July 2016
Intermediate to advanced
3 pages
11m
English
article
Managing Tensions Between New and Existing Business Models
by Kristian J. Sund, Marcel Bogers, J. Andrei Villarroel, Nicolai J. Foss
Overview
Exploring new business models may be a good way to stay competitive, but doing so can create tensions internally, in areas such as organizational structure and competition for resources. Companies exploring business model innovation may not recognize the inevitability of these tensions and thus be poorly prepared to manage them. But understanding these issues may lessen some of the organizational challenges associated with business model innovation.
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