Saturday, May 23, 2020

Strategies For Minimising Barriers to Communication - Free Essay Example

Sample details Pages: 9 Words: 2651 Downloads: 9 Date added: 2017/06/26 Category Uncategorized Essay Type Argumentative essay Did you like this example? Q:- 1 Strategies for minimising barriers to communication. Ans:- Introduction:- Viable correspondence is unbelievably essential in todays business surroundings in light of the fact that organizations regularly work in numerous nations and workforces are getting to be more multicultural. Representatives who can adequately convey in a worldwide environment frequently end up having the capacity to undertake more troublesome and complex work assignments, voyaging and working in different societies, and getting advancements. Look to comprehend the why of society: Not understanding why individuals do the things they do can be very hindering to organizations and representatives trying to direct business in different nations. I have witnessed this and have understood the imperativeness of taking the time to look into different societies top to bottom to encourage viable correspondence. Activity: Spend time scrutinizing the society, research the individuals and look to comprehend the why behind why individuals do the things they do. Try to see in front of an audience and backstage conduct: People act a certain path ready to go when they know they are in front of an audience. These are the practices most generally seen by others, particularly the individuals who are not acquainted with the other society. Notwithstanding, there are likewise backstage practices which are typically oblivious. Activity: Seek to comprehend the dramatic versus backstage practices. Utilize a characterized methodology to attempt and comprehend the society: I have discovered it to be useful in the event that I record key inquiries I need to see about each one society. At that point I take after the methodology of noting these key inquiries for every new society. Activity: Determine a methodology you will use to deliberately research the new society. An incredible asset to utilize is the book, When Cultures Collide: Managing Successfully Across Cultures, by Richard D. Lewis. Look to better comprehend yourself: When we research something new, its a human propensity to think about the new against what we know. The better we know and comprehend ourselves, the less demanding it gets to be to look into new societies. Activity: Seek to comprehend yourself with the goal that you can better comprehend others. Be mindful of and attempt to evade certain practices: As you research and look into new societies, be mindful of and cease from partiality, inclination, and separation. These are practices that can contrarily cloud your learning background. Attempt to keep an open personality in light of the fact that nobody society is superior to an alternate à ¢Ã¢â€š ¬Ã¢â‚¬Å" societies are just distinctive and interesting. Activity: Try your best to keep an open personality and non-judgmental disposition as you look into different societie (Businesscasestudies.co.uk, 2014) Q:- 2 Identify at least five perceived key barriers to the intended innovation project into the organisation, and plan a strategy to overcome each barriers..? Ans:- Barriers:- Hazard shirking One of the elements that decides the achievement of advancement is the degree to which individuals and associations are readied to go out on a limb. This is on the grounds that the exact aftereffects of advancement are hard to anticipate, and individuals would prefer not to be considered in charge of plans that dont turn out not surprisingly. All things considered, advancement means going for broke and being eager to acknowledge those dangers, however this ability is frequently needing. Inflexible Legislation and regulations Enactment is constantly situated for past issues circumstances, however new issues generally dont fit in the 1995 enactment. We can accordingly presume that development frequently clashes with enactment and regulations, and the other way around. Laws, principles and acquisition systems are drawn up because of spe cific target circumstances focused around genuine practice. Scattered abilities and divided learning Learning and ability get to be more divided because of venture based work. As a rule, the methodology is deferred through an absence of data/criticism information and insufficient interchanges between the stakeholders included. So the trouble in abusing learning and skills is principally one of sorting out the limit conditions for new arrangements, new mixes of information, encounter and individuals. Stakeholders must have the capacity to gain from past encounters so they can utilize these lessons on new activities. Fleeting concentrate on account plans Similarly as with all ventures, the expenses of development go before the returns. Expenses and returns may be hard to gauge when managing a long haul skyline, making it hard to clarify to speculators what the ROI could be. An alternate obstacle when managing open private activities: the allotment of expenses or comes back to the members arent clear forthright on the grounds that they cant generally be expressed in budgetary terms. Pilot area to test innovation Pilot area is required à ¢Ã¢â€š ¬Ã¢â‚¬Å" physical, managerial, procedural and monetary à ¢Ã¢â€š ¬Ã¢â‚¬Å" and time with the goal that individuals can explore different avenues regarding new arrangements and applications. To support advancement, a shielded environment is required. In a pilot area advancements can be completed without weight to convey positive comes about quickly or without the proposed developments needing to help existing, formal system targets and administration obligations. Absence of criticalness Advancement must be focused around the inclination that something is important, in short, there must be a feeling of criticalness. To create a feeling of desperation in the area, there must be an inclination that without your new item/asset/organization/and so on., something will happen. In any case, the requirement fo r advancement to avert issues in the more extended term is regularly not obvious. In spite of the fact that a feeling of criticalness is failing to offer, the advancement may well be defended Strategy to overcome:- There comes a period in any association that change gets to be negative to the survival of the organization. An association that does not or wont consider change is bound to disappointment and in the end will stop to exist. Hindrances to imagination and development must be recognized and an innovative advancement usage arrangement set up. In the first place, it is essential to distinguish such boundaries keeping in mind the end goal to overcome them. This keeps an individual from investigating new thoughts and is the most obvious reason that imagination and development dont happen. Whats more, poor administration and responsibility to change can assume a monstrous part. This will keep your association one stage ahead, being allowed to look opportunities throug h creative techniques for development and change. Change is steady in todays general public, so we must permit ourselves to grasp and acknowledge that change with energy, availability, and readiness. (2014) Q:- 3 Develop a strategy plan the company can use to assist stakeholders to develop a self awareness of their own organisational culture.? Ans:- How would you oversee society? Each association that exceeds expectations at building, strengthening, and leveraging their extraordinary society in backing of conveying maintainable execution has fabricated a solid society establishment. Building a solid establishment A Define/Align/Manage system for building a solid society establishment is illustrated in the new book Build the Culture Advantage, Deliver Sustainable Performance with Clarity and Speed. Beginning exertion is centered around a few key practices, as Booz proposes in their study and infographic, however more extensive collaboration is must be centered ar ound just 1-2 basic execution needs so advancement and force can construct. Heres a condensed clarification of the first change stage, Build the Foundation: Characterize Start in light of the end à ¢Ã¢â€š ¬Ã¢â‚¬Å" Stephen Covey Step 1 à ¢Ã¢â€š ¬Ã¢â‚¬Å" Evaluate your current society and execution: Step 2 à ¢Ã¢â€š ¬Ã¢â‚¬Å" Clarify your beginning vision: Define your vision for enhancing results with one and only or two of the execution needs from step No. 1 and how you will construct a society advantage by leveraging the worth/conduct qualities and enhancing the shortcomings. Unmistakably convey how you will cooperate to enhance the frail regions since they are keeping your association away from supporting your motivation and stakeholders. Step 3 à ¢Ã¢â€š ¬Ã¢â‚¬Å" Clarify values and expected practices: Define supporting expected practices for the 1-3 shortcomings that you recognized in step #1. These practices would be reliably shown in your association on the off chance that you were existing your qualities. People decipher values from their viewpoint so characterize expected practices like Zappos, The Container Store, and others. Adjust Collaboration is the capability to cooperate to a typical vision à ¢Ã¢â€š ¬Ã¢â‚¬Å" Andrew Carnegie Step 4 à ¢Ã¢â€š ¬Ã¢â‚¬Å" Clarify vital needs: Define and plainly impart the 3-5 noteworthy key needs that your association will concentrate on to backing the 1-2 execution needs included in your beginning vision from the Define steps. In the event that the execution need is development, will it be accomplished through new items or administrations, changed deals methods, development with current clients, or different techniques. Representatives need and need to comprehend the whole enchilada. Step 5 à ¢Ã¢â€š ¬Ã¢â‚¬Å" Engage your group in characterizing SMART objectives: Engage your association and use far reaching criticism and prioritization to characterize the destinations that backing every ke y need. These objectives need characterized in a manner to help the normal practices for the 1-2 shortcomings you distinguished from the Define steps. Case in point, if responsibility is a shortcoming, objectives ought to incorporate more trained arrangements, measures, surveys, distinguishment, and different methodologies to backing the conduct you require. Objectives additionally need meant all levels in bigger associations so individuals see how chip away at their objectives and measures affects the more extensive association. Step 6 à ¢Ã¢â€š ¬Ã¢â‚¬Å" Clarify and track key measures: Identify a little number of general measures that backing the one or two top execution needs from the Define steps. It may help to have one very obvious binding together metric regardless of the possibility that a few workers dont specifically impact it. Oversee A society of order is not a standard of business, it is a rule of significance à ¢Ã¢â€š ¬Ã¢â‚¬Å" Jim Collins Step 7 à ¢Ã¢â€š ¬ â€Å" Maintain an administration framework for needs and objectives: Most associations have a framework to track or screen the status of needs and objectives. These audits need acclimated to center extra time and consideration on the top execution needs and quality/conduct movements distinguished in the Define steps. The center must be on results and supporting the conduct move through distinguishment, guiding, uprooting obstruction Step 8 à ¢Ã¢â€š ¬Ã¢â‚¬Å" Manage correspondence propensities and schedules: Transparent, bona fide and steady correspondence is required about your execution change venture and the part of society so all workers feel a piece of the methodology. Frequently planned sessions with two-way correspondence and broad casual methodologies are required to underscore expected practices and results. Utilize these sessions to elucidate arrangements, answer inquiries, uncover bits of gossip and diminish show. Step 9 à ¢Ã¢â€š ¬Ã¢â‚¬Å" Build inspiration all thr ough the methodology: Feedback and distinguishment are discriminating to the procedure. Impart and praise advance in a transparent way as a standard piece of normal correspondence exercises. Stand up to reality when changes dont go as arranged and re-captivate your group to prioritize modification (Wikipedia, 2014) Q:- 4 Develop a stakeholder communication strategy plan to minimise and overcome perceived implementation barriers.? Ans:- In many associations, conveying the status of dynamic ventures depends on the same sort of crowd mindfulness. Sending an excess of points of interest to a stakeholder who just needs primary concern results could bring up issues or worries that can defer developments. Similarly, an absence of clarity in customary venture correspondences can spike the quantity of gathering demands and live data sessions, sending gainfulness spiraling. In the early phases of the task cycle, undertaking patrons and venture chiefs team up when distinguishing undertaking stakeholders. Be that as it may, numerous battling activities impart an absence of steady correspondence to all stakeholders. Evaluating the right sort of correspondence regularly means being an understudy in a therapeutic Journalism 101 course. Create Your Plan by Asking the Right Questions Handshake by Spring Stone Who are the stakeholders included? Venture supporters, colleagues, clients, and group parts regularly appear on stakeholder records. Stockholders and parts of the press might likewise oblige some formal correspondence, yet fall outside the domain of key stakeholders. What subtle elements must be imparted to each one gathering? Contingent upon stakeholders level of inclusion, they may require various types of subtle elements and intuitiveness. At the point when must a venture group convey to each one gathering of stakeholders? A few stakeholders oblige day by day consideration, while others might just need uninvolved correspondence each few mo nths. Notwithstanding, in todays web-empowered society, a few stakeholders may want to get a steady stream of undertaking data nourished specifically from following and investigation instruments. Where will stakeholders get their correspondence? In spite of the fact that it may appear to be not difficult to push data through a solitary channel, for example, email, stakeholders regularly oblige correspondence in a mixed bag of media. As indicated by business masters, effective undertaking groups give numerous diverse approaches to stakeholders to revel in redesigns, from printed pamphlets to pressing instant messages. By what means will extend colleagues speak with stakeholders? Some venture supervisors decide to answer this inquiry with an alternate who, by concentrating on the colleagues tasked with keeping correspondence streaming. For example, an undertaking interchanges facilitator may pick up the obligation of moving key data over all channels. In different cases, the und ertaking chief may hold the oversight of correspondence through various colleagues. Having addressed these fundamental inquiries, venture administration experts can begin to fabricate work processes, timetables, and screen techniques for a viable stakeholder correspondence plan. Without solid data stream, ventures can shrink and pass on, particularly in extensive, aggressive associations. (Brighthub Project Management, 2014) (Kuppler, 2014) Q:- 5 Develop at least five criteria to evaluate the success of the strategy plan in overcoming the barriers.? Ans:- 1) Understand others see things diversely to you. Attempt to foresee the sentiments and state of mind of the recipient. What will their desire be? Shouldnt we think about their state of brain when you are imparting? What partialities may they have? On the off chance that you know these things before imparting, you decrease the danger if distortion. 2) Get criticism from the collector. Dont simply ask, Do you Understand?. They will usually say yes on the grounds that they see things in the way they need to comprehend it. Solicit rather what is their understanding from the message, and how they see it. 3) As regularly as could be allowed, talk eye to eye. This will consider addresses and, above all, permit you to see the non-verbal communication, which will pass on considerably more significance than via telephone or through email. 4) Use dialect that fits the gathering of people. Dont attempt to inspire by utilizing dialect and words that may be contorted by the listener(s). It basically makes them confounded and deficient. Additionally, they wont be listening to you while they attempt to work out what on earth you are on about. 5) Use the right correspondence channel. Dont send an email in the event that its faster to get the telephone or go and converse with the individual. Use email for its fitting reason. We are quickly losing the craft of discussionà ¢Ã¢â€š ¬Ã ‚ ¦ dont add to that by utilizing the wrong channel. 6) Have respectability and trustworthiness in your interchanges. In the event that you are seen as being somebody who needs respectability, this will quickly be recognized and considerably more obstructions will be developed in the middle of you and the audience. 7) Make it simple for others to hear you out. Make your correspondence style that one of a conversationalist, one who has the capacity make a point rapidly, briefly and with conviction. In the event that your key message is lost in the bog of a thousand words, individuals will ponder what you mean and what the design is. Clarity and curtness are the watchwords. (Management Training Courses Management Development Programmes | MTD, 2011) References:- https://businesscasestudies.co.uk/enterprise-rent-a-car/communication-strategies-to-engage-a-variety-of-stakeholders/evaluating-strategies-and-overcoming-barriers-to-communication.html#axzz3GMJzJWD9 htt ps://manoa.hawaii.edu/assessment/workshops/pdf/Bresciani%20Coordinators%202009-09-08.pdf https://en.wikipedia.org/wiki/Self-awareness https://www.tlnt.com/2013/11/26/the-9-clear-steps-to-organizational-culture-change/ https://www.brighthubpm.com/project-planning/15148-elements-of-a-stakeholder-communication-plan/ https://www.mtdtraining.com/blog/7-ways-to-overcome-barriers-to-communication.htm Don’t waste time! Our writers will create an original "Strategies For Minimising Barriers to Communication" essay for you Create order

Wednesday, May 6, 2020

Ellyday by Helen Oyeyemi Free Essays

Ellyday is about two siblings, Sophie and Elly. The story takes place in Elly’s bedroom one cold Sunday morning, four days before Christmas. Sophie walked into Elly’s bedroom, because she was worried about her sister Elly, who is really skinny and she wanted to talk with her. We will write a custom essay sample on Ellyday by Helen Oyeyemi or any similar topic only for you Order Now While Sophie tried to figure out, how to ask Elly to pull her jumper up, Elly wanted to listen to a CD. Elly wouldn’t pull her jumper up and said to Sophie that she was only going to get angry.Then they discussed Elly’s weight and appearance and Elly said that she thought Sophie’s problem is in fact, that Elly is now as skinny as Sophie. After that Elly started to cry hideous and sank to the floor. Sophie told Elly that she can’t see properly how she can think it’s worth it, but Elly just answered that Sophie didn’t really care and that she saw it happening. Sophie also told Elly that she was actually sick and needed help and that it would be wise to talk to someone. At this moment Elly listened to her sister and asked her when it’s okay to die. Sophie got shocked and realized that she didn’t know this person anymore. Elly elaborate on her question about if it was okay to die before you’ve ever kissed a boy, or ever been loved, or anything like that. While Sophie was going to explain that it was not okay to die, she just stopped speaking and stared brimming overwhelmed, because Elly had pulled up her jumper. Sophie and Elly are teenagers and I think that Sophie is the oldest of them. Elly has an eating disorder and is very skinny and looks like a scarecrow. She has fluffy brown hair and leaking, dead brown eyes.She’s mostly a silent girl, but when Sophie talks directly about Elly’s thinness, she goes into self-defense. Elly had no control over her words and stumble hesitates over every word that came out from her mouth. It’s painful for Elly to speak clearly and rounded, without a slur. She had pale skin tone and shaking hands due to her thinness. She wears baggy clothes and stuff like that so people can’t see how thin she is. Elly was fat before and has a serious psychological problem. She doesn’t feel well inside and asks questions like how it’s okay to die and when it will be a shame.It seems like that Elly feels she’s failed her sister, because she said to Sophie that she had seen what was happening with Elly and that she didn’t care. Elly struggled to stand up, talk and things like that. She’s very weak but unshakable, and wouldn’t pull her jumper up for her sister. But in the end of the story Sophie gets a surprise. Sophie is the big sister, and she feels a responsibility over Elly. She’s very worried about Elly but also very straightforward in the language. She forced herself to sound irritable over Elly, as she had so many times before when they were younger.She threatened to stop speaking to Elly if she didn’t do what Sophie said. Sophie behaves like a bossy kind, like who always told Elly what to do, to protect her little sister. I don’t like the end of the story; because we don’t know what happened after Elly pulled her jumper up. We don’t know h ow Sophie reacted and why Elly had talked about when it was okay to die. I would do everything in my power to prevent anything from happening to my friends. Weather it was drugs, drinking, eating disorders or over eating. I wouldn’t leave them. What are friends for? Friendship for me isn’t just about having fun. It’s about taking the good and bad with each other. If I were a teenager I would probably get advice from some older wiser person who is more experienced in life. From there I would hope the best for them and let them know they have my support if they need me, because sometimes it’s not about to tell them what to do and such it’s more about support. Of course you have to tell them that what they’re doing isn’t good and helping, but not being bossy. Keep in mind they didn’t always do this to themselves by no reason, so figure out the reason and then help them through it. How to cite Ellyday by Helen Oyeyemi, Papers

Friday, May 1, 2020

Innovation and Sustainable Business Development

Question: Discuss about theInnovation and Sustainable Business Development. Answer: Introduction: Transcript A business model is the actual representation of the business which presents the different configurations of a business- financial, architectural and co-operational. The key dimensions of the business model include the ownership, value proposition and value network (Amit Zott, 2012). In this disruptive age, the established business models are constantly attacked. The major causes of the business model disruption are rapid globalization and the advancement of the technology. This allows the introduction of the new business models at an increasing rate and also with less cost than before. The economic, technological, political, cultural and social environment of an organization forces the disruption process to take place at a rapid rate. It is often attributed to the change process in an organization. The practical implication of the business model disruption is presented by Google by the adoption of the free model (Sako, 2012). This model acted as a disruption for the current pay-for-service model. The free model aims to give free services coupled with other goods. The users can access the services of the company without spending (Sako, 2012). This is done by the company so that it attracts the attention of the users and can gather crucial customer data. The offering of the free services also provides competitive advantage to the company. The no-fee model acts as a disruptive tool to the competitors such as Microsoft and Apple. It is also a profitable option and helps the company to increase its revenues. The existing business performance of the company was significantly enhanced by the cost free model which gave it better visibility and profitability. References Amit, R., Zott, C. (2012). Creating value through business model innovation.MIT Sloan Management Review,53(3), 41. Sako, M. (2012). Business models for strategy and innovation.Communications of the ACM,55(7), 22-24. Innovation and Sustainable Business Development Question: Discuss about the Innovation and Sustainable Business Development. Answer: The business model can be defines as the process through which an organization makes profit by carrying out various operations (Bocken et al. 2014). The organization will be able to generate proper revenues with the help of the business model. To understand the effectiveness of the business model if various firms, metric gross profit is being used. To calculate the gross profit, the cost of goods sold is being deducted from the revenue earned by the company. the business model help the business owners to keep a track of the goal and objectives of the business and set the plan according to that (Beck, Demirg-Kunt Merrouche, 2013). Business systems can be defined as the process of delivery mechanism. If a company wants to provide certain goods and services to the customers then it has to set a strategy on the way the goods will delivered to the customers (DaSilva Trkman, 2014). The key features of the business canvas model are the key partners, key activities, key resources, value propositions, customer relationships, channels, customer segments, cost structure and revenue streams. When the business model will be conceptualized as the systems then the delivery of the business by keeping in mind the factors of the business canvas model. To deliver the business to the customers they have to involve the key features of the business canvas model (Bohnsack, Pinkse Kolk 2014). They have to segment the customers and then decide on the resource and activities that will help them to deliver the business as promised to them. They will also have to keep a check on the partners, key resources and activities that will hel p them to deliver the work. They will deliver the business by keeping in mind the channels through which they will deliver the services (Casadesus?Masanell Zhu, 2013). Based on the way they deliver the services, the revenues gained by the company will vary. Hence, it can be said that the thing that should be considered while conceptualization the business model as system will be the cost structure , revenue streams and the customers to whom the services will be delivered. When a company is working in the competitive field, they face various challenges; some of the changes will be static while some of the changes will be dynamics static challenges (Kastalli Van Looy, 2013). Static problems might rise from the structure of the organization, the cost structure and the resources available in the organizations. Dynamic problems might raise from the external issues like the change in the customers and the economic conditions of the place (Martins, Rindova Greenbaum, 2015). The business model as system will help in understanding the key resource and the activities that would help the company to combat the issues with the external challenges. If they have prior idea about the issues, then the business model will help when the market is suffering from any economic downturn (Khanagha, Volberda Oshri, 2014). The model will also be useful in understanding the static problems like the revenue streams is based on that, they can decide the cost structure of the c ompany (Spieth, P., Schneckenberg Ricart, 2014). Innovation in the business will help an organization to enhance the business(Lambert Davidson, 2013). The business canvas model will help in understanding the areas where innovations can be made so that it will be able to deliver better services to the customers. Innovations lies in the services that the organization will deliver and changes in the business process should be done in the activities so that they are able to deliver new types of products to the customers (Markides, 2013). The model will also help in understanding the people who would be required to bring in the innovation in the business. For different kinds of innovation, the organization will need people who will help with the finances to bring the innovation. The business model as system distinguishes the factor that will help in proper delivery of the work(Bocken et al. 2014). If it is used as the system, then the exact areas where the innovations can be done will be evaluated (Beck, Demirg-Kunt Merrouche, 2013). As explained by Itashi and Nitino, the business model has been divided into two parts. the profit model and business system consist of the business model. The business system is further divided into learning system and delivery system. The delivery system is further divided into external and internal delivery. Figure 1: Basic Business Model (Source: Itami Nishino, 2010) The authors have explained the business system with the help of which the firm carries out the operations. The profit model explains the intension of the firm behind carrying out the business process. The business system explains the strategy that the firm will implement to fulfill those intentions. The business system not only limits itself to the operations that need not be done in the organization but also looks into the behaviors of the customers and the suppliers. As per the authors, profit model and business system work in collaborative manner. The operations within an organization will be done by keeping in mind the supply that will get from the suppliers. On the other hand, the operation is mainly directed towards satisfying the customers and get revenue from the market. The profit model will be helpful only if they are able to handle the suppliers well a keep the customers satisfied, with their products and services. Even though the profit mode l is more visible, the more important is the business system. The firm has to decide the way it will divide the duties to the employees and deal with the trading partners. It has to decide the way the in-house working system will be processed and the way the activities of the trading partners will be taken care of. Thus, it is not about one operation or work, it about cluster of operations that take place in the business system as explained by Itashi and Nimino. Every organization has their unique way of dealing with the business. One such example is of Google. Google has planned the profit model in such a manner that it does not charge any money from the customers. On the contrary, it gives an opportunity to the advertisers who can freely post their advertisements with the help of Google. To give rise to such a unique profit model it has developed certain unmatched business system. It has developed software services that helps them to give the customers the free services. With the help of the busienss system, it has been able to cut the of the search engine services. The idea of business model Itashi and Nimino can be said to be the best in explaining the business model as it explains all the aspects that will help in proper processing of the business. the beak up of the business model makes it easier for the readers to understand the elements that will help in proper functioning of the business (Bohnsack, Pinkse Kolk 2014). The collaboration of business system and profit model explains the fact if an organization is able to handle the internal operations well, it will be able to gain good amount of profit from the market (DaSilva Trkman, 2014). Even though, business is all about the external aspects, the model explains that the internal management will help an organization to yield better result from the external market. It is true that the profit model is more visible, yet the business system helps in enhancing the profit model of an organization. After going through the idea if business model and business system it can be said it is is up to the organization to plan the activities so that they are able to deliver well in the external market. The way itashi and nimino presented the business model is commendable. They have divided the business model into various parts so that it will be easier for the readers to understand the model. They have focused on the profit model and the business system. It has been concluded that even if the profit model shows the performance of the organization, the business system is the main player. Once the internal operations will be taken care properly it will yield better result in the market. The example of Google makes things clear. The profit model of Google is to give free search services to the customers. However, they plan the business in such a manner so that they are able to develop the software and invite the advertisers who will pay their search to be visible in the top once the users search for any particular thing. References Beck, T., Demirg-Kunt, A., Merrouche, O. (2013). Islamic vs. conventional banking: Business model, efficiency and stability.Journal of Banking Finance,37(2), 433-447. Bocken, N. M. P., Short, S. W., Rana, P., Evans, S. (2014). A literature and practice review to develop sustainable business model archetypes.Journal of cleaner production,65, 42-56. Bohnsack, R., Pinkse, J., Kolk, A. (2014). Business models for sustainable technologies: Exploring business model evolution in the case of electric vehicles.Research Policy,43(2), 284-300. Casadesus?Masanell, R., Zhu, F. (2013). Business model innovation and competitive imitation: The case of sponsor?based business models.Strategic management journal,34(4), 464-482. DaSilva, C. M., Trkman, P. (2014). Business model: What it is and what it is not.Long range planning,47(6), 379-389. Itami, H., Nishino, K. (2010). Killing two birds with one stone: profit for now and learning for the future.Long Range Planning,43(2), 364-369. Kastalli, I. V., Van Looy, B. (2013). Servitization: Disentangling the impact of service business model innovation on manufacturing firm performance.Journal of Operations Management,31(4), 169-180. Khanagha, S., Volberda, H., Oshri, I. (2014). Business model renewal and ambidexterity: structural alteration and strategy formation process during transition to a Cloud business model.RD Management,44(3), 322-340. Lambert, S. C., Davidson, R. A. (2013). Applications of the business model in studies of enterprise success, innovation and classification: An analysis of empirical research from 1996 to 2010.European Management Journal,31(6), 668-681. Markides, C. C. (2013). Business model innovation: what can the ambidexterity literature teach us?.The Academy of Management Perspectives,27(4), 313-323. Martins, L. L., Rindova, V. P., Greenbaum, B. E. (2015). Unlocking the hidden value of concepts: a cognitive approach to business model innovation.Strategic Entrepreneurship Journal,9(1), 99-117. Spieth, P., Schneckenberg, D., Ricart, J. E. (2014). Business model innovationstate of the art and future challenges for the field.RD Management,44(3), 237-247.