scholarly journals Developing Home Service System; Business Process Reengineering for Motorcycle Workshop

2021 ◽  
Vol 3 (2) ◽  
pp. 94
Author(s):  
Yudhi Windarto ◽  
Rebecca Hersant ◽  
Endi Putro
Keyword(s):  
Business Model ◽  
Business Process ◽  
Process Model ◽  
Service System ◽  
Good Health ◽  
Business Environment ◽  
Business Sustainability ◽  
Home Service ◽  
New Business ◽  
The Right

Business Organizations always strive for their self to reach business sustainability. There are various dynamic challenges in business environment that must be respond by each organization. Organizational responds for each challenge very decisive to organization’s business sustainability in the future. For now, in this Covid 19 pandemic situation each organization must creative and innovative to change and modify their business model in order to survive. Motorcycle workshop was one of the SME that affected by Covid 19 pandemic, because government policy to restriction activity of people and social distancing. Decreasing customers of motorcycle workshop and to respond the situation bring up the idea to reengineering business model. Home service system was selected as alternative solution to strive for survive in this situation, of course, by implementing a good health protocol. This system was built with a mobile application as a tool in reservation and managing customers service schedules. With this system customers do not have to come and queue at the workshop, so it will be safer in this pandemic situation. Not all services can be served with this system, only minor, moderate and routine repairs that can be served with this system. The payment transaction process is carried out on the spot according to the calculations by the system. With this new business process model, it is hoped that it will be the right solution for consumers and workshops so that they can remain productive in the midst of the Covid 19 pandemic.

Sustainable Competitive Advantage Through Business Model Innovation

2020 ◽  
pp. 191-213
Author(s):  
Purna Prabhakar Nandamuri ◽  
K. S. Venu Gopala Rao ◽  
Mukesh Kumar Mishra
Keyword(s):  
Business Model ◽  
Business Models ◽  
New Technologies ◽  
Business Environment ◽  
Business Model Innovation ◽  
Sustainable Competitive Advantage ◽  
Term Survival ◽  
New Business ◽  
Indian Perspective

Conventionally, businesses focus on their offerings for growth. But the increasingly unpredictable business environment is making them irrelevant in the market. So, businesses should resort to a system of dynamic management by innovating on the business models rather than a single aspect of the business. Business model innovation demands neither new technologies nor creation of new markets, but cares about delivering the existing products produced by existing technologies to the existing markets, through a unique model. Hence, defining, innovating, and evolving new business models have become the new basis of competition. A differentiated, hard-to-imitate, effective, and efficient business model is more likely to ensure higher profits and long-term survival. In this context, the present chapter attempts to furnish multiple global evidences and discuss the Indian perspective of business model innovation.

scholarly journals Strategic Formulation Analysis to Build a New Business Startup “Jamu Partnership” in Indonesia

2021 ◽  
Vol 8 (8) ◽  
pp. 568-576
Author(s):  
Erna Setiyawati ◽  
Andhika Saputra ◽  
Rhian Indradewa
Keyword(s):  
Business Model ◽  
Value Proposition ◽  
Strategy Formulation ◽  
Business Model Canvas ◽  
Startup Company ◽  
New Business ◽  
Generic Strategy ◽  
Formulation Analysis ◽  
The Right ◽  
Internal And External Factors

Background – PT Oesodo Alam Mandiri (PT OAM) is a startup company that was established to provide solutions to business opportunities and problems that are being faced by people in Indonesia. Before starting a business, it is necessary to analyze both internal and external factors, also carry out strategy formulation. The results of this analysis will assist in determining the right strategy and business model. Through the right strategy and business model, a newly established startup company will be able to compete and be sustainable. Method – Using Value Proposition Canvas, EFE, IFE, VRIO, CPM, SWOT, IE, QSPM, Porter’s Generic Strategy and Lean Business Canvas Model. Result – This analysis helps to determine the right business model for jamu partnership startup company. Keywords: Startup, Value Proposition Canvas, Lean Business Model Canvas, Jamu, Indonesia.

Jugnoo: expansion or consolidation

2020 ◽  
Vol 10 (1) ◽  
pp. 1-19
Author(s):  
Sushmita Biswal Waraich ◽  
Ajay Chaturvedi
Keyword(s):  
Chief Executive ◽  
Business Environment ◽  
Content Type ◽  
Large Cities ◽  
Business Opportunity ◽  
Academic Level ◽  
Short Period ◽  
New Business ◽  
The Face ◽  
The Right

Learning outcomes The student will be able to understand the concept of spotting an opportunity and exploiting the same. The student will be able to comprehend the various challenges faced in the development of a business idea. The student will be able to understand the strategies that need to be adopted to cope with and grow, in a competitive business environment. Case overview/synopsis Samar Singla, the Chief Executive Officer of Jugnoo, had sensed a business opportunity in auto rickshaw aggregation. He was convinced that being among the initial players in the market of auto rickshaw aggregation, there would be very little competition. He only had to play his cards right, to become the top auto aggregator. As Singla started the business, there were challenges like inducting the auto rickshaw drivers as partners, training them, hiring the right team, putting the right strategies in place and to expand the business. Singla launched and achieved robust growth in the new business, in a short period of time. Soon, however, Jugnoo felt competition breathing down their neck – form cab aggregators who were already dominant players in the cabs aggregation segment, in the large cities. To hedge their risks, Singla added other services such as “Meal” (meal delivery) and “Fatafat” (goods delivery) – as B2C and B2B services. These services, however, had to be closed soon after because of stiff competition from the local players. Singla also adopted the inorganic growth path by acquiring “Sabkuch,” a grocery delivery logistics firm; “Yelo,” a platform that provided online access to businesses and “BookMyCab,” a taxi aggregation company. Faced with tapering growth after an initial steep rise, Singla had to confront a dilemma about the right method of ensuring growth in the face of competition. Complexity academic level Under graduate, masters in business administration and post graduation in the areas of entrepreneurship and strategy. Supplementary materials Teaching Notes are available for educators only. Subject code CSS 11: Strategy.

scholarly journals DYNAMIC BUSINESS MODEL BASED ON RESEARCH IN POWER ELECTRONICS INDUSTRY

2013 ◽  
Vol 4 (4) ◽  
pp. 35-44 ◽  
Author(s):  
Jari Koskinen ◽  
Josu Takala ◽  
Joseph Sebuwufu Awali
Keyword(s):  
Power Electronics ◽  
Business Model ◽  
Dynamic Capabilities ◽  
Success Factors ◽  
Business Environment ◽  
Key Success Factors ◽  
New Business ◽  
Additional Value ◽  
Operational Excellence ◽  
Entrepreneurial Strategy

Abstract The recent global economic crisis has caused an uncertain and challenging business environment and has battered managements that are running businesses all over the world. This paper focuses on new capabilities that can be used successfully in a fast changing business environment for improving firms’ efficiency. This research utilizes constructive approach including interviews and case studies. The relevant findings of the study are the elements of the key success factors: entrepreneurial strategy, R&D to market performance, dynamic operational excellence and innovativeness with links to the key actions which have led to new business model called dynamic business model (DBC). This research focuses on power electronics business industry which at the same time is a limitation. This research helps directors and managers to think more widely and make better decisions for the success of the company. This research results bring additional value of the previous studies regarding a firm’s key success factors and dynamic capabilities.

scholarly journals Towards emergence phenomenon in business process management

2017 ◽  
Vol 27 (2) ◽  
pp. 263-277 ◽  
Author(s):  
Maciej Koryl ◽  
Damian Mazur
Keyword(s):  
Business Process ◽  
Process Model ◽  
Business Process Management ◽  
Process Management ◽  
Workflow Management ◽  
Business Environment ◽  
Case Based Reasoning ◽  
Workflow Systems ◽  
Emergence Theory ◽  
Complex Events

Abstract A standard solution regarding business process management automation in enterprises is the use of workflow management systems working by the Rule-Based Reasoning approach. In such systems, the process model which is designed entirely before the implementation has to meet all needs deriving from business activity of the organization. In practice, it means that great limitations arise in process control abilities, especially in the dynamic business environment. Therefore, new kinds of workflow systems may help which typically work in more agile way e.g. following the Case-Based Reasoning approach. The paper shows another possible solution – the use of emergence theory which indicates among other conditions required to fulfill stimulation of the system (for example the business environment) to run grass-roots processes that lead to arising of new more sophisticated organizing forms. The paper also points the using opportunity of such techniques as the processing of complex events to fulfill key conditions pointed by the emergence theory.

Harnessing platform-based business models to power disruptive innovation

2016 ◽  
Vol 44 (5) ◽  
pp. 6-14 ◽  
Author(s):  
Haydn Shaughnessy
Keyword(s):  
Business Model ◽  
Customer Value ◽  
Business Models ◽  
Business Environment ◽  
Disruptive Innovation ◽  
Senior Managers ◽  
Content Type ◽  
Continuous Innovation ◽  
New Business ◽  
Unique Customer

Purpose Adopting and implementing a platform-based business model is fraught with problems and complications, many of which are poorly understood even by industry insiders. As they try to sort through the best practices for operating in this new business environment, senior managers need to carefully analyze the strengths of the business model of some of most successful companies before trying to imitate them. . Design/methodology/approach For a team to execute such a strategy quickly and seamlessly it must first thoroughly understand the components of such a business model and how they interact to produce unique customer value and formidable competitive advantage Findings The platform is a new way to organize wealth-creating activity. Practical implications The author details the components of a successful platform-based business model. Originality/value Platform-based business models seek to leverage the assets of third parties and in the process extend the value of economic activity to customers in ways that engage and benefit them. Senior leaders and operations managers alike need to understand that continuous innovation of customer value and policies that attract asset-rich partners and skillful developers is essential to the growth of the network.

scholarly journals Requirements for CFO Within The Business Model

2020 ◽  
Vol 1 (14) ◽  
pp. 186-191
Author(s):  
Rosita Zvirgzdina ◽  
Helena Skadina ◽  
Alida Vane
Keyword(s):  
Business Model ◽  
Business Environment ◽  
Chief Financial Officer ◽  
Business Organization ◽  
Business Organizations ◽  
Management Capability ◽  
Market Situation ◽  
New Business ◽  
Fierce Competition

The concept “Business modeling” has become commonplace in everyday business due to the rapidly changing market situation, fierce competition and digital transformation trend that affects every business. Other player can appear unexpectedly and bring a new business model to the market, typically fueled by innovative technologies and ideas, and render everyone else obsolete. To remain successful shifting of business environment is required as well as an updated management capability not only to modernize processes, but also to select, empower and appreciate workforce. One of the key roles in any business organization plays the Chief Financial Officer (CFO) that contributes and determines the wellbeing of the business. The role has become more important because of the new technological influence and therefore is more needed by business organizations. This paper aims to formulate requirements for CFO for companies that are going to establish a new business model or to reinvent the existing one. The result of this paper forms the basis for conclusions about the role of the CFO while modelling business, contribution to the modelling success and about requirements that the CFO has to meet.

scholarly journals A methodology using UML & SADT to develop an effective business model in healthcare

2021 ◽  
Author(s):  
Akram Kamal El-Ashy
Keyword(s):  
Business Model ◽  
Business Process ◽  
Process Model ◽  
Unified Modeling Language ◽  
Comprehensive Analysis ◽  
Modeling Language ◽  
Business Process Model ◽  
Canadian Hospital ◽  
Unified Modeling ◽  
Structured Analysis

A business process model is an abstraction of business funcionality in terms of modeling the goals, processes, objects and any other associated events of an enterprise. An effective business model can show how an enterprise and its subsets function today, and how one may plan for it to function in the future. Effective business modeling to gain insights towards improvements in hospital areas has been used infrequently by industrial engineers. This thesis presents a methodology using UML (Unified Modeling language) and SADT (Structured Analysis & Design Technique) that may be utilized to develop an effective business process model in the medical imaging area of a major Canadian hospital (St. Michael's Hospital). The effectiveness of this business model may clear the way towards a comprehensive analysis for improvements.

scholarly journals A methodology using UML & SADT to develop an effective business model in healthcare

2021 ◽  
Author(s):  
Akram Kamal El-Ashy
Keyword(s):  
Business Model ◽  
Business Process ◽  
Process Model ◽  
Unified Modeling Language ◽  
Comprehensive Analysis ◽  
Modeling Language ◽  
Business Process Model ◽  
Canadian Hospital ◽  
Unified Modeling ◽  
Structured Analysis

A business process model is an abstraction of business funcionality in terms of modeling the goals, processes, objects and any other associated events of an enterprise. An effective business model can show how an enterprise and its subsets function today, and how one may plan for it to function in the future. Effective business modeling to gain insights towards improvements in hospital areas has been used infrequently by industrial engineers. This thesis presents a methodology using UML (Unified Modeling language) and SADT (Structured Analysis & Design Technique) that may be utilized to develop an effective business process model in the medical imaging area of a major Canadian hospital (St. Michael's Hospital). The effectiveness of this business model may clear the way towards a comprehensive analysis for improvements.

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