Business Model Innovation for Sustainability: Towards a Unified Perspective for Creation of Sustainable Business Models

Business model innovation has seen a recent surge in academic research and business practice. Changes to business models are recognized as a fundamental approach to realize innovations for sustainability. However, little is known about the successful adoption of sustainable business models (SBMs). The purpose of this paper is to develop a unified theoretical perspective for understanding business model innovations that lead to better organizational economic, environmental and social performance. The paper examines bodies of literature on business model innovation, sustainability innovation, networks theory, stakeholder theory and product–service systems. We develop five propositions that support the creation of SBMs in a unified perspective, which lays a foundation to support organizations in investigating and experimenting with alternative new business models. This article contributes to the emerging field of SBMs, which embed economic, environmental and social flows of value that are created, delivered and captured in a value network. It highlights gaps for addressing the challenges of business model innovation for sustainability and suggests avenues for future research. © 2017 The Authors. Business Strategy and the Environment published by ERP Environment and John Wiley & Sons Ltd     

Cash flow analysis for energy impacted local governments—a case study of mercer county,north dakota

Energy resource taxation policy has become a major issue in a number of energy producing areas and particularly in the western united States. This paper compares alternative energy taxation systems in terms of their implications for local governments and local planning. A fiscal impact simulation model is utilized to evaluate a severance-production tax system and, alternatively, an ad valorem property tax system. The results indicate that the form of taxation system adopted can have a major influence on the fiscal outlook for local governments in areas affected by large scale development projects and thus on the welfare of area residents. These results also suggest that local fiscal considerations should receive careful attention in local planning and policy formulation.     

Current issues and future directions in simulation-based training in North America

A number of emerging challenges including globalization, economic pressures and the changing nature of work has combined to create a business environment that demands innovative, flexible training solutions. Simulations are a promising tool for creating more realistic, experiential learning environments to meet these challenges. Unfortunately, the current literature on simulation-based training paints a mixed picture as to the effectiveness of simulations as training tools, with most of the previous research focusing on the specific technologies used in simulation design and little theory-based research focusing on the instructional capabilities or learning processes underlying these technologies. This article examines the promise and perils of simulation-based training, reviews research that has examined the effectiveness of simulations as training tools, identifies pressing research needs, and presents an agenda for future theory-driven research aimed at addressing those needs.     

他们拥有道路——车辆图形吸引公众的注意

创业格言:“当处于顺境时,一个企业应当进行宣传;当经济不景气时它也承担不起不做广告的后果。而今这个格言带来了特别的共鸣。企业家和首席财务官可能感到恐慌以致于整肃营销预算,但企业和消费者仍然在购买货物和服务,不做广告只会让品牌的知名度处于危险     

The price of corporate professionalisation: analysing the corporate capture of professions in the UK

Recent debates on the organisation of expert labour focus upon either the growing dominance of managerialism over traditional professions or the unwillingness/inability of new expert occupations to professionalise. Such arguments frequently disregard expert occupations that continue to deliberately pursue professionalisation to improve their status and influence in organisations and wider society, and therefore overlook the consequences of contemporary professionalisation for expert labour. Here we critically examine one ‘corporate profession’, project management in the UK, which has pursued ‘corporate professionalisation’ by renegotiating relationships with the state, individual members and private corporations, with some degree of success. Combining documentary analysis and interviews with professional association officials and practising project managers, this article analyses the pressures behind the corporate professionalisation strategies of this expert occupation, assessing the impact of moves towards a new model of corporate professionalism that marginalises the interests of professionals while embracing employer agendas.     

Democracy and risk-based decision-making: the next step in public involvement

Risk assessment has struggled to reconcile public views and opinion with the results of science-based objective assessment. In this paper, we attempt to tease apart subjective and objective considerations that risk management decisions entail. Through the use of examples from the New Zealand Environmental Risk Management Authority, we argue that risk managers need to use quantitative tools in order to develop an objective understanding of the biophysical outcomes of an activity. Decision-making should then enter a phase where democratic methods are used to allow people to weigh these physical outcomes subjectively. We believe allowing subjective democratic decisions, based on objective reality, will help enable risk management to bridge gaps between practitioners and the public.     

Stock Market Reaction to the Appointment of Outside Directors

This paper examines the UK stock market's reaction to the appointment of outside (non‐executive) board members. Tests conducted using a sample of 714 appointments reported by EXTEL between 1 July, 1993 and 31 December, 1996, indicate a strong interaction between appointee characteristics and the magnitude of the agency problem: the share price reaction to outside director appointments is significantly more favourable when board ownership is low and the appointee possesses strong ex ante monitoring incentives. In contrast, the appointment of independent and manager‐affiliated outside directors does not appear to benefit shareholders on average, even in the presence of serious agency problems.