what is a "business model"?

www.betterbusinesslearning.com

“ business

model” ?

what is a


is it…


mba jargon?

meaningless management

speak?


possibly.


people have been

talking about

“business models”

more and more

over the last decade…


because it is a way to

organisations…

conceptualise and

understand


…as

systems…


…that have

common

components.


to understand an

organisation’s

business model ,

think about:


value what

It creates

1.


who it

serves

2.


what sets it

apart

3.


what

it depends upon

resources

4.


its Crucial

relationships

5.


the

channels

through which

it delivers

6.

value


how it

generates

money

7.


and…


what it

spends

money on

8.


business model

is not just about

changing what you sell…

innovation


it is about

continually

re-evaluating…


who you are

with whom you collaborate

what value you create

how you work

how you capture value

how sustainable you are


modern business is a

continual

re-evaluation


modern managers must

become adept at

“ambidextrous thinking”


exploring new

business models

exploiting

their current

business model

whilst also


explore exploit &


in an era of

rapid change,

organisations

either…


adapt

die or


embrace the

change!


what is a

business model?

summary:


• how an organisation creates

& captures value

• who it serves

• what sets it apart

• its key resources & relationships

• its delivery channels

• how it generates revenue

• its cost structure



gavin wedell mba

"The Annual New England Xylophone Symposium"

by DoKashiteru (feat. spinning merkaba)

http://ccmixter.org/files/DoKashiteru/19848

is licensed under a Creative Commons license:

http://creativecommons.org/licenses/by/3.0/

Music credit:

better business learning by


Ps: There’s a great tool called

“the business model canvas”

(Google it!)

check it out.

what is a "business model"?

Business

business model

www

betterbusinesslearning

sets

http