 Strategies and the Momentum of Technological ChangeFriedrich Glauner
Chapter 1 in Future Viability, Business Models, and Values, 2016, pp 1-10 from Springer Abstract: Abstract Technological evolution has potential for new business models, but it also pulls the rug from underneath old industries, markets, or the basic assumptions of an economy that is still committed to broad and active participation. The threat to their survival is putting companies under pressure. Developing lastingly viable strategies not only means understanding how markets are changing, but also knowing how participation in the basic economic and value creation processes can safeguard healthy consumership. Faced with markets and business processes that are becoming more and more dynamic, intricate, and densely packed, companies have three major issues on their strategic plates: first, they need to reinvent themselves, again and again. To survive in such markets, companies—second—need to reconcile the apparently irreconcilable: to be highly flexible and to be unmistakably unique. Third, companies need an unerring sense for finding the mechanisms that actually deliver a competitive advantage in the haystack of data, relationships, and interdependencies they are sitting on. Coping with complexity seems to have become the essence of modern management. Date: 2016 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-319-34030-2_1 Ordering information: This item can be ordered from DOI: 10.1007/978-3-319-34030-2_1 Access Statistics for this chapter More chapters in CSR, Sustainability, Ethics & Governance from Springer |
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