Business Model assessment, Design & Implementation Understanding and Innovating your Business Model Is Crucial
What actually is a Business Model? The business model of a company is a simplified representation of its business logic. It describes what company offers its customers, how it reaches them and relates to them, through which resources, activities and partners it achieves this and finally, how it earns money. The business model is usually distinguished from the business process model and the organization model.
In addition we incorporate newly releases "The Business Model Generation" book which Karllestone Capital co-contributed and created & the "Blue Ocean Strategy" methodology in our conceptual and Strategic process review of existing and new corporate business models for assesment, analysis, engagement and questioning of those models.
We help start-ups, entrepreneurs, small business and corporates with
improving and designing (new) business models. Many organizations
having a sound and proper business model in the past, see that their
current model is not working anymore. It does not generate enough value
(revenue, profit) as a result of changes in the environment. Credit
crisis, 180-degrees change in the customer behavior, the role of the
Internet and (free) access to information has made traditional models
losing their value considerably. New models are a must have! What are
business models of the future?
The Building Blocks of a Business Model
A business model can be described by looking at a set of nine building blocks. To get a good picture of our business model we should describe our:
Customer segments: Our groups of customers with distinct characteristics. Value proposition: The bundles of products and services that satisfy our customer segments’ needs. Value Proposition and Understanding the customer perspective are key components of the business model design.
Distribution channels: The channels through which we communicate with our customers and through which we offer our value propositions.
Customer relationships: The types of relationships we entertain with each customer segment.
Revenue streams: The streams through which we earn our revenues from our customers for value creating and customer facing activities.
Key resources: The key resources on which our business model is built.
Key activities: The most important activities performed to implement our business model.
Partner network: The partners and suppliers we work with.
Cost structure: The costs we incur to run our business model.
As
a part of this Karllestone Capital provides consulting services, tools,
thinking, concepts and ideas on these and related issues, on Business
Model Generation.
These are performed in the manner of Workshops, Seminars and training sessions. Building innovation capabilities:
assess your company's innovation capabilities, create a culture for and
of innovation, make innovation everybody's everyday job, organize for
innovation and renewal, remove barriers to innovation.
Creating breakthrough strategies: insights and tools enabling the creation of blue ocean strategy and strategic innovation.
Developing new business models: business model design and innovation. Training organizations for all key members and employees to understand their current company's business model strategy.
Training
Do you want to understand the methodology behind business modeling? Or maybe want to learn about graphic facilitation?
Whether you are new to the business modeling or have been using the
techniques already for some time, we have created range of training
sessions to make you feel comfortable in using the methods. The
training courses guide you to mastering the following: Describing and
assessing the business models; Designing and innovating the business
models; Application of the business model patterns; Translating your
vision into the business model; Understanding the design techniques for
the business model based on the customer insight and environment; Using
the visual thinking; Tools and techniques of the graphic facilitation.
In the IT sector: To explore way to help IT I can work with CIOs to align IT and business notably by using the Business Model Canvas to describe the unique characteristics
of the business model. This helps them match business decisions with decisions about ITcapabilities without going into tactical issues. Also we pair the Canvas withthe Enterprise Architecture concept of each company. example: pair categories of IT
infrastructure service with business models.
We also use the Canvas to propose to align business models with the application infrastructure,
communications management, data management, IT management, security, IT architecture, channel management, IT, research and development, and IT training and education.
Karllestone work with clients to: Improve and engage current business models Create and implement business strategies and business models for transparency within the company Analyze and develop critical capabilities within the organization Strengthen the executive team, managers, and key contributorsUnderstand and implement the client CREDO Standards for focusing on the customer.