Business Model Innovation Strategy: Transformational Concepts and Tools for Entrepreneurial Leaders 1st Edition

by Raphael Amit (Author), Christoph Zott (Author)

The most comprehensive, global guide to business model design and innovation for academic and business audiences.

Business Model Innovation Strategy: Transformational Concepts and Tools for Entrepreneurial Leaders is centered on a timely, mission-critical strategic issue that both founders of new firms and senior managers of incumbent firms globally need to address as they reimagine their firms in the post COVID-19 world. The book, which draws on over 20 years of the authors collaborative theoretical and rigorous empirical research, has a pragmatic orientation and is filled with examples and illustrations from around the world.

This action-oriented book provides leaders with a rigorous and detailed guide to the design and implementation of innovative, and scalable business models for their companies. Faculty and students can use Business Model Innovation Strategy as a textbook in undergraduate, MBA, and EMBA degree courses as well as in executive courses of various designs and lengths. The content of the book has been tested in both degree and non-degree courses at some of the world's leading business schools and has helped students and firm leaders to develop ground-breaking business model innovations.

This book will help you:

• Learn the basics of business model innovation¯including the latest developments in the field

• Learn how business model innovation presents new and profitable business opportunities in industries that were considered all but immune to attacks from newcomers

• Learn how to determine the viability of your current business model

• Explore new possibilities for value creation by redesigning your firm's business model

• Receive practical, step-by-step guidance on how to introduce business model innovation in your own company

• Become well-versed in an important area of business strategy and entrepreneurship

Authors Amit and Zott anchored the book on their pioneering research and extensive scholarly and practitioner-oriented publications on the design, implementation, and performance implications of innovative business models. They are the most widely cited researchers in the field of business model innovation, and they teach at the top-ranked Wharton School of the University of Pennsylvania and the prestigious global business school IESE with campuses in Barcelona, Madrid, Munich, New York, and São Paulo.

From the Inside Flap

Raphael Amit and Christoph Zott are among the world's top researchers in the field of business model innovation. Their pioneering theoretical and empirical work forms the foundation of their new book, Business Model Innovation Strategy: Transformational Concepts and Tools for Entrepreneurial Leaders.

The business model is a cornerstone of strategy for both founders and senior managers. In today's competitive and uncertain business landscape, some of the biggest potential for disruption and growth lies in a mindfully designed, robust, and scalable business model innovation strategy. Though the business world seems increasingly ruled by the tech-minded, it takes true business leadership to implement business model innovation—and to reap the potential rewards that come with it.

Tomorrow's great leaders will be those who can reimagine organizational structure and operations to build resilient businesses that operate efficiently and provide more value than their competitors. This book provides authoritative guidance for both students and business managers toward that goal, using examples from around the world to illustrate the design and implementation of innovative, scalable business models. Business Model Innovation Strategy includes:

• Full coverage of the basics of business model innovation—including the latest developments in the field

• Analysis of profit and growth opportunities through business model innovation, also in industries formerly considered immune to disruption

• Step-by-step guidance to determining the viability of current business models, and to designing and implementing them

• Strategy insights built upon groundbreaking research from leading business model innovation experts

For organizations in need of a new energy for growth and future development, business model innovation is critical. Business Model Innovation Strategy is the first book on business model innovation for both academia and business. It is a valuable long-term reference on this essential business topic.

From the Back Cover

PRAISE FOR Business Model Innovation Strategy

"Grounded in decades of rigorous research, Amit and Zott provide THE definitive guide to innovating a winning business model. Perfect for the boardroom or the classroom!"
—Kathleen M. Eisenhardt, Professor of Strategy, School of Engineering, Stanford University and coauthor of Simple Rules

"In their new book, Professors Amit and Zott provide entrepreneurs with actionable and hands-on frameworks to help founders build and implement innovative, robust, and disruptive business models."
—Josh Kopelman, Founding General Partner, First Round Capital; Founder, Half.com

"The book clears the fog on finding a way forward through business model innovation, engaging the right partners, and making astute commitments—all while keeping the lights on."
—Anita McGahan, University Professor and Professor of Strategic Management, Rotman School of Management, University of Toronto

"A business model is a core element of every entrepreneur and senior manager's strategy. Amit and Zott's book is an up-to-date, comprehensive, insightful, and action-oriented manuscript on formulating and implementing business model innovation strategy. It is a valuable guide for practitioners and a teaching resource for faculty and students."
—Garth Saloner, Former Dean, Stanford Graduate School of Business; Botha-Chan Professor of Economics, Stanford University

"This rigorous and insightful book features concrete business model innovation strategy techniques that complement the traditional scope of how to conduct business—a topic every company must urgently address to sustain itself long term."
—Dr. Johannes Sommerhäuser, Senior Vice President Innovation, Robert Bosch GmbH

"At last, an excellent book on business model innovation…the crucial step that technology wizards often get wrong."
—David J. Teece, Thomas W. Tusher Professor in Global Business, Haas School of Business, University of California, Berkeley

"Amit and Zott's groundbreaking book has a very practical orientation and is a must read for every entrepreneur and manager."
—Tao Zhang, Chairman, Internet Plus Holdings Ltd., Founder, CEO and Chairman, Dianping.com

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Product details

• Publisher ‏ : ‎ Wiley; 1st edition (October 13, 2020)

• Language ‏ : ‎ English

• Hardcover ‏ : ‎ 400 pages

• ISBN-10 ‏ : ‎ 1119689686

• ISBN-13 ‏ : ‎ 978-1119689683