Publication | Open Access
From Goods to Services and from Linear to Circular: The Role of Servitization’s Challenges and Drivers in the Shifting Process
34
Citations
119
References
2021
Year
Customer SatisfactionSustainable DevelopmentShifting ProcessSustainable Value CreationSustainable Business Model InnovationProduct ManagementCircularityManagementServices TradeNew Product DevelopmentClassification FrameworkEconomicsServitizationIntensity Heat MapsStrategyStrategic ManagementSustainable SystemsMarketingCircular EconomyBusiness OperationsBusinessBusiness StrategyService DesignMarketing Strategy
To move closer to achieving the United Nations’ Sustainable Development Goals (SDGs), a change from the traditional paradigm of the linear economy towards the circular economy is of paramount importance. One of the key promoters of this shift is servitization, which involves a shift from a purely transactional product-selling model to customer satisfaction through providing the service inherent to the product. Although servitization is a promising field for academics and practitioners, its adoption faces different challenges and drivers that need to be understood and addressed. A latent issue is the lack of common language around the topic. In the present study, a systematic literature review has been conducted to allow the identification and classification of the main challenges and drivers. Based on the findings, we propose a classification framework that identifies, classifies, and groups common challenges and drivers to different areas of knowledge on servitization through intensity heat maps. From a managerial point of view, our results highlight the importance of embracing servitization as a collective effort from the different departments within a company.
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