, clusters or hubs in search of opportunities to strengthen innovation capacity to meet the needs of consumers in a timely manner. Practical value. The obtained results of the study can be used to expand the introduction of logistics innovations as part of innovative development of the enterprise, achieve better results of enterprises of industrial and non-industrial spheres, which will bring them to a new level of development and improve the economic situation from the standpoint of logistics as time requirements are constant monitoring of the market situation for the use of new methods of work and constant modifications of products or services. Key words: innovations, logistics, technologies, products, modification, development, enterprise, attractiveness, commercialization, efficiency, consumers.

scholarly journals THEORETICAL APPROACHES TO THE CLASSIFICATION AND SYSTEMATIZATION OF BANKS BY BUSINESS MODELS

2021 ◽  
Vol 2 (37) ◽  
pp. 24-36
Author(s):  
V. Rudevska ◽  
N. Shvetz ◽  
O. Storozhenko
Keyword(s):  
Economic Growth ◽  
Business Model ◽  
Information Technologies ◽  
Business Models ◽  
Banking Sector ◽  
Institutional Environment ◽  
Historical Background ◽  
Theoretical Approaches ◽  
The Impact

Abstract Banking institutions are subject to change in the business model depending on external conditions, which may be due to changes in market needs and changes in the competitive environment or regulation. Depending on the business model of banks, they may react differently to the influence of external and internal factors. This situation in the future may lead to changes in the business architecture of the banking sector and  affect the country's economic growth. The article considers the approaches to the classification of banks by business models, a critical analysis of existing approaches to the classification of banks in terms of business models. A study of the systematization and classification of banks by business models found that existing approaches to classification are quite fragmentary and insufficiently expanded. The author's systematization and generalization of existing in world practice theoretical approaches to the classification of types of business models of banks, allowed to justify the author's classification of banks by their business models, which includes new classification features, including historical background and development of the institutional environment. economic processes in the state and the vector of economic growth, introduction of innovations and information technologies, range of banking products and services, development of branch network. The approach proposed in the article, in contrast to the existing ones, is comprehensive and will help the bank to choose the most optimal and effective business model that will fully take into account the impact of modern business conditions. The expanded classification that could be used at the local and international levels will harmonize the general approach, which is constantly being harmonized and regularly updated, taking into account the changing landscape of the banking sector. Keywords: bank, business model of the bank, classification of banks, cluster of banks, criteria for classification of business models. JEL Classification: G210,G20 Formulas: 0; fig.: 2; tabl.:1 ; bibl.: 16.

scholarly journals Exploring a circular business model: Insights from the institutional theory perspective and the business model lens

2021 ◽  
pp. 146575032110555
Author(s):  
Ufuk Alpsahin Cullen
Keyword(s):  
Business Model ◽  
Business Models ◽  
Value Systems ◽  
Business Modelling ◽  
Environmental Value ◽  
Value Cocreation ◽  
Business Profitability ◽  
Paradigmatic Change ◽  
Underlying Mechanisms ◽  
The Impact

Circular entrepreneurship is becoming a new, promising reality, in the manner of needed radical paradigmatic change in the era of Anthropocene. Circular entrepreneurs intend to create social and environmental value while they build financially viable businesses. They are embedded in multiple institutionalised value systems that they are expected to adhere to. Those institutionalised systems provide circular entrepreneurs with different, in many cases, contradictory norms, values and guiding principles. Substantial amount of research has been done to date to examine the impact of institutions on entrepreneurial endeavours. And yet, research lacks sufficient insights into how circular entrepreneurs engage with the institutional structures in designing business models on a financially feasible ground while creating social and environmental value. To address this, this paper investigates how circular entrepreneurs respond to the value systems of surrounding institutions in business modelling and how two fundamental aspects of embeddedness, namely resource integration and value cocreation, are achieved within a circular business model that is coherent in itself and with the entrepreneur's ambitions. Both the institutional context and the institutional logics surrounding entrepreneurs are examined to comprehend the surrounding institutional systems more in-depth and extensively. By analysing a longitudinal in-depth case study, this article aims to develop better insights into circular business modelling and underlying mechanisms of embeddedness. The case is a born-circular small cidermaker in Cornwall (UK), namely Wasted Apple. The findings show that the circular entrepreneur is surrounded by dominant normative institutions forming the principles of business model design. circular entrepreneurs mark fidelity to the institutional norms to obtain a range of microcompetencies and to manage integrated hybrid tensions within the value creation system. And therefore, a circular business model is a more holistic and inclusive structure as compared to a typical conventional linear business model. And yet, paradoxically embeddedness facilitates business survival but hinders strategic business planning as well as business profitability and growth.

scholarly journals ESTANDARIZACIÓN DEL MODELO DE NEGOCIOS PARA EL MODELADO ESTÁNDAR DE DATOS

2016 ◽  
Vol 26 (1) ◽  
pp. 75
Author(s):  
Tino Eduardo Reyna Monteverde
Keyword(s):  
Business Model ◽  
Product Life Cycle ◽  
Business Models ◽  
System Analysis ◽  
Life Cycle Management ◽  
Automated System ◽  
Functional Requirements ◽  
Business Decision ◽  
Toma De Decisiones ◽  
Para Determinar

Este artículo presenta un nuevo enfoque para determinar El Modelo Funcional de Negocio que se requiere parael modelo de datos del futuro sistema automatizado. El alcance de este nuevo esquema cubre la típica actividadempresarial que requiere de sistemas de información para la toma de decisiones empresariales. Se analizan lospatrones de las áreas funcionales de toda empresa, llegando a presentar los esquemas estándar para cada unade ellas. Estos patrones son demostrados y sustentados debidamente. Los Sistemas Informáticos durante su vidaútil sufren una serie de ajustes vía mantenimiento. Estos cambios generan muchos costos en tiempo y dinero.La estratégia para evitar esta situación es tomar como base un modelo de negocio estándar, el cual pueda serpersonalizado vía parâmetros de acuerdo a los requerimentos particulares del usuário. Con el objetivo de encontrarel Modelo estándar de negocio se demuestra que son cuatro las Macro funciones básicas que de manera universaldeben estar presentes en toda área de Negocios. Estas macro funciones son presentadas y detalladas. Para llegar aeste esquema se demuestra que el servicio entregado por todas las áreas que forman la empresa son Productos tipoServicio y por lo tanto deben cumplir de manera holística con el Ciclo de Vida de Producto (cuatro etapas del Ciclo).Los modelos se presentan tanto de manera gráfica como analítica. En base a este modelo de negocio estándar,se determinarán los requerimientos de información, imprescindibles para la etapa de análisis de los Sistemas deInformación.Palabras clave.- Etapa estudio del sistema, Análisis de sistemas, Requerimientos funcionales, Modelo de negocios, Diagramafuncional.ABSTRACTThis paper presents a new approach for determining the functional business model required for the datamodel of the future automated system. The scope of this new scheme covers the typical business that requiresinformation systems for business decision making. Patterns of functional areas of any enterprise are analyzed,reaching present standard schemes for each. These patterns are displayed and properly supported. InformationSystems for life undergo a series of adjustments via maintenance. These changes generate many costs in timeand money. The strategy to avoid this situation is to build on standard business models, which can be customizedaccording to parameters in particular. In order to find the standard business model there are four basic functionsMacro universally must be present in all areas of business. These macro functions are presented and detailed. Toreach this scheme shows that the service provided by all areas that form the company are type Service Productsand therefore must comply holistically with the product life-cycle management (four stages of the cycle). Themodels are presented both graphically and analytically. They are determined iOn requirements, essential for theanalysis stage of the Information Systems based on this standard model business.Keywords.- Stage study system, System analysis, Functional requirements, Business model, Functional diagram.

Digital Retail and How Customer-Centric Technology is Reshaping the Industry

2018 ◽  
pp. 1560-1580 ◽  
Author(s):  
Pablo Penas Franco
Keyword(s):  
Internet Of Things ◽  
Business Model ◽  
Business Models ◽  
Customer Experience ◽  
Retail Industry ◽  
Brick And Mortar ◽  
Digital Disruption ◽  
Cloud Technologies ◽  
The Impact

This chapter explains the digital disruption that has occurred and is still happening in the retail industry. It explains the relative positions of the world's leading retailers Wal-Mart, Amazon and Alibaba and the business models of the two top online competitors. It focuses on the impact of SMAC (Social, Mobile, Analytics and Cloud) technologies and new retail trends enabled or boosted by technology such as omni-channel, customer experience, internet of things (IoT) and analytics, fulfillment and delivery. It deepens into IT and business model customer-centric design, the role of the customer and the store in the new digital retail and finishes with an assessment of ROI in retail digitization. The chapter concludes the fundamental IT-enabled changes of digital disruption are critical for all players, traditional brick-and-mortar retailers, pure online players and those with both an online and an offline presence.

An Exploratory Study of the Impact of the Internet of Things (IoT) on Business Model Innovation

2017 ◽  
pp. 423-440
Author(s):  
In Lee
Keyword(s):  
Business Model ◽  
Significant Relationship ◽  
Business Models ◽  
Implementation Strategies ◽  
Fortune 500 ◽  
Business Model Innovation ◽  
Adoption Rate ◽  
Iot Applications ◽  
Fortune 500 Companies ◽  
The Impact

This paper introduces IoT categories used to build smart enterprises and discusses how Fortune 500 companies may use various IoT applications to innovate their business models. The authors' analysis reveals that there is a significant relationship between the type of IoT applications and the IoT adoption rate and there is also a significant relationship between the type of business model innovation and the IoT adoption rate. Finally, five implementation strategies for smart enterprise development are discussed.

An Exploratory Study of the Impact of the Internet of Things (IoT) on Business Model Innovation

2016 ◽  
Vol 7 (3) ◽  
pp. 1-15 ◽  
Author(s):  
In Lee
Keyword(s):  
Business Model ◽  
Significant Relationship ◽  
Business Models ◽  
Implementation Strategies ◽  
Business Model Innovation ◽  
Adoption Rate ◽  
Iot Applications ◽  
Fortune 500 Companies ◽  
The Impact ◽  
The Internet Of Things

This paper introduces IoT categories used to build smart enterprises and discusses how Fortune 500 companies may use various IoT applications to innovate their business models. The authors' analysis reveals that there is a significant relationship between the type of IoT applications and the IoT adoption rate and there is also a significant relationship between the type of business model innovation and the IoT adoption rate. Finally, five implementation strategies for smart enterprise development are discussed.

JD.com: leveraging the edge of e-business

2018 ◽  
Vol 8 (3) ◽  
pp. 1-30
Author(s):  
Allan KK Chan ◽  
Caleb Huanyong Chen ◽  
Long Zhao
Keyword(s):  
Business Model ◽  
Business Models ◽  
Corporate Strategy ◽  
The Self ◽  
Logistics System ◽  
Content Type ◽  
Long Run ◽  
New Business ◽  
Internet Finance ◽  
To Come

Subject area E-Business; Corporate Strategy; Strategic Management; Operation Management. Study level/applicability Senior undergraduate; MBA; EMBA. Case overview After development for 10 years, JD was now China’s second largest business-to-customer (B2C) e-retailer and the largest in self-operated sector. It was September 2015 when Liu Qiangdong was deciding whether to persist with JD’s self-operated model and the heavy investment in the self-built logistics system. JD’s business model had been functioning well. However, as JD grew bigger and bigger, it became too expensive to expand its logistics system. JD had not made a profit since it raised funds from investors. Liu had to come up with a good proposal before the next monthly meeting to convince them that JD would finally overtake its biggest rival, Alibaba which ran on a different business model. In addition, JD was exploiting the rural and the global markets, as well as a new business in internet finance. Facing challenges and dilemmas, should JD persist with its model? How could Liu align short-term profitability with long-run development? How could JD overcome attacks from Alibaba and other competitors? Expected learning outcomes This case is appropriate for courses in e-business and strategy, particularly those with a strong focus on doing e-business in emerging markets (e.g. China). After studying the case, students should be able to: understand the e-commerce market in China; understand business models and key strategies of e-retailers; identify and analyse the pros and cons of the self-operated business model and self-built logistics system in e-commerce; learn how to evaluate performance, strategies and business models of e-commerce companies; and extract key trends in the market and compare different strategies. Supplementary materials Teaching notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Subject code: CSS 11: Strategy.

Business models for the now economy

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Art T. Weinstein
Keyword(s):  
Online Learning ◽  
Business Model ◽  
Customer Value ◽  
Business Models ◽  
Content Type ◽  
Digital Business Models ◽  
Business Practitioners ◽  
The Impact ◽  
Remote Learning

Purpose Business models are a key to success. This paper aims to identify the characteristics of the Now Economy, discuss the components of an effective business model, examine numerous e-commerce business models and provide an application of online learning. Design/methodology/approach The literature on business models is reviewed. E-commerce models are explored as a means for building competitive advantage in the Now Economy. An in-depth case study of remote learning in universities illustrates the development of a sound digital business model. Findings Business models explain where and how an organization competes and the financial feasibility of its strategy. Digital business models create market differentiation or disruption. This paper explains 20 e-commerce business models and offers an in-depth view of the opportunities and challenges in the online learning sector. Research limitations/implications Building on the literature, this work is conceptual and presents a case study. It is not an empirical study. A three-point agenda for scholars includes research on speed and service in business models, assessing the impact of customer value and examining the market power of Big Tech. Practical implications The digital component of the economy is growing annually. Business practitioners must respond by developing winning business models. The remote learning application is particularly relevant given today’s changing educational market. Originality/value While there has been considerable research on business models, there has been limited work on digital business models, which is the focus of this article.

The Impact of Cloud-Based Digital Transformation on IT Service Providers

2017 ◽  
Vol 7 (4) ◽  
pp. 1-19 ◽  
Author(s):  
Trevor Clohessy ◽  
Thomas Acton ◽  
Lorraine Morgan
Keyword(s):  
Cloud Computing ◽  
Business Model ◽  
Business Models ◽  
Service Providers ◽  
Digital Transformation ◽  
Focus Group Study ◽  
Model Framework ◽  
It Service ◽  
Technology Service ◽  
The Impact

Cloud-based digital transformation is having a profound impact on new and incumbent information technology service providers. In transitioning from traditional to cloud-based service provision, some IT service providers are experiencing substantial difficulties in realizing effective business models. Taking the perspective of 20 large business model mature and small and medium enterprise born-on-the-cloud multinational IT service providers, this focus group study contributes to the dearth of research examining the broader impact of cloud computing on IT service providers' business model. The study provides two core insights. First, using the STOF business model framework, the paper provides a vivid contextual understanding of the nuanced impact of cloud computing along four core business model domains: service, technological, organisational and financial. Second, the study identifies a number of salient challenges which are impacting IT service providers' efforts to effectively leverage the benefits of cloud-based digital transformation.

scholarly journals The Importance of Business Model Factors for Cloud Computing Adoption: Role of Previous Experiences

Organizacija ◽  
2017 ◽  
Vol 50 (3) ◽  
pp. 255-272 ◽  
Author(s):  
Kristina Bogataj Habjan ◽  
Andreja Pucihar
Keyword(s):  
Cloud Computing ◽  
Business Model ◽  
Business Models ◽  
Service Providers ◽  
Organizational Factors ◽  
Research Results ◽  
Computing Services ◽  
Cloud Computing Adoption ◽  
Cloud Computing Services ◽  
The Impact

Abstract Background and Purpose: Bringing several opportunities for more effective and efficient IT governance and service exploitation, cloud computing is expected to impact the European and global economies significantly. Market data show that despite many advantages and promised benefits the adoption of cloud computing is not as fast and widespread as foreseen. This situation shows the need for further exploration of the potentials of cloud computing and its implementation on the market. The purpose of this research was to identify individual business model factors with the highest impact on cloud computing adoption. In addition, the aim was to identify the differences in opinion regarding the importance of business model factors on cloud computing adoption according to companies’ previous experiences with cloud computing services. Methodology: Based on literature review, prior research results, and interviews with cloud computing providers and users, a research model was developed. Statistical analysis focused on identification of factors’ importance on cloud computing adoption and differences in opinions according to respondents’ previous experiences with cloud computing services. The study was done among 80 companies and five major cloud computing providers in Slovenia. Results: The research results reveal statistically significant differences in opinions on the importance of cloud computing business model factors according to respondents’ previous experiences with cloud computing services. The results can provide orientation for redesign or innovation of existing business models towards the creation of a customer-oriented business model for the more successful exploitation of cloud computing services and business opportunities. For potential users, the findings represent guidelines for the successful adoption of cloud computing services. Conclusions: In our research, the investigated business model factors could be classified into so-called “business model organizational factors”, as they primarily need to be considered by cloud service providers when defining or innovating their business models. For future research, the model should also include the impact of environmental factors, such as Competition, Business Partners, Legislation, Economic Situation, in order to investigate their impact on cloud adoption.

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