Abstract
This chapter discusses changing requirements of industry competitiveness in terms of five flows: (1) Productivity; (2) Quality Excellence; (3) Value Chain Capabilities; (4) Ecosystem Sustainability; (5) BoP and ToP Interface Capabilities. Each of these flows is explained, with their primary characteristics and associated strategic priorities described.
The evolution of management models represents the emergent result of bottom-up and top-down innovation and selection. It is driven by the tension between the possibilities opened up by technological revolution and the constraints created by established organizational paradigms and practices….Actors involved in creating, theorizing, and diffusing organizational innovations play an important role in shaping management models and concepts and thereby in shaping organizational paradigms. (Z. Bodrozˇic and P. S. Adler on “The Evolution of Management Models: A Neo-Schumpeterian Theory”).
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Hong, P., Park, Y.W. (2020). Evolution of Business Models. In: Rising Asia and American Hegemony. Springer, Singapore. https://doi.org/10.1007/978-981-13-7635-1_5
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DOI: https://doi.org/10.1007/978-981-13-7635-1_5
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