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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.
Published by: Springer Gabler
Publication Date: 2014-02-12
Format: Paperback
ISBN-13: 9783658050931
DOI: 10.1007/978-3-658-05094-8
Dimensions: 210cm x148cm
Pages: 184