Interest in corporate purpose has increased in recent years due to the need for authentic, pro-social, and profitable solutions to contemporary problems. Changing employee and customer expectations, coupled with new regulations and disruptive environmental changes, have pushed companies to define their true raison d’être, becoming purpose-oriented. Implementing purpose requires integration into a company’s strategy and business model. However, research on corporate purpose and business models has mainly focused on hybrid organizations, such as commercial non-profits, to analyze how they balance their attention between social and economic goals. Our research extends the analysis of this tradeoff to for-profit organizations using eight purpose-driven companies to determine which strategic principles and decisions have enabled companies to incorporate purpose into their business models. While not yet constituting best practices, the results show common patterns that allow harvesting the benefits of purpose while avoiding the pitfalls of inauthentic signaling. These patterns align with the Three-Pillar Model of Sustainable Purpose, Travelling Organization, and Connectivity (see. https://link.springer.com/chapter/10.1007/978-3-030-23227-6_3 ).

错误:搜索内容不能为空,请输入英文关键词
错误:关键词超出字数限制,请精简
高级检索

Purpose in Business Models: Strategic Principles and Key Decisions

  • Albena Björck,
  • Carlo Pugnetti,
  • Nicole Steller,
  • Béatrice Vogel,
  • Aisha Aebischer

摘要

Interest in corporate purpose has increased in recent years due to the need for authentic, pro-social, and profitable solutions to contemporary problems. Changing employee and customer expectations, coupled with new regulations and disruptive environmental changes, have pushed companies to define their true raison d’être, becoming purpose-oriented. Implementing purpose requires integration into a company’s strategy and business model. However, research on corporate purpose and business models has mainly focused on hybrid organizations, such as commercial non-profits, to analyze how they balance their attention between social and economic goals. Our research extends the analysis of this tradeoff to for-profit organizations using eight purpose-driven companies to determine which strategic principles and decisions have enabled companies to incorporate purpose into their business models. While not yet constituting best practices, the results show common patterns that allow harvesting the benefits of purpose while avoiding the pitfalls of inauthentic signaling. These patterns align with the Three-Pillar Model of Sustainable Purpose, Travelling Organization, and Connectivity (see. https://link.springer.com/chapter/10.1007/978-3-030-23227-6_3 ).