In the last lecture of our course, we will explore the process of implementing business model innovations. We will discuss different strategy implementation processes and examine how you can assess thefeasibility of potential business model innovations. Finally, we will discuss the characteristics of solid and effective advice.
After attending this lecture, youshould be able to…
- Understand how you can assessthe feasibility of potentialbusiness model innovations
- Understand the strategy implementation processes and describe the similarities and differences between the structural control, adaptive, and integrated views onstrategy implementation
- Identify the key elements of good advice
- Collis, D. J. (2021). Why do so many strategies fail? Harvard Business Review, 99(4), 82–93.2.
- Weiser, A.-K., Jarzabkowski, P., & Laamanen, T. (2020). Completing the adaptive turn: An integrative view of strategy implementation. Academy of Management Annals, 14(2), 969–1031. https://doi.org/10.5465/annals.2018.0137
This lecture is part of the Business Model Innovation course at the Radboud University Nijmegen. In an increasingly interconnected world, organizations are confronted with unprecedented levels of turbulence, uncertainty, and complexity. Global trends such as rapid urbanization, climate change, global economic power shifts, digitalization influence the effectiveness and efficiency of existing business models. To ensure future competitive success, organizations must rethink the way they create, deliver, and capture value. This course teaches students how to redesign an organization’s business model and make it future-proof.