Busines Model Shifts Flashcards

1
Q

What does the business model canvas consist of

A

Customer segments - all the people or organizations for which you are creating value, includes simple users and paying customers.
2. Value propositions - for each segment, you have a specific value proposition. These are the bundles of products and services that create value for your customers.
3. Channels to reach customers - describes through which touch points you are interacting with customers and delivering value.
4. Customer relationships - outline the type of relationship you are establishing with your customers.
5. Revenue streams - how and through which pricing mechanisms your business model is capturing value.
6. Key resources - the infrastructure to create, deliver and capture value. Show which assets are indispensable in your business model.
7. Key activities - show which things you really need to perform well
8. Key partnerships - show who can help you leverage your business model. Since you won’t perform all key activities yourself.
9. Cost structure - once you understand your business models infrastructure, you will also
have an idea of its cost structure.

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2
Q

What are the 8 corporate rebel trends

A

1 from profit to purpose and value
2 from hierarchical to network of teams
3 directive leadership to supportive leadership
4 from plan and predict to experiment and adapt
5 from rules and control to freedom and trust
6 from centralized authority to distributed decision making
7 from secrecy to radical transparency
8 from job description to talent and mastery

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3
Q

21st century skills 4C’s

A

Communication
Collaboration
Critical thinking
Creativity

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4
Q

What is a business model shift?

A

A small change in a current business model; the now.
A shift of a value proposition.
A shift of a customer segment.
A shift of a revenue stream.
A shift of recource

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5
Q

What are the 6 business model shifts

A

See picture

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6
Q

What is the service shift?

A
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7
Q

What is jobs to be done?

A
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8
Q

What are the service shift paterns?

A
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9
Q

What are the service shift paterns?

A
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10
Q

What is the stakeholder shift?

A
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11
Q

What are the stakeholder shift patterns?

A
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12
Q

What is the digital shift?

A
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13
Q

Digital shift paterns

A
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14
Q

What are the platform shift paterns?

A
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15
Q

what is the Exponential shift

A
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16
Q

What are exponential shift paterns?

A
17
Q

What is the circular shift?

A
18
Q

What are the circular shift paterns?

A
19
Q

What is a business model?

A

Describes the rational of how an organisation creates, delivers and captures value

20
Q

What is platform shift?

A
21
Q

To change organisation need to

A

Change individuals

Understand that people respond to change in different ways

Understand the organisations politic and power

22
Q

What are six types of change levers?

A
23
Q

What are the three tiers of noncustomers?

A
24
Q

Whats the difference between blue and red ocean strategy?

A