by Robert Muthuri

Research paper: Integrating Value Modeling and Legal Risk Management


  • Robert Muthuri
  • Emilio Sulis
  • Ilaria Angela Amantea
  • Sara Capecchi
  • Guido Boella

Companies need to be able to demonstrate compliance with rules and regulations, especially start-ups who typically do not have the legal expertise to identify, assess and address legal risks of initial business ideas, nor do they have the resources to hire such expertise.
Tools could help them identify and deal with legal risk at an early stage. Existing research in BPM focuses on compliance verification of a consolidated business model by checking the ability of a company to comply with the standards. The challenge is to apply a ‘continuous improvement’ by steering the business on values. Moreover, legal choices typically sit at the strategic level, and not only at the operational level.

In this paper, we therefore propose an approach to handle legal risks as part of business model development. The approach makes use of Continuous Business Model Planning method and legal argumentation. CBMP is a value-driven modeling approach for strategic planning whose semantics is based on the Value Delivery Modeling Language (VDML) that has been proposed as a standard business modeling specification by the Object Management Group (OMG).

Furthermore, the use of CBMP is fully supported by the Value Management Platform from VDMbee (VMP), a tool that provides visual interfaces to support different kinds of business canvas/map templates and storytelling/mapping techniques. The suitability and potential usefulness of the approach is illustrated by a study of the Kenyan court case Lipisha & BitPesa vs. Safaricom.

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Emilio Sulis
Sara Capecchi
Ilaria Angela Amantea
Guido Boella