If you have to make a transition into something uncertain, wouldn’t it be great when you can prototype scenarios and assess desired impact? VDMbee Value Management methodology is a great enabler to support you. VDMbee has contributed to and leveraged the Value Delivery Modelling Language (VDML) of the Object Management Group (OMG.org).
With the VDMbee Value Management Platform, that supports the VDML1.0 and SMM1.1 specifications, you describe your Business Models in the common Value Management language and share your scenarios across your team(s).
With the VDMbee Value Management methodology you create a clear view on the development of your business. This view can be shared with all stakeholders to get a tangible vision. Everybody can look to the same dynamic photo of the business.
Our methodology gives you:
VDMbee invented the VDMbee Value Management methodology for “Continuous Business Model Planning”. In a business world where everything changes continuously, it is very hard to make a plan that will last for the next three years. The only thing constant during that period is that everything will change. When your business needs a validity check on its existing Business Models and you are considering options for future direction, VDMbee provides you a methodology to help you navigating your Business, Business Models and Business Model dimensions.
We see this as a continuum, an ongoing effort. To manage this effectively, it is good to distinguish multiple phases: “Discover”, “Prototype” and “Adopt”.
We partner with our clients to understand the context for innovation and together we develop a strategy that directs and links its activities to that perspective. This means we work with all stakeholders, to identify the What/Why/How, Value Network and the ideas for innovation. All with the objective to accomplish our differentiation goals.
For Continuous Business Model Planning, it’s very important to have a clear scope, set of objectives/ goals and a strategy of the plan you want to create.
Designing is about making the structure of the Business Model explicit. The following dimensions are used to make the design of the Business Model:
Value Management is a means to make things explicit and measure positive or negative progress. Some values you will find as overarching for your plan. Other values are more linked to the operations of your activities and are more internal to a Business Model. Important aspects to be considered:
Scenario planning and business prototyping are very important for a better decision process in a later stage. Also think about worst-case and best-case scenarios, or fallback scenarios. All of this to manage the risks by making them explicit. So everyone will have the same photo of a possible future situation.
When prototyping is over, after hard work and heads down, it’s now time to turn the prototyped business into a tangible plan for all stakeholders. It needs to be presented in a format that your stakeholders can understand and digest. The Value Management Platform now contains all the artifacts of the plan, its phases, scenarios and value creation and capturing structures. With this you can perform what-if scenarios, compare scenarios etc. All with the objective to take decision about what path you take into the future. Mining the Value Management Platform and structure the information right is a key job of your Value Management Platform professionals.
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Create a clear view on the development of your Business