Grundlagen der Wirtschaftsinformatik

Ferstl, Otto K.; Sinz, Elmar J.

doi:10.1524/9783486719178

Cited by 61 publications

(65 citation statements)

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“…building up a structure in the course of group discussions and defer premature formalization of the overall idea space. Ideas can be related in two ways [42]: in synthesis, ideas are related in is-part-of relationships, where a more complex idea consists of several sub-ideas. In generalization, ideas are related in is-a relationship, where a general type of idea is specialized in more concrete ideas [18].…”

Section: Design Principlesmentioning

confidence: 99%

Enhancing Creativity in Groups -- Proposition of an Integrated Framework for Designing Group Creativity Support Systems

Voigt

Bergener

2013

2013 46th Hawaii International Conference on System Sciences

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In organizations, creative work is predominantly approached in groups. They develop new services or products like advertising campaigns or movie scripts. Group creativity support systems (GCSS) can have a positive impact on the creative performance of these groups. However, current literature on GCSS design requires system designers to consider a magnitude of aspects when constructing systems that support the creative group process. In a literature review we identify recurring topics in design recommendations, drawing both on design-oriented and experimental research, and develop an integrated set of design principles. We apply these design principles to generic GCSS components, resulting in an integrated GCSS framework, which provides guidance in system implementation. Future research directions that could complement the field are indicated.

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Section: Design Principlesmentioning

confidence: 99%

Enhancing Creativity in Groups -- Proposition of an Integrated Framework for Designing Group Creativity Support Systems

Voigt

Bergener

2013

2013 46th Hawaii International Conference on System Sciences

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“…Whereas the integrated meta model of the former category already defines some of the consistency constraints a supporting modelling tool should respect, the second category abandons the specification of all consistency constraints to the method engineer. Multi-Perspective Enterprise Modelling (MEMO) (Frank, 1994) and the Semantic Object Model (SOM) (Ferstl and Sinz, 2013) are two modelling methods from the enterprise modelling domain adopting the projective approach, whereas the Orthographic Software Modelling (OSM) approach creates a singleunderlying model (SUM) for a set of loosely coupled meta models (Atkinson et al, 2013) in the software engineering domain.…”

Section: Multi-view Modelling Methodsmentioning

confidence: 99%

“…In the following, an application of MUVIEMOT by means of a case study form the enterprise modelling domain is discussed. For the case study, the Semantic Object Model (SOM) (Ferstl and Sinz, 2013) enterprise modelling method is selected. The SOM method is based on a multi-layer approach, combining the layers enterprise plan, business processes, and the specification of resources.…”

Section: Case Studymentioning

confidence: 99%

Model-Driven Development of Multi-View Modelling Tools: The MUVIEMOT Approach

Karagiannis¹,

Bork²

2014

Proceedings of the 9th International Conference on Software Paradigm Trends

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As the complexity of modern computer and enterprise systems is ever increasing due to emerging technologies and the need to integrate different systems, modelling tools, designed to encourage modellers in creating models according to the complex reality are of rising importance. Multi-view modelling methods (MVMM) can cope with this complexity by providing visualization, decomposition, and specialization functionality. The creation of a model is decomposed into the creation of several views and integrating them in order to derive the whole model of the system. Keeping the multiple views consistent and providing suitable visualization means is vital for applicability and usability of MVMMs. By contrast, when designing such tools, one is forced to adopt conventional software engineering approaches. The paper at hand tries to contribute filling that research gap by introducing a model-driven approach, tailored to the specifics of designing multi-view modelling tools. A prototypical implementation of the approach enables automatic generation of modelling tools for MVMM using the ADOxx meta modelling platform.

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“…Osterwalder and Pigneur [42] state it "describes the rationale of how an organization creates, delivers, and captures value". Ferstl and Sinz [20] argue that it represents the outside view on a business system. It formulates the vision, sets objectives and states the strategy to achieve them.…”

Section: Bmi As a Tool For Digital Transformationmentioning

confidence: 99%

Valuing Investments in Digital Transformation of Business Models

Schneider

Imai

2019

IJROS

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The digital economy represents major challenges for established corporations around the world. To succeed in this rapidly changing environment, it is no longer sufficient to compete by incremental product or process innovation. Achieving sustainable competitive advantage requires managers to exploit the disruptive potential of emerging technologies to transform business models, value chains or entire markets. We define Digital Transformation of Business Models (DTBM) as a radical Business Model Innovation (BMI) driven by digital technology. It is a necessary tool to adapt established businesses to the paradigmatic shifts induced by the digital economy. In this context, managers are facing the challenging task of identifying and making the right investment decisions. Standard project valuation models such as Discounted Cash Flow (DCF) methods do not suffice in coping with the uncertainty surrounding the strategic nature of DTBM projects. Many scholars postulate Real Option Analysis (ROA) to be applied as a sophisticated alternative for investment decision-making under uncertainty. However, existing research tells us little about how to apply ROA to BMI or DTBM. In this paper, we present a first generic approach to applying ROA to value investments in DTBM. We include two types of managerial flexibility by a analyzing a compound learning option and a Bermudan-style option to expand from a pilot project into a large-scale DTBM. We consider four sources of uncertainty and show that the value of managerial flexibility is particularly high in DTBM projects, leading to potential shifts investment decisions. This paper is aiming to highlight the importance of this area, apply existing real options models to the DTBM setting and lay the foundations for future research.

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Grundlagen der Wirtschaftsinformatik

Cited by 61 publications

References 0 publications

Enhancing Creativity in Groups -- Proposition of an Integrated Framework for Designing Group Creativity Support Systems

Enhancing Creativity in Groups -- Proposition of an Integrated Framework for Designing Group Creativity Support Systems

Model-Driven Development of Multi-View Modelling Tools: The MUVIEMOT Approach

Valuing Investments in Digital Transformation of Business Models

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