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Business Modelling: - tud.ttu.ee

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<strong>Business</strong> Model Research 2010:Findings: types of business model innovation and transformationHere are the current types of business model innovation and transformation we identified:• Revenue model innovationInnovate how the company makes money by changing the value proposition(product/service/value mix) and the pricing model.• Industry model innovationRedefine an existing industry, move into a new industry, or create an entirely new one.• Enterprise business model innovationInnovate the way the organization operates, rethinking the organizational boundaries ofwhat is done in-house and what is done through collaboration and partnering.Successful companies take advantage of emerging opportunities in the new economicenvironment by innovating their business model in thr<strong>ee</strong> ways:1. Many organizations revisit their enterprise business model during a downturn to reducecosts through new collaboration and partnership models and by reconfiguring their assetmix.2. Industry leaders with strong financial resources take advantage of unprecedented industrytransformation by introducing alternative industry models and disrupting their competitors.3. Many also rethink their revenue model and value propositions to respond to a different setof customer behaviors and market requirements.© SAP 2011 / Page 14Source: Real-world BPM in an SAP environment , The Importance of a <strong>Business</strong> Model, SAPpress, 2011 –Mark von Rosing, et al.

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