Search results for "Business Strategy"
showing 10 items of 12 documents
A dynamic business modelling approach to design and experiment new business venture strategies
2018
Abstract Business Modelling has evolved as a key activity to reflect new business venture strategy by framing the way a firm will operate and how it will function in achieving its goals (e.g., profitability, growth, innovation, social impact). However, scholars and practitioners have criticized the adoption of a too static perspective in the design and use of conventional Business Model representations. Such a static perspective prevents nascent entrepreneurs experimenting with their Business Models and, as a result, identifying the most effective strategies, especially in terms of business sustainability and profitability. In this paper, we argue that combining conventional Business Model …
What have we learnt about board gender diversity as a business strategy? The appointment of board subcommittees
2018
This is the pre-peer reviewed version of the following article: What have we learnt about board gender diversity as a business strategy? The appointment of board subcommittees, which has been published in final form at https://doi.org/10.1002/bse.2226. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. This paper explores whether a board's gender diversity influences the voluntary formation of its board subcommittees. Female board directorship may become a business strategy for firms if it affects the appointment of board subcommittees. We hypothesize that the voluntary creation of board subcommittees is affe…
Conceptualization and Examination of Success Factors in the Banking System
2016
Abstract Banking competition has intensified in recent years, largely due to globalization, technological process and economic instability. The banking system in this context is supplied with considerable challenges, with customers’ characteristics, needs and desires consistent with the current environment (globalization, technological change and economic crisis). It is necessary to identify those features that contribute to the development of competitive advantage. In this sense, this paper shows the results of the analysis of success factors in the banking system. To obtain the results the following methods were used: in-depth questionnaire (for experts), questionnaire (for customers), ob…
Supporting start-up business model design through system dynamics modelling
2017
Purpose The purpose of this paper is to explore how system dynamics (SD) modelling can provide a methodological support to business model (BM) design with the intent to better communicate business strategy and manage performance. Design/methodology/approach After a literature review of the field and an analysis of the strengths and limitations of conventional BM frameworks, the paper illustrates and discusses an approach that combines such a framework with SD modelling. A single-case study design was selected to explore the implications and limitations of using this combined approach to business modelling. Findings The methodological support provided by SD to BM design may effectively impr…
Marketing Research Regarding the Usage of Online Social Networking Sites by High School Students
2013
This paper aims to present the concept of online social networks (OSN) and its evolution in the world of business as well as several important advantages and disadvantages of using online social networking sites. We are presenting a quantitative research on the main reasons for using online networking sites by high schools students from the several counties of Romania. The authors will present the results of the research which underline: the main activities undertaken by students with this new communication tool, the average number of friends the students have and the selection criteria for them as well as the influence level of OSN sites on the life and activity (school and private) of the…
Conceptualizing Innovative Business Planning Frameworks to Improving New Venture Strategy Communication and Performance. A Preliminary Analysis of th…
2017
Business planning is a fundamental activity that start-up entrepreneurs are called to carry out in order to attract new investors, business angels, and venture capitalists, to subsidize a new business idea. The key-tool universally used to communicate a new venture strategy to these players, as well as to other stakeholders, is the business plan, i.e. a framework including the business idea description, the product(s), the market sector(s), the core-assets, the budget, the business sustainability and profitability, and so on. As such, a major success factor for drawing up a business plan is the capability to clearly and synthetically communicate the business strategy. Among the others, one …
Does business strategy and management control system fit determine performance?
2021
PurposeThis study examines the relationship between business strategy, management control system (MCS) type and performance. Does the alignment of organisation business strategy and MCS fresult in better performance?Design/methodology/approachThis study draws on the business strategy and MCS type literature to identify business strategies and MCS types. A scoring method was used to identify business strategy types and cluster analysis to identify MCS types from a sample of 80 firms and 621 firm-years of data. Analysis of variance was used analyse the differences.FindingsFour types of MCS were identified and were labelled clan, adhocracy, market and hierarchy. The sample was split into defen…
A Practical Approach to EA Planning and Development: the EA Management Grid
2004
Enterprise Architecture is gaining interest as a managerial tool for managing corporate ICT assets and their interplay. Our prior studies indicate that an ICT provider’s viewpoint on EA consulting, planning and development seems to be lacking in the proposed methodologies. Considering both literature and practical EA cases, we suggest an approach that supports restricted assignments in EA management. We present an EA Grid for the management of EA descriptions, requirements, constraints, as well as project tasks and deliverables, task preliminaries and dependencies in EA consulting and development. peerReviewed
Bringing strategy back into financial systems of performance measurement: integrating EVA and PBC
2012
This paper proposes a performance and cost measurement system that integrates the Economic Value Added criteria (EVA) with Process Based Costing (PBC). The EVA-PBC methodology allows us to implement the EVA management logic non only at the firm level, but also at lower levels of the organization. We discuss the role of EVA-PBC methodology in bringing strategy back into financial performance measures.
The London Stock Exchange: Strategic Corporate Governance Restructuring After Demutualization
2014
International audience; This study uses the London Stock Exchange (LSE), forced to demutualize due to major changes in its business environment, notably due to increased competition and technological advances, as field experiment to study corporate governance restructuring to adapt to new market conditions. The LSE improved its financial situation after demutualization and is an example of successful corporate governance restructuring. The LSE significantly restructured the composition of its board of directors following demutualization. The number of exchange members on the LSE board decreased after demutualization while the number of independent directors increased, pointing to a more “mo…