BUSINESS MODEL

Presented ByAJINKYA VELAPURE (C-82)

SANDEEP YADAV (C-86)ASHOK PATEL (C-15)

NCRD's STERLING INSTITUTE OF MANAGEMENT STUDIES

Business Models A business model may be defined as the

manner in which a business organizes itself so as to achieve its objectives, which normally involves the generation of profits.

BUSINESS MODEL EXAMPLE

Brokerage – Share khan broking firm Advertising – bright Advt. ltd Infomediary – Raj Support System. Merchant – Export Import Manufacturer – Vedanta Ltd. Affiliate – Tagore University / Educomp

Solution Community –Royal Club of Bombay Subscription – Midas Pvt. Ltd.

Summary of Business Design Focus on customers Create value with continuous innovation Transform business processes into digital

form Decentralize management but centralize Coordination Create an e-business application

architecture Integrate, but plan for continuous change

Eight Models of Business Models Value Networks from Verna Allee Henry Chesbrough Strategy Diamond Patrick Staehler Business Model Canvas Long Range Planning Seizing the White Space Escape Velocity

Value Networks from Verna Allee business models in

the 90s value creation and

exchange is at the core

You can also create and exchange intangible

Value Networks and the True Nature of Collaboration

Henry Chesbrough new innovations often require new business models in 92s Idea of business model innovation really started to gain

traction changing a business model can be an innovation just by

itself

Strategy Diamond Good business model is

integrate elements need to be

consistent with and support the others.

it’s likely that you’ll need to change all of them

how closely linked strategy and business models are

Patrick Staehler Leadership Style,

Relationship Style and Values

relation to the point above about integration

this business model innovation could be a source of competitive advantage

Business Model Canvas a great job of promoting the idea, and

making it genuinely useful organization should be heading

Seizing the White Space

7 S Framework

TATA Index model

TBEM (Tata Business Excellence Model)

Leadership Strategic Planning Customer & Market

Focus Measurement,

Analysis and Knowledge Management

Workforce Focus Process Management Business Results

TATA MOTOR BUSINESS MODEL

Acquire Tie up –internationally Target BRIC countries Expand facilities Develop market Build R & D hubs