The Business Model Innovation Process

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.

Yariv Taran, PhD, is an Associate Professor of Innovation and Organization at the Aalborg University Business School, Denmark. He received a BSc in Management and Sociology from the Open University of Israel, and an MSc in Economics and Business Administration from Aalborg University, from where he also received his PhD in Business Model Innovation. His research focuses on the management of risk and uncertainty in business model innovation processes. Other areas of research interests include decision-making, knowledge management, entrepreneurship and regional systems of innovation. He has published his research in a number of international journals including Decision Sciences, International Journal of Operations & Production Management, International Journal of Entrepreneurship and Innovation Management, Journal of Green Engineering, Journal of Business Models, and European Journal of Innovation Management.

Harry Boer is a Professor of Strategy and Organization at the Center for Industrial Production at Aalborg University, Denmark, and an honorary professor of Corvinus University of Budapest, Hungary. He holds a BSc in applied mathematics and an MSc and PhD both in management engineering, all from Twente University, the Netherlands. He has published on subjects such as organization theory, flexible automation, manufacturing strategy, and continuous improvement/innovation in the International Journal of Operations & Production Management, Journal of Production Innovation Management, Decision Sciences, the Journal of Manufacturing Technology Management, Creativity and Innovation Management, Production Planning & Control, and the international Journal of Technology Management. His research interest is in continuous innovation, the effective interaction between day-to-day operations, incremental change, and radical innovation. He is a managing editor of Creativity and Innovation Management.

Christian Nielsen, PhD, is Professor of Business Models and Performance Reporting at Aalborg University in Denmark. He currently serves as Head of the Aalborg University Business School. He is also the founding Editor of the Journal of Business Models as well as Editorial Board member of Accounting, Auditing and Accountability Journal and the Journal of Behavioural Economics and Social Science. Since initiating the establishment of the Business Design Lab in 2011, over 300 companies ranging from local start-ups and SMEs to multinationals with a global presence have seen the value of collaborating with Christian and his research team. The contributions of the research have led to published works in leading international scholarly journals. This reflects the broad international research network of Christian which spans Europe, the US, Australia and Asia.