scholarly journals THE IMPACT OF COVID-19 PANDEMIC ON CHANGING ENTERPRISE BUSINESS MODELS: TRENDS AND PROSPECTS

2021 ◽  
pp. 55-63
Author(s):  
O. Pimenova ◽  
◽  
K.V. Mamii ◽  
Keyword(s):  
Business Model ◽  
Business Models ◽  
Developed Countries ◽  
Business Leaders ◽  
Customer Relationships ◽  
Sales Channels ◽  
Tangible Assets ◽  
Value Propositions ◽  
Key Resources ◽  
The Impact

Different approaches to the interpretation of the concept of "business model" are considered. Based on them, the essence of this concept is characterized, namely: the business model is a system that combines many elements that in their relationship determine the necessary directions of the firm, which creates value, financial results and consolidates positions on the market. An example of the formation of such a system based on the Busines Model Canvas by Osterwalder was considered in order to highlight key elements. The main elements are analyzed: Key Partners, Key Activities, Key Resources, Value Propositions, Customer relationships, Channels, Customer Segments, Cost Structure and Revenue Streams. It is determined that a business model of the enterprise is a reflection of the internal environment of the enterprise, but at the same time is strongly influenced by environmental factors. The consequences of the Covid-19 pandemic in terms of business in European countries are considered. According to results of the study, it was determined that the greatest impact of the pandemic was reflected on the income of enterprises. Based on the selected key elements of the business model of the enterprise, the impact of the pandemic on each element is analyzed. The main consequences are: the risk of losing partners, reducing the relevance of certain activities, the inexpediency of focusing only on tangible assets, changes in value propositions, loss of customer loyalty, reducing the efficiency of old sales channels and so on. Accordingly, the main trends in business models of enterprises are identified: reorientation of activities, sales channels, customer relationships online, emphasis on the importance of human capital, the introduction of elements of risk management. Thus, the Covid-19 pandemic has a significant impact on the success of enterprises, even in highly developed countries. In an environment of unpredictability, business leaders should pay an attention for creating and improving business models to ensure their sustainability and efficiency.

scholarly journals Features of business models in the market of payment services

2018 ◽  
pp. 66-73
Author(s):  
S. V. Krivoruchko ◽  
V. A. Lopatin
Keyword(s):  
Business Model ◽  
Business Models ◽  
Cost Structure ◽  
Customer Relationships ◽  
Sales Channels ◽  
Value Propositions ◽  
Revenue Streams ◽  
Payment Services ◽  
Key Resources

Features of business models of participants of the market of retail payment services are considered. An approach based on the allocation of nine elements of the business model is used: consumer segments, value propositions, sales channels, customer relationships, revenue streams, key resources, key activities, key partners, cost structure

scholarly journals BUSINESS DEVELOPMENT STRATEGY WITH CANVAS MODEL BUSINESS APPROACH IN CV. HAKHENBIK

2020 ◽  
Vol 1 (3) ◽  
pp. 469-481
Author(s):  
Iqbal Kamaluddin
Keyword(s):  
Development Strategy ◽  
Business Model ◽  
Swot Analysis ◽  
Solid Wood ◽  
Customer Relationships ◽  
Selling Price ◽  
Business Model Canvas ◽  
Value Propositions ◽  
Key Resources ◽  
Loyal Customers

Hakhenbik is a company engaged in the field of furniture and equipment of the school with its production material made from solid wood that has durable strength, and not easily damaged and has a high selling price. On this research author uses qualitative descriptive method that is by using the business model Business model Canvas (BMC), then evaluated using a SWOT analysis in every Business model Canvas (BMC) block on CV. Hakhenbik. The most powerful element in the Business Model Canvas is the      Key Partnership, sis the    value propositions. The elements that still lack are    Customer Relationships and the next is   Key Resources. Be  rbased on SWOT analysis, CV. Hakhenbik is advised to improve on the element of customer relationshipsThis is because the important factor in running the business is to maintain good relations with the customer, one way to maintain a good relationship with the customer is to maintain communication with customers such as increase communication through social media such as facebook, whats up group, Instagram  and others, and can be done by maintaining loyal customers by providing members cards  and discounts for loyal customers. In addition to the customer relationships elements that need to be repaired are key Resources   by conducting training and development to employees of both operational and management employees.

scholarly journals Analisis business model canvas pada perpustakaan Institut Bisnis dan Informatika Stikom Surabaya dalam meningkatkan kualitas perguruan tinggi

2018 ◽  
Vol 14 (2) ◽  
pp. 124
Author(s):  
Ayouvi Poerna Wardhanie ◽  
Deasy Kumalawati
Keyword(s):  
Business Model ◽  
Customer Relationships ◽  
Personal Assistance ◽  
Business Model Canvas ◽  
Value Propositions ◽  
Technological Developments ◽  
Information And Communication ◽  
Qualitative Descriptive ◽  
Self Service ◽  
Key Resources

Introduction. This study aims to analyze the business model canvas by the Library of Stikom Surabaya by using nine elements. They are customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, dan cost structure.Data Collection Method. The study used qualitative descriptive perspective to examine factual information and emerging practices in the field.Results and Discussions. Students, staff and community should be able to leverage the library services. The value offered was technology-based services and visitor convenience. Channels provided were the library website, email, social media. Customer relationships were built through personal assistance and self service. The key resources were human, technology and facilities. The key activities were learning commons. The key partnerships were internal and external partners. Conclusions. The Library is committed to realising its vision as a superior information center by providing a complete and fast information and communication channel in accordance with technological developments and customer needs.

scholarly journals LinkAja Business Models Strategy Development Using BMC Approaches

2020 ◽  
Vol 4 (02) ◽  
pp. 46-59
Author(s):  
Novreyna Ludmilla Alda ◽  
Sari Wulandari
Keyword(s):  
Business Model ◽  
Business Models ◽  
Customer Relationships ◽  
Strategy Development ◽  
Mobile Payment ◽  
Electronic Money ◽  
Consulting Services ◽  
The Right ◽  
Key Resources ◽  
Structure Research

In the first quarter of 2019, there was an increase in the value and the volume transaction on electronic money transactions in Indonesia. The development of electronic money is directly proportional to the high competition of companies engaged in the field of mobile payment. LinkAja is a mobile payment application product that is representative of collaboration between Telkomsel and the number of State-Owned Enterprises (SOEs). One of the keys to success in facing competition is to develop continuously. Therefore, it is necessary to develop the right business model to determine the optimal strategy in developing the LinkAja application business. The objectives of this research are formulating and developing LinkAja business models strategy. This result of this study proposed business model in the form of improvement for each element of its business model including: elements (1) Customer segments: Adding target customers to e-marketplaces and e-commerce, (2) Customer relationships: Developing cooperation with LinkAja competitors, (3) Value Proposition: Developing customer consulting services by providing training for using the LinkAja application, (4) Key Activities: Developing collaboration with partners and competitors, (5) Key Partners: Collaborating with the competitors such as Gopay, OVO, FUND, etc., (6) Key Resources: Using digital budget information systems to facilitate transparency of company budgets, (7) Revenue streams: Upgrading fees for premium services, and (8) Cost Structure: Research costs.

scholarly journals Analisis Business Model Canvas (BMC) Mie Tjap Tiga Anak Desa Wlahar Kulon Kecamatan Patikraja Kabupaten Banyumas

2021 ◽  
Vol 2 ◽  
pp. 298-302
Author(s):  
Rina Dwi Lestari ◽  
Yusuf Enril Fathurrohman
Keyword(s):  
Business Model ◽  
Customer Relationships ◽  
Personal Assistance ◽  
Business Model Canvas ◽  
Value Propositions ◽  
The Government ◽  
Product Sales ◽  
The Cost ◽  
Key Resources ◽  
Research Type

This study aimed to analyze the design of the canvas business model of the Tjap Tiga Anak Noodle Factory. The method used was the descriptive-analytical method because, in this study, a qualitative research type was chosen to analyze the Business Model Canvas to map the business state at the Mie Tjap Tiga Anak Factory. The results of research, at the Mie Tjap Tiga Anak Factory using a business model canvas, showed business activities in 9 elements, namely customer segments with B2C and B2B, value propositions that were certified halal (LPPOM MUI), channels used were direct and indirect, customer relationships with apply personal assistance, revenue streams were product sales, key resources were human resources, key activities were production activities, key partnerships were carried out with the government, distributors, and the community or customers, and the cost structure includes fixed and variable costs.

scholarly journals ANALISIS MODEL BISNIS BESI TUA DI INDONESIA (STUDI KASUS DI PT. PUTRA KEMUNING KARAWANG)

BUANA ILMU ◽  
2020 ◽  
Vol 4 (2) ◽  
pp. 113-123
Author(s):  
Eman Sulaeman ◽  
Danang Kusnanto
Keyword(s):  
Business Model ◽  
Case Study Research ◽  
Scrap Metal ◽  
Customer Relationships ◽  
Cost Structures ◽  
Business Model Canvas ◽  
Analysis Technique ◽  
Value Propositions ◽  
Revenue Streams ◽  
Key Resources

Peluang bisnis besi tua saat ini sangat menarik karena selain cara kerjanya mudah, sirkulasi uangnya juga sangat besar. Pertumbuhan bisnis ini seiring dengan tumbuhnya industri di K abupaten Karawang dimana bisnis besi tua merupakan turunan dari industri yang ada, khususnya industri metal dan otomotif. Tujuan dari penelitian ini adalah untuk mengetahui bagaimana konsep model bisnis pada bisnis besi tua PT. Putra Kemuning dengan menggunakan bisnis model kanvas yang mencakup sembilan blok yaitu value propositions, channels, customer relationships, customer segments, revenue streams, key resources, key activities, key partners, cost structure. Sembilan blok bisnis model kanvas ini juga dijadikan sebagai unit analisis dalam penelitian ini. Metode penelitian yang digunakan adalah pendekatan kualitatif deskriptif dengan jenis penelitian studi kasus. Teknik analisis yang digunakan dalam penelitian ini adalah teknik analisis domain. Hasil penelitian dapat disimpulkan bahwa model bisnis menggunakan model bisnis kanvas  telah mendukung proses operasi bisnis besi tua di PT. Putra Kemuning sesuai dengan harapan. Kata kunci:  Bisnis, Model Bisnis, Model Bisnis Kanvas, Bisnis Besi Tua Today's scrap metal business opportunity is very interesting because in addition to how it works easily, the circulation of money is also very large. The growth of this business is in line with the growth of industry in the Karawang Regency where the scrap metal business is a derivative of the existing industry, particularly the metal and automotive industries. The purpose of this study was to determine how the concept of the business model in the scrap metal business of PT. Putra Kemuning uses a canvas business model that includes nine blocks, namely value propositions, channels, customer relationships, customer segments, revenue streams, key resources, key activities, key partners, cost structures. The nine business blocks of the canvas model are also used as the unit of analysis in this study. The research method used is a descriptive qualitative approach to the type of case study research. The analysis technique used in this study is the domain analysis technique. The results of the study concluded that the business model using the canvas business model had supported the scrap metal business operations process at PT. Putra Kemuning in accordance with expectations. Keywords: Business, Business Model, Canvas Business Model, Scrap Metal Business

Business model innovation in small- and medium-sized enterprises

2019 ◽  
Vol 30 (8) ◽  
pp. 1127-1142 ◽  
Author(s):  
Julian Marius Müller
Keyword(s):  
Business Model ◽  
Industry 4.0 ◽  
Business Models ◽  
Customer Relationships ◽  
General Level ◽  
German Industry ◽  
Exploratory Research ◽  
Content Type ◽  
Business Model Canvas ◽  
Key Resources

Purpose Industry 4.0 is expected to significantly transform industrial value creation. However, research on business models affected through Industry 4.0, and on small- and medium-sized enterprises (SMEs), remains scarce. In response, the purpose of this paper is to address both aspects, further elaborating on the role that SMEs can take toward Industry 4.0 as provider or user. Design/methodology/approach The paper used an exploratory research design based on 43 in-depth expert interviews within the three most important German industry sectors, mechanical and plant engineering, electrical engineering and automotive suppliers. Interviews were conducted with leading personnel of the respective enterprises, including 22 CEOs. They assign business model implications through Industry 4.0, referring to the Business Model Canvas, while the paper delineates between Industry 4.0 providers and users. Findings The paper finds that key resources and value proposition are among the most affected elements of the business model, whereas channels are the least affected. Furthermore, distinct characteristics between Industry 4.0 providers and users can be delineated. In general, Industry 4.0 providers’ business models are significantly more affected than users, except for key partners and customer relationships. Research limitations/implications Industry 4.0 remains at its early stages of implementation. As a result, many interviewees’ answers remain at a rather general level. Practical implications Strategies for the further alignment of the business models are provided for Industry 4.0 providers and users. Originality/value The paper is among the few that investigate Industry 4.0 in the context of SMEs and business models.

scholarly journals The Identification of Values in Business Models of Tourism Enterprises in the Context of the Phenomenon of Overtourism

2020 ◽  
Vol 12 (4) ◽  
pp. 1457
Author(s):  
Zygmunt Kruczek ◽  
Adam R. Szromek
Keyword(s):  
Business Model ◽  
Business Models ◽  
Local Community ◽  
Sustainable Tourism ◽  
Specific Level ◽  
Sustainable Tourism Development ◽  
Value Propositions ◽  
Tourism Enterprises ◽  
Comparison Of The Results ◽  
The Impact

This article presents considerations on business models, overtourism, and sustainable development on an example of the most important Polish tourist destination, which is Krakow. The purpose of the article is to identify the values generated and captured by tourist enterprises in the context of the occurrence of a specific level of overtourism. The authors have attempted to identify the values of sustainable tourism declared by entrepreneurs, referring to the companies providing services as well as tourists and the local community. The research, conducted on a sample of 518 respondents including 371 residents and 147 entrepreneurs, not only allowed us to determine the attitudes of Krakow inhabitants toward the phenomenon of overtourism related to the Doxey model of irritation, but also to assess the impact of having/using a business model based on the acceptance of principles in sustainable tourism development. A comparison of the results obtained between enterprises declaring having and not having a business model indicates a great similarity in terms of declared value propositions.

scholarly journals Strategi Perencanaan Model Bisnis Perusahaan Jasa Konsultan Arsitektur dan Jasa Kontraktor PT Architectaria Media Cipta

2018 ◽  
Vol 13 (1) ◽  
pp. 55
Author(s):  
Amirullah Muh Amin ◽  
Lukman M Baga ◽  
Netti Tinaprilla
Keyword(s):  
Business Model ◽  
Swot Analysis ◽  
Customer Relationships ◽  
Selling Price ◽  
Cost Structures ◽  
Business Model Canvas ◽  
Innovative Products ◽  
New Business ◽  
Value Propositions ◽  
Key Resources

PT Architectaria Media Cipta is an architectural consulting and contractor company.The purpose of this research is to describe and improve the business model used by PT Architectaria Media Cipta based on Business Model Canvas (BMC) approach and SWOT analysis, and then develop a new business model prototype for PT Architectaria Media Cipta using Blue Ocean Strategy (BOS).BMC consist of customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structures. The data collected bystructured interview.There are seven unsurts that need to be improved in a major way, and the two unsurts are remedied in a minor.The new business model prototype is created with a new value proposition that makes home and office furnishings products with unique designs, fixed size, light weight that can be sold massively through webstores and marketplace. Innovative products made by utilizing waste materials with the concept of re-use and re-cycle, therefore) the selling price of the product remains affordable.

scholarly journals BRAINSTORMING BUSINESS MODEL CANVAS PADA FORMULASI STRATEGI “RABUK DIYANG” SEBAGAI PRODUK KHAS KABUPATEN INDRAGIRI HILIR

2020 ◽  
Vol 6 (1) ◽  
pp. 8-14
Author(s):  
Roberta Zulfhi Surya ◽  
Rosliana Rosliana
Keyword(s):  
Business Model ◽  
Cash Flow ◽  
Customer Relationships ◽  
Group Strategy ◽  
Cost Structures ◽  
Business Model Canvas ◽  
Value Propositions ◽  
Key Resources

This research uses integrating brainstorming method and Business Model Canvas, model is done with brainstorming method. The Canvas Business Model covers nine blocks, Customer Relationships, Key Partners, Value Propositions, Customer Segments, and cash flow, key resources (key resources), key activities (key activities) and cost structures (cost structures). The result of the research shows strategy with Business Model Canvas can effectively and efficiently in determining Rabuk Diang Empowerment Group strategy

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