For-Profit Organization Modeling Task
A For-Profit Organization Modeling Task is an organizational modeling task that models a business organization.
- AKA: Business Modeling.
- Context:
- output: a Business Model.
- It can include Business process Modeling, Business Capability Modeling.
- …
- Counter-Example(s):
- See: Change Management, Systems Engineering, Process Modeling, Process Mining, Information Technology.
References
2015
- (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/Business_process_modeling Retrieved:2015-12-18.
- Business process modeling (BPM) in systems engineering is the activity of representing processes of an enterprise, so that the current process may be analyzed or improved. BPM is typically performed by business analysts, who provide expertise in the modeling discipline; by subject matter experts, who have specialized knowledge of the processes being modeled; or more commonly by a team comprising both. Alternatively, the process model can be derived directly from events' logs using process mining tools.
The business objective is often to increase process speed or reduce cycle time; to increase quality; or to reduce costs, such as labor, materials, scrap, or capital costs. In practice, a management decision to invest in business process modeling is often motivated by the need to document requirements for an information technology project.
Change management programs are typically involved to put any improved business processes into practice. With advances in software design, the vision of BPM models becoming fully executable (and capable of simulations and round-trip engineering) is coming closer to reality.
- Business process modeling (BPM) in systems engineering is the activity of representing processes of an enterprise, so that the current process may be analyzed or improved. BPM is typically performed by business analysts, who provide expertise in the modeling discipline; by subject matter experts, who have specialized knowledge of the processes being modeled; or more commonly by a team comprising both. Alternatively, the process model can be derived directly from events' logs using process mining tools.
2010
- (McGrath, 2010) ⇒ Rita Gunther McGrath. (2010). “Business Models: A Discovery Driven Approach.” In: Long range planning, 43(2).
- QUOTE: The business model concept offers strategists a fresh way to consider their options in uncertain, fast-moving and unpredictable environments. In contrast to conventional assumptions, recognizing that more new business models are both feasible and actionable than ever before is creating unprecedented opportunities for today's organizations. … Business model analysis also gives us a sense of firms in action. But this dynamic perspective is not central to two ideas about the genesis of competitive advantage that are well-accepted in strategy: the industry positioning view or the so-called resource-based or dynamic capability view.