Most executives probably think of “process models” to capture how a business works. These descriptive models lay out what is done to the things in the system. Dynamic models, define and quantify those things themselves, and show how their scale changes over time – with considerable benefits over proce3ss models.
digital twin business models / Strategy
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How dynamic business models can enhance Enterprise Architectures for information-systems planning
“Enterprise Architectures” (EAs) have long provided a solid basis for developing organizations’ IT strategies and plans.
BUT, the business architectures on which the whole EA effort depends are typically descriptive and qualitative. Dynamic business models, in contrast, are quantified, working “digital twins” that play out how the business actually functions.
dynamic business models can add a stronger foundation for EA efforts.
Strategy
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Dog training – and why to be ruthless with product development
This issue will be very well known to organisations where large-scale product development is the norm, like FMCG and pharma, but may not be so familiar to others. […]
digital twin business models / Strategy
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Double the input – NOT double the result
I may have given the impression in my last post – “Half the input – less than half the output” – that cost concerns make us always spend […]
Strategy
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Half the input? .. less – much less – than half the impact
This is a specific illustration of the principles of an earlier topic (see ‘the Zombie business’ here) – that a business system needs some minimum recycling of cash […]