0000000000418687

AUTHOR

Hannele Haapio

0000-0003-1247-6199

showing 4 related works from this author

An effectual approach to executing dynamic capabilities under unexpected uncertainty

2022

This study investigates how business-to-business (B2B) firms navigate contexts of unexpected uncertainty. Building on the theories of effectuation and dynamic capabilities, the study develops a model that highlights how effectual decision-making logic is manifested in the activities B2B firms employ to sense and seize new opportunities and threats and transform existing business operations. The qualitative data were collected in two phases (before and after the COVID-19 outbreak) and consisted of 24 interviews with 13 B2B firms. The findings demonstrate a strong reliance on managers' effectual decision-making in situations of unexpected uncertainty and provide a set of key activities that h…

Marketingjohtaminenorganizational agilityliiketoimintapäätöksentekoorganisaatiotdecision-makingeffectuationuncertaintydynaamiset kyvykkyydetdynamic capabilitiesepävarmuus
researchProduct

Implications of the COVID-19 pandemic on market orientation in retail banking

2021

AbstractThis qualitative study examines the implications of the COVID-19 pandemic on the implementation of market orientation (MO) in the context of retail banking. The findings show that MO was significantly reflected in the behaviors of banks upon encountering the COVID-19 situation, with the banks increasing their MO in response to the crisis. This study finds subcategories based on the empirical data that explain the implementation of MO in more detail. Overall, the findings provide valuable conceptual and managerial insights into the modus operandi of banks during a crisis and offer new best practices for the banking industry.

kriisitCoronavirus disease 2019 (COVID-19)Best practiceFinancial systemContext (language use)market orientation0502 economics and businessPandemicMarketingFinancial servicesverkkopalvelutMarketingsopeutuminendigital bankingpankitbusiness.industry05 social sciencesCOVID-19retail bankingpankkialataloudellinen tilaRetail bankingDigital bankingMarket orientationRetail banking050211 marketingOriginal Articlebusiness050203 business & managementFinanceQualitative researchpankkipalvelutMarket orientationJournal of Financial Services Marketing
researchProduct

How emotions are considered crucial on an omnichannel banking environment in gaining customer loyalty

2018

Emotions have been studied in a marketing context for years. However, the rapid change of digital channels and customers’ omnichannel behavior emphasize the need to further investigate how emotions are considered to play role in customer satisfaction and through that to customer loyalty. Purpose of this chapter is to study emotions in omnichannel environment, and their contribution to customer loyalty, especially in the context of retail banking. peerReviewed

OmnichannelasiakassuhdeasiakastyytyväisyystunteetrahoituspalvelutasiakasuskollisuusBusinessMarketingfinancial servicespankkipalvelutLoyalty business model
researchProduct

Antecedents of Market Orientation in The Banking Sector During Its Digital Transformation

2019

Firms are under increasing pressure to remain relevant for their customers and need to rethink how to remain market-oriented in the digital age. This is evident in the banking sector where the traditional banks are gradually being challenged by digital native competitors and growing customer demands. Consequently, this study examines what it takes to be market oriented in the banking sector at the age of increasing digitalization. Specifically, we focus on developing the theory on the antecedents of MO and examine how banks can regain market orientation under changing market conditions. Although Market Orientation (MO) has been a widely studied concept that has been applied in numerous diff…

banking sectorbusiness.industrytouchpointsDigital transformationretail bankingFinancial systempankkialaBanking sectormarket orientationMarket orientationRetail bankingdigital transformationBusinessdigitalisaatiopankkipalvelutHumanizing Technology for a Sustainable Society
researchProduct