Business Model Management
This is the last post of this blog series which includes the case study. The case study helps portray the theoretical concepts that have been covered in the previous blog posts: the strategy, the business model canvas, and the implementation.
In a previous blog post, I discussed the notion of strategic issues and the need to reconcile them in order to define ones strategy. In this post I will talk about the business model canvas (based on the excellent book by Alexander Osterwalder) as a tool which helps to (a) communicate about strategic choices, (b) analyze ones business model, and (c) consolidate the results of various analyses such as SWOT, value chain analysis, or Blue Ocean analysis.
In my previous blog posts, I discussed the way I see strategy work and the types of models that can be used, and how the business model canvas should be the focal point for architecture work. In this blog post, I will show that enterprise architecture is the tool to go from strategy and business model to execution.
Business models are a helpful way to define a business strategy and steer an organization in the “right” direction. Furthermore, business models foster discussions on the way organizations want to deliver value to their customers. Building business models is fun! Thinking about your organization and its future in an abstract manner is addictive, since there is no chance of failure…
Times are tough: many businesses are struggling to stay afloat in the wild economic currents. Many organizations attempt to find a “blue ocean” of uncontested space, but let’s face it: most of us are stuck in a “red ocean” with a lot of competition, growing power of both suppliers and consumers and increased threat of substitutes. Indeed, one can argue that it is “all hands on deck” for many organizations in their struggle to survive.
In Lean Management, a lot of time is spent finding and eliminating waste. Our processes and organizations are full of waste. In the Lean philosophy these wastes should not be dealt with as ‘problems’, but as opportunities for improvement.
Enterprise Architecture supports implementation of change in a coordinated way. Building an Enterprise Architecture Capability is a process of change in itself, and thus can be supported by Enterprise Architecture methods and tools. In this White Paper we described how a high-level approach for the initiation and development of the Enterprise Architecture capability can be derived from TOGAF, and especially its core component the Architecture Development Method (ADM). This high level approach consists of four steps:
The Decision Model (TDM) is a rapidly growing framework for modeling and executing the business logic behind business decisions. When I first read the book “The Decision Model – A Business Logic Framework Linking Business and Technology” by Larry Goldberg and Barbara von Halle, I was impressed with how TDM models the business logic behind operational business decisions. Read more
The Decision Model (TDM) is a new and rapidly growing methodology and framework for modeling the business logic (business rules) behind business decisions, using a powerful graphical notation, that is easy for both business and IT to understand and implement.
In an earlier blog post, we addressed 7 applications of the Business Model Canvas. Sure, we can agree that the Business Model Canvas is very useful for establishing, evaluating and reinventing businesses. But we should do more than highlight the countless possibilities of it for a single enterprise. We need to synthesize our understanding of Value Chains and Business Models and look for next level of analysis: Value Networks. Read more
One of the main challenges of business model innovation and business model implementation is communication. We need to get the message to the right people, and communicate it in a way they understand, like, and can move forward with. In this blog post, we will describe different ways of communicating business models.
No one is allowed to enter the building without proper authorization; all incoming e-mail messages are filtered; personal computers that are used to store sensitive data do not have a direct connection to the internet, and therefore cannot be accessed remotely. With these enterprise security rules, we have ensured that our private information is safe, right? Wrong!
In an earlier blog post, we introduced the Business Model Canvas (Osterwalder, 2009) as a useful tool for describing how a business captures, creates and delivers value. In this blog, we will elaborate on Business Models, introducing the subject of Business Model Analysis. We will present several possible analytical techniques, using the case of Nextpresso, a virtual coffee-cup company.