Abstract
Intuitively, business cases and business models are closely connected. However, a thorough literature review revealed no research on the combination of them. Besides that, little is written on the evaluation of business models at all. This makes it difficult to compare different business model alternatives and choose the best one. In this article, we develop a business case method to objectively compare business models. It is an eight-step method, starting with business drivers and ending with an implementation plan. We demonstrate the method with a case study for innovations at housing associations. The designed business case method can be used to compare and select the best business model successfully. In doing so, the business case method increases the quality of the decision making process when choosing from possible business models.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Chesbrough, H.: Business model innovation: It’s not just about technology anymore. Strategy & Leadership 35(6), 12–17 (2007)
Developing a business case: Expert solutions to oeveryday challenges. Harvard Business Review Press, Boston (2010)
Meertens, L.O., Iacob, M.-E., Nieuwenhuis, L(B.) J.M.: A Method for Business Model Development. In: Shishkov, B. (ed.) BMSD 2011. LNBIP, vol. 109, pp. 113–129. Springer, Heidelberg (2012)
Peffers, K., Tuunanen, T., Rothenberger, M.A., Chatterjee, S.: A Design Science Research Methodology for Information Systems Research. Journal of Management Information Systems 24(3), 45–77 (2007)
Wolfswinkel, J.F., Furtmueller, E., Wilderom, C.P.M.: Using grounded theory as a method for rigorously reviewing literature. Eur. J. Inf. Syst. 22(1), 45–55 (2013)
Ward, J.: Building better business cases for IT investments. The Open University (2007)
Remenyi, D.: Stop IT project failures. Routledge (1999)
Van Ittersum, K., Pennings, J.M.E., Wansink, B., Van Trijp, H.C.M.: A multidimensional approach to measuring attribute importance. Advances in Consumer Research 31, 86–87 (2004)
Centraal Fonds Volkshuisvesting, “Corporatie in Perspectief,” Baarn, The Netherlands (2012)
Casadesus-Masanell, R., Ricart, J.E.: From Strategy to Business Models and onto Tactics. Long Range Planning 43(2-3), 195–215 (2010)
Tah, J.H.M., Carr, V.: A proposal for construction project risk assessment using fuzzy logic. Construction Management and Economics 18(4), 491–500
Kanji, G.K.: Implementation and pitfalls of total quality management. Total Quality Management 7(3), 331–343 (1996)
Doz, Y.L., Kosonen, M.: Embedding Strategic Agility: A Leadership Agenda for Accelerating Business Model Renewal. Long Range Planning 43(2-3), 370–382 (2010)
Shafer, S.M., Smith, H.J., Linder, J.C.: The power of business models. Business Horizons 48(3), 199–207 (2005)
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2014 Springer International Publishing Switzerland
About this paper
Cite this paper
Meertens, L.O., Starreveld, E., Iacob, ME., Nieuwenhuis, B. (2014). Creating a Business Case from a Business Model. In: Shishkov, B. (eds) Business Modeling and Software Design. BMSD 2013. Lecture Notes in Business Information Processing, vol 173. Springer, Cham. https://doi.org/10.1007/978-3-319-06671-4_3
Download citation
DOI: https://doi.org/10.1007/978-3-319-06671-4_3
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-06670-7
Online ISBN: 978-3-319-06671-4
eBook Packages: Computer ScienceComputer Science (R0)