Skip to main content
Top

2024 | OriginalPaper | Chapter

10. The Effort Model Can Be the Top Model in Your Life

What Does It Entail?

Author : Raphael H Cohen

Published in: Pre-Project Excellence

Publisher: Springer Nature Switzerland

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

This chapter focuses on the effort required to deliver the customer experience. The effort is defined by the Scope of the project, the required Activity Chain and the Resource model. The Activity Chain describes all the activities that are necessary to successfully implement the project and obtain the desired results. A suitable Activity Chain requires good mastery of the Industry Key Activity Ingredients and the principles of success in choosing a successful business model. This chapter emphasizes the importance of sustainable profitability, a compelling proposition to the target market, real and easily communicable Benefits, and the need for competitive advantages. The chapter also highlights the significance of making strategic trade-offs, aligning objectives with available resources, and the role of the Resource model in generating resources to satisfy Stakeholders’ Aspirations.
Since ISO 56007 focuses on project selection criteria and resource investment compatibility, the content of this chapter can be used to implement ISO 56007 by providing insights into the Effort model and analyzing possible options for generating resources to satisfy Stakeholders’ Aspirations.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Footnotes
1
Chap. 6.
 
2
Chaps. 7 to 9.
 
3
Timmers, P. (1998). Business models for electronic markets. Electronic Markets, 8(2), 3-8.
 
4
Business Model Generation, Alexandre Osterwalder, Yves Pigneur, 2009, ISBN 978-8399-0580-0.
 
5
See Chap. 13.
 
6
See Chap. 13.
 
7
Having only one model of airplane reduces the operating costs for inventory of spare parts, pilot training, etc.
 
8
Business Model Generation, Alexandre Osterwalder, Yves Pigneur, 2009, ISBN 978-8399-0580-0.
 
9
In this book, I will primarily use the expression ‘Resource model’, with the understanding that it should not be confused with the concept of business model that encompasses more components than the Resource model.
 
10
I recommend “Business Model Generation” by Alexandre Osterwalder and Yves Pigneur. The explanations and many examples it contains are an excellent source of inspiration that can help any entrepreneur or intrapreneur-to-be to explore his or her options.
 
Metadata
Title
The Effort Model Can Be the Top Model in Your Life
Author
Raphael H Cohen
Copyright Year
2024
DOI
https://doi.org/10.1007/978-3-031-61774-4_10

Premium Partner