Firm capacity to manage new trends: Business model innovation can increase resilience

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

Emerging trends often demand changes to existing business models in order to help alleviate inevitable risks involved. Firms which respond with proactive strategies are likely to prove more resilient in the face of significant change and exploit opportunities enable by these trends.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Citation

(2021), "Firm capacity to manage new trends: Business model innovation can increase resilience", Strategic Direction, Vol. 37 No. 4, pp. 15-18. https://doi.org/10.1108/SD-01-2021-0009