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The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
Hubstaff is a remote company that created a workforce management software suite that offers proof of work, time-tracking software, and payroll management, along with a remote talent finder and project management software. Founded in 2012 by Dave Nevogt and Jared Brown, today Hubstaff employs a workforce of more than 90 people across the world. [1]
Enterprise modelling is the process of building models of whole or part of an enterprise with process models, data models, resource models and/or new ontologies etc. It is based on knowledge about the enterprise, previous models and/or reference models as well as domain ontologies using model representation languages. [3]
The most familiar business reference model is the "Business Reference Model", one of five reference models of the Federal Enterprise Architecture of the US Federal Government. That model is a function-driven framework for describing the business operations of the Federal Government independent of the agencies that perform them. The Business ...
Business model patterns are reusable business model architectural components, which can be used in generating a new business model. [1] In the process of new business model generation, the business model innovator can use one or more of these patterns to creating a new business model. Each of these patterns has similarities in characteristics ...
Business Motivation Model. The Business Motivation Model (BMM) in enterprise architecture provides a scheme and structure for developing, communicating, and managing business plans in an organized manner. [1] Specifically, the Business Motivation Model does all the following: identifies factors that motivate the establishing of business plans;
Business strategy drives selection of business models. These business models drive the design of underlying processes and services. Business Analysis is critical: Any number of models can address a strategic imperative. But the best models, services and processes will exploit existing business capabilities (human, IT and physical), the areas where change is possible and the areas where invest
A view model is a framework that defines the set of views or approaches used in systems analysis, systems design, or the construction of an enterprise architecture. Since the early 1990s, there have been a number of efforts to define standard approaches for describing and analyzing system architectures.