Domino's Pizza: Business Model Disruption & Innovation Analysis

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This essay analyzes Domino's Pizza's business model in the context of innovation and disruption, focusing on the impact of smart connected products. It examines the concept of business models, tracing its origin to Michael Lewis's prediction about internet-connected companies. The essay further explores business model disruption through innovative production and the use of new technologies to gain a sustained competitive advantage, particularly highlighting the role of Additive Manufacturing. It uses Osterwalder and Pigneur's (2010) framework to analyze Domino's Pizza's business model from different perspectives, including its value proposition and profit formula, considering both the threats and opportunities arising from advancements in smart connected products.
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Innovation and Sustainable
Business Development
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BUSINESS MODEL AND DISRUPTION
Business model- The term business model
was first coined by a financial journalist
named Michael Lewis. He predicted that
the companies in future will be based on
the business models that will be connected
to the internet (Slavik & Bednár, 2014.
Business model disruption- Innovative
production and the production systems are
based on the new technologies that help in
competition to gain the sustained
differentiation. Technological
advancements have resulted in the
companies to establish their business. This
has also resulted in the emergence of
threats to the established business as well.
specifically, this is valid for a certain type
of disruptive technology like the Additive
Manufacturing (Amshoff et al., 2015).
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Analysis of threats and opportunities Domino’s Pizza restaurants caused
by the advancement of the smart connected products
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Business model framework by Osterwalder and Pigneur (2010)
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Business model perspectives
Business models as the value
proposition
Business models as a profit
formula
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REFERENCE
Amshoff, B., Dülme, C., Echterfeld, J., & Gausemeier, J. (2015). Business model patterns for disruptive technologies. International Journal of Innovation
Management, 19(03), 1540002.
dominos. (2018). dominos. Retrieved 17 April 2018, from
https://www.dominos.co.in/hot-pizza-30-minutes-delivery-guarantee-at-dominos-get-pizza-hot
Dominos.com.au. (2018a). Domino's Pizza | Order Pizza Delivery Online | Food Delivery & Takeaway. Dominos.com.au. Retrieved 17 April 2018, from
https://www.dominos.com.au/
Dominos.com.au. (2018b). Domino's Corporate - Domino's Pizza. Dominos.com.au. Retrieved 17 April 2018, from
https://www.dominos.com.au/inside-dominos/corporate
Dominosfranchise.com.au. (2018). Domino's Franchise Australia - FAQ. Dominosfranchise.com.au. Retrieved 17 April 2018, from
https://www.dominosfranchise.com.au/frequently-asked-questions
Financial Review. (2018). Domino's Pizza system profits under spotlight. Financial Review. Retrieved 17 April 2018, from
http://www.afr.com/business/retail/dominos-pizza-franchise-system-under-spotlight-20160707-gq0jxa
Harvard Business Review. (2018a). What Is a Business Model?. Harvard Business Review. Retrieved 17 April 2018, from https://hbr.org/2015/01/what-
is-a-business-model
Harvard Business Review. (2018b). How Smart, Connected Products Are Transforming Competition. Harvard Business Review. Retrieved 17 April 2018,
from https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition
Internet Of Things. (2018). Internet of Things Advantages and Disadvantages - Internet Of Things. Internet Of Things. Retrieved 17 April 2018, from
https://internetofthings.net/internet-of-things-advantages-disadvantages/
IoT Agenda. (2018). Domino's Pizza IoT deployment delivers temp monitoring, food safety. IoT Agenda. Retrieved 17 April 2018, from
https://internetofthingsagenda.techtarget.com/feature/Dominos-Pizza-IoT-deployment-delivers-temp-monitoring-food-safety
Osterwalder, A., & Pigneur, Y. (2010). Business model generation: a handbook for visionaries, game changers, and challengers. John Wiley & Sons.
Planet Retail. (2018). DOMINO’S PIZZA monitors temperature with IoT tech. Planet Retail. Retrieved 17 April 2018, from
https://www.planetretail.net/NewsAndInsight/Article/158763
Slavik, S., & Bednár, R. (2014). Analysis of business models. Journal of competitiveness, 6(4).
VoIP-Info. (2018). Welcome to the VOIP Wiki - a reference guide to all things VOIP. - VoIP-Info. VoIP-Info. Retrieved 17 April 2018, from https://www.voip-
info.org/
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