Towards a Language to Support Value Cocreation: An Extension to the ArchiMate Modeling Framework

Abstract

Value cocreation is gaining momentum as organizations' underlying business logic and encompasses tools and techniques for discovering new valuable and necessary artefacts to support inter-organizational and network-centric business activities.To cocreate value, organizations must talk to each other using a clear and easy to use language.In the course of the ValCoLa (Value Cocreation Language) project, we aim at elaborating such language.To that end, in previous work, we developed a value cocreation metamodel based on three dimensions: the nature of the value, the object concerned by the value and the method to cocreate value.In this paper, we first extend ArchiMate to the domain of value cocreation to provide our metamodel with a dedicated modeling language.Second, we illustrate the language with a case study from the financial sector.I.

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