Skip to main content

Towards a Strategy-Oriented Value Modeling Language: Identifying Strategic Elements of the VDML Meta-model

  • Conference paper
Conceptual Modeling (ER 2013)

Part of the book series: Lecture Notes in Computer Science ((LNISA,volume 8217))

Included in the following conference series:

  • 2190 Accesses

Abstract

The concept of value is increasingly important in organizations. This has led to the creation of value models that capture internal value creation and the external exchange of value between the company and its value network. To facilitate strategic alignment, the meta-model specification of value modeling languages should both fully reflect the strategic choices of a company and define ‘what’ a company must do to realize value creation. In this paper, the Value Delivery Modeling Language (VDML) meta-model elements are assessed by applying these two requirements. The resulting strategy-oriented VDML meta-model perspective is obtained by applying the Design Science methodology, which also includes the use of a case example to demonstrate its utility.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Similar content being viewed by others

References

  1. Pijpers, V., de Leenheer, P., Gordijn, J., Akkermans, H.: Using Conceptual Models to Explore Business-ICT Alignment in Networked Value Constellations. Requirements Engineering 17(3), 203–226 (2012)

    Article  Google Scholar 

  2. OMG: Value Delivery Modeling Language (VDML), bmi/2012-11-06 (2012)

    Google Scholar 

  3. Gordijn, J., Petit, M., Wieringa, R.: Understanding Business Strategies of Networked Value Constellations Using Goal- and Value Modeling. In: 14th IEEE International Requirements Engineering Conference, RE 2006, Minneapolis/st Paul, Minnesota, pp. 129–138 (2006)

    Google Scholar 

  4. Andersson, B., Johannesson, P., Zdravkovic, J.: Aligning Goals and Services through Goal and Business Modelling. Information Systems and E-Business Management 7(2), 143–169 (2009)

    Article  Google Scholar 

  5. Zlatev, Z., Wombacher, A.: Consistency between E3value Models and Activity Diagrams in a Multi-Perspective Development Method. In: Meersman, R., Tari, Z. (eds.) OTM 2005. LNCS, vol. 3760, pp. 520–538. Springer, Heidelberg (2005)

    Chapter  Google Scholar 

  6. Edirisuriya, A., Johannesson, P.: On the Alignment of Business Models and Process Models. In: Ardagna, D., Mecella, M., Yang, J. (eds.) BPM 2008 Workshops. LNBIP, vol. 17, pp. 68–79. Springer, Heidelberg (2009)

    Google Scholar 

  7. Andersson, B., Bergholtz, M., Grégoire, B., Johannesson, P., Schmitt, M., Zdravkovic, J.: From Business to Process Models – a Chaining Methodology. In: Pigneur, Y., Woo, C. (eds.) Proceedings of the CAISE*06 Workshop on Business/IT Alignment and Interoperability (BUSITAL 2006). CEUR-WS, vol. 237, pp. 1–8 (2006)

    Google Scholar 

  8. Gordijn, J., Yu, E., van der Raadt, B.: E-Service Design Using I* and E3value Modeling. IEEE Software 23(3), 26–33 (2006)

    Article  Google Scholar 

  9. Weigand, H., Johannesson, P., Andersson, B., Bergholtz, M., Edirisuriya, A., Ilayperuma, T.: On the Notion of Value Object. In: Dubois, E., Pohl, K. (eds.) CAiSE 2006. LNCS, vol. 4001, pp. 321–335. Springer, Heidelberg (2006)

    Chapter  Google Scholar 

  10. Roelens, B., Poels, G.: Towards an Integrative Component Framework for Business Models: Identifying the Common Elements between the Current Business Model Views. In: Deneckère, R., Proper, H. (eds.) CAiSE 2013 Forum at the 25th International Conference on Advanced Information Systems Engineering. CEUR-WS, vol. 998, pp. 114–121 (2013)

    Google Scholar 

  11. Osterwalder, A., Pigneur, Y., Tucci, C.: Business Model Generation: A Handbook for Visionaries. In: Game Changers, and Challengers, John Wiley and Sons Inc., Hoboken (2010)

    Google Scholar 

  12. Geerts, G., McCarthy, W.: An Ontological Analysis of the Economic Primitives of the Extended-REA Enterprise Information Architecture. International Journal of Accounting Information Systems 3, 1–16 (2002)

    Article  Google Scholar 

  13. Dunn, C., Cherrington, J., Hollander, A.: Enterprise Information Systems: A Pattern-Based Approach. McGraw-Hill Irwin, Boston (2005)

    Google Scholar 

  14. Allee, V.: Value Network Analysis and Value Conversion of Tangible and Intangible Assets. Journal of Intellectual Capital 9(1), 5–24 (2008)

    Article  Google Scholar 

  15. Hafeez, K., Zhang, Y., Malak, N.: Determining Key Capabilities of a Firm Using Analytic Hierarchy Process. International Journal of Production Economics 76(1), 39–51 (2002)

    Article  Google Scholar 

  16. Cook, D.: http://msdn.microsoft.com/en-us/library/bb402954.aspx

  17. Gordijn, J., Akkermans, H.: Value Based Requirements Engineering: Exploring Innovative E-Commerce Ideas. Requirements Engineering Journal 8(2), 114–134 (2003)

    Article  Google Scholar 

  18. Peffers, K., Tuunanen, T., Rothenberger, M., Chatterjee, S.: A Design Science Research Methodology for Information Systems Research. Journal of Management Information Systems 24(3), 45–77 (2007)

    Article  Google Scholar 

  19. OMG: VDML Healthcare Use Case, bmi/2012-11-11 (2012)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2013 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Roelens, B., Poels, G. (2013). Towards a Strategy-Oriented Value Modeling Language: Identifying Strategic Elements of the VDML Meta-model. In: Ng, W., Storey, V.C., Trujillo, J.C. (eds) Conceptual Modeling. ER 2013. Lecture Notes in Computer Science, vol 8217. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-41924-9_38

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-41924-9_38

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-41923-2

  • Online ISBN: 978-3-642-41924-9

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics