Defining the Business Model


This paper defines business model - it starts by using current definition, proposes guidelines to extend this definition, discusses the four key components of a business model, and then provides a new definition for the term.

 ABSTRACT
Recent rapid advances in ICTs, specifically in Internet and mobile technologies, have highlighted the rising importance of the Business Model (BM) in Information Systems (IS). Despite agreement on its importance to an organization’s success, the concept is still fuzzy and vague, and there is no consensus regarding its definition. Furthermore, understanding the BM domain by identifying its meaning, fundamental pillars, and its relevance to other business concepts is by no means complete.

In this paper we aim to provide further clarification by first presenting a classification of definitions found in the IS literature; second, proposing guidelines on which to develop a more comprehensive definition in order to reach consensus; and third, identifying the four main business model concepts and values and their interaction, and thus place the business model within the world of digital usiness. Based on this discussion, we propose a new definition for the business model that we argue is more appropriate to this new world.

Download (please login and scroll down)

Download Document: Documents are in common file formats such as Microsoft Word (doc), Powerpoint (ppt), Excel (xls,csv,xlsx), and Adobe pdf.
Download


Related Categories




Related Topics



Related Articles


7 things a CxO should know about eBusiness

A Business Model Framework to Analyze the Impact of eBusiness on an Existing Business

eBusiness Strategy Issue No 1: What is the place of eBusiness in our business model? This paper presents a framework to address this issue - from should we pursue eBusiness to what will be the impact on our business!

A Business Model Reference Model

 This paper presents a business model reference model aka business model ontology

A Business Network Based Framework for e-Business Models

This paper presents a framework to analyze e-business models in a "networked" world i.e. creating a business model that produces value factoring in a business' relationships with others in its value chain.

A Framework for B2C Mobile Business Models

 This paper uses the Osterwalder business model framework as a basis to analyze Business-to-Consumer (B2C) mobile business models

A Framework for Understanding and Analysing eBusiness Models

This paper proposes a framework that decomposes the research area of Business Models into specific research sub-domains. Why?

A Framework to Analyze eBusiness Success or Failure

This (DRAFT) document discusses an innovation driven framework to assess eBusiness models and their chances of success or failure. Despite being dated and a little choppy, it is an excellent read!

An Ontology for Defining e-Business Models

An excellent presentation on business models - from definition to use in business strategy in an easy to understand way.

Analyzing Disruptive Business Models

A short presentation on a framework to analyze disruptive business model innovation.

Business Model and Disruptive Technology

This presentation discusses scenario planning using business model analysis in response to a disruptive technology such as mobile computing.

Business Model and IT Alignment

 This excellent presentation provides a design approach for business model innovation and information technology alignment

Business Model Framework For Emerging Venture

 This paper describes a business model framework for the emerging firm.

Business Model Tools and Definition

An excellent discussion on business models - what is a business model? what are some tools and frameworks available to analyze business models? And much more!

Competitive Advantage through Business Model Design & Innovation

An excellent presentation on business models - what are they? how to understand your business model? However, the best part is: how to use business model analysis to create competitive advantage?

e-Book Digital Disruption

This book discusses the big picture of digital disruption. A CIO must understand the context in which their enterprise is affecting its digital transformation, otherwise they are shooting in the dark, hoping for the best. Excellent Read! (250 pages)...

Introduction to e_Business Models

This in-depth presentation provides an introduction to e_business models.

Linking Business and Process Models

This position paper introduces a methodology to design business processes that fit a more strategic business model. 

Understanding The Three Models of a Business

This paper proposes a framework to connect three key models of a business – goal model, business model and process model.

What is IT's role in digital transformation?

This research delved into the role of IT department in digital transformation initiatives. When is IT involved in digital transformation projects? What role does the IT department play in a digital transformation project? Do outcomes vary - good or b...


Posted on 11/02/2010 by


Defining the Business Model author Webmaster1

Webmaster1

Signup For ThoughtLeader









Subscribe


CIO Index

Our Focus is On Your Agenda

CIO Index is the world's largest professional network for CIOs - of the CIO, for the CIO, by the CIO. 

Over 70,000 CIOs and other IT Executives use CIO Index to Learn, Network and Share.

 

Cioindex, Inc.

  • (+1) 800-309-3550
  • Mon - Fri 9:00am - 5:00 pm
  • 115 Franklin Tpke, Mahwah, NJ 07430