Exploring Business Models & Value Creation
-
Upload
paul-di-gangi -
Category
Business
-
view
1.237 -
download
0
description
Transcript of Exploring Business Models & Value Creation
![Page 1: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/1.jpg)
http://www.flickr.com/photos/29487767@N02/3679164214/sizes/l/
Exploring Business Models and the Role of Information Technology on Value
Creation
Paul M. Di Gangi, Ph.D.Assistant Professor of Global Management & Strategy
Western Carolina University
![Page 2: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/2.jpg)
![Page 3: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/3.jpg)
04/10/2023
The Business Model
An organization’s line in the sand
The conceptual foundation that determines how an organization creates and captures value.
Develops the boundaries of an organization by: • Articulating the organizational vision• Defining its approach to managing value creation
http://www.flickr.com/photos/mglarsen/3963274094/sizes/o/
![Page 4: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/4.jpg)
Happens
http://www.flickr.com/photos/spursfan_ace/2328879637/
![Page 5: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/5.jpg)
![Page 6: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/6.jpg)
![Page 7: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/7.jpg)
![Page 8: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/8.jpg)
Growth of Social Media
http://www.flickr.com/photos/mburpee/4624692163/sizes/o/in/photostream/
![Page 9: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/9.jpg)
![Page 10: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/10.jpg)
No longer bound by physical boundaries(Wellman et al., 2003)
http://www.flickr.com/photos/dirkhartung/528067352/sizes/z/in/photostream/
![Page 11: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/11.jpg)
http://www.flickr.com/photos/horlik/4350942510/sizes/o
Business Models Evolve
![Page 12: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/12.jpg)
http://www.flickr.com/photos/37177488@N06/5029253582/sizes/o/
1870sSwift & Company (Teece, 2010)
![Page 13: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/13.jpg)
http://www.flickr.com/photos/puroticorico/441296576/
![Page 14: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/14.jpg)
http://www.flickr.com/photos/veggiefrog/3435380297/sizes/o/
![Page 15: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/15.jpg)
![Page 16: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/16.jpg)
![Page 17: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/17.jpg)
![Page 18: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/18.jpg)
Complex network of social relationships and dialogue among users and organizations effectively manage the
environment.
Overarching Finding
3PI
CM OA
OA
3PI
CM
Organizational Agent
3rd Party Interests
Community Member
Org
OACM
http://www.flickr.com/photos/mikaelmiettinen/3220451269/sizes/o/in/photostream/
(Teigland et al., 2011)
![Page 19: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/19.jpg)
Social Processes
Social processes for the effective development of an idea were required to transfer end user ideas into adoptable ideas for Dell. Users within adopted ideas
collaborated to resolve differences in opinion, create consensus, and provide additional information to Dell.
http://www.flickr.com/photos/intersectionconsulting/3598356119/
![Page 20: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/20.jpg)
http://www.flickr.com/photos/briananthonyadams/5224533405/sizes/l/in/photostream/
Requires both
Social
Technical&
Solutions
![Page 21: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/21.jpg)
Provide them with a Toolkit
Leverage technology to support user and organization communication and engagement. Technology can be used to automate, complement, and guide
activities and actions that occur within the community. http://www.flickr.com/photos/jannem/3312115991
![Page 22: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/22.jpg)
Lead users can represent a subset of the larger community that act as guides and trendsetters that the organization can follow and leverage.
Engage Lead Users
http://www.flickr.com/photos/shrinivasap/2396530698/
![Page 23: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/23.jpg)
Active participation and dedicated attention to community needs and interests strengthens
relational ties and reduces ambiguity.
Respond to your Users
and Listen!
Ask Questions
http://www.flickr.com/photos/cizake/4164756091/
![Page 24: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/24.jpg)
Let their voices
be heard!
Recognize, but not necessarily commit, to
the opinion of the community. But
clearly address these opinions when a decision is made.
http://www.flickr.com/photos/hebe/2512086374/
![Page 25: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/25.jpg)
Gamble on Transparency
Greater expectation of information disclosure and trust between the organization and community.
http://www.flickr.com/photos/dicemanic/19743895/
![Page 26: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/26.jpg)
http://www.flickr.com/photos/paulyp13/2600200854/sizes/l/in/photostream/
Mistakes Happen
Learn from them! Don’t get back up on the wall and do the same thing over again.
![Page 27: Exploring Business Models & Value Creation](https://reader034.fdocuments.us/reader034/viewer/2022051514/548754c6b4af9f730d8b5417/html5/thumbnails/27.jpg)
Thank You for Engaging
A copy of these slides is also available @ www.slideshare.com/pmd06c
Contact @ [email protected]