About this course

Outlines:

• Business model history
• Business model canvas 9 blocks
• Business model canvas 3 areas of development
• Business model pivoting

Benefits:

• Align operations with business strategy: Business modeling can help link organizational strategy to well-defined business processes, implement business changes, and improve performance
• Improve process communication: Business modeling can help create clear and consistent visual representations of workflows, roles, activities, and decisions that can be easily understood and communicated across the organization
• Identify and eliminate inefficiencies: Business modeling can help analyze the current state of processes, find bottlenecks, redundancies, errors, and gaps, and suggest improvements or optimizations
• Gain competitive advantage: Business modeling can help create a unique value proposition for customers, differentiate from competitors, and increase customer loyalty and retention
• Enable process agility: Business modeling can help adapt to changing business environments, customer needs, and market opportunities by allowing quick and easy modifications of processes