Institute for Strategic Management
ISM is active in three core research and activity fields:
business model innovation
strategy processes / open strategy
Inter-firm collaboration has become an indispensable tool to reach corporate strategic goals. The growing number of firms’ simultaneous engagement in multiple strategic alliances poses new challenges for researchers and managers alike. The growing importance of networked platforms for the provision of services and products lies at the heart of ISM's research activities.
BUSINESS MODEL INNOVATION
Business models have been emerging as a new unit of analysis among strategy scholars: they emphasize the system-level approach to doing and innovating business(es). ISM researches business models from a holistic view on firm-focal activities, their management, and innovation. We equally look into the management of multiple business models.
STRATEGY PROCESSES / OPEN STRATEGY
Organizational, interorganizational, and institutional activities place firms' strategic decision-making into a context within which competing technologies are selected, industries emerge or reform. ISM places its strategy research within the bidirectional firm-policy and firm-institutions interplay. We especially adopt open strategy and open innovation as well as organizational change perspectives.