Defining Key Performance Indicators for Business Models: Design Principles for a Method and Tool Support

Montijn van de Ven, Paola Lara Machado, Dominik Augenstein, Alexia Athanasopoulou, B. Aysolmaz, Oktay Türetken

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

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Abstract

Key Performance Indicators (KPIs) play an important role in guiding the management of business models throughout their lifecycle. However, existing research lacks practical methods to guide the definition of KPIs for business models. Without proper guidance, there may be a mismatch between the intended business model design and its implementation, resulting in many promising business model ideas failing to reach the market. To address this problem, we adopt a design science research approach to design and evaluate a method and supporting IT tool for defining business model KPIs. In this research-in-progress paper, we present a set of meta-requirements and design principles for developing the method and tool support. We instantiate the requirements and principles in a tool prototype and evaluate their validity in semi-structured interviews with five industry experts. Our study contributes to research on KPIs for business models and the development of methods and tools for business model management.
Original languageEnglish
Title of host publicationEuropean Conference on Information Systems (ECIS 2023)
Subtitle of host publicationResearch-in-Progress Papers
PublisherAIS Electronic Library
Number of pages13
Publication statusPublished - Jun 2023
Event31st European Conference on Information Systems (ECIS 2023): Co-creating Sustainable Digital Futures - Kristiansand, Norway
Duration: 11 Jun 202316 Jun 2023
Conference number: 31
https://ecis2023.no/

Conference

Conference31st European Conference on Information Systems (ECIS 2023)
Abbreviated titleECIS 20223
Country/TerritoryNorway
CityKristiansand
Period11/06/2316/06/23
Internet address

Keywords

  • Business Model
  • Key Performance Indicator
  • Design Science Research
  • Design Principle

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