Realizing Business Model Innovation: A Strategic Approach for Business Unit Managers - Softcover

Trapp, Martin

 
9783658050931: Realizing Business Model Innovation: A Strategic Approach for Business Unit Managers

Synopsis

Today’s profound environmental dynamics render it increasingly difficult for firms to sustain business models with returns above the industry average. Business model innovation aims to seize a new opportunity by crafting the right new business model. It offers firms a path back to high returns and profitable growth. However, risk aversion and organizational rigidities may immobilize established industry players. Martin Trapp employs an explorative multiple-case study covering large European corporations to identify management practices. These practices support business unit managers in successfully realizing business model innovation and, together, establish a deliberate, strategic-level management approach.

"synopsis" may belong to another edition of this title.

About the Author

Dr. Martin Trapp conducted his doctoral research on business model innovation at the Chair of Industrial Management headed by Professor Kai-Ingo Voigt at the Friedrich-Alexander-University of Erlangen-Nuremberg.

From the Back Cover

Today’s profound environmental dynamics render it increasingly difficult for firms to sustain business models with returns above the industry average. Business model innovation aims to seize a new opportunity by crafting the right new business model. It offers firms a path back to high returns and profitable growth. However, risk aversion and organizational rigidities may immobilize established industry players. Martin Trapp employs an explorative multiple-case study covering large European corporations to identify management practices. These practices support business unit managers in successfully realizing business model innovation and, together, establish a deliberate, strategic-level management approach.

Contents

  • Definition of business model innovation in established firms
  • Placing business model innovation into the arena of corporate entrepreneurship
  • A conceptual business model innovation process model
  • Business model innovation management practices for business unit managers

Target Groups

  • Researchers and students in the fields of strategic management, corporate entrepreneurship and innovation management
  • Business-unit and corporate-level managers in established firms

The Author

Martin Trapp conducted his doctoral research on business model innovation at the Chair of Industrial Management headed by Professor Kai-Ingo Voigt at the Friedrich-Alexander-University of Erlangen-Nuremberg.

"About this title" may belong to another edition of this title.