Preview

Business Model Generation

Good Essays
Open Document
Open Document
831 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Model Generation
Business Model Generation- http://www.slideshare.net/techdude/business-model-generation
Canvas
Definition of Business Model: A business model describes the rationale of how an organization creates, delivers and captures value.
This book offers a concept that allows you to describe and think through the business model at your organization, your competitors, or any other enterprise. The authors believe that a business model can best be described through nine basic building blocks that show the logic of how a company intends to make money. The nine blocks cover the four main areas of a business: customers, offer, infrastructure, and financial viability.
The business model is like a blueprint for a strategy to be implemented through organizational structures, processes, and systems.
The 9 Building Blocks (Ver láminas 18 y 19)
1) Customer Segments: Defines the different groups of people or organizations an enterprise aims to reach and serve. In order to better satisfy customers, a company may group them into distinct segments with common needs, behaviors and other attributes. A conscious decision about which segments to serve and which segment to ignore has to be made. Once this decision is made, a business model can be carefully designed around a strong understanding of specific customer needs (ver lámina 21 para ejemplos de Customer Segments).
2) Value Propositions: Describes the bundle of products and services that create value for a specific Customer Segment. Some Value Propositions may be innovative and represent a new or disruptive offer. Others may be similar to existing market offers, but with added features and attributes (ver láminas 23-24 para ejemplos de Value Propositions)
3) Channels: Describes how a company communicates with and reaches its Customer Segments to deliver a Value Proposition. Communication, distribution, and sales Channels comprise a company’s interface with customers (Ver lamina 27 para tipos de canals)
4) Customer Relationships:

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Bis 210 Job Fair

    • 586 Words
    • 3 Pages

    A business model is like many other models in the sense that it summarizes and expresses how business conduct business as a whole. The business module expresses the nature within the business and how money is made According to Business Model Designs and Innovation, (2005) “Without having to share the company’s complexities and strategies, processes, units, rules, hierarchies, workflows and systems” (pg.1) An example for this, the company in which I have chosen is The Other Pawn. The company makes money by buying storage units and consumer goods to resell and make a profit at a reasonable price. The fundamental nature of the pawn shop is encouragement within the community to circulate and restore antiques and heirlooms which they have no use for by offering leisure items or cash to the customer.…

    • 586 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Week 4 Midterm

    • 844 Words
    • 4 Pages

    A value proposition is a business or marketing statement that promises a value that the customer needs and will benefit from as a result. It is the marketing strategy to convince the consumer why the product or service is needed. An example of a value proposition is a company that may offer access to customer service 24 hours a day. Another more specific example is like the bank Huntington that offers 24 hour grace period for overdrafts. Value to the customer is important because it should evoke customer loyalty. Value propositions should provide the customer with some essential measure of need that leaves them with the belief that they will only primarily be provided with this value from this product or service more so than any other similar brand, product or service.…

    • 844 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The business model is working description that includes the general details about the operations of a business. The components that are contained within a business model will address all functions of a business, including such factors as the expenses, revenues, operating strategies, and marketing. Generally, anything that has to do with the day to day functionality of a business can be said to be part of the business model. Every business such as a childcare center has a business model that has business commerce, business occupation and business organization.…

    • 316 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    RQ2 According to the Business Model Generation and/or Strategic Management Concepts and Cases literature, what is a business model? (Please discuss/analyze well beyond a definition). Need at least 2 scholarly articles and subsequent write-up.…

    • 212 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    Strategic Innovation

    • 1253 Words
    • 6 Pages

    Chesbrough, H. (2010) Business Model Innovation: Opportunities and Barriers. Long Range Planning, 43 (2–3), 354–363. Retrieved 6/01/2013…

    • 1253 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Vian

    • 999 Words
    • 5 Pages

    8. A business model describes how a company produces, delivers, and sells a product or service to create wealth.…

    • 999 Words
    • 5 Pages
    Good Essays
  • Better Essays

    business model 1

    • 844 Words
    • 4 Pages

    The first step in implementing an effective business model is to adequately understand the definition. Osterwalder and Pigneur (2010) define a business model as “the rationale of how an organization creates, delivers, and captures value.” (14) In simple terms, a business model is an outline or a blueprint an organization uses to constract effective processes, structure, and systems.…

    • 844 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Preassignment

    • 400 Words
    • 2 Pages

    A busingess model, consist of four interlocking element that taken together, create and deliver value.…

    • 400 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Cisco Case Study: an in-depth look at IT Management during an ERP implementation Authors Jessica McNally Hemal Patel Jerome Brown Jeffrey Cole Charles Green Olurotimi Opawole IT6683/IT4683 Management of IT-Summer 2012 Dr. Halstead-Nussloch TABLE OF CONTENTS INTRODUCTION.......................................................................................................................... 2 OVERVIEW .................................................................................................................................... 2 METHOD OF APPROACH ................................................................................................................…

    • 12256 Words
    • 50 Pages
    Powerful Essays
  • Satisfactory Essays

    E.Finance

    • 697 Words
    • 3 Pages

    Study completely. The business model is that which allows you to make money, and the business plan puts in writing how you are going to do that. There is not much theory behind them (look at fig 2.2 page 44 best practices of High-Growth, High-Performance Firms. The venture opportunity screen section 2.6 and the Appendix will be applied in one of the Student Group case discussions, and the business plan will also come back.…

    • 697 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    an operating strategy that includes internal organizational structure and external partnerships that are crucial for creating the organization’s intended impact; and,…

    • 832 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Beauty Salon Idea

    • 280 Words
    • 2 Pages

    Summary of the business model that best represents the kind of business and its operations.…

    • 280 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Business model: describes how company produces, delivers and sells product or service to create wealth…

    • 7373 Words
    • 36 Pages
    Powerful Essays
  • Good Essays

    The Business Model

    • 484 Words
    • 2 Pages

    Business Model—its plan or diagram for how it competes, uses it resources, structures its relationships, interfaces customers, and creates value to sustain itself on the basis of the profits it generates…

    • 484 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    business model

    • 868 Words
    • 3 Pages

    Let me start with business model. A business model is just a simplified description of how a business makes money. Usually, it is the precursor to the business plan. The objective of having a business plan is to "sell" your project to external financiers or internally to top management. If you have a well-thought out business model, then it forms the basis for writing a good business plan. A business plan may consist of the management team, the business model, the implementation plan, the financial plan, an analysis of the external environments, and maybe also a part on risk analysis. So you see, the business model is actually just a part of the business plan.…

    • 868 Words
    • 3 Pages
    Satisfactory Essays