Political Exploratory Analysis of the Business Model Innovations

Authors

  • Syed Rizwan Haider Bukhari Author
  • Hira Anwer Author

Keywords:

Digital Transformation, Business Model Innovation, management consulting firms

Abstract

(BMIs) enhance organizational and value by transforming underlying models. Management consulting (MCFs) play a crucial role in business model  and performance. Digital serves as a critical bridge BMIs and MCFs, facilitating the
implementation of advanced business through information technology
(IT).


Methodology: This exploratory study the impact of digital on business model innovation MCFs. The research examines how utilize IT to explore and implement ideas that enhance customer and operational performance.

Results/Findings: The study finds that digital transformation enables to discover and apply innovative that improve their operational By developing strategic digital transformations, MCFs can redefine business model innovations to meet global demands and technological advancements. This integration of digital technology helps MCFs to enhance their service offerings and align business models with customer activities and strategies.

Future Direction: Future research should focus on the long-term effects of digital transformation on BMIs in various industries. Additionally, investigating the role of emerging technologies such as artificial intelligence and block chain in further enhancing BMIs within MCFs could provide valuable insights. The continuous evolution of e-commerce and advanced technologies underscores the need for ongoing innovation to meet global customer needs effectively.

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Published

2023-01-01