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Value creation : designing effective customer value propositions in lo-T orientated business models, a qualitative approach

Mini Dissertation (MBA)--University of Pretoria, 2019.

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Other Authors: van der Walt, Andre
Format: Thesis
Language:English
Published: University of Pretoria 2020
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access_status_str Open Access
author2 van der Walt, Andre
author_browse van der Walt, Andre
author_facet van der Walt, Andre
collection Thesis
dc_rights_str_mv © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2019.
format Thesis
id oai:repository.up.ac.za:2263/74018
institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:36:27.243Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2020
publishDateRange 2020
publishDateSort 2020
publisher University of Pretoria
publisherStr University of Pretoria
record_format dspace
source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/74018 Value creation : designing effective customer value propositions in lo-T orientated business models, a qualitative approach van der Walt, Andre ichelp@gibs.co.za Potgiter, Dane UCTD Mini Dissertation (MBA)--University of Pretoria, 2019. Many entrepreneurial ventures fail because of unprofitable business models that may be due to ineffective customer value propositions (CVP). However, little is known about designing CVPs that are effective in creating and capturing value for a successful business model. Moreover, designing CVPs is a challenge in the Internet of Things (IoT) industry that faces tremendous uncertainty in proving customer value. The literature suggests that a formal process to design CVPs may have several positive consequences for venture performance. Thus, in this study, the CVP design activities were explored to gain insights into the process, content, characteristics and business model alignment activities of an effective CVP. Through this multiple-case study, six semi-structured interviews were conducted with five IoT-orientated ventures, and their perspectives, together with observations and archival records, were analysed inductively to explore the design of effective CVPs. The study found that the design process is dynamic, iterative, and interactive that revolve around value creation processes, supported by CVP enablers, where the emphasised value dimensions evolve towards effectiveness and business model alignment. This study contributes to the literature by providing a better understanding of the process and content of effective CVPs in IoT-orientated business models. As a result, a broad framework is proposed to enable the design of effective CVPs. ms2020 Gordon Institute of Business Science (GIBS) MBA 2020-04-06T10:00:23Z 2020-04-06T10:00:23Z 2020/04/01 2019 Mini Dissertation Potgiter, D 2019, Value creation : designing effective customer value propositions in lo-T orientated business models, a qualitative approach, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/74018> http://hdl.handle.net/2263/74018 en © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Value creation : designing effective customer value propositions in lo-T orientated business models, a qualitative approach
title Value creation : designing effective customer value propositions in lo-T orientated business models, a qualitative approach
title_full Value creation : designing effective customer value propositions in lo-T orientated business models, a qualitative approach
title_fullStr Value creation : designing effective customer value propositions in lo-T orientated business models, a qualitative approach
title_full_unstemmed Value creation : designing effective customer value propositions in lo-T orientated business models, a qualitative approach
title_short Value creation : designing effective customer value propositions in lo-T orientated business models, a qualitative approach
title_sort value creation designing effective customer value propositions in lo t orientated business models a qualitative approach
topic UCTD
url http://hdl.handle.net/2263/74018