House Science, Space, and Technology Committee Hearing on Coronavirus (March 5, 2020)
“Innovative e-business projects start with a design of the e-business model. We often encounter the view, in research as well as industry practice, that an e-business model is similar to a business process model, and so can be specified using UML activity diagrams or Petri nets. In this paper, we explain why this is a misunderstanding. The root cause is that a business model is not about process but about value exchanged between actors. Failure to make this separation of concerns leads to poor business decision-making and inadequate business requirements.”
Jaap Gordijn, Hans Akkermans, and Hans Van Vliet. "Business modelling is not process modelling." International Conference on Conceptual Modeling. Springer Berlin Heidelberg, 2000. Abstract
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Hans van Vliet 5
Dutch computer scientist 1949Related quotes
Source: ARIS architecture and reference models for business process management (2000), p. 380.
Source: "Towards a strategic theory of the firm." 1997, p. 131; Lead paragraph
“Business models and value propositions expire like a yogurt in the fridge.”
Alexander Osterwalder in foreword to: Stefanie Auge-Dickhut, Bernhard Koye, Axel Liebetrau (2015), Customer Value Generation in Banking: The Zurich Model of Customer-Centricity. p. ix
“Human trafficking is not a business model, it is a crime”
2012, Remarks at Clinton Global Initiative (September 2012)
Context: Human trafficking is not a business model, it is a crime, and we are going to stop it.
Diginomica: "Oracle CEO Mark Hurd on the looming transformation of enterprise IT" https://diginomica.com/2018/01/11/oracle-ceo-mark-hurd-on-the-looming-transformation-of-enterprise-it/ (11 January 2018)
James Rumbaugh, Ivar Jacobson & Grady Booch (1998) The Unified Modeling Language Reference Manual. p. 1
James Rumbaugh, Ivar Jacobson, & Booch (1999) The Unified Modeling Language Reference Manual. p. 1