Tailoring the Business Modelling Method for R&D

While the benefits of innovation seem to be clear intuitively, Research and Development (R&D) organisations are struggling to show the value they add. Especially in times of crisis, the result is that they get the first budget cuts to reduce costs in the short term. This causes companies, industries, or even whole economies, to lose competitive advantage in the long run. The field of business modelling deals with the creation and capturing of value. However, it has not yet provided a method tailored to R&D previously. Building upon earlier work on business modelling, we adapt the Business Modelling Method (BMM) to the field of R&D

Mapping the business model canvas to ArchiMate

Many IT projects fail to succeed in the market, as they start purely from technology. Much effort is therefore wasted, while the potential benefits are not realized. We argue that the design process should start with creating a business model, which is then translated to an architecture to ensure fitness for market of the future system. Therefore, we propose a mapping from Osterwalder’s business modeling canvas and ontology to the enterprise architecture modeling standard ArchiMate, which makes the above translation possible and represents a formal basis for business modeling in ArchiMate. A case study illustrates the mapping between the two languages

Relating business modelling and enterprise architecture

This thesis proposes a methodology for creating business models, evaluating them, and relating them to enterprise architecture. The methodology consists of several steps, leading from an organization’s current situation to a target situation, via business models and enterprise architecture.\ud \ud Currently, increasing amounts of businesses rely on IT systems to do their business. However, success rates of IT implementations projects are low. Difficulties exist in aligning existing IT systems with business objectives. Individually, business modelling or enterprise architecture does not seem to solve the problem completely. However, each of their weaknesses seems to be countered by the strengths of the other.\ud \ud Our proposed methodology supports bringing an organization from its current situation to a target situation. The developed process steps help to formalize business modelling, and at the same time extend enterprise architecture to be more business focussed and easier to use. This would support our hypothesis that combining enterprise architecture and business modelling leads to better enterprise architecture and business models, and therefore, more successful business-IT innovations

Tailoring the Business Modelling Method for R&D

While the benefits of innovation seem to be clear intuitively, Research and Development (R&D) organisations are struggling to show the value they add. Especially in times of crisis, the result is that they get the first budget cuts to reduce costs in the short term. This causes companies, industries, or even whole economies, to lose competitive advantage in the long run. The field of business modelling deals with the creation and capturing of value. However, it has not yet provided a method tailored to R&D previously. Building upon earlier work on business modelling, we adapt the Business Modelling Method (BMM) to the field of R&D

Creating a Business Case from a Business Model

Intuitively, business cases and business models are closely connected. However, a thorough literature review revealed no research on the combination of them. Besides that, little is written on the evaluation of business models at all. This makes it difficult to compare different business model alternatives and choose the best one. In this article, we develop a business case method to objectively compare business models. It is an eight-step method, starting with business drivers and ending with an implementation plan. We demonstrate the method with a case study for innovations at housing associations. The designed business case method can be used to compare and select the best business model successfully. In doing so, the business case method increases the quality of the decision making process when choosing from possible business model