Adaptive Business Research Articles

Adapt fast or die slowly: Complex adaptive business models at Cisco Systems

Industrial high-tech markets are characterized by profound levels of market and technological uncertainty and so firms herein must navigate extraordinarily dynamic and fast-moving environments. In such settings, traditional top-down modes of strategic planning are ill-suited to generate the flexibility and speed of change necessary for firms to maintain environmental fitness over time. Survival requires that significant decision-making powers necessarily be located on the operational periphery of the firm. To understand how the resultant multiplicity of micro-strategizing and decision-making might engender macro-level change(s) to business models, we conduct a cross-sectional case study of two business models at Cisco Systems. After problematizing two broad strands of extant theory, we conjecture that a rival theory – complexity theory – might allow us to better explain how Cisco's business models evolve in practice and we utilize our case study to test this conjecture. We find that the business models studied have the capacity to change themselves spontaneously and autonomously from executive-led decisions in response to external stimuli. We offer a novel theoretical insight by postulating the existence of complex adaptive business models and we advance knowledge in a way that is useful for practitioners by suggesting they perceive themselves as facilitators and orchestrators of business models rather than owners or even controllers of them.

Open-mindedness and adaptive business style

PurposeThe purpose of this paper is to investigate the role of relational competences, such as open-mindedness and the ability to adapt business style, in developing trustworthy relationships through communication in the export markets in different cultural contexts.Design/methodology/approachThe analysis is performed on survey-based data from a sample consisting of 39.9 percent of the total population of Norwegian seafood companies involved in exporting, including 108 business relationships.FindingsThe findings reveal that adaptive business style and communication mediate the overall effect of open-mindedness on trust building between partners in the export markets. The adaptive business style fully explains the effect of open-mindedness on communication. Open-minded persons are better prepared to achieve communication on a high level because they are more likely to adapt to a new business style. Performing adaptive business style improves communication, particularly when the importer belongs to a dissimilar culture. For trust building, communication is equally important, irrespective of cultural differences.Practical implicationsExporter should aim at recruiting open-minded people because they have the advantage that they are capable of performing a variety of negotiation styles and business approaches, depending on the situation.Originality/valueThis paper develops a model that integrates key constructs from the relational paradigm with constructs rooted in different research streams, extending our knowledge regarding salespeople competences that are important in order to develop business relationships in export markets.

KOMPLEKSITAS MODEL BISNIS ADAPTIF BERBASIS TEKNOLOGI DIGITAL DAN JARINGAN BISNIS INTERNASIONAL

This paper develops a complexity of adaptive business modelson digital technology and international business network towards a sustainable competitive advantage. Furthermore, this paper aims to integrated the concept of adaptive organizational design with complex business models based on digital technology and and international business network. Adaptive organization design should change consistently with changing technological, ecological, economic, social, digital technology and international business networks.Theoretical basis of the concept of business model and relate it to elements of business model, digital technology and international business network. The complexity of adaptive business models based on digital technology emphasizes the importance of building change, international business networks, developing complex and adaptive organizations for innovation in achieving sustainable competitive advantage. Keywords:complexity,adaptive,technology<br /><br />

Adaptive business rules framework for workflow management

PurposeChanging scattered and dynamic business rules in business workflow systems has become a growing problem that hinders the use and configuration of workflow-based applications. There is a gap in the existing research studies which currently focus on solutions that are application specific, without accounting for the universal logical dependencies between the business rules and, as a result, do not support adaptation of the business rules in real time. The paper aims to discuss this issue.Design/methodology/approachTo tackle the above problems, this paper adopts a bottom-up approach, which puts forward a component model of the business process workflows and then adds business rules which have clear logical semantics. This allows incremental development of the workflows and semantic indexing of the rules which govern them during the initial acquisition.FindingsThe paper introduces an event-driven model for development of business workflows which is purely logic-based and can be easily implemented using an object-oriented technology, together with a model of the business rules dependencies which supports incremental semantic indexing. It also proposes a two-level inference mechanism as a vehicle for controlling the business process execution and the process of adaptation of the business rules at real time based on propagating the dependencies.Research limitations/implicationsThe framework is strictly logical and completely domain-independent. It allows to account both synchronous and asynchronous triggering events as well as both qualitative and quantitative description of the conditions of the rules. Although our primary interest is to apply the framework to the business processes typical in the construction industry we believe our approach has much wider potential due to its strictly logical formalization and domain independence. In fact it can be used to control any business processes where the execution is governed by rules.Practical implicationsThe framework could be applied to both large business process modelling tasks and small but very dynamic business processes like the typical digital business processes found in online banking or e-Commerce. For example, it can be used for adjusting security policies by adding the capability to adapt automatically the access rights to account for additional resources and new channels of operation which can be very interesting ion both B2C and B2B applications.Social implicationsThe potential scope of the impact of the research reported here is linked to the wide applicability of rule-based systems in business. Our approach makes it possible not only to control the execution of the processes, but also to identify problems in the control policies themselves from the point of view of their logical properties – consistency, redundancies and potential gaps in the logics. In addition to this, our approach not only increases the efficiency, but also provides flexibility for adaptation of the policies in real time and increases the security of the overall control which improves the overall quality of the automation.Originality/valueThe major achievement reported in this paper is the construction of a universal, strictly logic-based event-driven framework for business process modelling and control, which allows purely logical analysis and adaptation of the business rules governing the business workflows through accounting their dependencies. An added value is the support for object-oriented implementation and the incremental indexing which has been possible thanks to the bottom-up approach adopted in the construction of the framework.

The Effect of Entrepreneurship Competency and Adaptability of Business Environment to Financial Performance of Small an Medium Business Units in Bima City

The number of SMEs and the absorption of large manpower does not contribute greatly to the value of production and investment in the agro-industry sector and non-agro industry sector is a reflection of most SMEs in Bima city. This problem occurs because there are so many considerations of it, one of them is lack of competence of SMEs business sector, the limitations in the ability to adapt with the environment changes including market of innovation, access to information and financing, the difficulty in the procurement of capital and cheap, the limitations in innovation, technology changing that will affect all business performance of SMEs. The higher social competence (interaction, social relations, and social adaptation) owned by entrepreneurs, the greater financial success that entrepreneurs will achieve and improve business performance. The research method used is explanatory research by using a survey sampling approach. Conventionally, explanatory research is used to explain the relationship between variables through hypothesis testing. Then, the questionnaires will be distributed 156 SMEs in Bima city where the questionnaire have tested the validity and reliability then processed by using SPSS so that the accuracy of analytical tools can be reliable. The long-term goal to be achieved is increasing the competitive advantage and performance of SMEs throughout Bima city. The specific targets of this research are the enhancement of competitive advantage and performance of SMEs in Bima city with the entrepreneurial competence that is able to build business network and assimilate to external environment changes that encourage the efficient use of resources, improving the ability to build business networks, multiple sources of economic growth, create employment, networking in collaboration with business partners and enhancement of competitiveness, a better service for clients and customers are need to be improved where they are not dependent on imported products that undermine the society economic tenacity, the ability to express themselves in constructing social relationship. The results of the t-test statistic for the obtained variable are t-count of 5.964 with a t-table value of 1.645 (5.964 ˃ 1.661) with a significance value of 0.000 less than 0.05 (0.000 < 0.05), the hypothesis that "Entrepreneurship competency influences SME financial performance in Bima City”. The results of the t-test statistic for the obtained variable are t-count of 0.373 with a t-table value of 1.645 (0.373 < 1.645) with a significance value of 0.710 greater than 0.05 (0.710 ˃ 0.05), hence the hypothesis that "Environmental Adaptability Business influences the financial performance of SMEs in Bima city.

The Impact of Globalization on Organizational Strategy and Decision Making: An Empirical Study

The necessity for businesses to develop globally is one of the most important effects of globalisation on organisational strategy. As a result, international supply networks have emerged, and businesses now need to adjust to shifting social, legal, and political contexts. Additionally, the rise in competition as a result of globalisation has forced businesses to adopt more creative and adaptable business strategies in order to stay competitive. Globalisation has also had an impact on organisational decision-making since organisations now have to take into account a wider range of stakeholders in the decision-making processes, such as consumers, employees, suppliers, and communities. In addition, as organisations are expected to operate in a socially and environmentally responsible way, globalisation has led to a greater emphasis on corporate social responsibility. In general, the effects of globalisation on organisational strategy and decision-making have been significant, necessitating the adoption of more creative and adaptable strategies by organisations in order to cope with rapidly changing global settings. In order to stay competitive and sustainable over the long term, organisations must continue to change the strategies and decision-making procedures as globalisation continues to shape the global marketplace.

Legitimacy in Adaptive Business Model Innovation: An Investigation of Academic Ebook Platforms in China

ABSTRACTThe purpose of this research is to investigate the importance and influence of seeking legitimacy from the value network for adaptive business model innovation in emerging markets. Drawing on institutional theory, it is believed that legitimacy can mitigate environmental uncertainties and risks, and help firms to survive and prosper. However, little is known about the role played by legitimacy in firms’ business model innovation. This article introduces the concept of legitimacy to examine how adaptive business model innovation responding to exogenous threats in emerging markets. By using the framework of value network, we employ comparative case studies of three foreign academic ebook platforms in China and investigate two types of adaptive business model innovation driven by legitimacy needs. Furthermore, we elucidate regulative, normative, and cognitive legitimacy in business model innovation and trace its origins, including regulatory authorities, partners, customers, and, in some cases, parent companies. Finally, we relate legitimacy seeking to adaptive business model innovation and elaborate on the process of how legitimacy needs motivate adaptive business model innovation, which would defend firms’ survival and growth in emerging markets.

Inteligencia empresarial adaptativa y su aplicación predictiva sobre patrones taxonómicos de deserción

<p>Las variables que surgen de las bases de datos de una Universidad Nacional de Argentina, favorecen el análisis y aplicación de una metodología de Inteligencia de Negocio Adaptiva, mediante la cual, aplicando los filtros adecuados de manera metodológica, como se expone en el presente trabajo, permitirán encontrar los alumnos en riesgo de desertar y realizar un trabajo preventivo sobre ellos. Existen datos socio-psicométricos, económicos y culturales, además de elementos físicos que han de ser tomados en consideración relacionándolos con la terminalidad de estudios de los sujetos evaluados. Surge a partir de allí, un modelo predictivo de aprendizaje que clasifica las causalidades de deserción. Finalmente, se puede explotar este conocimiento para desarrollar la aplicación en cualquier lenguaje de programación, de manera que aproveche tal conocimiento, con uso en nuevos sujetos y sus datos. En virtud de ello, se exponen las principales ventajas obtenidas de las capacidades predictivas sobre los datos del caso.</p>

A co-operative business approach in a values-based supply chain: A case study of a beef co-operative

Abstract The industrialisation of the agri-food sector has enabled power imbalances to emerge in the supply chain that tend to disfavour farmers. Exposure to price volatility, stemming from these power imbalances, is a key threat to family farm viability. Farmers have utilised co-operatives to redress these power imbalances and enhance viability. Separately, values-based supply chains (VBSCs) have emerged as an alternative to commodity-based supply chains, embodying values of sustainability, equity, fair pricing and transparency. Similarly, co-operatives embody these values and are adaptable business models that represent a good fit for integration to VBSCs. A qualitative case-study of a beef cooperative, integrated to a VBSC, is presented. This aimed to understand, from members' perspectives, how the theoretical ‘fit' between cooperatives and VBSC's translates in practice, focusing on the central role and importance of co-operative members. VBSCs and co-operatives aim to promote fair and equitable governance structures. However, findings indicated that responsiveness of the beef co-operative to customer preferences supported dynamics where non-member partners exerted significant influence over internal co-operative functions. This, in turn, had implications for the co-operative and threatened its sustainability. While VBSCs and co-operatives share many principles and ambitions, co-operative success is dependent on balancing relationships and maintaining co-operative values.

Value capture and value creation: The role of information technology in business models for frugal innovations in Africa

Bringing value to end consumers is one of the main challenges for businesses in emerging markets. This paper examines the role of information technology (IT) advancements in frugal innovation and in influencing new business models to bring frugal innovations within reach of the poor. A thorough review of theoretical concepts of business models and their applicability to the Bottom-of-the-Pyramid (BoP) literature and frugal innovation is given. IT has three characteristics that have influenced both business models and frugal innovation. First IT reduces transaction costs, sensor prices have decreased, and IT's externalities have increased the economic and social value from one innovation. By discussing the case of a high-technology low cost weather sensor system deployed in sub-Saharan Africa, this paper demonstrates how IT has introduced new frugal innovations, and influenced new business models. The success of the weather station diffusion has been due to the value of the weather data generated, the adaptive business model, and the co-creation approach throughout the station and business model design. IT has played a strong part in diffusing new innovations in Africa, but also has the potential to exclude certain groups. Future research should explore how IT and frugal innovation can lead to inclusion.

Consumer Finance in a Mobile Age: Methods for Researching Changing User Behaviour

Consumer finance markets are being transformed by the increasing mobility of people, products, technology, and information. This presents challenges for understanding changing consumer behaviour and building adaptable business models. Researchers are rising to meet these challenges by adapting their frameworks and methods to take account of mobility's effects. I present three cases of method adaptation to consumer finance research (financial diaries, object‐centred interviews, social network analysis) and discuss their contributions. The complexity and personalisation of consumer finance requires us to not only be more creative with how we approach research, but also more robust in questioning our assumptions, framing appropriate questions, and designing research that draws frameworks and methods from multiple disciplines.One can only understand and apply all these new innovations by playing close to the ball and understanding customers’ needs and expectations. It is no longer possible to say what the world is going to look like five years from now. In the past, bankers were ‘scenario thinkers,’ who ran the bank by making strategic choices far in advance. Today, we have to grant more space to short‐cycle thinking and optionality. (Alexander Zwart, Senior Product Manager at Rabobank, quoted in Ifrim, Mual and Innopay 2017)

Business model innovation for value and technology based preventive health care

In this paper, a structured approach for the development of an initial business strategy blueprint for a complicated, multi-partner, multidisciplinary, early-stage research project focusing on value-based and preventive health care technology, is presented. Based on an in-depth analysis of the changes, trends, and innovation mechanisms in the health care industry and of the health care markets and reimbursement systems in the four use case countries, an initial context-specific and country adaptable business strategy was developed. In that context, a variety of tools (business model canvas, business model templates, platform thinking, etc.) were used to create a modular and adaptable business strategy that could be cost-efficient. Finally, it was analyzed to what extent a transformation of the project’s part¬ner current business models and roles, would be required. One of the biggest challenges in that context is to bridge the gap between the current business models of the individual partners and the novel strategies required to make REACH and its touchpoints (=smart products and services acting as data gathering devices) a real innovation.

Legitimacy in Business Model Adaptation: An Investigation of Academic Ebook Platforms in China

The purpose of this research is to investigate the importance and influences in seeking legitimacy from the value network on adaptive business model innovation under the context of emerging market. Drawing on the institutional theory, legitimacy is believed to mitigate the uncertainty and risks in environment, and help firms to survive. However, little is known about how legitimacy generated from and lead to business model innovation from the value network approach. This paper employs the concept of legitimacy from the institutional theory as well as the value network approach to examine the adaptive business model innovation in response to exogenous threat in the context of emerging market. Based on comparative case studies on foreign firms in Chinese academic ebooks market, we find that firms required legitimacy from different players in the local value network, including regulatory authorizes, partners, customers and in some cases their parent company. The legitimacy geared adaptations are conductive to adaptive business model innovation towards defending the survive and grow in emerging market.

Study of adaptive business intelligence techniques for optimization of organizational decision making (In select automobile manufacturing companies in Maharashtra)

Study of adaptive business intelligence techniques for optimization of organizational decision making (In select automobile manufacturing companies in Maharashtra)

Competitiveness of Polish enterprises in relation to the potential of cloud computing

Enterprises seek for possibilities to limit the costs and for areas that stimulate the level of innovation. Both of these aspects can be effectively supported by application of cloud computing, without a simultaneous need to make a choice of a trade-off type. The aim of the article is to prove that cloud computing provides entrepreneurs with the possibility to limit the costs and at the same time to support their activities related to the selected direction of innovation development. It has both a direct influence on the level and structure of costs in the enterprise, as well as an indirect influence, e.g. related to shortening the time for introduction of new solutions to the market, making decisions or limiting the costs of projects.

METHOD OF ADAPTIVE PROCESS MANAGEMENT USING CASE BASED REASONING

Case-based approach aims to use existing experience in dealing with new challenges. Case includes experience in a structured performance objectives as well as a description of its process solutions. In implementing the approach of case precedent adaptation procedure is performed prior to the relevant management process. In process management it is not possible to adapt business processes and change the sequence of their works at run time, which is especially important when you access shared resources. This shows the relevance of the problem of adaptive business process management. A method for adaptive process management using case – based reasoning is proposed. The method comprises the following steps: adaptation of precedent process models; execution of processes according to a predetermined pattern in a sequence of actions; adding a new process to the set of executable given the delays in access to shared resources. The proposed method, in contrast to the existing implements the management of multiple business processes that use shared resources. The method makes it possible to assess the feasibility of time constraints.

Organizational dynamism and adaptive business model innovation: The triple paradox configuration

Firm performance in turbulent business environments strongly depends on the adaptive (re)generation of the firm's business model. However, studies on the enablers of business model innovation are sparse. This study leverages the literature on dynamic capabilities, on organizational ambidexterity/vacillation, and Lewis's view of organizational paradoxes to build an integrated model of organizational dynamism that includes seven dimensions: three pairs of paradoxical constructs (cooperation–competition, exploration–exploitation, and conformity–agency) and dynamic capabilities. The study posits that these seven dimensions of organizational dynamism describe the key enablers of adaptive business model innovation (ABMI). The results of applying a fuzzy set qualitative comparative analysis (fsQCA) to 35 selected cases confirm that the paradoxical dimensions of organizational dynamism, although logically opposed, strongly intertwine in enabling the adaptive (re)generation of a firm's business model. Further, this article highlights fsQCA's suitability to test models that include paradoxical constructs.

Analyze Requirements for PAIS with Best Practice

Traditional requirements analysis is focused on capture functions of the system that are being built from scratch. As the size and complexity of process-aware information system continues to grow, the use of COTS (Commercial off-the-shelf) software packages is being viewed as a solution. Use of COTS packages accelerates the implementation process to some extent, however, it puts enterprises into a dilemma: whether to adapt asis business processes or to customize software packages. In order to help the enterprises get out of the dilemma, a methodology is proposed to automatically elicit software requirement using best practice as domain knowledge. The methodology involves three phases: business modeling, gap detecting and gap bridging. Firstly, VPML is employed to describe as-is business process, Secondly, semantics computing technology is employed to analyze the gap between enterprise needs and COTS software capacity. At last, Goal Reasoning Technology is employed to encourage enterprise users and software vendors take participate in decision making process together.

KPI-based decision impact evaluation system for adaptive business intelligence

KPI-based decision impact evaluation system for adaptive business intelligence

A Case Study of the Grey Oaks Community and Club: Creation of a High-Performance Culture Through the Innovative Use of a Data-Driven Business Plan

ABSTRACTGrey Oaks, a premier country club and gated residential community established in Naples, Florida, developed and used a collaborative and highly feedback-driven system to build adaptive capacity and foster proactive change. Special attention has been given to the unique use and refinement of its business plan and planning process through the feedback management received from club members. This highly adaptive business plan helped Grey Oaks to endure the economic downturn that began in 2008, and the company’s ability to thrive in the midst of economic instability has demonstrated the effectiveness of the plan as a model capable of sustaining the cultural and financial health of the club and community. The Grey Oaks planning model has been an innovation in its industry, and other organizations can greatly benefit by studying the implementation and utilization of this evidence-driven model.