Business Model

When an organization creates, delivers, and captures value, that is a business model. Strategic in nature business models can provide a competitive advantage.

Recently the Business Model Canvas was mad popular by Alex Osterwalder. The Business Model Canvas is a tool to help visualize operations, customers, sales channels, etc.

Components of a Business Model:

  • value propositions
  • target customer segments
  • distribution channels
  • customer relationships
  • value configurations
  • core capabilities
  • commercial network
  • partner network
  • cost structure
  • revenue model

Leave a Reply

Your email address will not be published.