Enhancing Business Data Sharing in the Supply Chain Domain: A Framework of Infrastructural and Institutional Instruments

Effective data sharing plays a pivotal role in optimizing supply chain management and driving the operational excellence of businesses. However, certain barriers and challenges exist among the supply chain partners in communication and data exchange. This thesis investigates these barriers and proposes potential solutions, referred to as...

Product-service system business models in the building sector: barriers and solutions for companies

The construction sector's reliance on raw materials and the generation of waste necessitate a shift from the unsustainable linear economy to a circular economy (CE). Adopting Product-Service System (PSS) business models is crucial for achieving this transition. However, contractor companies in the building sector face barriers to implementing...

Role of IT Technologies in fostering Business Transformation: Case study of Philips

The term "digital transformation" (DT) has gained popularity, sparking interest across many academic fields and inspiring new lines of inquiry(Hausberg et al., 2019). With the adoption of new technologies helping deliver secure high-quality patient care and drive greater business efficiency, healthcare sector has gained significant benefits from...

A step towards Successful Implementation of Business Model Innovation: Philips Perspective

In today’s fast growing and competitive environment, keeping up with changing trends has become a necessity for firms to beat the competition. A relatively new form of innovation with a growing community of people have stated that Business Model Innovation is essentially the key to successful organizations nowadays. Several companies are failing...