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 the webinar Business Model Innovation for Architects and their Stakeholders we presented the Business Model Canvas as a relevant tool for Architects in many roles. Changing systems and processes alone is no longer enough in the rapidly changing environment your organization is in today. Designing, innovating and changing business models becomes a discipline that is of increasingly importance for organizations both in profit and non-profit. We explained how this approach fits The Open Group standards TOGAF® and ArchiMate®.
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
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.
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.