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Toward a Comprehensive Model of Organizational Evolution : Dynamic Capabilities for Innovation and Adaptation of the Enterprise Model

Author

Listed:
  • Maurizio Zollo

    (Università Bocconi)

  • Emanuele Luca Maria Bettinazzi

    (Università Bocconi, EM - EMLyon Business School)

  • Kerstin Neumann

    (Università Bocconi)

  • Peter Snoeren

    (Università Bocconi)

Abstract

This article argues that the rapid evolution of expectations and influence capacity by corporate stakeholders requires managers in MNCs not only to adapt operating activities, but to rethink the purpose and overarching goal of the business enterprise, adapting it from a shareholder-primacy to a multi-stakeholder enterprise model. This complex adaptation process, however, requires the development of a specific form of competence to be developed and honed, different in kind from the typical capabilities focused on organizational change. With the help of concrete examples of sustainability-driven change initiatives, we discuss how the two enterprise models differ and how the development of this new type of competence facilitates the transition from one to the other.

Suggested Citation

  • Maurizio Zollo & Emanuele Luca Maria Bettinazzi & Kerstin Neumann & Peter Snoeren, 2016. "Toward a Comprehensive Model of Organizational Evolution : Dynamic Capabilities for Innovation and Adaptation of the Enterprise Model," Post-Print hal-02311935, HAL.
    • Handle: RePEc:hal:journl:hal-02311935
    DOI: 10.1002/gsj.1122
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    Cited by:

    1. Inigo, Edurne A. & Albareda, Laura, 2019. "Sustainability oriented innovation dynamics: Levels of dynamic capabilities and their path-dependent and self-reinforcing logics," Technological Forecasting and Social Change, Elsevier, vol. 139(C), pages 334-351.
    2. Akter, Shahriar & Gunasekaran, Angappa & Wamba, Samuel Fosso & Babu, Mujahid Mohiuddin & Hani, Umme, 2020. "Reshaping competitive advantages with analytics capabilities in service systems," Technological Forecasting and Social Change, Elsevier, vol. 159(C).

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