Managing Technological, Sociopolitical, and Institutional Change in the New Normal (original) (raw)

Business Models in Perspective of “New Normal” Business Environment

Proceedings of the 8th International Scientific Conference - FINIZ 2021, 2021

Modern science produced remarkable opus of knowledge in management. However, all concepts, theories and models assumed certain characteristics of economy and business environment. COVID-19 influenced dramatic changes and disruptions in all aspects known to us imposing questions of existing business models suitability. Paper discusses the characteristics of post-covid business environment and stresses the challenges that existing business models might face in the “New Normal” World.

The Shifting Stage of Business to the “New Normal”

Journal of Business and Management Studies

This paper dealt with the shifting stage of businesses in Baliwag City, Philippines, to the “New Normal” post-pandemic era. It analyzed how businesses, particularly based in Baliwag City, Bulacan responded to the following problems which arose due to the pandemic: safety protocols being implemented, shortage and inflation concerning raw materials and other supplies, offered products' and services' demands, experiences in terms of keeping customers and attracting new ones, cashless transactions, government support and the level of preparedness in case there will be waves of the pandemic. This research used a stratified sampling technique with 350 respondents who are registered business owners in Baliwag City. Based on the data gathered, most of the establishments do not follow the safety protocols released by the IATF, such as hand sanitizing, checking of body temperature, I am safe scanning, and the presentation of vaccination cards anymore. In addition, the study shows that...

PROCEEDINGS OF THE 7th INTERNATIONAL MANAGEMENT CONFERENCE "New Management for the New Economy", November 7th-8th, 2013, BUCHAREST, ROMANIA

2013

Three entrepreneurial case studies in Romania show that changes in the environment—such as changes in customers needs changes in competitive products—are the major sources of opportunities. To recognize and exploit these opportunities, the firm needs entrepreneurial capabilities. At the same time, to gain long-run competitive advantage, the firm needs dynamic capabilities. The case findings show that entrepreneurial capabilities have circular and iterative relationship with dynamic capabilities—each reinforces other's. More often the iteration takes place, the stronger entrepreneurial capabilities and dynamic capabilities are. Further, the study builds on the extant literature and develops a new method to capture dynamic capabilities through capturing changes in ordinary capabilities

2008—Creating a New Future for Business: Rethinking Management Theory and Business Strategy in the Light of Rapid and Drastic Environmental and Social Changes

2014

This special issue of Business & Society aims to contribute to the devel-opment of conceptual approaches on the role of companies and manage-ment in the light of rapid and drastic changes in the natural and social environment of corporate decision making. This focus is motivated by the need to further develop rigorous research on conceptual models and strategic implications for business and management that integrate economic viability of companies and the sustainability of the life-supporting environmental and social systems. Today, companies are facing growing environmental and social challenges that increasingly affect corporate decision making, performance, and viability.

Strategic entrepreneurial responses to economic, social, political and technological environment – a literature review

CRJ

The purpose of the paper is to critically evaluate and synthesize the existing body of completed and recorded work produced by researchers, scholars and practitioners in the field of business strategy, with a particular emphasis on investigating the strategic responses, including changes in the strategies, structures and cultures, to name a few, applied by companies in response tochanges in the global business environment. The business environment in the 21st century has become very dynamic and keeps on changing over time. The market has been characterized by a high level of uncertainties that managers need to respond quickly if their companies are to survive in the market. The Literature Review was obtained by analysing relevant journal papers that discuss the main developments and current debates in the field, from 2016 and on. In this regard, Business Source Complete (EBSCO), ABI/Inform Collection (ProQuest), ScienceDirect, and Google Scholar databases were queried. As a contribu...