Based on the author’s 30 years of consulting experience and validated by doctoral research, this book focuses on creating profitable growth with business model innovation in medium and large companies.
Arising from an increased need for systems thinking and technological development, there is a common understanding that a business model should primarily create, develop, and retain value for companies' customers. But increased globalization and resource constraints have led to a difficult balancing act when addressing the challenges of achieving profitable processes and long-term growth. This book provides a new framework, based on six central themes with five related success factors each, to enhance opportunities’ visibility, contribute to improved margins, increase awareness of a company’s unique strengths and weaknesses in overall resources, manage risk, and optimize implementation of a new model throughout an entire organization.
Owners, board members, and managers of medium and large companies worldwide, as well as advanced business students, will appreciate this detailed, practical, and clarifying approach to business model innovation.
Preface. Chapter 1: Introduction. Chapter 2: Strategy. Chapter 3: Existing business model. Chapter 4: Customer orientation. Chapter 5: Management. Chapter 6: Organizational structure. Chapter 7: Resources. Chapter 8: Summary. Index
Biography
Dr. Staffan Hedén has a long successful career as a business leader, consultant, and academic. For the past 30 years, he has been fully focusing on understanding and developing expert knowledge that contributes to healthy and profitable growth in medium and large companies, especially companies operating in several international markets. The knowledge that has been developed focuses on clarifying what strategies are required, understanding bottlenecks, using resources better, and being able to visualize unique abilities. At the core, it is about understanding how individuals best create performance and how different groups value loyalty. Dr. Hedén has been working with over 150 international groups of companies (in whole, parts or as a mentor), conducted more than 3,000 interviews focusing on business model innovation and created over 1,500 seminars in the field.
'Business innovation adventure' actually delivers on its promise to provide key and actionable insights on how business model innovation really works. This is a must-read book for C-suite members and aspiring leaders of change that may capitalize on Staffan's 30 years of experience as a practitioner-researcher, and radically improve their operations in the critical areas of strategy, structure and location, people and processes.
Dr Andreas Papanisiforou, Chief Financial Officer and Deputy Chief Executive Officer Uniteam Marine, Limmassol, Cyprus
In a market where the co-creation between startups and organizations accelerates the pace of innovation in an industry, Staffan offers leadership with a framework to steer their company. The insights and examples captured from Staffan’s years of business and research experience, with a broad range of industries, makes the Business Innovation Adventure applicable to all leaders.”
Steven Gonzales, Venture partner, Seldor Capital and Ecosphere Ventures
Houston, Texas, United StatesStaffan's book on business model innovation is a valuable read for anyone looking to develop their business models. The book is filled with valuable and insightful descriptions of pivotal moments that strengthen the development of business models. Each insight is incredibly valuable in its own right, but the main value of the book lies in its framework. The framework provides businesses with the tools they need to transform based on their legacy as well as opportunities, making it an indispensable resource for anyone looking to develop their business in a structured way. I recommend this book to anyone looking to transform their business model.
Staffan Movin, CEO Marketing Technology Center, MTC Stockholm
Stockholm, Sweden
Finally, a business model innovation book written by a practitioner for practitioners – filled with real cases of how business model innovation really works! Staffan has tediously compiled 150 insights through his work with many mid to large size companies over the last two and a half decades. If you are an entrepreneur or a C-suite executive looking at adopting business model innovation to create the competitive advantage for your organisation, this is the book to read!
Derrick Chang, Managing Director PSB Academy
Singapore, Singapore
In today's fast-changing business world, it's crucial for companies to consistently innovate and adapt to stay relevant and thrive in the long term. Business model innovation is crucial for identifying growth opportunities and staying relevant. However, the process is complex and requires proper guidance. This book offers practical insights and strategies for implementing business model innovation, making it a must-read for anyone looking to achieve lasting growth in the 21st century.
Hamad Buamim, Chairman - Dubai MultiCommodities Center
Honorary Chair - ICC World Chambers Organization
