Aggregated enterprise architecture wisdom
This is the 2nd episode of the ACME Entertainment & Leisure story. The CIO, Mr Black has just been appointed, and set challenges by the Executive Board; ranging from cost reduction & innovation to improved regulatory compliance – and all this i…
The term “strategy” is perhaps one of the most misused, and misunderstood concepts in business literature. In this series of blog posts, we refer to strategy as positioning the firm with respect to its environment. We endeavor to answer the questions: how can we (a) improve the process of strategic management through the use of models, and (b) improve the execution/implementation of strategies with Enterprise Architecture Management?
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A Business Model expressed as a Value Chain would show the sequence of high level processes that add to the margin and accumulate cost at each stage of the chain.
Two different Business Models for the same type …
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While a Business Model (BM) identifies the way a company (activities, resources, channels, partnerships… as described in the BM canvas) returns value/profit while delivering the product, the Value Chain identifies the company s…
In the 1980s, Michael Porter proposed the Value Chain (VC) concept to illustrate the operation of a company.
A Value Chain is a set of activities that an organization carries out to deliver value to its customers and…
Porter’s Value Chain is a set of activities that an organization carries out to create value for its customers and return a margin of profit. Michael Porter created the concept in the 1980s. Also Porter defined the Margin as the dif…
Is the Sharing term proper when clients do not share much?
Perhaps we should call it a Peer to Peer economy because the operation takes place between two peer denizens, one renting, selling or offering a service to another; or a Participating enterpris…
If you wish to employ Business Models in your enterprise analysis and strategy specification, you may first have to understand what that is. A Business Model shows how a company goes about its business to be able to return value/profit. Repr…
Innovation based on the business model alone is rather academic and limited in scope.
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The progress of Digital technology brings in the enterprise new business models.
Companies increasingly market, sale and service over net channels, rent their resources from the cloud and let partners provide…
The Business Model exposes the key variations of the Value Chain