Business Model Innovation

About This Module

A business model is how you create, deliver, and get paid. Innovating it means changing one of those on purpose — not adding a QR code to the invoice and calling it disruption. Four chapters: the canvas, disruptive models, prototyping the model, and implementing the change without lying to the existing customers. You will map the current model before you decorate a new one. People protect the old model because it pays today's wages. Respect that, then be precise about what you are killing.

What You'll Learn

• Use the Business Model Canvas to analyze and visualize business models
• Identify opportunities for business model innovation in your industry
• Design and test business model prototypes effectively
• Implement business model changes while managing organizational challenges
• Develop a culture that supports continuous business model innovation

Prerequisites

Understanding of basic business strategy concepts