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Full Description
The forces of volatility, uncertainty, complexity and ambiguity (VUCA) in today's world are shaping businesses and calling into question the wisdom of existing business models. VUCA challenges businesses to digitalize and transform in ways they had not contemplated before. This book looks at how successful businesses have revitalized and innovated their business models. It illustrates through cases how these businesses have adapted to new forms of globalization through the lens of Business Model Innovation (BMI) theories in a digital world.
This book's chapters are divided into three sections. The first section examines the existing literature, the second section focuses on business processes and behaviour, and lastly the third section presents four case studies of sustainable international businesses from sectors such the fashion and digital services industry. Paying attention to business decisions and outcomes, the contributors critically examine which theories and practices would be most applicable for a digitally transforming world.
This book provides insights that will interest researchers and academics in the fields of sustainable business, organizational change, and digital transformation, amongst others. Its observations into sustainable digital transformation may also interest business leaders and consultants.
Contents
Section 1: Theory 1. Digitalisation, Digital Services and Companies' Internationalisation: A Literature Review 2. The Role of the Two-Order Model for Digital Disruption in Strategy Formulation 3. Leading Organizations as Living Systems: Survival and Sustainable Evolution in Ecosystems 4. Circularity as a Mitigator for VUCA Impacts on Supply Chain 5. The Sustainable Business Model Innovation of Green Digital-born Globals 6. Influences of Ownership Structure on CSR Performance in Emerging Markets Section 2: Practice 7. Business Model Mechanisms for Overcoming the Liability of Platformization in International Digital Platform Firms 8. The Development of Best Practice Digital Disruption Competency Framework in Supply Chain Management 9. Business Models and Foreign Operation Modes of Digital Service Providers 10. Industry Model of Video Games Business in Kyoto 11. Value Propositions of Micro- and Small Enterprises in Digital Transformation of the Global Process Industry Section 3: Case Studies 12. From Sustainable Business Models to Social Innovation: The Case of Samsung and Art Crimes 13. Business Model Innovation Towards Ecosystem Sustainability: A Case Study of the Chinese Super League 14. Digital Transformation in Luxury Brands: Challenges in An Uncertain World 15. Growth Drivers of Digital Marketplaces
