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CCT 355: E- Business Technologies Class 9: Business Model Generation : Design and Evaluation

CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

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Page 1: CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

CCT 355: E-Business Technologies

Class 9: Business Model Generation : Design and Evaluation

Page 2: CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

Final Project• Identify a real organization that you have real contact with • Identify business information systems needs (as defined in this

course – do *not* only suggest simple e-commerce solutions, web design/marketing solutions, etc. - the former no one hires consultants for, the latter is interesting, but not this course.)

• Think people, process, context as well as technology

Page 3: CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

People• Who are the main stakeholders in this organization? What are

their skills/interests? Are they likely to be champions of change? Resisters? Helpers? Bystanders?

• Who are major customers/clients of organization? Allied partners? Main competitors?

• Are they likely to be champions of change? Helpers? Resisters? Bystanders?

Page 4: CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

Process• What does this organization do? • What might it like to do with more resources/time/technology

support, etc.? • What can it do better? (e.g., are there processes that can be

made more efficient through information systems change?)• What should it probably *not* do?

Page 5: CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

Context• What are larger contextual, regulatory, macroeconomic,

strategic, etc. factors influencing this organization at present?• Are there changes in these factors that might post medium- to

long-term challenges or opportunities?

Page 6: CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

Then think technology!• What information systems improvements can you identify

(based on what you’ve learned about the organization!)• What resource implications are involved in implementing

these solutions?• Feel free to offer a range of options – sometimes there are

cheap to expensive options, less to more powerful, etc.• Feel free to critique and note limitations of your options• Make sure proposed solutions a) meet the organization’s

profile and needs and b) are feasible given organizational financial, human, time resource constraints

• Implementation not required – but should be implementable.

Page 7: CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

Use either BMG or Change Management Simulation!• Which one? Depends on context• Small organization where most people are on board for

change – no need to analyze through change management simulation material

• BMG can apply to most situations

Page 8: CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

Questions?

Page 9: CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

Business model as narrative• Often key bit in new/evolving product/service:

what’s the story?• Who is the audience?• How do I effectively relay story to audience?• “Elevator pitch” as example• Importance of scenarios and visual layout/thinking in process

– even (especially?) if it’s sketchy

Page 10: CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

5 Phases• Mobilize• Understand• Design• Implement• Manage• Your project = mostly the first three – the details are

important, but come later

Page 11: CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

Empathy Map• What does customer see?• What does customer hear?• What do they really feel?• What do they do?• What is source of customer pain?• What is source of customer gain?• Addressing or ameliorating these core needs can be very

effective• May also include thinking about what customer does not yet

know they want

Page 12: CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

Designing models to meet changes in environment• Resource driven changes – human or physical resource

limitations• Offer driven changes – price point constraints• Customer driven changes – shifting customer demographic or

interests• Finance driven changes – ability to secure and utilize capital• Multiple changes

Page 13: CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

SWOTStrengths

Internal to org. and helpful

Opportunities

External to org. and helpful

Weaknesses

Internal to org. and harmful

Threats

External to org. and harmful

Page 14: CCT 355: E-Business Technologies Class 9: Business Model Generation : Design and Evaluation

Blue Ocean Evaluation• For consideration of broader strategic change• What does change eliminate?• What does change reduce?• What does change raise?• What new opportunities are created?• Cirque du Soleil example (and a few disagreements.)