This book explores many key areas of business science and practice. It is mainly centred on the field of strategic management with a special focus on the concept of business models and the new dimensions of the economy. In terms of economic conditions, the book discusses the principles of the sharing economy, the circular economy, and the networked economy. This multi-faceted approach makes the book holistic, creating a comprehensive image of a multidimensional market. It will appeal to theoreticians and scientists dealing with the issues of building and operationalising innovative business models, as well as students exploring the issues of strategic management and the new economy. Furthermore, it will also be of interest to business practitioners–– both entrepreneurs and top managers––who want to be business virtuosos, who can change their organisations and their business models.
"This book develops and presents the assumptions of business model in sharing and circular economy as a key determinant of the performance of the company embedded in the network. It also explores the relationship between the business model in sharing and circular economy and achieving company performance in a network environment"--
Economic changes in a globalized world require businesses to create new management practices to remain competitive and successful. While a network paradigm is a key management development, the effective application of this paradigm in organizational practice is complicated by differing interpretations and approaches. Therefore, it is important to thoroughly understand the applicable factors and mechanisms to an efficacious business network. Networked Business Models in the Circular Economy provides innovative insights into achieving synergy through the cooperation of many business partners and organizations and adapting operational strategies for the whole network. While highlighting topics such as smart mobility, digital solutions, and green supply chain, this publication is ideally designed for organizational managers, entrepreneurs, economists, management scientists, business analyzers, financial consultants, researchers, and students seeking current research on the dynamical contributions required to achieve mutual growth.
Natural resources, and the materials derived from them, represent the physical basis for the economic system. Recent decades have witnessed an unprecedented growth in demand for these resources, which has triggered interest from policy makers in transitioning to a more resource efficient and ...
Business Models for Sustainability breaks new ground by combining three important insights. First, achieving sustainability requires socio-technical transitions that entail new technologies, production processes, lifestyles, and consumption patterns. Second, firms play crucial roles in mediating between sustainable production and consumption. Third, radical innovations require organizational innovations and new business models. Peter Wells successfully combines these big picture ideas with rich in-depth case studies drawing on years of accumulated expertise. Highly recommended. Frank W. Geels, University of Manchester, UK and Chairman of the Sustainability Transitions Research Network With increasing awareness that innovative technology alone is insufficient to make sustainable lifestyles a reality, this book brings into sharp focus the need to create radical new business models. This insightful book provides a theoretically grounded but also realistic account of how the design of business models can be a critical component in the overall transition to sustainability, and one that transcends the usual focus on innovative technology. Weaving together key principles and components for business sustainability, the book highlights five very different pathways to the future for sectors ranging from microbreweries and printing through to clothing, mobility and plastics. Business has only just started the first few tentative steps towards a very different approach to creating and sustaining value, but this book concludes that enormous opportunities will emerge alongside new ways of creating and capturing value. Academics and postgraduate students in the fields of sustainable business, business organisations and industrial ecology will find this book brings a greater understanding of business strategy and structure to the discipline. While traditionally referenced and structured, this academic book is accessibly written with key principles that may also appeal to the consultant community.
Waste to Wealth proves that 'green' and 'growth' need not be binary alternatives. The book examines five new business models that provide circular growth from deploying sustainable resources to the sharing economy before setting out what business leaders need to do to implement the models successfully.
The modern mechanisms of strategic management are created by the dynamic changes which occur in today's business environment, which differs radically from how it operated a few years ago. In many cases, organizations do not fight for competitive advantage, but mere survival. The key determinant of business operations is ensuring continuity in business. Organizations operating in a quasi-profitable economy focus on capturing value through offering a unique value proposition by defining effective and efficient income generation logic. They trigger new values to survive in a turbulent environment. At the same time, they compete not only with products or services, but primarily with business models, which must generate new business space, possibilities and opportunities. Companies therefore need to scale this business, that is, to maintain a similar or better level of performance while increasing or decreasing the number of components and resources while adjusting the limits of the impact in the environment. Therefore, the key is to remain in business on the one hand, and to scale the business on the other. The former is often shaped by the principles of responsible business, the expression of certain values; while scaling is embedded in a resource-based concept based on selective adaptation to market realities and growth which generates revenue but does not excessively increase business costs. This is also related to the development of a certain symbiosis, synergy and symmetry in business and the scaling of the mechanisms of mutual proportions. The monograph presents these two areas of contemporary business. It refers, inter alia, to the concepts of business models in terms of market continuity, the principles of corporate social responsibility, value-based management, sustainable development, the mechanisms of building intercultural rules for doing business and risk management. The monograph consists of chapters covering both theoretical and practical aspects. It opens up many new research and application areas that can be used for the conceptualisation and operationalisation of business. The purpose of the monograph is to present modern business management trends aimed at business continuity and scaling with the use of various concepts, methods and tools for strategic and operational management. The monograph contains 20 chapters which deal with the sustainability and scalability of business -- theory and practice. The achievements of the monograph are: -determining key trends in the theory and practice of sustainability and scalability of business, defining key ontological beings and their use in the strategic and operational management of modern companies, presenting the new dimensions of sustainability and scalability as seen through the eyes of the international authors of individual chapters, the possibility of applying the solutions contained in the monograph. The Editor and Authors hope that the presented combination of theory and practice will satisfy the needs of readers, in particular the managers of modern companies, business consultants and researchers of business phenomena.
By presenting the conditions, methods and techniques of monetisation of business models in the digital economy, this book combines implementation of the theoretical aspects of monetisation with the presentation of practical business solutions in this field. The scope of the book includes the relationship between the monetisation and scalability degree of business models. The book describes the place and role of the digital business ecosystem in the process of digital transformation. It demonstrates ideological and functional conditions for the use of the concept of sharing to design innovative business models while also presenting a multi-dimensional approach to the use of Big Data and their monetisation in the context of business models. Digital Business Models shows the place and role of ecological and social factors in building digital business models that are part of the concept of the circular economy and presents the contemporary conditions of a sustainability concept that meets the ethical challenges of doing digital business. It demonstrates how important the social factors of business model design and the creation of social value are in modern business and demonstrates. The book explores the servitisation of digital business models using digital technologies and features case studies on the effective solutions of business models that use servitisation as a factor supporting the monetisation of business models. Written for scholars exploring the efficiency and effectiveness of business models related to contemporary concepts – Sharing Economy, Circular Economy, Network Economy, Big Data, so on – and those designing business models taking into account social aspects, it will also be of direct interest to entrepreneurship courses.
