A Strategic Design Guideline for Open Business Models

By • on September 8, 2020

The International Journal of Automation Technology posted a study which noted that to realize a competitive product-service system, a manufacturer is required to change its closed business model and develop open and sustainable alliances with external partners. As an alternative business model, an open business model (OBM) is a new concept, replacing the closed model, that is highly dependent on the company’s resources. An OBM is realized via resource sharing and collaboration with external partners. By incorporating an OBM in its operations, a company can receive several benefits, such as long-term profits, by providing new customer value and diversifying risks due to uncertainty in the market environment.

Click here to read the abstract.

Image via Flickr.

Related Posts

Related Entries

Recent Entries

Purchase viagra online and purchase it from the good to cope with dependable and trustworthy pharmacy. Don't believe of the recommendation by a mantra but instead as suggestion that is useful since that might be really a correct move to make to think about. It's not just about general ease of doing all of your buying resting before your Computer, or around no prerequisite to depart your home or stand-in point, but additionally concerning the choices you might have barely considered overall. Visit the drugstore you might have handled earlier in the event that you know the thing you need precisely. Examine the options what, why and just how if, nevertheless, you will find neither particular needs or a drugstore to go to.