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Purpose: The purpose of this article is to answer two research questions. The first is: what is the relationship between the business model and the behavioral strategy of companies? The second is: how does the business model determine behavioral strategy? Methodology: The research method of the literature review involved three stages. Stage one consisted of analyzing articles retrieved from Web of Science, Scopus and Google Scholar. Key words typed into the search engine were helpful in selecting articles. The following keywords were used: creative thinking, strategic thinking, business model, business model innovation, competitive strategy, behavioral strategy, organizational intelligence, strategic intelligence, intelligent organization. Stage two involved reviewing the selected articles. Stage three involved analyzing and synthesizing the content of the previously selected publications. In the end, a total of 125 selected articles in Polish and English were analyzed, of which 42 literature items were used in the article in the form of citations and references. Findings: The research confirmed the view that strategy and business model complement each other. Through feedback, they are interdependent on each other and coevolve. The business model is one of the determinants strongly influencing the shape of strategy. Research limitation: The research used a reductionist approach, and therefore ignored numerous other contextual determinants of behavioral strategy. The research focused only on the business model as a determinant of behavioral strategy and on the feedbacks occurring between the studied elements of the concept. Originality/value: The originality of the concept is reflected in its dynamic nature. The dependency analysis is set in a broader context that includes organizational intelligence and intelligent market behavior of enterprises. The concept is valuable because it takes a dynamic approach to clarifying the issue of the business model as a determinant of strategy. A cognitively interesting study could provide an answer to the question: what types of business models are the highest basis for building competitive advantage as one of the elements of strategy.
Rocznik
Tom
Strony
535--553
Opis fizyczny
Bibliogr. 41 poz.
Twórcy
autor
- University of Gdansk
Bibliografia
- 1. Amit, R., Zott, C. (2010). Business model innovation: Creating value in times of change, No. 870. SSRN eLibrary.
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- 5. Bigelow, W.S., Barney, J.S. (2021). What can strategy learn from business model approach? Journal Of Management Studies, 58(2).
- 6. Bilton, C., Cummings, S. (2010). Creative strategy: reconnecting business and innovation. Wiley.
- 7. Braun, M., Latham, S., Cannateli, C.(2019),. Strategy and business models: why winning companies need both. Journal of Business Strategy, Vol. 40, No. 5.
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- 10. Chesbrough, H., Rosenbloom, R.S. (2002). The role of the business model in capturing value from innovation: evidence from Xerox corporation's technology. Industrial and Corporate Change.
- 11. Drzewiecki, J. (2011). Business model versus organizational strategy: Similarities, differences. Science of Management, 108. Wroclaw: Wroclaw University of Economics.
- 12. Drzewiecki, J. (2016). Business model variability in the context of organizational innovation. Management Forum. Wroclaw: Publishing House of the Wroclaw University of Economics.
- 13. Dyduch, W. (2013). Creative organizational strategy. Scientific papers of the University of Economics at Katowice, No. 224. Katowice.
- 14. Encore, J. (2013) Innovative business model - a way to increase competitive advantage. In: B. Kozuch (ed.), Entrepreneurship and Management, vol. XIV, notebook 13. Lódz: Publisher of Social Academy of Sciences.
- 15. Evens, S., Wladimirova, D., Holgado, M., Van Fossen, K., Yang, M., Silva, E., Barlow, C. (2019). Business model innovation for sustainability. Towards a unified perspective for creation Business Models. Business Strategy, and the Environment.
- 16. Falencikowski, T. (2013). Coherence of business models. Concept and measurement. Warsaw: CeDeWu.
- 17. Gajdzik, B., Grabowska, S. (2018). Business models in enterprises 4.0 - an attempt to Identifying the assumptions used to determine new business models. Management enterprises, Vol. 21/3. Katowice: Silesian University of Technology.
- 18. Gassmann, O., Frankenberger, K., Csik, M. (2017). Business model navigator. Gliwice: Helion Publishing House.
- 19. Holstrom, J. (2022). Busines model innovation under strategic transformation. Technology Analysis and Strategic Management, 34(5).
- 20. Johnson, M.W., Christensen, C.M., Kagermann, H. (2008). Reinventing your business model. Harvard Business Review, 86(12).
- 21. Lanzola, A., Markides, S. (2021). A business model view of strategy. Journal of Management Studies, 58(2). Willey & Sons Ltd.
- 22. Magretta, J. (2002). Why business model's matter. Harvard Business Review, 80(5).
- 23. Mansfield, G., Fourie, L. (2004). Strategy and business models-strange bedfellows? A case for convergence and its evolution into strategic architecture. South African Journal of Business Management.
- 24. Morris, M., Schindehutte, M., Allen, J. (2005). The entrepreneur's business model: toward a unified perspective. Journal of Business Research, 58(6).
- 25. Natasha, S., Shahid, S. (2021). Exploring business model innovation for competitive advantage: a A lesson from an emerging market. Journal of Innovation Science, Vol. 13, Iss. 4.
- 26. Nogalski, B., Szpiter, A., Jablonski, M. (2016). Project management in shaping the flexible business models of distribution system operators. Gdańsk: University of Gdansk Publishing House.
- 27. Novidia, A., Gunawan, W., Aqung, E., Adhiansyah, L.K. (2022). Correlation of relationship business model and business strategy. Proceedings-International Conference on Cybernetics and Computational Intelligence.
- 28. Osterwalder, A. (2004). The business model ontology - a proposition in a design science approach. Universite de Lausanne.
- 29. Osterwalder, A., Pigneur, Y. (2010). Business model generation: A handbook for visionaries, game changers, and challengers. Wiley.
- 30. Rudny, W.(2014). Business model in company strategy. Scientific Works of Walbrzych College of Management and Entrepreneurship, Vol. 27, Strategic Management. Development Concepts and Methods. R. Krupski (ed.). Walbrzych.
- 31. Rybicki, J., Dobrowolska, E. (2017). Flexibility versus consistency in business models. Lodz: Studia Economics of the Łódź Region, PTE Branch in Lodz.
- 32. Santos, J., Spector, B., Van der Heyden, L. (2009). Toward a theory of business model innovation within incumbent firms. Fontainebleau: INSEAD.
- 33. Seddon, P.B., Lewis, G.P., Freeman, P., Shanks, G. (2004). The case for viewing business models as abstractions of strategy. The Association for Information Systems, 13(1).
- 34. Snihur,Y., Eisenhardt, K. (2022). Looking foreward, looking back: Strategic organization and the business model concept. Strategic Organization, 20(4).
- 35. Tabaczewska, E. (2004), Traditional - learning - intelligent organization: differences and similarities. Organization Review, No. 3.
- 36. Teece, D.J. (2010). Business models, business strategy and innovation. Long Range Planning, Vol. 43.
- 37. Wells, J.R. (2014). Strategic intelligence. Poznan: EBIS Publishing House,.
- 38. Westerveld, P., Fielt, E., Desousa, K.,Gable, G. (2023). The business portfolio as a strategic tool for value creation and business performance. Journal of Strategic Information Systems, 32(1).
- 39. Wierzbiński, M. (2015). Business model versus strategy and strategic management. Scientific papers University of Economics in Wroclaw, No. 398. Wroclaw.
- 40. Wierzbiński, M. (2017). Business model and innovation. Scientific papers of the University of Ekonomiczny w Wrocławiu, nr 472. Wrocław.
- 41. Zott, C., Amit, R. (2008). The fit between product market strategy and business model: Implications for firm performance. Strategic Management Journal, 29(1).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-819414e1-1499-43ec-b4e4-d02651681e0c