The Spotify business model is based on their digital platform which connects artists with fans to drive music discovery on a scale that has never before existed. Their goal is to enable 1 million artists
The Airbnb business model immediately appealed to avid travellers who wanted not only better prices than hotels but unique experiences. Founded in 2008, Airbnb has become a global brand used by millions worldwide. At its
A digital business model focuses on harnessing digital technologies to create a value proposition. Digital technologies change how value is created as well as change the outcome of innovation. As an example, by attaching sensors
This in-depth blog post will cover business capabilities, their attributes, use cases, and tips to use them in your daily practice.
In this post, you will learn about the Uber business model. I'll cover how Uber works, how Uber makes money, Uber's strategy and how they harness their platform technology to expand into new markets. What
Effectuation is a powerful heuristic for finding a business model in a highly ambiguous environment- the place where most startups live. A previous article presented a case study showing how…
Amazon's business model is an eCommerce model, but over the years, it has made acquisitions and diversified, creating a portfolio of business models and revenue streams. Take a look at the breakdown further below. What
The Netflix business model is being replicated by competitors. How well-positioned is Netflix to fend off competitors and will it continue to show strong growth? We'll examine the Netflix business model and examine some of
Vision Concept Map: Vision concept maps are visual tools used to clarify, structure, and communicate the vision and high-level strategy for a project, product, or organization. Use this template for school or work, show your teacher or boss your careful and thoughtful strategy. Visual Learning Made Easy: Simplify intricate ideas and set the strategic initiatives for an entire organization or department. ✔️WHAT YOU WILL GET ★ 1 Zip files with 2 files in it ★ 1 X Concept Map (Keynote) ★ 1 X Concept Map (Powerpoint) ★ IF YOU WANT OTHER FORMATS BESIDES THIS, FEEL FREE TO MESSAGE ME) ✔️DOWNLOADING THE DIGITAL FILES ➭ After Etsy receives your purchase confirmation, you will be redirected to a link where you can download the digital files. ➭ You will also be sent an email of your purchase and link to your download through your Etsy registered email address. ➭ Your digital downloads are also INSTANTLY available to download via your Etsy account here: http://www.etsy.com/your/purchases ★★Designed to be used with Keynote or Powerpoint or Google slides. Open the file and update adjust as needed. All the formatting is set, minimal experience needed with either tool. Print out for larger collaborative sessions.★★ ✔️HOW TO HANDLE THE ZIP FILES You will receive zip pdf files. After downloading and saving the zipped files you need to unzip the files to be able to access them. ★ Windows: To unzip, right-click to select Extract All, and then follow the instructions. ★ MaC: Simply double click the zipped file and the file will automatically be decompressed by Archive Utility. You will see a new unzipped folder which contains your files will appear. ✔️PLEASE NOTE ➭ These are digital items, No physical items will be shifted to you. ➭ FOR PERSONAL USE ONLY. You can not resell, redistribute or share these in whole or any part for any reason; You cannot sell any digital or printed on any store. ➭ Due to the DIGITAL nature of these files, We can not offer refunds, exchanges and cancellation. Please read the item description carefully and make sure that you are purchasing your desired items. ✔️REFUND No physical products will be sent. As this custody journal is a digital product we cannot offer refunds. However, should there be any problems in downloading the files or with the files themselves, please send me a message, and I will help you find a solution. ✔️If you have any questions, feel free to message us via Etsy convo
Any time a team begins a new project, there are risky assumptions involved. Precoil Founder David J Bland has learned this all too well through his years of experience helping corporations think more creatively.
This is why the Business Model Canvas based on research by Swiss economist Alex Osterwalder and co-created by 470 “Business Model Canvas” practitioners from 45 countries became so popular. The main…
There has been a number of posts on mapping recently, most notably on 'Mapping the way to a strategy' by James Findlay (CIO of HS2) and 'Revolutionising Digital Public Service Delivery' by Judge's Business School in Cambridge. Mapping is a large and sometimes complex subject and you'll find ample information on this blog. A good place to start is here. However, in the next three posts, I'm not going to cover how to map, nor the basics of value chains and evolution. Instead I want to talk about the conclusions of mapping - ten good, three amazing and one absolute wow. The good bits about mapping are as follows. 1) Focus on user Needs Mapping inherently focuses an organisation on user needs because the entire value chain used in mapping is a chain of needs. Such a practice is useful because value comes from meeting the needs of others. Figure 1 - Maps and User Needs 2) Cope with change Maps are designed to cope with one of the basic rules of competition - that everything evolves - hence maps continuously adapt. The evolution axis reflects how complex environments are constantly changing due to supply and demand side competition. Figure 2 - Maps and Change 3) Assist in managing complex environments Maps allow you to see how evolved something is and therefore the most appropriate methods of management. All things evolve from an uncharted to an industrialised space and there isn't a one size fits all method such as agile or six sigma or in-source or outsource. Instead there's multiple methods, each of which are appropriate at different states of evolution. An example of this multiple method approach is the management within HS2 (high speed rail). Figure 3 - HS2 (High Speed Rail) Maps and methods of management. 4) Enable efficient contract management Maps enable you to visualise contract arrangements. This is particularly difficult to do with large scale specification documents and box and wire diagrams. In the below example, the contract arrangement for a huge Home Office project was mapped in an afternoon. What this showed was a particular contract due to its depth and width ran severe risks of cost over-runs if management methods were misapplied. This has now been fixed. Figure 4 - Contract Arrangements in Home Office 5) Assist in scenario planning Maps enable you to ask what if questions, to examine potential scenarios such as what happens when a component evolves from product to more commodity? They enable you to test potential impacts of changes. Figure 5 - Scenario planning in the security industry 6) Help in identifying opportunities Maps allow you to compare to others (whether business units or competitors) and hence more easily identify potential areas of differentiation, opportunities for efficiency and common shared services. Figure 6 - Comparison between different business units for the same value chain 7) Enable strategic gameplay Maps enable you to identify where you can attack and the tactical games that you can play from building of ecosystems, exploiting the inertia of others, constraints, use of open as a weapon, undermining barriers to entry and targets for disruption. There's a whole array of tactical games and dark arts than can be deployed by an experienced player. Figure 7 - Ubuntu and gameplay in the cloud 8) Provide easy communication Maps are inherently simple, you don't even need to know what the points mean in order to have a discussion about an environment. Maps also turn out to be surprisingly useful for explaining a business environment and getting everyone in an organisation to understand any strategy played. Figure 8 - Map for a TV company 9) Mitigate risks Maps also turn out to be extremely useful in identify points of risk within an environment whether this is contract risk, risk of mismanagement, risk of change, constraints or inertia. 10) Have the granularity I need Finally maps, can be altered in granularity depending upon whether you're looking at policy level, a business unit or tactical games within a system. Now in terms of competition then if I'm more able to effectively deal with user needs, constant change, management of complex environments and contracts whilst having better scenario planning, strategic gameplay, communication, risk management and the ability to identify opportunities from system level to policy ... then you've got a problem. In practice this only happens when a company using maps (or an equivalent mental model) is competing against companies running on specifications and box and wire diagrams (e.g. IT systems diagrams, business process maps etc). Fortunately that's quite a lot of companies. However, these are just the good bits about mapping. The Amazing aspects and one Wow are much more dangerous and I'll cover the Amazing in the next post.
We designed the Empathy Map at XPLANE many years ago, as part of a human-centered design toolkit we call Gamestorming. This particular tool helps teams develop deep, shared understanding and empathy…
Creating strategies are a must for every business. These balanced scorecard templates will help you assess the activities of your company easily.
