L10: BM Proposal Design & Content Flashcards by Nanna Hummelgaard | Brainscape

Q

BM Innovation process (6 steps pyramid)

A

Demonstrate value creation
Generate BM options (path to profit
Identify risks for each option
Prioritize risks
Reduce risks through experiments
Organise for incubants

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Q

BM Reinvension
The BM consists of 4 elements

A

VP
Profit formula
Key ressources
Key processes

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Q

4 barrieres that keeps the customer from getting their job done

A

insufficient wealth, access, skils, time

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Q

Why change BM? (4 reasons)

A

Respond to competition, solve the J2BD, leverage new technologies, disruptive innovation

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