http://metabiz.com.au - A business model is a way to conceptualise and understand organisations as systems that have common components. To understand an organisations business model think about these 8 things: 1. What value does the organisation create? 2. Who does the organisation serve? 3. What set it apart? 4. what resources does it consume? 5. Who are the Important relationships? 6. What are the channels to deliver value? 7. How the organisation generates it’s cash 8. What are the organisations major costs Now to think about business model innovation…. Business model innovation goes beyond just thinking about the products you sell and looks at what makes your organisation what it is! Who you are? How you work? With whom you collaborate? What value you create? How you Capture that value? How Sustainable is your organisation? And… todays business environment is hyper-competitive and requires us to continually re-evaluate the business model. Today’s managers must work at these two things:- exploiting existing business models - whilst exploring new business models In an era of rapid change, organisations must adapt or die. http://metabiz.com.au/blog/video-business-model-innovation/

1. WHAT IS BUSINESS
MODEL INNOVATION?

2. A WAY TO CONCEPTUALISE
AND UNDERSTAND
ORGANISATIONS
AS SYSTEMS THAT
HAVE COMMON
COMPONENTS

3. TO UNDERSTAND AN
ORGANISATION BUSINESS MODEL
THINK ABOUT THESE 8 THINGS

4. 1. WHAT VALUE DOES
IT CREATE?

5. 2. WHO DOES IT SERVE?

6. 3. WHAT SETS IT APART?

7. 4. WHAT RESOURCES
DOES IT NEED?

8. 5. WHO ARE THE IMPORTANT
RELATIONSHIPS?

9. 7. HOW DOES IT MAKE
MONEY?

10. 8. WHAT ARE ITS MA JOR
COSTS?

11. NOW LETS CONSIDER BUSINESS
MODEL INNOVATION

12. GO BEYOND
PRODUCT
INNOVATION

13. WHO ARE YOU?

14. HOW DO YOU WORK?

15. WITH WHOM?

16. WHAT VALUE DO YOU
CREATE?

17. HOW DO YOU CAPTURE
THAT VALUE?

18. HOW SUSTAINABLE IS
YOUR BUSINESS?

19. TODAYS BUSINESS WORLD
IS HYPER COMPETITIVE

20. MANAGERS MUST!!!!

21. EXPLOIT EXISTING
BUSINESS
MODELS
EXPLORE NEW
BUSINESS
MODELS
AND….

22. IN AN ERA OF
RAPID CHANGE
ADAPT OR DIE