exploring experience-based business models
DESCRIPTION
Modified presentation given at the University of Alabama at Birmingham in Drs. Worrell (MBA 611) and Johnston (IS491) classes.TRANSCRIPT
EXPLORING EXPERIENCE-BASED BUSINESS MODELS
Paul M. Di Gangi, Ph.D.Western Carolina University
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Before we really begin…
Presentation StructureStart
Finish
Organizational Strategies
Drivers of Change
Questions
Evolution of Business Models
Business & Personal Implications
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The Business Model
An organization’s line in the sand
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The Business Model
An organization’s line in the sand
The conceptual foundation that determines how an organization creates and captures value.
Develops the boundaries of an organization by: • Articulating the organizations vision• Defining its approach to managing value creation
Happens
< 1 >People Change...
Incre
ase
dIn
tera
ctivityME
< 2 >Our \/\/0rLD can Change...
Explosion of Social Media
< 3 >Our choices Change...
Networked Individualism(Wellman et al., 2003)
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Social Affordances(boyd, 2007)
June 25, 2009
But what happens to the business models?
Johnson, Christensen, and Kagermann (2008)
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They Evolve...
Closed Model
Organizations internalize resources for value creation; restrict access to knowledge,
and protect intellectual property.
Open Model
Organizations leverage both internal and external resources for value creation;
strategically interact with its environment
Co-created Model
Focus is on the crafting of a unique, positive user experience in order to generate mutual benefits for both organizations and users.
“Distributed groups of individuals focused on solving a general problem
and/or developing a new solution supported by computer-mediated
communication.” (Dahlander & Wallin, 2006)
User Innovation Community
the implications
Digital Convergence of Identity
Who Am I? | How Am
I Seen?
so what should you do to prepare yourself?
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