An Introduction

Business Models

Both for-profit and not-for-profit organizations need to have business models (see http://en.wikipedia.org/wiki/Business_model ) that:

  • Offer a compelling value proposition to clients and stake-holders
  • Have coherent networks of actors, activities and resources that package what is delivered
  • Have delivery channels that make sense to both the organization and its clients
  • Clearly enunciate sources of cost
  • Clearly enunciate sources of revenue

Business model innovation involves creatively changing any one or combination of these factors to give a competitive advantage.

Last modified: 2012/12/29 20:30