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15 de may. de 2024 · We define an ambidextrous business model as a firm’s boundary-spanning transaction mode developed to create and capture value by both balancing activities of redesigning a novel business...
23 de may. de 2024 · Understanding Crisis Management. Crisis management involves dealing with crises in a manner that minimizes damage and enables the affected organization to recover quickly. Its core principles revolve around preparing for potential crises, reacting effectively, and recovering from their impact. Why is a crisis management plan essential?
16 de may. de 2024 · One advantage of transitioning to a platform business model is that you can expand your market reach exponentially. By leveraging your existing user base, you can harness network effects —which occur when your service’s value increases as more users join—and help your business grow.
15 de may. de 2024 · Business resilience begins with proactive measures. Acknowledging the potential risks and preparing for them is fundamental to navigating through crises. Swift decision-making, guided by a thorough understanding of the situation, allows businesses to stay ahead of the curve.
20 de may. de 2024 · Although the business model appears unpredictable and changeable, the key attributes of a successful business model that can bring competitive advantage and excellent performance to enterprises are highly consistent (Cucculelli & Peruzzi, 2020; Tidhar & Eisenhardt, 2020).
14 de may. de 2024 · A crisis communication plan is a proactive approach to prepare your business for unexpected crises and minimize the impact on business continuity. It enables businesses to address issues that can significantly affect their operations and mitigate operational interruptions.
31 de may. de 2024 · Taking action for future readiness. Understanding the inevitability of crises and being equipped to handle them can differentiate successful organisations from those that falter.
