Innovation and Sustainable Business Development - Volvo Group, Sweden

This presentation discusses the business model of Volvo Group and how innovation and disruption can impact it. It explores the key components of their business model canvas and how it can help them attain growth and success in the market. The presentation also discusses the challenges of innovation capability building and the importance of sustainable business model innovation.

Innovation and
Sustainable Business
Development
Volvo Group, Sweden

What is Business model
 It is successful operation of business
 With use of resource
 By identifying revenues
 And increasing customer base

Disruption: Good or Bad
 Disruption is use of innovation and technology in the business.
 Business model becomes efficient with use of disruption.
 Can become bad if not used wisely like in case of connected
cars of Volvo (Vermesan, & Friess, 2013).

Volvo Group
 Volvo is a car manufacturing
organization formerly based in
Sweden.
 The company is biggest revenue
producing organization of Sweden.
 (Volvo, 2018)

Business model Canvas

Key Components
Value Proposition:
It is the leading brand in
the market that provides
technological products
(Yang, et. al., 2017).
Resources and
capabilities:
The company has efficient
human resource that uses
technology to create
output.

Conclusion
Business model of Volvo will help
the company in attain growth and
success in the market and resolve
their incompetency as well.

References
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