For at give dig den bedst mulige oplevelse bruger dette websted cookies. Gennemgå vores Fortrolighedspolitik og Servicevilkår for at lære mere. Forstået!
Artwork

Careers Business CBAP CSM | Certified Business Analysis Professional | Agile Coach Dave Saboe Podcasting Education Business Analyst
Indhold leveret af Dave Saboe, CBAP, PMP, CSM | Certified Business Analysis Professional | Agile Coach, Dave Saboe, CBAP, PMP, and CSM | Certified Business Analysis Professional | Agile Coach. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Dave Saboe, CBAP, PMP, CSM | Certified Business Analysis Professional | Agile Coach, Dave Saboe, CBAP, PMP, and CSM | Certified Business Analysis Professional | Agile Coach eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Minder om Mastering Business Analysis

Player FM - Podcast-app
Gå offline med appen Player FM !
Get it on App Store Get it on Google Play

Mastering Business Analysis « »
MBA225: The Value of Business Models

25:00
 
Afspil
Afspiller
Del
 

MP3•Episode hjem
Manage episode 301733375 series 2557282
Indhold leveret af Dave Saboe, CBAP, PMP, CSM | Certified Business Analysis Professional | Agile Coach, Dave Saboe, CBAP, PMP, and CSM | Certified Business Analysis Professional | Agile Coach. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Dave Saboe, CBAP, PMP, CSM | Certified Business Analysis Professional | Agile Coach, Dave Saboe, CBAP, PMP, and CSM | Certified Business Analysis Professional | Agile Coach eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

David Mantica helps us understand business models and helps us understand how to find new opportunities to create greater value.

Show Notes

Creating product requirements and delivering features is one thing. Understanding the business context and business models associated with your product and identifying different avenues to drive value is quite another.

Understanding your business model can help drive value for your organization and increase the value that you contribute as a Business Analyst, Product Owner, or Project Manager.

A business model incorporates how you package a product, how you sell it, how you market it, how you deliver it, and how you get paid for it. The packaging refers to the offer itself, not the box it comes in.

Your business model gives you insight into how you extract money or time from somebody for the product and understand the expense necessary that actually deliver it and the margins associated with it. You then tie in how you fit in the value chain of your organization and where you fit from a competitive standpoint.

Business Models for Internal Products

The first thing we have to remember with internal products is that revenue is considered with use and adoption of the product. Instead of revenue being much somebody paid for something, your internal customers pay for what you build based on their time; if they’re using it more, they’re paying a lot of money for it. Once you understand the use, you could tie value back to productivity.

We need to consider that there are different ways that you can deliver; all the different ways you can sell, all the different ways that you could generate revenue, ways that people engage with your product are different. You can commoditize the same solution but within two different business models and get two totally different results. You can understand the business model from an internal perspective by digging into how you deliver something.

How do you package that delivery? What’s the value proposition? What’s the internal marketing associated with it? How you judge success?

Increasing Value

To validate the value of a product, service, or feature, we don’t just need to test ideas. We also have to test how the idea is delivered, the information that is given, and how we monetize its use.

As Business Analysts, we’re a lynchpin between what can happen and who uses it. We have to start influencing the groups in the middle that deliver elements of the product to help them see the fact that their scale and repeat model is in need of an adjustment or needs to be replaced by something else.

By serving as internal management consultants, we can work to understand the changes in the business model and educate people on potential failures and view the business model together to enhance the product value.

One of the failures could be how we support someone when they have a problem or not delivering the service appropriately. Perhaps it’s the wrong platform. Perhaps there’s an external impact based on use that we have to incorporate because all of our customers are using a different software system and they have different experiences.

Understanding how business models change due to a digital transformation is critically important. Looking at options associated with the business model may help you to see different options. Perhaps you can license the product. You can sell the software, sell the data, or provide information online.

Understanding the concept of how a digital transformation starts to impact some of these production environments that we’ve been working on for quite some time is a good educational step to start getting yourself a better understanding of what may occur and then also being able to truly understand the market.

Listen to the full episode to get more advice and insights on using business models to bring more value to your organization and your customers.

HOMEWORK
Review some case studies about different types of business models and take time out to thing about your business models and how you can apply what you’ve learned.
David Mantica

David Mantica

David Mantica believes leaders should be servants to their organizations and people. He is the Vice President and General Manager at SoftEd, a consultancy that offers advisory and education services to help organizations discover new ways of working for better business outcomes. David is a frequent speaker on Project Management, Business Analysis, and leadership.

Thank you for listening to the program

To get more valuable content to enhance your skills and advance your career, you can subscribe on iTunes and other podcatchers.

Also, reviews on iTunes are highly appreciated! I read each review and it helps keep me motivated to continue to bring you valuable content each week.

Recent Episodes:

The post MBA225: The Value of Business Models appeared first on Mastering Business Analysis.

…   continue reading

276 episoder

#Careers #Business #CBAP #CSM | Certified Business Analysis Professional | Agile Coach #Dave Saboe #Podcasting Education #Business Analyst
Artwork

MBA225: The Value of Business Models

Mastering Business Analysis

41 subscribers

published

Afspil Afspiller
iconDel
 
MP3•Episode hjem
Manage episode 301733375 series 2557282
Indhold leveret af Dave Saboe, CBAP, PMP, CSM | Certified Business Analysis Professional | Agile Coach, Dave Saboe, CBAP, PMP, and CSM | Certified Business Analysis Professional | Agile Coach. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Dave Saboe, CBAP, PMP, CSM | Certified Business Analysis Professional | Agile Coach, Dave Saboe, CBAP, PMP, and CSM | Certified Business Analysis Professional | Agile Coach eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

David Mantica helps us understand business models and helps us understand how to find new opportunities to create greater value.

Show Notes

Creating product requirements and delivering features is one thing. Understanding the business context and business models associated with your product and identifying different avenues to drive value is quite another.

Understanding your business model can help drive value for your organization and increase the value that you contribute as a Business Analyst, Product Owner, or Project Manager.

A business model incorporates how you package a product, how you sell it, how you market it, how you deliver it, and how you get paid for it. The packaging refers to the offer itself, not the box it comes in.

Your business model gives you insight into how you extract money or time from somebody for the product and understand the expense necessary that actually deliver it and the margins associated with it. You then tie in how you fit in the value chain of your organization and where you fit from a competitive standpoint.

Business Models for Internal Products

The first thing we have to remember with internal products is that revenue is considered with use and adoption of the product. Instead of revenue being much somebody paid for something, your internal customers pay for what you build based on their time; if they’re using it more, they’re paying a lot of money for it. Once you understand the use, you could tie value back to productivity.

We need to consider that there are different ways that you can deliver; all the different ways you can sell, all the different ways that you could generate revenue, ways that people engage with your product are different. You can commoditize the same solution but within two different business models and get two totally different results. You can understand the business model from an internal perspective by digging into how you deliver something.

How do you package that delivery? What’s the value proposition? What’s the internal marketing associated with it? How you judge success?

Increasing Value

To validate the value of a product, service, or feature, we don’t just need to test ideas. We also have to test how the idea is delivered, the information that is given, and how we monetize its use.

As Business Analysts, we’re a lynchpin between what can happen and who uses it. We have to start influencing the groups in the middle that deliver elements of the product to help them see the fact that their scale and repeat model is in need of an adjustment or needs to be replaced by something else.

By serving as internal management consultants, we can work to understand the changes in the business model and educate people on potential failures and view the business model together to enhance the product value.

One of the failures could be how we support someone when they have a problem or not delivering the service appropriately. Perhaps it’s the wrong platform. Perhaps there’s an external impact based on use that we have to incorporate because all of our customers are using a different software system and they have different experiences.

Understanding how business models change due to a digital transformation is critically important. Looking at options associated with the business model may help you to see different options. Perhaps you can license the product. You can sell the software, sell the data, or provide information online.

Understanding the concept of how a digital transformation starts to impact some of these production environments that we’ve been working on for quite some time is a good educational step to start getting yourself a better understanding of what may occur and then also being able to truly understand the market.

Listen to the full episode to get more advice and insights on using business models to bring more value to your organization and your customers.

HOMEWORK
Review some case studies about different types of business models and take time out to thing about your business models and how you can apply what you’ve learned.
David Mantica

David Mantica

David Mantica believes leaders should be servants to their organizations and people. He is the Vice President and General Manager at SoftEd, a consultancy that offers advisory and education services to help organizations discover new ways of working for better business outcomes. David is a frequent speaker on Project Management, Business Analysis, and leadership.

Thank you for listening to the program

To get more valuable content to enhance your skills and advance your career, you can subscribe on iTunes and other podcatchers.

Also, reviews on iTunes are highly appreciated! I read each review and it helps keep me motivated to continue to bring you valuable content each week.

Recent Episodes:

The post MBA225: The Value of Business Models appeared first on Mastering Business Analysis.

…   continue reading

276 episoder

#Careers #Business #CBAP #CSM | Certified Business Analysis Professional | Agile Coach #Dave Saboe #Podcasting Education #Business Analyst

Alle episoder

×
 
Loading …

Velkommen til Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Minder om Mastering Business Analysis

Lyt til 500+ emner
Player FM - Podcast-app
Gå offline med appen Player FM !
Get it on App Store Get it on Google Play

Hurtig referencevejledning

Top podcasts
Mediano 2
1tap
Mediano Sport & Perspektiv
Iværksætterhistorier
Wulffmorgenthaler Podcast
Comedy-kontoret
Filmnørdens Hjørne
Dårligdommerne
Markedspladsen - ugens vigtigste nyheder fra dansk og international økonomi
TechTopia
Giæver og gjengen
Radio Information
Tanketid
24 spørgsmål til professoren
Hjernekassen på P1
Yummi Yummi
Genstart
Mørkeland
Speditørens død - Mysteriet om Morten Nielsen
Det perfekte offer II
Player FM logo
Hjælp/FAQ | Opgrader | Annoncer
Kunstarter|Business|Komedie|Økonomi|Underholdning|Nyheder|Politik|Religion
Videnskab|Fodbold|Sport|Historiefortælling|Teknologi|True Crime
Copyright 2024 | Sitemap | Fortrolighedspolitik | Servicevilkår | | ophavsret
Episode being played series thumbnail
icon icon
Hastighed
Serieindstillinger
1x
1x
Volume
100%
icon
icon icon
/

Se Player FM i ...
Player FM
Browser
Chrome
Safari
Firefox