Business Modelling: A Practical Guide
Business Modelling: A Practical Guide
Business Modelling: A Practical Guide
Business Modeling
Prof. Dr. Knut Hinkelmann
Literature
This chapter is short summary of the following literature:
Bridgeland David M.; Zahavi, Ron (2009): Business Modeling
- A Practical Guide to Realizing Business Value. Morgan
Kaufman Publishers. Chapters 1 and 2
Modeling Fundamentals
All models are wrong. Some models are useful
(George E. P. Box)
To kinds of Model Fidelity
The fidelity of models is a measure how closely the model
approximates the real world
The higher the fidelity the less wrong is a model
Model Validity
A model is valid if it meets all the constraints (semantical
correctness)
Validity is a property of the model itself
(Bridgeland and Zahavi 2009, pp. 19ff)
Prof. Dr. Knut Hinkelmann
MSc BIS
Attractiveness of models
Arrange the modeling elements in a way that is visually
appealing
aligning elements in position, size
follow a prefered modelling direction
(e.g. model process flow either left-to-right oder top-to-bottom)
use clear color scheme
Attractiveness of Models
Non-attractive business process model
Modeling Diagrams
Any model element should have
a name
a description
(specific) attributes
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Example Enterprises
EU-Rent
EU-Rent is a world-wide operating car rental
company. Customers are individuals or
companies. Different models of car are
offered, organized into groups.
Cora Group
Portia
Nola
Adalina
Restaurants
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