Business Model Reconstruct and Innovation: A Case Study in Construction Company in Indonesia

Endah Mutiara Sari () and Mahfudz Mahfudz
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Endah Mutiara Sari: Universitas Diponegoro, Master of Management
Mahfudz Mahfudz: Universitas Diponegoro, Master of Management

A chapter in Proceedings of the 2nd International Conference on Management and Business (ICOMB 2023), 2024, pp 49-58 from Springer

Abstract: Abstract The purpose of this study is to reconstruct the business model and identify business model innovation using the uncaptured value in company S. The qualitative case study was conducted at one of the construction companies in Central Java. This research used in-depth interview techniques with seven informants who had managerial work backgrounds. The research results revealed various elements of the business model at company S in the canvas business model concept. Business model innovation through uncaptured value in this research found the need to innovate in critical resources (adding company system and regulations, scales, AMP machine, truck mixers, stone crusher machine, and improving human resources), customer relationship (adding customer satisfaction survey), key activities (adding employee coaching and training, improving material storage and production improving project search activity), key partners (banks), channel (add a bundle of promo), and cost structure (repress value of maintenance of production equipment).

Keywords: Business Model Canvas; Business Model Innovation; Uncaptured Value (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-402-0_6

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