Jurnal Ekonomi, Akuntasi dan Manajemen Indonesia(JEAMI)
Vol. 2 No. 01 (2023): Jurnal Ekonomi, Akuntasi dan Manajemen Indonesia (JEAMI), November 2023

Innovation Through Business Modeling: Steps to Corporate Success

Ida Hindarsah (Unknown)



Article Info

Publish Date
29 Dec 2023

Abstract

With rapid changes in the business environment, companies need to understand and integrate innovation as a key element to achieve long-term success. This study will explore concrete steps in implementing business modeling that can become the basis for creating and managing innovation efficiently. Therefore, this research aims to investigate the role of innovation in improving company performance through the application of effective business modeling. This research uses a qualitative approach with descriptive methods. The research results show that innovation through business modeling has a crucial role in increasing company success amidst a dynamic business landscape. In the face of the declining average lifespan of business models, companies need to actively adopt innovative measures to strengthen core businesses, drive rapid growth, and respond to industry changes. The research findings emphasize the importance of customer segment analysis, developing intelligent revenue models, and implementing effective distribution channels. Additionally, research highlights the need to establish a strong innovation culture within organizations to increase adaptability and responsiveness to external and internal changes

Copyrights © 2023






Journal Info

Abbrev

Juemi

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Environmental Science Social Sciences

Description

Jurnal Ekonomi, Akuntasi dan Manajemen Indonesia (JEAMI) adalah jurnal di bidang Ekonomi, Akuntansi dan Manajemen dengan ruang lingkup Ekonomi Bisnis, E-bisnis, Perilaku Konsumen, Kewirausahaan, Keuangan, Kebijakan Publik, Manajemen Sumber Daya Manusia, Perilaku Organisasi, Manajemen Pemasaran, ...