Titlebook: Business Model Management; Design - Process - I Bernd W. Wirtz Textbook 2020Latest edition The Editor(s) (if applicable) and The Author(s),

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Jonathan Somers M.D.,L. Penfield Faber M.D.mitments in many areas. This management tool may be used in all corporate activities which help achieving a sustainable competitive advantage. In the context of business model management, an ideal-type, five-step process can be observed to reveal all relevant aspects.

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Jonathan Somers M.D.,L. Penfield Faber M.D. in the management process. In this context, different types of management may be differentiated. An important typology was presented by (Mintzberg 1973) who divided the types of management into entrepreneurial mode, adaptive mode, and planning mode. This division has later been transferred to the c

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https://doi.org/10.1007/978-3-7091-0300-5in the business model context, this chapter deals with business model change. In the following section, three superordinate drivers will be described that may initiate a change in the business model. Additionally, the question will be addressed of what specific processes need to be implemented by a

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Partial Models of Business Modelsn in companies offers the greatest advantages for sustainable success. In particular, the different partial models of an integrated business model are illustrated as well as how they contribute to value creation.

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Design of Business Models-)design of an existing business model is examined in the context of an existing company. The (re-)design of existing business models is explained in detail in Chap. . (Adjustment and Modification of Business Models). Therefore, this section focuses on the design of new business models.

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