Abstract
Purpose: This paper aims to conceptualise the interplay of strategic design and market-shaping capabilities.
Design/methodology/approach: Drawing on the emergent scholarly discourses related to strategic design and dynamic markets, this paper merges a contemporary view of markets and market-shaping capabilities with a conceptual exploration of strategic design.
Findings: This paper proposes that the strategic design process can shape markets through orchestrating and leveraging market-shaping capabilities. Specifically, it highlights how these capabilities trigger and facilitate purposeful intent; situated and systemic understanding; and collective collaboration.
Practical implications: Furthering the notion of strategic design, this paper contributes to clarifying how to interpret and use design as a strategic practice in business management.
Originality/value: This paper identifies strategic design as an innovative approach for creating future value-creating systems or markets, and as such, it develops a process framework for market-shaping capabilities, addressing the “how” of market shaping.
Design/methodology/approach: Drawing on the emergent scholarly discourses related to strategic design and dynamic markets, this paper merges a contemporary view of markets and market-shaping capabilities with a conceptual exploration of strategic design.
Findings: This paper proposes that the strategic design process can shape markets through orchestrating and leveraging market-shaping capabilities. Specifically, it highlights how these capabilities trigger and facilitate purposeful intent; situated and systemic understanding; and collective collaboration.
Practical implications: Furthering the notion of strategic design, this paper contributes to clarifying how to interpret and use design as a strategic practice in business management.
Originality/value: This paper identifies strategic design as an innovative approach for creating future value-creating systems or markets, and as such, it develops a process framework for market-shaping capabilities, addressing the “how” of market shaping.
Original language | English |
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Journal | Journal of Business & Industrial Marketing |
Volume | 35 |
Issue number | 9 |
Pages (from-to) | 1413-1424 |
Number of pages | 12 |
ISSN | 0885-8624 |
DOIs | |
Publication status | Published - Apr 2020 |
Bibliographical note
Published online: 1 April 2020Keywords
- Strategic design
- Market shaping
- Dynamic capabilities
- Value creation