Bìznes Inform (Aug 2018)

Using Business Models as Elements of Business Engineering of Enterprises

  • Iankovyi Oleksandr G. ,
  • Hrinchenko Raisa V.

Journal volume & issue
Vol. 8, no. 487
pp. 70 – 75

Abstract

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The article is aimed at researching the theoretical approaches to formation of business models of enterprises, their main components, methods, directions together with their influence on the possibilities of adaptation of enterprises as the main elements of business engineering of enterprises. Modern theoretical approaches to definition of the concepts of «business engineering» and «reengineering» are analyzed. A definition of «business engineering» is proposed. The modern approaches to formation of business models of activity of enterprises are traced. The existing business models are distributed according to the level of their theoretical and empirical substantiation. It has been found that the combination of several approaches to the formation of business models gives enterprises the opportunity to form a truly effective business model of their activities. The use of theoretically based business models provides an opportunity to select components for the enterprise’s functioning and build an empirically substantiated business model upon their basis. Such an approach represents the opportunities for the enterprise to approach the formation of the business-engineering system in a comprehensive way, using the global theoretical achievements in this sphere, and to take into consideration its own practical differences.

Keywords