Business Model Analysis: Strategic Planning and Technology Use

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Added on  2021/04/17

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This report delves into the significance of business models, strategic planning, and the integration of technology in modern business practices. It begins by defining a business model and its role in expanding a business, identifying opportunities, and mitigating risks. The report explores the value proposition, system of processes, profit formulas, and resources involved in business models, and how they relate to business disruption. It uses Domino's as a case study to illustrate how businesses can leverage technology and strategic planning. The analysis covers the benefits of business models in risk management, strategy implementation, and market competitiveness. Furthermore, the report discusses the concept of disruption, its innovative nature, and its impact on business success, emphasizing the importance of a risk-free management system through the adoption of a business model. The report concludes by highlighting the importance of disruption and business models for businesses aiming for innovation and market success.
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SUSTAINABLE MANAGEMENT WITH STRATEGIC USE OF
TECHNOLOGY AND MODERNIZATION
Use of Business model, strategic planning and disruption for creating a
position of the business in the market.
The importance of technology advancement and its side affects.
The role of strategic management in business culture.
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INTRODUCTION:
The study will discuss about the importance of business model
How it helps to expand the business and find better scope for the
business culture.
The opportunity and threat from smart technology involvement
Business model perspective in value proposition, system of processes,
profit formula and resources and capability
Inter- relation between business model and disruption
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WHAT IS BUSINESS MODEL??
The business model is a pre-planned structure of the business that helps
the business to expand and explore in the market before the real plan is
executed. It is done to understand the risk and drawback of the plans and
find better opportunities to meet them.
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PLACES OF IDENTIFICATION IN A
BUSINESS MODEL IN DOMINOS:
Internal
Resources of the organization
Recognising the flaws in the micro
economy
Identifying the better production
methods
Key activity
Value proposition
Revenue structure
External
Partnership
Marketing management
Customer relationship
Channels
Cost structure
Technology used
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SIGNIFICANCE OF DISRUPTION
USING BUSINESS MODEL:
The freemium model
The free model
The market place model
Subscription model
The access-over-ownership model
The hypermarket model
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DOMINOS DISRUPTED THE DELIVERY GAME AND WON THE
MARKET
They focused on their consumers demand and also rewarded them
They embrace the strength of society and make decision as per their
requirement
They maintain transparency
They improved their present design and experiences based on their
consumer needs and demand.
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BUSINESS MODEL:
The business models help the business in the following ways:
To reduce the chances of risk
Better understanding of the business strategies
Implementing new strategies that are innovative in nature
Rectify the flaws in the new plans
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BUSINESS MODEL USED BY THE
BRAND:
Identifies the area where they perform well
Identifies the core strength of the business
Identifies the essential factors of their business
Determines how they compete in s highly competitive market of fast food
chain.
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SIGNIFICANCE OF BUSINESS MODEL USED BY
DOMINOS TO FIND THE FUTURE OF THE
BUSINESS
The business can implement new
strategies without the fear of failure
The targets of the business is met
without any interruption
The business expansion is risk free
and smooth
The market competition is met
efficiently
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SIGNIFICANCE OF DISRUPTION
BY APPLYING BUSINESS MODEL
What is disruption??
It is the process of identifying the situation where the business
model becomes obsolete on the basis of innovation. It is the
innovative strategy that a business starts from its root level.
It is the creative thought that ha s no past relevance and link. It is
completely new and innovative in the society.
It is highly unique and different in nature and thus may or may not
have a satisfying approach from the customers side.
However, this focuses on the customer well-fare and has high
chances of flourishes in the market, once it creates its image.
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HOW WILL THE BUSINESS MODEL HELPS
DOMINOS IN RESOURCES AND CAPABILITIES:
It creates a better understanding of the resource
utilization.
Helps to analyse the threats and weakness
Identify the organizational opportunities
Helps to create a frame work depending on the
resources
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HOW DOES BUSINESS MODEL HELPS
DOMINOS IN SYSTEM OF PROCESS
Proper working of the
technology
Utilization of technical
resources
Use of technology helps the
business to outstand the competitors.
Analyse the information and make
required changes.
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