Can you *instantly* visualize the business model of 1) Apple's iPod? 2) A traditional bank? 3) Google (search)?
Chances are that you can't instantly visualize any of the above business model. Why?
Well, business model visualizations to date are not intuitive. Existing tools for business model visualizations such as the Business Model Canvas and 4-Box Business Model are relatively complex as well as time-consuming to learn and apply. Some progress has been made in simplifying and to some extent, standardizing, the visualization of business models especially using block diagrams. However, there is still much more work to be done.
Drawing on the over 300 year history of conceptualizing, visualizing, analyzing, and designing (civil) engineering systems, I introduce a graphical notation system for instantly visualizing a business model especially as a "conversation" or "interaction of forces." The introduced Node-and-Link (NaL) notational system focuses on visualizing and classifying business models according to the type of customer segments or "conversations" between the customer and performer (enterprise). Consequently, only three types of business model (conversations) are distinguished: 1, 2, and multi-sided business model (conversations). This tripartite typology greatly facilitates the visualization, understanding, classification, analysis, and design of business model conversations.
Also included in the presentation are examples of business model patterns that are classified according to the number of customer segment types. Hopefully, with this new typology, we can instantly visualize business models with a view to rapidly improve and/or innovating on them.
9. BUSINESS MODEL
CLASSIFICATION SYSTEM
(Taxonomy/Visualiza1on)
Business Model
PLATFORM
Business Model
PIPE
LINEAR MODEL
q 1-Sided Conversa>on
q One Market
q One Customer
Segment
q One Value Creator
q Economies of Scale
NON-LINEAR MODEL
q 2/3-Sided Conversa>on
q Two/Mul>-Markets
q Two/Mul>-Customer
Segments
q One/Two/Mul>-
Value Creators
q Network Effects; API
World-class Coaching on Request Sprint Map & Master of Business Model Engineering (MBME). Design Sprint Strategist
Dr. Rod King. rodkuhnhking@gmail.com & @rodKuhnKing
Instant Business Model Mapping
Rapidly Visualize, Understand, Classify, Analyze, and Design (VUCAD) Business Model Conversa>ons
10. BUSINESS MODEL
CLASSIFICATION SYSTEM
(Taxonomy/Visualiza1on)
Business Model
PLATFORM
Business Model
PIPE
LINEAR MODEL
q 1-Sided Conversa>on
q One Market
q One Customer
Segment
q One Value Creator
q Economies of Scale
NON-LINEAR MODEL
q 2/3-Sided Conversa>on
q Two/Mul>-Markets
q Two/Mul>-Customer
Segments
q One/Two/Mul>-
Value Creators
q Network Effects; API
World-class Coaching on Request Sprint Map & Master of Business Model Engineering (MBME). Design Sprint Strategist
Dr. Rod King. rodkuhnhking@gmail.com & @rodKuhnKing
1-SIDED MARKET/
Conversa1on
Pipe
u Encyc. Britannica
u Tradi.onal Taxi
u Tradi.onal Hotel
u iPod
u Tradi.onal Nike
Instant Business Model Mapping
Rapidly Visualize, Understand, Classify, Analyze, and Design (VUCAD) Business Model Conversa>ons
30. q WHAT is the product/service?
Pain/Delight (-/+): ….....
WHY
Profit
(Value)
WHEN
Time
q WHO is the customer?
q HOW does organizaMon deliver
product/service?
WHO
Customer
WHERE
Space/
Context
WHAT
Product/
Offer
q WHY do customers choose product/
service?
HOW
Provider/
Performer
World-class Coaching on Request Sprint Map & Master of Business Model Engineering (MBME). Design Sprint Strategist
Dr. Rod King. rodkuhnhking@gmail.com & @rodKuhnKing
Request Sprint Map Business Model Strip
Instant Business Model Map (IBMM) for SmartPhone Project
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