The Genesis Of The Business Model Canvas - 2110 Words

The genesis of the Business Model Canvas (BMC) consists of nine building blocks that describe a business model. They are: Customer Segments, Value Propositions, Customer Relationships, Channels, Revenue Streams, Key Partners, Key Activities, Key Resources and Cost Structure. (Osterwalder, A., Pigneur, Y, 2010) One of the unique features of the approach of the Business Model Canvas is that this tool allows for easy, visual representation for decision makers to think about. The tool provides a dissection of the major concerns impacting the business and also represents the direction the organization is taking through its business model. As author Dan Roam states, â€Å"visual thinking to solve complex problems† is what the BMC is all about. The Business Model Generation does have it strengths and weaknesses. Perhaps the main asset of the BMC is the visual illustration. One main drawback is the limited aim of an organization; that is, it targets profit generation and for n on-profit purposes of an organization. The benefits will be touched on below, but the Osterwalder/Pigneu business model leaves out one key ingredient. Omitting the basic fact that competition is not mentioned in this theory seems to be a glaring omission. Advancement springs from competition and so does better customer service. In our reading, the business model canvas is a great tool that fosters â€Å"understanding, discussions, creativity and analysis.† The nine basic blocks demonstrateShow MoreRelatedâ€Å"Implicit† and â€Å"Explicit† Csr: a Conceptual Framework for a Comparative Understanding of Corporate Social Responsibility13330 Words   |  54 Pagesbetween CSR in the United States and Europe and, second, the recent rise of CSR in Europe. We also delineate the potential of our framework for application to other parts of the global economy. In this paper we address the question of why forms of business responsibility for society both differ among countries and change within them. We do so by comparative investigation of corporate social responsibility (CSR), historically and contemporarily, in the United States and in Europe.1 The paper is inspiredRead MoreI Love Reading Essay69689 Words   |  279 PagesChapter III Chapter IV Chapter V Chapter VI Chapter VII Annexure I : : : : : : : : Introduction: Why Entrepreneurship What Motivates Entrepreneurship Socio-cultural Factors Access to Early Stage Finance Education, Innovation and Entrepreneurship Business Environment for Entrepreneurship Conclusion: Encouraging Entrepreneurship List of Stakeholders and Details of Entrepreneurs Surveyed Entrepreneurship Proï ¬ les Methodology List of Resources Glossary vii viii 1 9 21 29 49 71 89 97 105 163 165 169 Read MoreEssay about Summary of History of Graphic Design by Meggs14945 Words   |  60 Pagesfinished, Fust sued Gutenberg for payment loans and interest. o Fust won and gained possession of all Gutenberg’s printing equipment. †¢ Fust immediately entered into an agreement with Gutenberg’s skilled assistant, Peter Schoeffer, o With Fust as business manager and Schoeffer in charge of printing, the firm of Fust and Schoeffer became the most important printing firm in the world. - 100 year dynasty! Fust and Schoeffer published Psalter in Latin. †¢ First book to bear a printer’s trademark andRead MoreHemp Cultivation in China42289 Words   |  170 Pagesyour colleagues and libraries to join. We are planning to have our membership list ready in early 1996, so if you want to be included, please renew your membership soon. Remember, you must join at the Sustaining/Business level of US$ 100 to be included in the directory under your business or organization name. We have continued our policy of active participation in both the hemp domain directly and at events that overlap these concerns. Examples of these efforts include the following. ---Textile Forum