Business model transformation identifying the challenges of transitioning from pipes to platforms

Business models illustrate the narrative of how firms create, deliver and capture value. Consistent revision, and if required complete transformation of an organization’s business model is essential if such an organization wishes to remain sustainable and competitive in today’s volatile marketplace....

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Main Author: Ogbechie, Anthony
Other Authors: Informaatioteknologian tiedekunta, Faculty of Information Technology, Informaatioteknologia, Information Technology, Jyväskylän yliopisto, University of Jyväskylä
Format: Master's thesis
Language:eng
Published: 2018
Subjects:
Online Access: https://jyx.jyu.fi/handle/123456789/59738
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author Ogbechie, Anthony
author2 Informaatioteknologian tiedekunta Faculty of Information Technology Informaatioteknologia Information Technology Jyväskylän yliopisto University of Jyväskylä
author_facet Ogbechie, Anthony Informaatioteknologian tiedekunta Faculty of Information Technology Informaatioteknologia Information Technology Jyväskylän yliopisto University of Jyväskylä Ogbechie, Anthony Informaatioteknologian tiedekunta Faculty of Information Technology Informaatioteknologia Information Technology Jyväskylän yliopisto University of Jyväskylä
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description Business models illustrate the narrative of how firms create, deliver and capture value. Consistent revision, and if required complete transformation of an organization’s business model is essential if such an organization wishes to remain sustainable and competitive in today’s volatile marketplace. Yet, presented with the knowledge of the immense benefits of transitioning to a new business model (platforms), organizations still stick to their old and redundant traditional models of business (pipes). This paper sought to identify the impediments/barriers of undertaking and implementing successful business model change in organizations. While previous research has examined enablers of business model transformation, there is little study aimed at identifying and establishing an understanding of the challenges that hinder firms from transforming their business models. Drawn from an in-depth single case study of a Nigerian firm, this paper explores the challenges firms are faced with in the process of undertaking business model change. We equally explore how the identified challenges may be mitigated. Findings from empirical data gathered suggest that the barriers to successful business model change are linked to the general complexity associated with the business model concept, structure and culture of the organization and the role of leadership and management know-how in the management of change processes.
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spellingShingle Ogbechie, Anthony Business model transformation : identifying the challenges of transitioning from pipes to platforms business model transformation pipes platforms Tietojärjestelmätiede Information Systems Science 601 muutosjohtaminen muutos liiketoimintamallit change management (leadership) change business models
title Business model transformation : identifying the challenges of transitioning from pipes to platforms
title_full Business model transformation : identifying the challenges of transitioning from pipes to platforms
title_fullStr Business model transformation : identifying the challenges of transitioning from pipes to platforms Business model transformation : identifying the challenges of transitioning from pipes to platforms
title_full_unstemmed Business model transformation : identifying the challenges of transitioning from pipes to platforms Business model transformation : identifying the challenges of transitioning from pipes to platforms
title_short Business model transformation
title_sort business model transformation identifying the challenges of transitioning from pipes to platforms
title_sub identifying the challenges of transitioning from pipes to platforms
title_txtP Business model transformation : identifying the challenges of transitioning from pipes to platforms
topic business model transformation pipes platforms Tietojärjestelmätiede Information Systems Science 601 muutosjohtaminen muutos liiketoimintamallit change management (leadership) change business models
topic_facet 601 Information Systems Science Tietojärjestelmätiede business model transformation business models change change management (leadership) liiketoimintamallit muutos muutosjohtaminen pipes platforms
url https://jyx.jyu.fi/handle/123456789/59738 http://www.urn.fi/URN:NBN:fi:jyu-201810034303
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