DEVELOPING THE BUSINESS MODELLING METHOD

L. O. Meertens, Maria-eugenia Iacob, Bart Nieuwenhuis

Abstract

Currently, business modelling is an art, instead of a science, as no scientific method for business modelling exists. This, and the lack of using business models altogether, causes many projects to end after the pilot stage, unable to fulfil their apparent promise. We propose a structured method to create “as-is” business models in a repeatable manner. The method consists of the following steps: identify the involved roles, recognize relations among roles, specify the main activities, and quantify using realistic estimates of the model. The resulting business model is suitable for analysis of the current situation. This is the basis for further predictions, for example business cases, scenarios, and alternative innovations. We offer two extra steps to develop these innovations and analyse alternatives. Using them may enable successful projects to be implemented, instead of ending on a shelf after the pilot stage.

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Paper Citation


in Harvard Style

Meertens L., Iacob M. and Nieuwenhuis B. (2011). DEVELOPING THE BUSINESS MODELLING METHOD . In Proceedings of the First International Symposium on Business Modeling and Software Design - Volume 1: BMSD, ISBN 978-989-8425-68-3, pages 88-95. DOI: 10.5220/0004458900880095


in Bibtex Style

@conference{bmsd11,
author={L. O. Meertens and Maria-eugenia Iacob and Bart Nieuwenhuis},
title={DEVELOPING THE BUSINESS MODELLING METHOD},
booktitle={Proceedings of the First International Symposium on Business Modeling and Software Design - Volume 1: BMSD,},
year={2011},
pages={88-95},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0004458900880095},
isbn={978-989-8425-68-3},
}


in EndNote Style

TY - CONF
JO - Proceedings of the First International Symposium on Business Modeling and Software Design - Volume 1: BMSD,
TI - DEVELOPING THE BUSINESS MODELLING METHOD
SN - 978-989-8425-68-3
AU - Meertens L.
AU - Iacob M.
AU - Nieuwenhuis B.
PY - 2011
SP - 88
EP - 95
DO - 10.5220/0004458900880095