Strategic decisions in turbulent times: Lessons from the energy industry

Giones, Ferran; Brem, Alexander; Berger, Andreas

doi:10.1016/j.bushor.2018.11.003

Cited by 37 publications

(29 citation statements)

References 30 publications

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“…This paper makes two assumptions, which are both empirically verified. First, it assumes that the higher the strategic analysis level, the higher the business performance [48]. Indeed, strategy is assumed to be relevant in explaining variations in firm profitability and performance [49].…”

Section: Design and Hypothesesmentioning

confidence: 99%

Energy-Efficient Products and Competitiveness in the Manufacturing Sector

Foggia

2021

Journal of Open Innovation: Technology, Market, and Complexity

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Transition to a low-carbon, energy-efficient economy presents an opportunity to enhance the sustainability and competitiveness of manufacturing firms. The integration of energy-efficiency solutions into products resembles the concept of servitization that is now a lever for product competitiveness and, in turn, business performance. Based on empirical data from 293 manufacturers of electrical equipment or machinery and equipment, this paper analyzes the relation between energy-efficiency servitization capacity and performance using two structural equation models. To test the mediating role of servitization capacity, the first model uses strategic analysis of competitive structure to predict business performance, while the second model uses knowledge of the regulatory framework. Results suggest that both strategic analysis of competitive structure and knowledge of the regulatory framework positively influence performance via improving servitization capacity. With demand for new energy-efficient products expected to increase, products with a reduced energy footprint and energy-management services are needed for industrial processes to contribute to decarbonizing the economy.

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Section: Design and Hypothesesmentioning

confidence: 99%

Energy-Efficient Products and Competitiveness in the Manufacturing Sector

Foggia

2021

Journal of Open Innovation: Technology, Market, and Complexity

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“…Признанные технологические лидеры еще не смогли найти решение, как обезопасить че ловечества от нового вируса, а правительства даже самых развитых стран пытаются решить дилемму экономическое развитие vs здоровье граждан [7].…”

Section: методыunclassified

Innovative Development of a Human-Centered Economy in the Context of Overcoming the Pandemic

Shkarupeta

Goncharov

Serebryakova

2020

Vestn. Voronež. gos. univ. inž. tehnol.

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The article examines the theoretical and practical aspects of the innovative development of the human-centered economy in the context of overcoming the pandemic. The relevance of the study is confirmed by the fact that the world of high technologies, accelerated development and violent digitalization creates new rules of life. To the traditional risks that influenced humanity and caused crises in the past, the study adds new ones related to privacy of personal data and cybersecurity, artificial intelligence and new jobs, instant information dissemination and manipulation of public opinion, inequality of opportunities and environmental threats. It is concluded that the pandemic has become a powerful trigger for innovation. Social distancing technologies, which were especially popular during the coronavirus outbreak, are at the peak of demand. The pandemic has also adjusted the logic of providing government support to technology entrepreneurs. Among the priorities is support for domestic digital services that improve the quality of life online and provide social distancing. In conclusion, it was concluded that each crisis is unique, just as unique are the recipes for overcoming it, and each new wave brings new recipes to the entrepreneur and investor's piggy bank of how to build a sustainable business that is not afraid of threats of any type - from financial to biological. To protect oneself technologically from the shocks associated with the crisis, maximum digitalization of business processes and the use of modern business models, industrial automation using industrial Internet technologies, predictive analytics, the use of the most modern digital sales channels, and investments in personnel development are required. These and many other factors make up a modern sustainable business model.

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“…Decision-making based on imperfect information is however risky because it increases the likelihood of strategic slipups. Indeed, in dynamic industries, fleet managers must make the right strategic choices while additionally performing their main activities and looking to the future of the market they operate in (Giones et al, 2019). This article focuses on the role that information plays in decision-making regarding EV adoption, particularly the prominent role of technical understanding and economic awareness.…”

Section: Introductionmentioning

confidence: 99%

Drivers and challenges of electric vehicles integration in corporate fleet: An empirical survey

Foggia

2021

Research in Transportation Business & Management

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Low-carbon economy roadmaps aim to reduce transport emissions by relying, at least to some extent, on electric vehicles. The uptake of electric vehicles on a mass scale requires the simultaneous adoption of such vehicles for private and commercial purposes. Although literature regarding the private sphere is consistent, there is comparatively less empirical research seeking to explain the factors that enable and hinder the uptake of electric vehicles at a commercial level at which fleet managers have a prominent role. Based on an empirical survey conducted in Italy, this paper investigates the role of technical and financial information in fleet managers' procurement decision-making. Results suggest a lack of awareness regarding technical characteristics of vehicles, given that 59% of the fleet managers surveyed scored low to medium. Furthermore, a misalignment related to the expected investment payback period was observed, considering that 49% declared that they expect a payback period within three years. Given that exposure to electric vehicles within fleets constitutes an incentive for private purchase, well-designed policies for corporate fleets' electrification would lead to remarkable growth of the electric vehicles market.

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Strategic decisions in turbulent times: Lessons from the energy industry

Cited by 37 publications

References 30 publications

Energy-Efficient Products and Competitiveness in the Manufacturing Sector

Energy-Efficient Products and Competitiveness in the Manufacturing Sector

Innovative Development of a Human-Centered Economy in the Context of Overcoming the Pandemic

Drivers and challenges of electric vehicles integration in corporate fleet: An empirical survey

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