Search results for "Artifact-centric business process model"
showing 10 items of 22 documents
Business Process Management in Financial and Non-Financial Institutions: Payment Process Modelling in Financial Flows Management
2017
Business process management is a progressively developing area of science, which is seen as the most modern and forward-looking innovative. Modern business operations remain highly dependent on IT solutions to steer the processes. Business process management solutions have been the clue for easing daily business operations. IT solutions have actively penetrated the working environment in all areas of business, especially the financial sector. It is beyond to imagine modern financial markets and institutions without IT software support. Not only billing, calculation and payment processes, even stock pricing, market analysis and risk monitor tools are fully computerized through business proce…
Specification of Business Components
2003
Component-based software development is a potential reuse paradigm for the future. While the required technologies for a component-style system development are widely available, for instance Sun's Enterprise Java Beans, a problem inhibits the breakthrough of the component paradigm in business applacation domains: compared to traditional engineering disciplines there is a lack of standardized methods to describe business components. Such a description has to address several aspects: What services are offered and requested by a business component? How can these services be used? Are there any interdependencies between the services of a set of business components? What quality characteristics …
Information Systems and Business Strategy
2003
The main purpose of this chapter is to deep into the importance attached to the Information Systems for the proper formulation of the corporate strategy. After introducing the basis of the strategic planning tradition model, which suggests the subordination of the Information Systems (IS) to the Business Strategy, we propose a new model that views the IS as an strategic instrument suited for the strategy formulation stage, rather than operational tools for the strategy control phase. Success in the application of this model we call “Concurrent Business/IS Strategic Planning Model” will closely depend on the consistency, coherence and soundness of the IS, both internal and external. In order…
Business Process Reference Models: Survey and Classification
2006
Within the Information Systems field, reference models are well-known for many years. The aim of this paper is to survey and to describe reference models for business processes. Our analysis of 30 process reference models is based on a framework consisting of criteria such as application domain, used process modeling languages, model's size, known evaluations and applications of process reference models. Furthermore, we identify model domains, which have been dealt with, describe similarities and differences between the available process reference models, and point to open research questions.
From Organization Business Model to Information System: One Approach and Lessons Learned
2011
The system ISTechnology and lessons learned of its use in the business modeling and development of information systems are analyzed in the paper. The system consists of the meta-model and applications. The meta-model enables to define a platform independent business model of the organization. The applications provide the definition and interpretation of the business model. Interpretation of the business model provides functionality of the information system in the selected platform. The lessons learned confirm that the development and maintenance cost of information systems can be significantly reduced by use of the ISTechnology.
An Architecture for Collaborative Scenarios Applying a Common BPMN-Repository
2005
Collaborative business scenarios require a flexible integration of enterprises. To manage inter-organizational business processes, existing concepts for business process management (BPM) need to be adopted and extended. This paper presents a conceptual architecture for cross-enterprise processes’ planning, implementation, and controlling. Core component of the architecture is a distributed repository managing all required data and information, which especially obtains a process-oriented view on collaboration networks. Cross-organizational processes need close coordination among networking partners. This is achieved through the integration of business process models. Thus we further propose …
Commercial and financial policies in family firms: The small business growth management flight simulator
2000
An interactive learning environment (ILE) was built to reproduce the budgeting process of a small family-owned entrepreneurial firm and to capture how current decisions affect business growth in a longer time horizon. The ILE matches the accounting-related perspective through which spreadsheet-based budgets are drawn up, with the system dynamics (SD) view. Such a goal has been pursued through a connection of traditional Excel spreadsheets with POWERSIM SD models. Playing the SMALL BUSINESS GROWTH MANAGEMENT FLIGHT SIMULATOR allows one to learn how (a) to draw up a budget based on an SD perspective, (b) long-term goals may be affected by current decisions, (c) business/family survival and gr…
Towards a Better Understanding of the Dynamics of Platform as a Service Business Models
2014
Platform as a Service (PaaS) solutions are changing the way software is produced, distributed, used, and priced. However, there has been little research into understanding the dynamics of PaaS business models and how these business models should be designed to establish a flourishing ecosystem around these platforms. Using design science research (DSR) we first identified the main design elements of PaaS business models as well as their relationships by investigating 24 PaaS providers. The resulting classification scheme as well as the qualitative systems dynamics model (in form of a causal loop diagram (CLD)) facilitates a better understanding of the adoption dynamics of PaaS business mode…
Applying constructivist approach to educational business games: Case REALGAME
2003
Business organizations and their employees face ever-increasing complexity and accelerating changes. This brings along the need for training models that can transmit knowledge and skills needed in this kind of environment. Business process understanding is especially required. This article evaluates business games in the light of constructivism, a view of learning emphasizing the need to anchor training to everyday activities and concrete contexts, and introduces a new computer-based business game. The purpose of this construction is to give the business game participants a realistic view of business processes and thus enhance participant business process perception. The primary aim of the…
Is experience a useful resource for business model innovation?
2016
ABSTRACTBusiness model innovation has been proposed as a powerful strategic tool, able to offer competitive advantage, create markets and even reshape industries. Despite these powerful effects, little research has been conducted into studying and improving business model generation methods, and even less study has gone into analysing how to define new business models that can exert a disruptive effect on markets and industries. Our work tries to fill this gap, analysing whether experience encourages or discourages the generation of disruptive business models. An empirical analysis was carried out using an experimental methodology. The results seem to contradict the currently dominant Resou…