Business Model Innovation (HEC Paris)
https://www.coursera.org/learn/business-model
General notes Business vs strategy Business model: a description of how a company generates profit
Versus strategy: a business model can be used for competitive analysis, portfolio analysis (corporate strategy), business analysis
Business models Odyssey 3.14’s business model components
value proposition (what, for who, price) value architecture (how - value chain, resources, competencies) profit equation (revenues, costs) Business model canvas overlap
customer segments, customer relationships, value proposition = value proposition key partners, key activities, key resources, channels = value architecture revenue stream, cost structure = profit equation Innovation What: Product, process, managerial, business model
