A “boundary approach” for BMI development in the current digital and sustainable landscape
| The main advantages | ||
|---|---|---|
| of boundary strategies → | for BMI development → | in the current digital and sustainable landscape |
| To gain access to resources | To extend competitive advantage sustainability | To speed up the access to resources |
| Access to resources/capabilities that are difficult to replicate and/or to acquire on the market | Obtain more defensible and sustainable competitive advantage positions | Sooner access to critical resources for increase competitive advantage and compliance with regulatory changes in sustainability and digital transformation |
| To increase creativity and innovation | To expand the know-how | To foster open innovation through new touch points |
| Increase creativity and innovation outside of the corporate boundaries by improving the firm-environment relationship and enhancing the corporate image and reputation | Develop new knowledge, increase building blocks fit and improve corporate culture | Foster sharing knowledge and open innovation processes thanks to digital connections. Allow to activate actions and strategic reactions to socio-environmental dynamics |
| To perk up your ears | To change the rules of the game | To catch and “make sense” of weak signals |
| Foster the firm’s capability to grasp external stimulus driven by current and emerging mega-trends | Opportunity to acquire privileged competitive positions and even to rewrite the “rules of the game” | Permit to capture weak signals from the business market thanks to the relations among different actors by defining more impactful strategies related to digital and sustainability |
| To exploit ICT | To exploit predictive analysis for decision-making | To speed up information analytics |
| Exploit information technologies to manage a large amount of data by increasing firms' portfolios of resources and knowledge | Support the information and control systems and decision-making processes especially in a long-term – and in a predictive – view | Guide an easier and faster interpretation of information, as well as their quicker use in inter-firm systems, essential to managing the firm’s process complexity in the digital and sustainability-oriented world |
| To improve operations performance | To increase the value creation from innovation | To improve the reaction capability to the external shocks |
| Improve the supply chain’s flexibility, reduce time to market and maximize potentiality and speed of operations processes to create more innovative outputs | Reduction of risks of the innovation process with positive impacts on the firm’s competitive and financial performance | Increase the reaction capability along the entire supply chain facilitating the quick adaptation of the overall operating production processes to changes in the market and regulatory references |
| To reduce costs | To achieve cost advantages | To support supply chain redesign |
| Share processes and activities by minimizing operating costs and implement a cost control plan and budgeting | Acquire competitive advantage positions through the implementation of cost strategies and systems of inter-organizational strategic cost management | Allow to adapt to the changes required by the environment and to redesign the entire supply chain to satisfy more effectively conscious and technological customers |
| To promote new value systems | To develop linking and bearing strategies | To foster information sharing |
| Promote new inter-organizational relationships based on the cooperation, collaboration and communication between firms’ networks | Manage the relationships with external partners thanks to linking” and “bearing” strategies | Rise the connection among corporate teams/units of several firms permanently digital-connected favouring the circulation of information and the joint fertilization of knowledge |
| To promote the training of managers for inter-organizational management | To exploit the value proposition | To exploit the boundary managers |
| Exploit the capabilities of top managerial figures devoted to the management of boundaries, namely boundary managers | Generate new ideas and skills to enrich the value proposition and the value creation process by creating successful inter-organizational links between different firms | Exploit the boundary managers’ capabilities through international relational and/or exchange systems to use digital technologies and manage the sustainability processes |
| The main advantages | ||
|---|---|---|
| of boundary strategies → | for BMI development → | in the current digital and sustainable landscape |
| Access to resources/capabilities that are difficult to replicate and/or to acquire on the market | Obtain more defensible and sustainable competitive advantage positions | Sooner access to critical resources for increase competitive advantage and compliance with regulatory changes in sustainability and digital transformation |
| Increase creativity and innovation outside of the corporate boundaries by improving the firm-environment relationship and enhancing the corporate image and reputation | Develop new knowledge, increase building blocks fit and improve corporate culture | Foster sharing knowledge and open innovation processes thanks to digital connections. Allow to activate actions and strategic reactions to socio-environmental dynamics |
| Foster the firm’s capability to grasp external stimulus driven by current and emerging mega-trends | Opportunity to acquire privileged competitive positions and even to rewrite the “rules of the game” | Permit to capture weak signals from the business market thanks to the relations among different actors by defining more impactful strategies related to digital and sustainability |
| Exploit information technologies to manage a large amount of data by increasing firms' portfolios of resources and knowledge | Support the information and control systems and decision-making processes especially in a long-term | Guide an easier and faster interpretation of information, as well as their quicker use in inter-firm systems, essential to managing the firm’s process complexity in the digital and sustainability-oriented world |
| Improve the supply chain’s flexibility, reduce time to market and maximize potentiality and speed of operations processes to create more innovative outputs | Reduction of risks of the innovation process with positive impacts on the firm’s competitive and financial performance | Increase the reaction capability along the entire supply chain facilitating the quick adaptation of the overall operating production processes to changes in the market and regulatory references |
| Share processes and activities by minimizing operating costs and implement a cost control plan and budgeting | Acquire competitive advantage positions through the implementation of cost strategies and systems of inter-organizational strategic cost management | Allow to adapt to the changes required by the environment and to redesign the entire supply chain to satisfy more effectively conscious and technological customers |
| Promote new inter-organizational relationships based on the cooperation, collaboration and communication between firms’ networks | Manage the relationships with external partners thanks to linking” and “bearing” strategies | Rise the connection among corporate teams/units of several firms permanently digital-connected favouring the circulation of information and the joint fertilization of knowledge |
| Exploit the capabilities of top managerial figures devoted to the management of boundaries, namely boundary managers | Generate new ideas and skills to enrich the value proposition and the value creation process by creating successful inter-organizational links between different firms | Exploit the boundary managers’ capabilities through international relational and/or exchange systems to use digital technologies and manage the sustainability processes |
Source(s): Table by authors
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.