The Business Model: What Is Value?

I wrote previously that a business model is the concept by which a business creates and distributes value to customers and then ensures it captures the rewards for that value. Value itself is the quality, feature or utility which is added to a product offering to persuade customers to pay a premium for that product. That is, it is that which separates a commodity from a product.

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SIU Journal of Management Vol.1, No.1 Published

The first issue of the SIU Journal of Management has been published. Download the full copy here.

CONTENTS
Volume 1, Number 1, June, 2011.

Editor’s Introduction                            4
INVITED ARTICLE
China: The Elephant in Every Room  8
David McHardy Reid
 
RESEARCH ARTICLES
1. Study of Cross-Border Trading of Myanmar and Thailand: Reviewing the Unseen Importance of Maw Danung and Dan Singkorn Checkpoints   41
Sittichai Anantarangsi            
2. Employees’ Perceptions about the Effectiveness of Performance Appraisals: The Case of Pakistan   58
Muhammad Kashif Saeed and Nosheen Shahbaz   
3. The Impact of Theravada Buddhist Values on Work Practices in Southeast Asia    76
Scott A. Hipsher          

CONFERENCE REPORT
ICBM 2011   102
Mark Neal  
 
Invited Conference Paper: Strictly in Confidence: Thai Economic Virility, Internal Angst and the Market: Problems, Perceptions, Prognoses   105
Frank Faulkner 
  
BOOK REVIEWS
1. The River of Life: Changing Ecosystems of the Mekong Region by Yos Santasombat   125
John Walsh 
2. An Economic History of Cambodia in the Twentieth Century by Margaret Slocomb   129
John Walsh
 
CALL FOR PAPERS                            132
AUTHOR’S GUIDELINES                                      134
ABOUT SHINAWATRA UNIVERSITY                              136
EDITORIAL ADVISORY BOARD                                 139

The Business Model: Introduction


A business model is the means by which a company establishes its stream of revenue from customers. It may take many forms, from the very simple to the very complex. In management discourse, the business model is considered to be the means by which organizations create, distribute and capture value.

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Poetry of Blake: The New Jerusalem

Blake’s poem The New Jerusalem has become one of his most popular works, in large part because of the stirring music put to it by Sir Hubert Parry. It rings out on so many occasions, from church services to the entrance of the England cricket team. Indeed, the poem seems to have become inextricably linked with the nature of English-ness.

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Review of Erikson’s The Crippled God

As I have been reading the last few episodes of the monumental ten-volume (and large volumes at that) Tales of the Malazan Book of the Fallen, of which The Crippled God is the last, I have reflected more than once how enjoyable it would be if I had time to sit down and read all of them from beginning to end at whatever pace I chose. There are nearly ten thousand pages of this epic and, I imagine, something like four or five million words all in all.

Read the full review here.

Solving America’s Economic Woes at a Stroke

There is little doubt that, looking at America from the outside, the country faces a number of significant problems. There is not much point trying to determine which of these is the most important because it will just lead to irresoluble arguments but the problems include the following: American manufacturing has declined to such an extent that the country now has a massive balance of trade problem; unemployment continues at a very high rate because of lack of a large enough stimulus placed into the economy by the government; political discourse has been completely debased by a group of fanatics who have brought Third World politics (e.g. lies, refusal to accept facts, ad hominem attacks and subversion of the media) into the mainstream.

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Cases on Organizational Technology Advancement and Workplace Change

I have agreed to edit a collection of cases studies with the theme “Cases on Organizational Technology Advancement and Workplace Change” for IGI Global, which is located on Chocolate Avenue in Hershey. Please feel free to contact me if you are interested in submitting a case study for this book.

Shortly I will start to think about how to go about advertising the call for papers and scheduling the work necessary. A couple of them I may write myself and for others I will call upon people I know or can find who are interested in specific issues. However, this kind of collection is always going to involve open calls and then hoping for the best. Let’s see how it goes.