Value Network Model Research Articles

Examining Online Banking Initiatives in Nigeria: A Value Network Approach

AbstractThe central banks of several developing nations have encouraged financial institutions to provide strategic online banking services and products to remain competitive. This is in recognition of the cheaper cost of information and communication technologies (ICT) that support the delivery of such products and services. In this paper, we use a value network theoretical model to examine the electronic banking services and products provided by banks in Nigeria. We visited the websites of banks and identified the different services they provide using Southard and Siau's [24] framework. We also interviewed operations managers of these banks to validate the data collected from the websites. We discuss the implications of our findings using the value network model as a lens, and suggest appropriate strategies that will enable banks provide competitive products and services, and create value for the banks and their customers.

Value network analysis and value conversion of tangible and intangible assets

PurposeThe purpose of this paper is to provide examples and technical details for conducting a value network analysis that addresses the conversion and utilisation of intangible assets.Design/methodology/approachValue network analysis was first developed in 1993 and was adapted in 1997 for intangible asset management. It has been tested in applications from shop floor work groups to business webs and economic regions. It draws from a theory based in living systems, knowledge management, complexity theory, system dynamics, and intangible asset management.FindingsThe paper provides a high level of detail on the analysis method and insights from its practical application across a range of business issues. Tips are provided for how to integrate the methodology with other business analysis approaches.Research limitations/implicationsThe paper does not provide a comparative analysis with other methods because most other value network models are process views, social network analysis or clustering techniques.Practical implicationsSufficient detail is provided so researchers and practitioners will be able to apply the method in their own investigations. Further resources are noted, as well as access points to the global user community and open source tools.Originality/valueThis paper is the first detailed publication of the value network analysis method, which has been acclaimed by experts in intangibles, network analysis, knowledge management, and process analysis. It fills a gap between theory and practice for managers, executives, analysts, and researchers.

BEAM: A framework for business ecosystem analysis and modeling

This paper presents a framework for the modeling and analysis of business model designs involving a network of interconnected business entities. The framework includes an ecosystem-modeling component, a simulation component, and a service-analysis component, and integrates methods from value network modeling, game theory analysis, and multiagent systems. A role-based paradigm is introduced for characterizing ecosystem entities in order to easily allow for the evolution of the ecosystem and duplicated functionality for entities. We show how the framework can be used to provide insight into value distribution among the entities and evaluation of business model performance under different scenarios. The methods are illustrated using a case study of a retail business-to-business service ecosystem.

Supply Management: Value Creation, Coordination and Positioning in Supply Relationships

Value creation in the supply literature commonly builds on the value chain model. This results in a focus on sequential interdependencies, an emphasis on coordination by planning and a restricted view of possible positioning options. This article contributes an original approach to the supply management debate, based on value configuration analysis. Value configuration analysis acknowledges the value chain logic, but finds it constraining in certain business systems, and also includes recognition of the value network model as representing the layered supply relationships typically associated with a mediating presence. Central issues in this article's view of supply management are value logic interaction, coordination of multiple interdependencies and the simultaneous presence of both over-and undercurrent relationships as well as traditionally-recognized up-and down stream dependencies. The complexity thus revealed identifies novel positioning options for firms in supply relationships. These arguments are illustrated with help of a case study and related to previous work on supply chains and networks.