The Heart of the Business Plan: The Business Model
Monday, June 22nd, 2009This 20-minute BizBrief covers the components of and process for developing a business model. The business model answers the question, “How do we logically create value,e g., products and services, for our customers?” It demonstrates how you will execute your competitive strategy. The business model serves as the core input for a business case, business concept document or a business plan.
The topic objectives are:
- Describe the role of the business model in an enterprise’s strategy and operation.
- Identify customer element of the business model.
- Identify process element of the business model.
- Identify network and channel element of the business model.
- Identify financial element of the business model.
- Identify steps to develop business model.
The seminar is available for online and mobile platforms as a video or audio below. You will also find links for the seminar slides and additional resources below.
How to Describe and Improve Your Business Model to Compete Better (Draft Document)