scholarly journals DEVELOPING A SUSTAINABLE BUSINESS EXCELLENCE MODEL AND DISCUSSING KEY FACTORS

2021 ◽  
Vol 32 (1) ◽  
Author(s):  
Ping-Hsin Fan ◽  
Wei-Lun Chang
2019 ◽  
Vol 9 (1) ◽  
pp. 149-171
Author(s):  
Cristian Ramón Marín Sanchiz ◽  
◽  
Miguel Carvajal Prieto ◽  

The journalism industry faces difficulties in creating sustainable business models for the digital age. Communications research has looked at this challenge through case studies and panoramic perspectives, but there’s a lack of holistic views and a need for focus on value creation. In this situation, this paper presents a systematic literature review that confirms there’s a clear lack of standardization between the case studies, whose main focus have been revenue streams at the expense of deeper analysis of other key factors for the economic success of a company, like the value proposition. With the aim to contribute to the solution of this problem, the paper also proposes a methodological tool that allows future researchers to analyze the business model of a journalism company in a standard way with a view to facilitate better comparisons between companies and to understand success patterns of sustainable business models in order to promote innovation and knowledge exchange. Keywords: Business Models for Journalism; Revenue Streams for Journalism; Media Companies; Digital Journalism; Media Business Models Analysis; Media Economics.


2019 ◽  
Vol 58 (2) ◽  
pp. 221-238
Author(s):  
Naceur Jabnoun

Purpose The purpose of this paper is to develop an excellence model that combines noble ends and noble means to achieve sustainable business excellence (SBE). Design/methodology/approach The general framework of existing excellence models is used to develop the new model. Relevant literature on business excellence and current business and economic trends such as constructive capitalism, conscious capitalism, shared value, values-driven organizations and corporate governance are used to develop the basic concepts of the model. The criteria and the assessment method of the model are then developed based on the basic concepts. Findings This paper proposes a model for SBE. This model is aligned with conscious capitalism, constructive capitalism, shared value, values-driven organizations and corporate governance. The paper includes a comparison between this model and the most popular excellence models. Research limitations/implications This paper paves the way for more empirical and theoretical research on stakeholders’ business excellence models. Practical implications This model can be adopted by different national and international excellence awards. The adoption of this model can improve the benefits of shareholders, partners, customers, employees and the society at large. Implementing this model may be effective in transferring knowledge about conscious capitalism, values-driven organization and corporate governance to corporations worldwide. Social implications This may contribute to protecting the environment and reducing economic inequalities that have caused political and social instability. Originality/value Excellence models have been widely used with significant success all over the world. Although these models paid attention to customers and employees, they still reflect traditional capitalism that focuses on shareholders’ value. This model is aligned to new economic trends that foster sustainability and improve benefits of all stakeholders.


Author(s):  
Geok Chew Gan ◽  
Chin Wei Chong ◽  
Yee Yen Yuen ◽  
Wendy Ming Yen Teoh ◽  
Muhammad Sabbir Rahman

Author(s):  
Nadia Putri Agusalim

The fashion industry remains as one of the most highly competitive industries where many fashion designers may find it difficult to establish sustainable fashion businesses. Navigating through the fashion business and ensuring business success, growth and long-term sustainability were generally considered to be the ultimate goal and biggest challenge many fashion designers continue to struggle with. This study was aimed to determine all key factors that are integral and contribute to fashion business sustainability by presenting findings provided by three Indonesian fashion designer’s responses to the issue of fashion business sustainability, the various challenges, and what factors are needed to ensure a long lasting through semi-structured in-depth interviews. Overall findings revealed the need for fashion designers to have an entrepreneurial mindset and for fashion businesses to possess all sustainable business key factors in various aspects ranging from design, business and the various qualities from the fashion designer themselves, while also taking account of the external state which was set in the Indonesian fashion industry for business sustainability and organic business growth. Fashion designers who controls all these factors will have a significantly higher chance of sustainability while competing with other fashion businesses.


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