{"title":"Developing New Business Models: Logic of Network Value or Cross-Industry Approach","authors":"Viktoriia Koilo","doi":"10.21511/ppm.19(2).2021.24","DOIUrl":"https://doi.org/10.21511/ppm.19(2).2021.24","url":null,"abstract":"Digital transition in the maritime industry creates new organizational models and affects the relationship between actors. New relationships require new business models (BMs). In addition, due to the paradigm of green shifts towards a zero-emission future of maritime shipping in 2050, stricter regulations require new solutions, and “business as usual” is not actual anymore. Thus, the study aims to investigate key drivers for creating new BMs and factors for their effective implementation by companies. The results of the study point to the main reasons for creating BMs. It was revealed that there are several external and internal prerequisites. Moreover, it was proved that considering the current tendency of the interfaces in relationships with different industries, it is important to talk about the development of BMs not only from a supply chain perspective. Moreover, it should be considered from the point of view of network value. Hence, the study highlights the need for a further investigation that aims to design new solutions, implement, test, and observe the effect of new BMs, considering collaborative ties between interested parties.","PeriodicalId":108116,"journal":{"name":"Decision Science Educator: Courses","volume":"52 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122624716","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"COVID-19 Crisis Economics","authors":"Julia M. Puaschunder","doi":"10.2139/ssrn.3762619","DOIUrl":"https://doi.org/10.2139/ssrn.3762619","url":null,"abstract":"The currently ongoing novel Coronavirus-crisis is an external shock coming down on society with direct impact on societal moods and subsequently connected economic changes. With growing digitalization and quickening of transfer speed, information exchange in the individual involvement to break trends online on a global scale may impose unknown systemic risks in causing social volatility in international economics. Research may explore how human beings’ communication and interaction results in socially constructed volatility that echoes in economic correlates. This paper theoretically covers the history of heterodox economic cycles in order to then propose to explore the role of communication and temporal foci in pandemic communication to create social volatility underlying economic downturns.","PeriodicalId":108116,"journal":{"name":"Decision Science Educator: Courses","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115217975","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Digital Disruptions – Moats in the Age of Disruptions","authors":"Baijnath Ramraika, CFA, P. Trivedi, S. Gujar","doi":"10.2139/ssrn.3351721","DOIUrl":"https://doi.org/10.2139/ssrn.3351721","url":null,"abstract":"Digital disruption is a potent force. Advances in mobile technology and increasing use of social media have quickened the pace of customer adoption, giving rise to the age of digital disruption. <br><br>It is important to note though that digital disruption is not a net negative force. For every disrupted, there is a disruptor. <br><br>In this article, we provide short case studies on four businesses. One of these is treated as a high-quality business by those who rely primarily on historical profitability of the business. The other three are a part of our high-quality investment universe. These case studies highlight that careful analysis and application of a structured decision-making framework are helpful in identifying disrupted business models and staying clear of those that are being negatively impacted.","PeriodicalId":108116,"journal":{"name":"Decision Science Educator: Courses","volume":"140 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116429803","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Sonvilier Pen Company: An Outsourcing Decision","authors":"Paul J. Simko, Mark E. Haskins","doi":"10.2139/ssrn.3121343","DOIUrl":"https://doi.org/10.2139/ssrn.3121343","url":null,"abstract":"The COO for Sonvilier Pen, an elite manufacturer of high-quality ballpoint and fountain pens, had gotten a proposal to outsource two pen components to Li Manufacturing, a specialist in the molding and production of intricate metals, located in southeastern China. The proposal was intriguing, but there were a number of factors for the COO to consider before making a decision. \u0000Excerpt \u0000UVA-C-2406 \u0000Rev. Nov. 27, 2018 \u0000Sonvilier Pen Company: An Outsourcing Decision \u0000Sonvilier Pen Company (Sonvilier Pen) was a manufacturer of high-quality writing pens. The company could trace its origins to the early 1900s, when founder Cedric Mettler and his father began producing various writing implements in their small shop in Sonvilier, Switzerland. The Mettler son later immigrated to the United States and soon thereafter opened his own fountain pen company, taking the name of his hometown in respect for the place where he had honed his craft. By the turn of the next century, Sonvilier Pen had become an elite manufacturer of high-quality ballpoint and fountain pens, producing over three million units annually. Its headquarters and manufacturing facilities were located in northern New England. \u0000Peter Harwood was the COO for Sonvilier Pen. On his desk was a proposal to outsource two pen components to Li Manufacturing, a specialist in the molding and production of intricate metals, located in southeastern China. Harwood had not initially courted this opportunity. An intermediary US organization had proposed the partnership to Harwood six months earlier. The intermediary was a go-between agent engaged in matching manufacturing partners, billing itself as a full-service custom-manufacturing facilitator. It specialized in first finding appropriate China-based manufacturers for US-based organizations and then providing a full suite of services related to production: engineering, packaging, customs clearing, and quality control, among others. The proposal was intriguing, and left Harwood with a number of factors to consider before he made a decision regarding the offer. \u0000Li Manufacturing's location alone brought with it a unique set of challenges Sonvilier Pen would have to face if it were to outsource production. Li Manufacturing's operations were located in one of China's many economic development zones. Moreover, the company had a stellar reputation for quality workmanship and execution and had partnerships with numerous other US manufacturers. All those companies gave Li Manufacturing stellar recommendations. \u0000. . .","PeriodicalId":108116,"journal":{"name":"Decision Science Educator: Courses","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123386232","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}