Advertisement

On the Notion of Value Object

  • Hans Weigand
  • Paul Johannesson
  • Birger Andersson
  • Maria Bergholtz
  • Ananda Edirisuriya
  • Tharaka Ilayperuma
Part of the Lecture Notes in Computer Science book series (LNCS, volume 4001)

Abstract

It is increasingly recognized that business models offer an abstraction that is useful not only in the exploration of new business networks but also for the design and redesign of operational business processes. Among others, they can be used as input for a risk analysis that is crucial in cross-organizational business process design. However, the notion of value object is up till now not clearly defined. In this paper we investigate the notion of value, value objects and the activities involved when transferring value objects between business actors. We illustrate the proposed value object model by applying it on the well-known conference case.

Keywords

Business Process Business Model Steering Committee Class Diagram Activity Diagram 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. 1.
    Andersson, B., Bergholtz, M., Edirisuriya, A., Ilayperuma, T., Johannesson, P.: A Declarative Foundation of Process Models. In: Pastor, Ó., Falcão e Cunha, J. (eds.) CAiSE 2005. LNCS, vol. 3520, pp. 233–247. Springer, Heidelberg (2005)CrossRefGoogle Scholar
  2. 2.
    Bergholtz, M., Grégoire, B., Johannesson, P., Schmitt, M., Wohed, P., Zdravkovic, J.: Integrated Methodology for linking business and process models with risk mitigation. In: Proc. REBNITA 2005 (2005)Google Scholar
  3. 3.
    Dietz, J.L.G.: Enterprise Ontology – theory and methodology. Springer, Heidelberg (2005)Google Scholar
  4. 4.
    Gordijn, J., Akkermans, H., van Vliet, H.: Business Modelling Is Not Process Modelling. In: Mayr, H.C., Liddle, S.W., Thalheim, B. (eds.) ER Workshops 2000. LNCS, vol. 1921, pp. 40–51. Springer, Heidelberg (2000)CrossRefGoogle Scholar
  5. 5.
    Gordijn, J., Akkermans, H., van Vliet, H.: Value based requirements creation for electronic commerce applications. In: Proceedings of the 33rd Hawaii International Conference On System Sciences. IEEE, Los Alamitos (2000)Google Scholar
  6. 6.
    Holbrook, M.B.: Consumer Value – A Framework for Analysis and Research. Routledge, New York (1999)CrossRefGoogle Scholar
  7. 7.
    McCarthy, W.E.: The REA Accounting Model: A Generalized Framework for Accounting Systems in a Shared Data Environment. The Accounting Review (1982)Google Scholar
  8. 8.
    Porter, M.: Competitive Advantage. Free Press, New York (1985)Google Scholar
  9. 9.
    Schmitt, M., Grégoire, B.: Risk Mitigation Instruments for Business Models and Process Models. In: Proc. REBNITA 2005 (2005)Google Scholar
  10. 10.
    Weigand, H., De Moor, A.: Workflow Analysis with Communication Norms. Data & Knowledge Engineering 47(3), 349–369 (2003)CrossRefGoogle Scholar
  11. 11.
    Weigand, H., Johannesson, P., Andersson, B., Bergholtz, M., Edirisuriya, A., Ilayperuma, T.: Value Modeling and the transformation from value model to process model. In: Proc. INTEROP-ESA 2006 (fc) (2006)Google Scholar
  12. 12.
    Wieringa, R.J., Gordijn, J.: Value-Oriented Design of Service Coordination Processes: Correctness and Trust. In: 20th ACM Symposium on Applied Computing, pp. 1320–1327. ACM Press, New York (2005)CrossRefGoogle Scholar
  13. 13.
    Yu, E.: Modelling Strategic Relationships for Process Reengineering. PhD thesis, University of Toronto, Department of Computer Science (1995)Google Scholar
  14. 14.
    Business Process Execution Language (BPEL) Resource Guide (accessed, November 2005), http://www.bpelsource.com/
  15. 15.
    Global Investor Glossary (accessed, November 2005), http://www.finance-glossary.com/pages/home.htm

Copyright information

© Springer-Verlag Berlin Heidelberg 2006

Authors and Affiliations

  • Hans Weigand
    • 1
  • Paul Johannesson
    • 2
  • Birger Andersson
    • 2
  • Maria Bergholtz
    • 2
  • Ananda Edirisuriya
    • 2
  • Tharaka Ilayperuma
    • 2
  1. 1.Tilburg UniversityTilburgThe Netherlands
  2. 2.Department of Computer and Systems SciencesRoyal Institute of TechnologySweden

Personalised recommendations