25 Need-To-Know Management Models

Chapter 3

Business model canvas  

• Why use it? The business model canvas is particularly suitable to develop new and/or alternative business models. It is a hands-on tool that fosters understanding and creativity.
• What does it do? The model provides a canvas to describe, visualise, develop and explore business models. The template is based on nine basic building blocks, which can show at a glance how a company does its business and earns money.
• When to use it? The model can be used to generate new business models and to foster ideas for and new ways of doing business. It is also a perfect tool to analyse the existing business model of your organisation and find areas for improvement.
• What question will it help you answer? What is the best ...