Managerial Opportunity Recognition in Business Model Innovation

Managerial Opportunity Recognition in Business Model Innovation PDF Author: Marijan Topic
Publisher: GRIN Verlag
ISBN: 3668562601
Category : Business & Economics
Languages : en
Pages : 165

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Book Description
Master's Thesis from the year 2017 in the subject Business economics - Business Management, Corporate Governance, Friedrich-Alexander University Erlangen-Nuremberg, language: English, abstract: The goal of this Master’s thesis is to examine the relationship between managerial OR and business model innovations (BMIs) in established organizations. In order to meet the complexity of the topic, this thesis is focused on factors that hinder or help managers in recognizing business opportunities. Focusing on incumbent firms, this paper conducts further research to identify the main influencing factors, including challenges, vulnerabilities, and obstacles. The thesis is divided into six parts, starting with a brief description of the research topic, including the problem position and objective. Second, a literature review is conducted to summarize the state of research, including theoretical foundations. In today's scientific literature the two fields of research BMI & OR are by no means treated independently from each other. For the time being BMI and OR are considered independently of each other. It is then shown exactly how current literature treats managerial OR with respect to BMI. The results are then synthesized into a summary, highlighting what is known and not known. The areas of controversy in the literature are identified and questions are formulated that need further research. The third part of the thesis consists of expert interviews. Derived from the literature review, a guideline for interviews is developed to treat the research gaps in an appropriate way and to meet the complexity of the task setting. The explorative survey aims to identify the challenges and drivers of managerial OR in BMI and to identify approaches that have not yet been addressed in scientific literature to a significant extent. The core of the analysis is the splitting of the BM into the elements value proposition, value creation, and value capture. This ensures that all the facets of a company ́s BM are accurately addressed and form the basis for high-quality results. In order to cover a broad range, the paper does not focus on a certain industry. The interviews are conducted with an array of decision-makers in organizations that have attempted or are currently attempting to innovate their BM at the business unit level or the corporate level. [...]

Opportunity Recognition

Opportunity Recognition PDF Author: Andreas Engelen
Publisher: Springer Nature
ISBN: 3658398116
Category : Business & Economics
Languages : en
Pages : 275

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Book Description
The textbook contains a comprehensive presentation of tools that can be used to systematically generate innovative ideas for new business growth ("opportunities"). In practice, it can be observed that companies make considerable efforts to identify ideas for innovations that can decisively shape their industry. The reason for this is not least the knowledge that a missed wave of innovation can lead to major problems for the entire company. A central finding of business management research is that ideas for generating future growth opportunities are often not a product of chance, but the results of systematic analyses. The authors provide a structured and comprehensive overview of the most important tools for identifying new growth opportunities. They distinguish between company-related, market-related and environment-related approaches, incorporate numerous practical examples and provide application-oriented assistance with these tools. The second edition of the book incorporates the latest research findings, some examples have been updated and supplemented, and the book has been expanded to include practical application tasks for teaching and practical workshops.

Proceedings of the 2023 3rd International Conference on Enterprise Management and Economic Development (ICEMED 2023)

Proceedings of the 2023 3rd International Conference on Enterprise Management and Economic Development (ICEMED 2023) PDF Author: Gaikar Vilas
Publisher: Springer Nature
ISBN: 9464632240
Category : Business & Economics
Languages : en
Pages : 444

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Book Description
This is an open access book. 2023 3rd International Conference on Enterprise Management and Economic Development (ICEMED2023) will be held in Xi'an, China on May 12–14, 2023. Enterprise management is the general term for a series of functions such as organizing, planning, commanding, supervising and regulating the production and operation activities of enterprises. Relative to economic growth, economic development is the core concept of development economics. Economic development refers to the high-quality development of the economy, including quality and quantity, rather than merely the growth of quantity. Enterprise management covers economics, management, business management, financial management, human resource management and other aspects, and is a comprehensive interdisciplinary science that spans natural science, engineering science, technical science and humanities and social science. Enterprise management comes into being with the development of modern socialized mass production. The use of modern management means and methods to manage enterprises, ensure the survival and development of enterprises, and play a positive role in promoting economic development. ICEMED2023 will bring together experts and scholars from relevant fields to discuss the relationship between enterprise management and economic development. Reasonable enterprise management is an important way to promote the economic development of enterprises. Scientific and reasonable use of industrial and commercial enterprise management knowledge can reasonably carry out effective macro-control on the enterprise economy and ensure the stable progress and development of the enterprise economy.

The Business Model Innovation Process

The Business Model Innovation Process PDF Author: Yariv Taran
Publisher: Routledge
ISBN: 1000521230
Category : Business & Economics
Languages : en
Pages : 198

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Book Description
Business Model Innovation Process: Preparation, Organization and Management examines a range of critical questions that merit thoughtful interdisciplinary consideration, such as: Why do business models, and their innovation in particular, matter today? How can the process of business model innovation be understood, organized and managed adequately under increasingly volatile, uncertain, complex and ambiguous technological, business and geo-political conditions? What should decision-making and risk-management look like under these conditions, with managers whose rationality is bounded? The book offers a detailed account of the relatively unknown process of business model innovation by looking into the intersection of strategic, operations and innovation management, organizational design, decision-making and performance management. In doing so, this book addresses fundamental issues, and introduces new ideas and theoretical perspectives. In envisioning and thinking about various potential scenarios of business model innovation and understanding how to organize for each of these under different conditions, the book provides original arguments and suggestions for practitioners. For that purpose, the book also offers many compelling real-life examples of business models and their innovation. Combining theory and practice, this book is an essential read for researchers and academics of business model innovation, as well as strategic management, digital transformation, innovation management and organizational change. It will also be of direct interest to practitioners and business leaders seeking new perspectives to increase their competitive advantage.

Opportunity Recognition in Entrepreneurial Teams. Discussion Processes and Creative Outcomes

Opportunity Recognition in Entrepreneurial Teams. Discussion Processes and Creative Outcomes PDF Author: Tilman Tunk
Publisher: GRIN Verlag
ISBN: 3668994099
Category : Business & Economics
Languages : en
Pages : 83

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Book Description
Master's Thesis from the year 2017 in the subject Business economics - Company formation, Business Plans, grade: 1,0, Technical University of Munich (TUM School of Management), language: English, abstract: This thesis is approaching this issue of opportunity recognition based on team creative cognition and a product-oriented view at creativity, and thus at how the team discussion process of idea-generation is shaping entrepreneurial opportunities. Substantial gains can be made by entrepreneurial teams when recognizing promising business ideas. Academic research at the intersection of entrepreneurship and cognition has thus recently focused on how entrepreneurial teams generate business ideas and opportunities in order to understand the team decision processes of recognizing original and feasible opportunities. Therefore, creativity (original and feasible outcome) in its multifaceted cognitive manner plays an essential role in generating ideas. However, empirical research on the influence of entrepreneurial team cognition (ETC) on the generation, recognition, and configuration of such ideas is still lacking. Based on existing literature in creative cognition the entire idea-generation process is operationalized through convergent and divergent thinking phases and analyzed through conducting a quantitative experiment to examine possible relationships between the created variables. It turns out, that in convergent thinking, entrepreneurial teams generated and recognized less original but more feasible idea sets and final opportunities. In this regard, divergent thinking has an enhancement effect on original sets of ideas. These first findings are finally discussed against the background of ETC and shown to help to facilitate entrepreneurship research in this context to new insights separated from personal creativity skills, and further to assist entrepreneurs in recognizing opportunities in a practical way.

Effectuation

Effectuation PDF Author: Sarasvathy, Saras D.
Publisher: Edward Elgar Publishing
ISBN: 1839102586
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
To effectuate is to engage in a specific type of entrepreneurial action. It has special importance for situations where the future is truly unknowable or human agency is of primary importance. In this new and updated edition of the bestselling Effectuation, Saras Sarasvathy explores the theory and techniques of non-predictive control for creating new firms, markets and economic opportunities.

The Deliberative Frugal Mindset : a Model of Managerial Opportunity Recognition for Frugal Innovation

The Deliberative Frugal Mindset : a Model of Managerial Opportunity Recognition for Frugal Innovation PDF Author: Malte Krohn
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Digital Technology and Changing Roles in Managerial and Financial Accounting

Digital Technology and Changing Roles in Managerial and Financial Accounting PDF Author: Allam Hamdan
Publisher: Emerald Group Publishing
ISBN: 1804559741
Category : Business & Economics
Languages : en
Pages : 305

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Book Description
Digital Technology and Changing Roles in Managerial and Financial Accounting explores the profound impact of digital technology on the accounting profession.

ICICKM 2017 14th International Conference on Intellectual Capital Knowledge Management & Organisational Learning

ICICKM 2017 14th International Conference on Intellectual Capital Knowledge Management & Organisational Learning PDF Author: Prof. Eric Tsui
Publisher: Academic Conferences and publishing limited
ISBN: 191121862X
Category : Business & Economics
Languages : en
Pages : 421

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Book Description


Value Creation through Shaping Opportunity - The Business Model (Chapter 10 from Disrupt Together)

Value Creation through Shaping Opportunity - The Business Model (Chapter 10 from Disrupt Together) PDF Author: Stephen Spinelli Jr.
Publisher: FT Press
ISBN: 0133950298
Category : Business & Economics
Languages : en
Pages : 67

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Book Description
To successfully innovate, you must bridge the gulf between back-of-the-napkin sketches and business success. It's called "opportunity shaping": taking your ideas from theoretical greatness to real value delivery and capture. Now, learn how to successfully shape your opportunities – and how to integrate opportunity shaping into a complete innovation framework that works. Value Creation through Shaping Opportunity - The Business Model is part of Philadelphia University's breakthrough approach to innovation: one that links business, design and engineering, and delivers extraordinary results in both new and existing ventures. First, Dr. Stephen Spinelli and Heather McGowan introduce this "Disrupt Together" approach, explain its deep roots in design thinking, and show how it generates far more high-value ideas for innovation. Next, D. R. Widder drills down to focus specifically on the crucial opportunity shaping tasks that must be performed well in order to successfully execute on your new product, service, or venture. Widder shows how to forge and reshape your idea as it contacts more of the real-world environment, reflecting feedback from customers, advisors, suppliers, stakeholders, and the competitive and macroeconomic environment. You'll learn how to use continual feedback to refine and retool... gain objectivity and highlight weak spots... systematically strengthen your idea as is moves towards the marketplace. Value Creation through Shaping Opportunity - The Business Model is one of 15 e-chapters addressing all facets of innovation, from design processes and team development to business models and value delivery. Each is crafted by a pioneering business innovator – and they all integrate into today's most coherent, realistic blueprint for innovation. For all entrepreneurs, executives, managers, strategists, and students who want to drive more value from innovation. D. R. Widder, Vice President of Innovation at Philadelphia University, is a catalyst for innovation in areas such as entrepreneurship, online learning, analytics, and partnership development. His 20-year career in industry has included multiple high-tech ventures and patents spanning artificial intelligence, medical imaging, and sustainable products, as well as an entrepreneur-in-residence role at IBM. D. R. is on the executive committee of the early-stage venture investment and advisory group RVI. He holds an M.S. degree in Engineering with a focus on Applied Mathematics, and an MBA in Entrepreneurship from Babson College.