Bromley by Bow Centre/Business Models and Client Based Design
Appearance
Assignments
[edit | edit source]1) Case study (2000 words) 50%
- Describe/analyse/compare/contrast two different business models, employed either by the same organisation, or by different organisations, showing evidence of their effectiveness, and suggesting explanations for what you find.
- Learning Outcomes to be demonstrated:
- Demonstrate an understanding of business models and related concepts
- Critically analyse opportunities in specific markets
- Assess strategic options for a range of service providers and other not-for-profit organisations
- Examine and explain demand, supply and value issues, and complexities, in specific markets
- Distinguish between cases, situations, and types of business model
- Critically evaluate the performance, policies and approaches of organisations in relation to their business models.
2) Proposal (2000 words) 50%
- Write a proposal for the development or adoption of a new or changed business model by a real-world organisation, showing evidence to support the idea, and providing an argument for its advantages over other options.
- Learning Outcomes to be demonstrated:
- Critically analyse opportunities in specific markets
- Assess strategic options for a range of service providers and other not-for-profit organisations
- Examine and explain demand, supply and value issues, and complexities, in specific markets
- Distinguish between cases, situations, and types of business model
- Diagnose management and other problems in actual and proposed services and other organisational undertakings
- Produce rationales for the adoption of specific business models
- Collaborate in the investigation of cases, and articulation of findings and analysis
Quotes
[edit | edit source]Business model
[edit | edit source]- "Every Good Regulator of a system must be a model of that system" Conant and Ross Ashby[1]
- "Every Good Key Must Be A Model Of The Lock It Opens" Daniel L. Scholten[2]
- "The gist of Ashby’s First Law is that any model is better than no model at all, which basically means that even if we can’t figure out the truth of a situation, we are almost always better off just making up any old thing rather than muddling around in the muck of our own ignorance."
Viable Systems model
[edit | edit source]- Viable Systems Model by Jon Walker
- A Viable System Model: Consideration of Knowledge Management by Allenna Leonard
Cases
[edit | edit source]Complexity
[edit | edit source]- "Complexity is not the same as variety (Saviotti 1996)[3]. Variety refers to a diversity of types. Complexity exists only when such variety exists within a structured system. In short, complexity in the sense used here is systemically interconnected and interactive variety. By this definition, increasing economic complexity means a growing diversity of interactions between human beings and between people and their technology.[4]
- "The measure of complexity is called VARIETY. VARIETY is defined as the number of possible states of whatever it is whose complexity we want to measure."[5]
Situations
[edit | edit source]Leibniz's whole phenomenal theory finally stands on these two very concepts, isomorpohism and situation - which are both taken from geometry.[6]
Supply and demand
[edit | edit source]Wikimedia
[edit | edit source]References
[edit | edit source]- ↑ Conant R. C. & Ross Ashby W., (1970) 'Every Good Regulator of a system must be a model of that system', Int. J. Systems Sci., 1970, vol. 1, No. 2, 89-97 Accessed 8 Feb 2012
- ↑ Scholten D. L. (2009-10) Every Good Key Must Be A Model Of The Lock It Opens accessed 8 Feb 2012
- ↑ Saviotti, P. P. (1996) Technological Evolution, Variety, and the Economy. Aldershot, U.K.: Edward Elgar
- ↑ Hodgson, G. M. (2003). "Capitalism, complexity, and inequality." Journal of Economic Issues 37(2): 471-478.
- ↑ Stafford Beer A. (1979). The Heart of the Enterprise, Chichester: John Wiley (p, 32)
- ↑ de Risi V. (2007) Geometry and Monadology: Leibniz's Analysis Situs and Philosophy of Space Birkhauser(Science Networks. Historical Studies)
Bibliography
[edit | edit source]- 2004/Osterwalder: The Business Model Ontology - A Proposition In A Design Science Approach
- 1967/Stafford Beer: Stafford Beer A. (1967). Management Science: The Business Use of Operations Research, London: Aldus Books
- 1979/Stafford Beer: Stafford Beer A. (1979). The Heart of the Enterprise, Chichester: John Wiley