Business model

A business model describes the rationale of how an organization creates, delivers, and captures value, in an economic, social, cultural or other context.

Key Words:

• Activity
• Structure
• Sequence
• Beginning
• Input
• Output
• Beginning
• End
• Time
• Customer
• Result

Modelling for business models:

• BMC
• 3EM

Business processes

a specific ordering of activities that has recevies an input and produces output that is of value to a customer

Modelling for buisness processes:

• informal models: textual descriptions / free form
• formal models: BPMN, EPC, BuissDesigner

Why should you model this?

• You know how the business works.
• it's explicit, so it is better for
  • Analysis
  • Optimization
  • Managment
• Identifies automatization possibilities.

BPMN

Flow Objects	Connecting Object	Swimlanes	Artifacts
Events	Sequence Flow	Pool	Data Object
Activities	Message Flow	Lanes	Text Annotations
Gateways	Association		Group