This study adopts a dynamic capabilities perspective to explore the activities and processes through which business model innovations arise in established organisations. New and innovative business models are fundamental to the commercialisation of the latest technologies, performance, and competitive advantage, as well as value creation for customers, the focal company and its ecosystem. Yet, our current understanding of how established companies design and implement new business models is limited by a lack of empirical research. Based on a review of relevant literature, business model innovation is presented and explored as a dynamic capability.

The book subsequently uses proven methodologies to gather and analyse data from five case studies in the manufacturing, financial services, media, consulting, and healthcare industries. The framework developed here offers a novel understanding of how business model innovations come about in established organisations, a practice it dubs 'crafting business models in statu nascendi'.

Provides a novel understanding of how business model innovations are created Demonstrates the important role senior leadership plays in this process Provides a roadmap for executives by detailing the organisational and managerial activities necessary to create business model innovations

Autorentext

Marc Sniukas completed his doctoral research at Alliance Manchester Business School. He currently advises companies on strategic innovation, growth, and transformation.

Inhalt

1. Introduction.- 2. Literature Review.- 3. Research Design and Methodology.- 4. Findings from the Initial Sample of Five Research Sites.- 5. Findings from the Theoretical Sample of One Research Site.- 6. Discussion and Conclusion.