Przeglądaj Business Model Innovation - A Concept Between Organizational Renewal and Industry Transformation, 2015, vol. 11, issue 1 wg Temat "flexibility"
(Nowy Sacz School of Business – National-Louis University, 2015) Müller, Christiana; Vorbach, Stefan
Companies today face volatile environments, short product life cycles, and changing
customer requirements, which is especially the case in high-technology fields. In
such environments, concentrating only on technological and product innovations is
not sufficient to gain competitive advantages. Instead, companies need innovative
business models in order to stand out from their competitors. To successfully
change business models, companies require appropriate competencies. Thus, the
objective of this research is to identify how companies can prepare their business
model(s) to counteract environmental changes flexibly. With the aid of the chosen
exploratory, qualitative research design, we investigate companies operating in high-
technology branches. In total, 20 companies participated in our study. The interviews
were conducted with CEOs, vice-presidents, product managers or other managers
responsible for business model developments. The research revealed that companies
can prepare the business model and its elements ex ante through developing
capabilities in order to raise the flexibility of the business model. These capabilities
have to be developed with regard to several internal and external issues driving these
changes.