Business models also have another connotation derived from econometric models. It's often assumed models include anything that can add a row or column to a spreadsheet and exclude anything that cannot. Business models signify "quantitative models" to most. Having been an architect, I view quantities as something assessed after traffic patterns, sight lines, daylight cycles, spatial arrangements, user needs and much more. I've been very accustomed to modeling qualitative dimensions of projects.
Thus the term "business model" means something different to me that has become increasing complex in the past few years with so many excellent books adding new dimensions to the design of business models. I believe business models should answer divergent questions of individual experiences like the following:
- How has the customer experience been modeled to see the enterprise through the eyes of the beholder and frames of reference of the end user?
- How has the experience of employees been modeled to understand how frustration levels could build up and then get released as hysterics, conflicts or quitting?
- How has the experience the customers have of employees been modeled as energizing virtuous cycles or depleting vicious cycles?
- How has the experience of leadership been modeled to realize where leaders appear weak, ineffectual or out of touch with changing circumstances?
Thanks for the appreciation!
ReplyDelete