Business Strategy
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Sustainability is a megatrend and has been a topic of great interest for decades. Even though, industrialization came forth with genius and profitable businesses it almost never took into consideration the value of natural capital and sustainability. According to a 2017 report by the UN, there are more than 51 trillion microplastic particles in the sea, more than 500 times the number of stars in the Milky Way. With the depletion of natural resources, increasing consumer education and the need for a better future the world has been prompted to take solid steps to control the menace that could be climate change and unsustainability. This paper makes an effort to understand the effect that sustainable marketing practices have on the profitability of an organization. The case studies of the three famous athleisure brands provides an insight into how sustainability can help companies drive towards a profitable and a circular future.
When scaling, startups face managerial challenges and a downfall in innovation. A growing team and the resulting increased communication and organizational complexity bring issues previously not existing. Accountability Systems can assist startups overcome the mentioned issues and maintain their essence of innovation, vital for their success.
This paper discusses the relevance and benefits of implementing formal managerial systems in a growing startup. By mapping out the interdependence of culture, innovation and growth, it is demonstrated how Accountability Systems can support the preservation of an innovative culture when scaling a startup.
In a time when innovation is often disregarded due to a focus on process efficiency, Accountability Systems can provide a valuable tool for managing transition. This thesis serves as a general evaluation of Accountability Systems and their benefits. It is important to note that this paper is not intended to serve as a directly adaptable guide for startups.
An Analysis of the Recent Developments in the Competitive Situation of the German Airline Industry
(2019)
This study analyzes the competitive situation of the German airline industry for short-and medium-haul flights. Developments within the industry’s market structure and its concentration as well as its attractivity are assessed with the help of a supply-and demand-model as well as an H.H.I. Index calculation and the utilization of the Five Forces Model. This is followed by an evaluation of the operations of the largest carriers in the course of a value chain, to determine how the incumbent operator Lufthansa is affected by the developments within the industry also in regard to competitive positioning. The study is finalized with a SWOT analysis in order to give recommendations as to how Lufthansa can improve its positioning and to see how the industry will develop further in the future. The results indicate a development from a monopoly to a Bertrand oligopoly with intense competition based on price, a trend that is further confirmed by high market concentration indicating an increase in power for the top three airlines but also more fierce rivalry between those carriers. The current market environment is notparticularly attractive and therefore difficult to operate in, especially for Lufthansa as a premium full-service carrier. Lufthansa’s largest difficulties are created by its high operational and personnel cost compared to its low-cost competitors. These expenses can be reduced by strategic investments into digitization and automation along with a fleet modernization in order to benefit from technological trends and meet the demand of the future’s passenger.
This study aims to deliver a strategic and systematic analysis about the consumer loans banking business with the integration of industry 4.0. Industry 4.0 itself comprise of a lot of things in regards of advance technology being used in order to create more value to the company. The purpose of this study also determine which components of industry 4.0 are suitable and applicable in the consumer loans banking business. This thesis uses secondary data as a primary resource to provide research objective. The secondary data collected through the use of published journal literature as well as the academic literatures. The research starts by providing the general information and literature about the consumer loans banking business and the industry 4.0 as well. Following by the reason why the consumer loans banking business need the technological advancement of industry 4.0. Next, this thesis also gathers the quantitative data related to financial measurement to provide more understanding the consumer loans banking business. The analysis is carry out by using the three level of environmental analysist segmentation in which commonly use for the industry analysis. The first factor is the PEST analysis, it resembling the external factor of the industry, second is the Porter’s five forces to explaining the operating forces within the industry, the third is the value chain analysis. The findings of this thesis pose important implication for bank consumer loans business stakeholders with the purpose to integrate or related to industry 4.0 technological advancement, providing enough information about the keys factor and analysis behind the industry.
Sustainability, encompassing the economy, the environment, and society in equal parts, is an increasingly prominent topic that is gaining in importance and awareness due to the climate crisis and the resulting urgent need for action. It is essential to simultaneously focus on the global and on the local scale in order to create a paradigm shift. This study addresses the attitude-behavior gap of employees in the daily operations within companies and evaluates how nudges can be implemented to narrow this gap. A literature review was conducted to understand the separate topics of sustainability, the attitude-behavior gap, and nudging. Based on these three topics and their interrelation, exemplary nudges on habits and on infrastructure to be applied in a company and modified to its needs are developed. The method of implementation of nudges cannot be generalized because (1) attitudes and behavior and their interrelation are individual and influenceable factors and (2) the corporate context and how nudges are communicated impact the effectiveness of the interventions. Investing in internal sustainability practices in combination with indispensable external practices leads companies to a holistic, authentic, and successful approach towards becoming a sustainable business.
Keywords: Attitude-Behavior Gap, Nudging, Corporate sustainability
The impact of the Fourth Industrial Revolution has driven companies towards an ongoing digital transformation. This creates a considerable market push and pull from consumers for innovative technologies given the benefits they convey. In the corporate world this translates to the objectives of companies for gaining competitive advantages, created by the integration of new digital solutions, for the creation of value.
The advantages of a continuous integration of technologies within all areas of an organizations conveys the need for more adaptive resources. A major player in charge of leading said transformation for the obtention of unprecedented benefits is the Information Technology Department (IT). Therefore, the ongoing accelerated demand for digital solutions requires an accelerated delivery as well from the IT.
The limited resources, particularly from employees capable of continuously developing digital solutions, represents an unsustainable approach given the gap between growing demand and supply for new technological advancements.
Employees within the organizational context of MHP Management- und IT Beratung GmbH, who are addressed in this thesis as the customers of the MHP-IT, are presented with an alternative approach to fulfil the current demand for digital solutions through their integration in the process; this would empower them to contribute in the companies digital transformation journey. The proposed way of doing so is through the introduction of the Power Platform tools in corporate MHP.
The objective of this thesis focuses on the fundamental change that the incorporation of the Power Platform conveys on individuals within their work environment. This is aimed at the identification of possible approaches that can foment organizational acceptance, for the abovementioned platform, as an alternative way of creating value. This is achieved through the evaluation of individual values for their successful incorporation as citizen developers empowered to create.
The Organizational Cultural Assessment Instrument has been chosen as a methodology for answering the research objectives of identifying the current values that employees have in their work environment, as well as to bring forward tailored recommendations as adequate measures to drive the incorporation of the Power Platform. Complementing this is the identification of predispositions from potential users via qualitative and quantitative methods.
Given the benefits that the Power Platform creates in different operational fields, results indicate a premature acceptance for the introduction of the same as a suitable alternative for creating digital solutions. Furthermore, the conducted organizational environment study, also referred to as culture, highlights the dominant values present among the workers of MHP. This delineates a tailored approach of different measures that can be taken for introducing the Power Platform, as a digital transformation tool, and empowerment of citizen developers.
Emphasise is given to the identified inclinations from employees, as these constitutes the prioritization of procedures according to their values, through which the implementation of change can be coped with and the acceptance of the Power Platform tools increased.
In times of globalization the international market development poses one of the trend-setting challenges for many companies in the future. Companies are facing in an increasing intensity of competition in their market environment. This development is expedite by the growing technological exchangeability of products, so the differentiation on the technological dimension will be hampered significantly. All the more the necessity of the foreign sales come to the fore to counteract the degree of competition. The research question is: How can Kendrion IDS participate in the Northern European market to generate further growth?
The aim of this thesis is to detect the industry-specific market potentials for the target-oriented and strategic business development in Scandinavia.
In order to achieve the stated objective, the initial position of Kendrion IDS was investigated on the basis of a situation analysis. Within this analysis the internal strengths and weaknesses were examined. Afterwards the relevant markets and the industries were tested for opportunities in the market analysis and for external risks in the environmental analysis. The outcome of this is the developed SWOT-analysis, which states that depending on the country in Scandinavia there are potentials in different industries. The findings prove that different distribution channels lead to a different extent of success.
In der vorliegenden Arbeit wird der Sales Support der Aesculap AG Tuttlingen, welcher im Juni 2017 als Servicecenter eingeführt wurde, sowie die Möglichkeit der Einführung eines First-Level-Supports analysiert. Da der Customer Service immer bedeutender wird und der Sales Support neu implementiert wurde stellt sich die Frage, welche Faktoren den optimalen Aufbau eines Servicecenters bestimmen. Hierfür werden zehn Schlüsselfaktoren definiert, um den Ist-Zustand des Sales Support zu bewerten. Durch qualitative und quantitative empirische Untersuchungen werden die Mitarbeiterzufriedenheit, die Kundenzufriedenheit sowie die Organisation der Abläufe und der Arbeitsaufwand untersucht. So können Rückschlüsse auf Verbesserungsmöglichkeiten gezogen werden. Die Ergebnisse zeigen, dass sich der Sales Support bisher gut etabliert hat und die optimale Strukturierung eines Servicecenters stets individuell an das Unternehmen angepasst ist. Des Weiteren wird deutlich, dass einige Maßnahmen notwendig sind, um zum einen die Bekanntheit des Sales Supports zu steigern und zum anderen effizientere Abläufe zu gewährleisten. Außerdem wird deutlich, dass kein Bedarf an der Einführung einer weiteren Level-Struktur besteht.
Der demographische Wandel mit der immer älterwerdenden Gesellschaft, dem damit einhergehenden Anstieg an chronisch kranken Menschen und dem gleichzeitigen Mangel an Hausärzten kann dem Gesundheitswesen in Zukunft viele Schwierigkeiten bereiten. Die Einführung der Telemedizin in Deutschland soll diesen Problemen entgegenwirken.
Die Arbeit beschäftigt sich damit, aufzuzeigen, wie wichtig es ist in die Telemedizin zu investieren und welche Potenziale besonders in Hausarztpraxen genutzt werden könnten.
Um einen Einblick in die bisherige Integration der Telemedizin in Deutschland zu bekommen, wurde im Rahmen der vorliegenden Bachelorarbeit eine Befragung erstellt, die an Patienten von Hausarztpraxen gerichtet wurde. Daraufhin wurden Tiefeninterviews mit unterschiedlichen Akteuren des Gesundheitswesens geführt, um sowohl die Perspektive der Patienten als auch die Perspektive der Telemedizinanbieter, Hausärzte und Krankenkassen zu beleuchten. Nach der Analyse der Datenerhebung konnten darauf aufbauend Handlungsempfehlungen erarbeitet werden, um die Integration von telemedizinischen Anwendungen in Hausarztpraxen zu erleichtern und das Angebot an die Bedürfnisse der Patienten anzupassen.
Die Ergebnisse der empirischen Forschung belegen, dass die Mehrheit der Patienten offen für die Nutzung telemedizinischer Anwendungen ist, aber dennoch Handlungsbedarf auf Seiten der Hausärzte besteht aufgrund vieler unterschiedlicher Hürden, die noch bewältigt werden müssen, wie die geringe Akzeptanz gegenüber neuen telemedizinischen Möglichkeiten und die technischen Gegebenheiten in den Arztpraxen.
Beim Kauf eines Produktes achten Kunden heutzutage nicht mehr ausschließlich auf den Preis. Durch das Internet lassen sich alle Aspekte von Kaufpreis über Produktfeatures einfach und unkompliziert vergleichen. Vor allem in Krisenzeiten gewinnen Aspekte aus dem Servicebereich, wie Garantie, immer mehr an Bedeutung. Ziel dieser Arbeit ist es, für die KaVo Dental GmbH eine Strategie im Servicebereich mit Fokus auf die Garantiebestimmungen in der Business Unit Instrumente zu entwickeln, mit der die auftretenden Probleme minimiert werden können. Dazu wird der Dentalmarkt und der Wettbewerb analysiert und anhand eines definierten Produktportfolios die Probleme und Herausforderungen erarbeitet. Daraus resultieren zu kurze Garantiezeiten und hoher Druck der Konkurrenz. Mithilfe einer Unternehmen- und Complaintanalyse wird die interne Situation des Unternehmens betrachtet. In dieser Arbeit werden Ansätze erarbeitet, wie diesen Herausforderungen entgegengewirkt werden kann, Diese Ansätze werden mit einer Entscheidungsmatrix miteinander verglichen und bewertet. Aus dieser Bewertung lässt sich die Handlungsempfehlung für das Unternehmen ableiten. Mit der Umsetzung dieser definierten Empfehlung kann das Unternehmen und die Marke KaVo am Markt mit Innovation und „Service Excellence“ profitieren.