How to design modeling conventions & standards

How do you keep process models consistent across different stakeholders in your organization? Modeling conventions, which are a set of rules defining model content production help you achieve consistency. However, conventions are not set in stone and should be revisited along your modeling journey.

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Napoleon Hill's THINK and GROW RICH Book Summary by 2000 Books

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The Rise of Big Data Business Models In A World of Digital Disruption @ DataWeek 2013

The rise of big data is an exciting — if in some cases scary — development for business. Together with the complementary technology forces of social, mobile, the cloud, and unified communications, big data brings countless new opportunities for learning about customers and their wants and needs. It also brings the potential for disruption, and realignment. Organizations that truly embrace big data can create new opportunities for strategic differentiation in this era of engagement. Those that don’t fully engage, or that misunderstand the opportunities, can lose out. Learn how business model disruption will begin with big data business models and what you can do to disrupt business before you are disrupted.

R “Ray” Wang
Principal Analyst, Founder & Chairman at Constellation Research, Inc.

A highly sought after thought leader focused on enterprise strategy and disruptive technologies, R “Ray” Wang has advised organizations and spoken to audiences around the world. His dynamic presentation style brings life and energy to technology and business topics such as business process transformation, next generation software, SaaS/Cloud solutions, social CRM, analytics, and ERP. He is the author of the popular enterprise software blog “A Software Insider’s Point of View.”

With viewership in the millions of page views a year, his blog provides insight into how disruptive technologies and business models impact the CXO, enterprise apps strategy, and emerging business and technology trends.

Roles as a technology industry analyst, CMO, head of CRM analyst relations, management consultant, product manager, and enterprise software implementer have provided me with solid experiences in enterprise applications program management, product strategy, product management, and marketing. (source Linkedin®)

Constellation Research

“We’re passionate about how business models can be transformed by disruptive technology. Our goal is to help our clients realize the Art of the Possible.

We achieve this by researching the technologies and business models that not only disrupt established players, but also create transformational innovation. We share our research insights with business leaders seeking more than just a rubber stamped approval or rear mirror confirmation by traditional legacy analyst firms. Every piece of research begins by understanding how to deliver business value, applying real world experience and insights, and incorporating disruptive technologies and innovative business models as appropriate. Our mission is to identify, validate, and share these insights with our clients.

As a result, our research community includes board of directors, c-suite executives, line of business leaders, and IT visionaries who are not afraid to challenge the status quo. Most our clients share a common trait – the passion for learning, innovating, and delivering impactful results. We cater to market leaders and fast followers. We help cautious adopters make the transition. We help laggards see the light.”

Media Coverage – BizCloud Media Production


Is Beauty Culture Hurting Us? – Glad You Asked S1

The internet has transformed beauty culture from an exclusive domain of models and magazines to the broad, accessible world of social media. In recent years, research shows that more and more women are saying that they feel beautiful. But at the same time, the vast majority of women say they feel pressure to be beautiful. Glad You Asked hosts Cleo Abram and Joss Fong explore the benefits and costs of today’s beauty culture.

Key Sources:
Fifty Years Ago, Protesters Took on the Miss America Pageant and Electrified the Feminist Movement

The Digital Beauty Counter: How Beauty Marketers can Connect to Consumers Through Youtube, Facebook, and Instagram Video

Beauty Shop Politics, by Tiffany Gill

Beauty Sick, by Renee Engeln

Beauty in a World of Flux

Unsupervised Discovery of Gendered Language through Latent-Variable Modeling

Honesty tops list of traits that people say society values most in men; physical attractiveness top trait for women

The State of Gender Equality for U.S. Adolescents

2018 Cosmetic Surgery Gender Distribution

2017 Cosmetic Plastic Surgery Statistics

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How to Do a Presentation – 5 Steps to a Killer Opener

Dazzle your audience. Discover the secrets to giving a master presentation… techniques most presenters have never even heard of… skills that will get even the toughest audiences to thank you. Start this advanced public speaking course hosted by Jason Teteak today!

If you want to know how to do a presentation you’ve come the right place. Watch public speaking and presentation skills expert Jason Teteak give a presentation modeling exact techniques for how to do an amazing presentation.


Budgeting & Forecasting Using TM1

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IBM Cognos® TM1® is an enterprise planning software platform that can transform your entire planning cycle, from target setting and budgeting to reporting, scorecarding, analysis and forecasting. Available as an on-premise or on-cloud solution, and with extensive mobile capabilities, Cognos TM1 enables you to collaborate on plans, budgets and forecasts. You can analyze data, and create models – including profitability models – to reflect a constantly evolving business environment. In addition, integrated scorecards and strategy management capabilities help you monitor performance metrics and align resources and initiatives with corporate objectives and market events.
•Powerful planning and analysis – Create and analyze sophisticated plans, budgets and forecasts, even those based on large data sets.

• Integrated scorecards and strategy management – Model metrics to measure progress toward objectives and link them dynamically to actions and forecasts.
•Flexible modeling – Develop and deploy even the most complex planning and analysis models using a guided modeling environment.
• Engagement with more users – Engage users from across the organization in high-participation planning and collaborate with remote and distributed users through a range of mobile devices, including the Apple iPad.
•Cloud-based deployment option – Provide all the functionality of the on-premise solution with optional cloud-based deployment–plus enhanced collaboration and mobile capabilities when accessed through the IBM Concert interface.

Watch this webinar to see how TM1 and Performance Modeler allows you to:
•Rapidly adjust plans and resource allocations
•Easily adjust day-to-day operations to meet/exceed targets & quickly respond to changes
• Provide understanding of profitability by line of business
• Define and control cost drivers impacting your budget
• Automatically allocate shared cost center expenses to business lines, accounts and products
• Streamline budgeting and forecasting processes including sandboxing what-if scenarios
•Execute a budget approval workflow based on company organizational structure
• Consolidate financial data across entities and currencies into a single version of the truth


Entrepreneurship Education in IT-Degree Programs: From Requirements to Reality (WMSCI 2019)

“Entrepreneurship Education in IT-Degree Programs: From Requirements to Reality” (General Joint Session at WMSCI 2019)

Professor Christian Greiner
Associate Dean Applied Research, Department of Business Administration, Munich University of Applied Sciences, Germany.


Various scholars contributed extensively to the area of entrepreneurial education. Nevertheless our key findings in assessing successful entrepreneurs is that strategic partnerships are very important in the daily practice of entrepreneurial companies but these partnerships are almost completely ignored in entrepreneurship courses and business models. These courses and models seem to focus on standalone products and services. It appears that the question of partnerships and system thinking is not fully understood and supported by applied research. The authors argue that using a qualitative as well as a quantitative approach helps to verify a potential deficit in entrepreneurial education. In particular, the propositions were piloted in analyzing 86 business plans at bachelors and masters level in courses delivered by the authors. The initial conclusion shows that entrepreneurial education has to shift its own paradigm – from business planning to business modeling including partnerships with established firms. In addition, an empirical qualitative study on sixteen entrepreneurship textbooks in German and English was conducted. Finally, the authors propose an innovative teaching approach that is centered around a structured analysis of campaigns on crowdfunding platforms. Student learning includes cognitive/rational analysis as well as emotional/trust engagement, in particular with the invest/not invest question as the tangible outcome. This concept has been applied in academic teaching for six semesters with more than 150 business and non-business students.