Artifact-Centric Business Process Models: Brief Survey of Research Results and Challenges Richard Hull IBM T.J. Watson Research Center‚ Yorktown Heights‚ NY‚ USA Abstract. A data-centric approach to business process and workflow modeling has been emerging over the past several years. This short paper presents a structured framework for a class of data-centric business process models‚ which are based on “business artifacts”. The paper provides a brief survey of research results on artifact-centric
Premium Business process modeling Process management Business process
Bright Horizons A business model refers to the trade-offs and decisions regarding how an organization makes money. Every business model must answer four questions. The four questions are: who is the customer?; what does the customer value?; what is the underlying logic of how value is delivered to the customer?; and how does the organization make money? The traditional day care business model answers the four questions as follows: The parents are the customers. The parents value a place for their
Premium Management Strategic management Marketing
Reinventing your business model Summary by Armen Sargsyan Business innovations have reshaped entire industries and redistributed billions of dollars of value. However‚ stories of business model innovation from well-established companies are rare as new business models often look unattractive to internal and external stakeholders. Business models consist of four interlocking elements that taken together
Premium Management Business model Innovation
Reinventing Your Business Model The article “Reinventing Your Business Model” talks about the importance of adapting effective business model in shaping the success of the business. He talks about the success and failure stories of different businesses where the thin line between the success and failure of firm had been effective business model which fits with the business. Firms like Apple‚ Wal-Mart are able to generate large profits and even reshape the definition of business just by innovating
Premium Marketing Business Microeconomics
Daniel J. Levinson wrote The Seasons of A Man’s Life. Mr. Levinson conducted his research for the book in the late 1960’s. At that time he was a Professor of Psychology in the Department of Psychiatry of the Yale University School of Medicine‚ Director of Psychology in the Connecticut Mental Health Center and Director of the Research Unit for Social Psychology and Psychiatry. Early in the book‚ Mr. Levinson states his reasons for engaging in the research of male adult development
Premium Middle age Middle Ages Man
LEGO business Model Innovation. It also narrates the brief history of Lego Company. The Lego Game was divided into two parts. In the first part the different participants of the supply chain was without permission to communicate with the up- or downstream sites in the supply chain. It also demonstrates the significance of each element in the legal business model. It describes the four elements of business model which helps LEGO system. It also explains the viewpoints of LEGO city business model
Premium Management Lego Lego Group
Reinventing Your Business Model By Mark Johnson‚ Clayton Christensen & Henning Kagermann Summary Submitted by Tiffany The article “Reinventing Your Business Model” is focused on the importance of innovating business models as a means of providing new growth and opportunities for an organization. The three authors‚ Johnson‚ Christensen and Kagermann‚ provide a layout to demonstrate possibilities for an organization. The first step is to understand the definition of a business model. The article
Premium Management Strategic management Low-cost carrier
Strength 1) Dell ’s Direct Business Model which consist of the five principles: Most efficient path to the customer - through direct relationship with no intermediaries to add cost and confusion Single Point of accountability - so that resources necessary to meet customer needs can be easily marshaled in support of complex challenges. Build-to-Order - provide customers exactly what they want in their computer systems through easy custom configuration and ordering. Thus eliminates the maintenance
Premium Marketing Supply chain management Customer relationship management
Fast Food ARENA Arena FDA Ministry Of Health Green NGOs Lopez Foods Breads Montasino Lopez Foods Meat Lamb Weston Cheese Lopez Foods Coca-Cola Beverages Manufacturers Pepsico Ministry Of Health Lopez Foods Keystone Food Coca-Cola Beverages Pepsico Distributers Ministry Of Health McDoanlds Wendys Jack’In’Box Pizza Hut (YUM!) KFC (YUM!) Subway Brands Advertising Advertising Franchisers Deliveries Restaurants Customers Mcdonalds – 1year
Premium Income statement Generally Accepted Accounting Principles Net income
Customer Value Proposition: To provide unlimited call and text at the lowest price possible with free unit of android smart phone and wifi android tablet. To be able to communicate with your loved ones‚ anytime and anywhere in the Philippines. To reach and establish good relationship with others through 24/7 call and text unlimited. Contact each other at anytime of the day with just one click on your cellular phone. Profit Formula: Revenue Generation: *Monthly Subscription fees from mobile
Premium Mobile phone