Business Model Generation

A business model describes the rationale of how an organization creates, delivers and captures value.

Review the 9 building blocks of the business model.

The 9 Building Blocks:

  1. Customer segments - an organization serves one or several customer segments
  2. Value proposition - it seeks to solve customer problems and satisfy customer needs with value propositions
  3. Channels- value propositions are delivered to customers through communication, distribution and sales
  4. Customer relationships - establish and maintained with each customer segment
  5. Revenue streams - result from value propositions successfully offered to customers
  6. Key resources - assets required to offer and deliver the elements
  7. Key activities - performing key activities
  8. Key partnerships- some activities are outsourced and some resources are acquired outside the enterprise
  9. Cost structure - the business model elements result in the cost structure