Business model development
Transcript of Business model development
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A Presentation on
Developing an Effective Business model
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A combined effort ofSERIAL NO. NAME OF MEMBERS ID. NO.
01. FAHIM HASSAN 19-016
02. MD. SADID UDDIN 19-020
03. MD. HAFIZUR RAHMAN 19-022
04. MD. SHAHALAM KHAN 19-026
05. TANVEER AL JAMEE 19-104
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Discussion at a glance
Business model
Importance of business model
Emergence of business model
Potential flaws of business model
Components of business model
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What is a model?
A model
A plan or Diagram
Used to make somethingUsed to describe
something
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What is a business model?
How it competes
Utilise resources
Structures Relationship
Customer interface
Value generation
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Business model: an example
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Importance of a business model
Serves as an ongoing extension of feasibility analysis
Focuses attention on how all the elements of a
business fit together and constitute a working whole.
Describes why the network of participants needed to
make a business idea viable are willing to work
together.
Articulates a company’s core logic to all stakeholders.
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Emergence of a business model
• The Value Chain
• The string of activities that moves a product from the raw
material stage, through manufacturing and distribution, and
ultimately to the end user.
• Developed by an academic researcher
• Used to identify opportunities
• Explains how business models emerge and develop
• Consists of primary activities and support activities
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Emergence of a business model
• Primary activities
• Support activitiesFirm
Infrastructure
Human Resource Manage
ment
Technology
Development
Resource
Procurement
Inbound Logistics
Operations
Outbound Logistics
Marketing and
Sales
Service
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Potential flaws of a business modelA complete misread of the customer
1
Unsound economics
2
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Components of Business
Model
Core Strategy
Strategic Resources
Partnership network
Customer interface
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Mission statement Product/market scope
Basis for differentiation
Core Strategy
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Strategic Resources
Core competencies
Strategic assets
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Core competency
Core Competency
A resource or capability
Works as a competitive advantage
Difficult to imitate
Allows to differentiate
Creates unique value
Helps to grow
Establishes strong
position
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Strategic assets
Strategic assets
Plant & equipment
Location
BrandsPatents
Customer data
Qualified staff
Distinctive partnership
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Partnership network
Partnership Network
SuppliersKey relationships
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SuppliersTraditional view
1
Today’s view
2
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Key relationships
Key relationships
Joint venture
Network
Consortia
Strategic alliance
Trade associations
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Customer interface
Customer Interface
Target market
Fulfillment and
support
Pricing structure
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Target market
Limited group of individuals or businesses
Firms go after or tries to appeal
Affects everything
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Fulfillment and support
FulfillmentLicensing the product to existing
companies
Manufacturing the product by itself
Partnering with a company
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Pricing structure
Flat rate
Hourly rateFreemium
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Any Queries….???