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Agil und frugal in die Zukunft : Strategien für einen nachhaltigen Umgang mit Ausnahmesituationen


Fasnacht, Daniel (2021). Agil und frugal in die Zukunft : Strategien für einen nachhaltigen Umgang mit Ausnahmesituationen. ZFO - Zeitschrift fuer Fuehrung und Organisation, 04:243-248.

Abstract

Unpredictable events like Covid-19 lead to exceptional situations and make innovation projects and growth strategies obsolete. Customer needs can change radically within a few days and lead to socioeconomic, behavioral changes that are linked to trends like digital transformation and last for a long time. Conventional management concepts no longer work in a business paradigm that calls for quick reactions and business model innovations. Keeping the existing business running as efficiently as possible and at the same time developing new opportunities for the future requires agility, flexibility, and openness. Organizational resilience and behavioral resilience help to reposition over a crisis. For those who are open to novel approaches, the concept of frugal innovation creates new opportunities: targeted and cost-efficient satisfaction of client expectation, reduced to what the user needs at the moment. Creating customer added value with fewer resources is the first step towards responsible corporate management.

Abstract

Unpredictable events like Covid-19 lead to exceptional situations and make innovation projects and growth strategies obsolete. Customer needs can change radically within a few days and lead to socioeconomic, behavioral changes that are linked to trends like digital transformation and last for a long time. Conventional management concepts no longer work in a business paradigm that calls for quick reactions and business model innovations. Keeping the existing business running as efficiently as possible and at the same time developing new opportunities for the future requires agility, flexibility, and openness. Organizational resilience and behavioral resilience help to reposition over a crisis. For those who are open to novel approaches, the concept of frugal innovation creates new opportunities: targeted and cost-efficient satisfaction of client expectation, reduced to what the user needs at the moment. Creating customer added value with fewer resources is the first step towards responsible corporate management.

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Banking and Finance
Dewey Decimal Classification:330 Economics
Language:German
Date:2 August 2021
Deposited On:16 Nov 2021 09:38
Last Modified:15 Dec 2021 09:47
Publisher:Schaeffer - Poeschel Verlag
ISSN:0722-7485
OA Status:Closed
Other Identification Number:merlin-id:21285