Business models require attention to the customer value proposition, the profit formula, and innovation capability. Learn about the components of a business model through a short story describing the trade-offs in business variables. Read the full post at www.globalnpsolutions.com.

1. Idea Insights from GNPS
Following a Business Model
A Short Story
Episode 15-52
www.globalnpsolutions.com/idea-incubator/
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2. Idea Insights from GNPS
What is Your
Business Model?
• Business model is sub-set of strategy
• Comprised of:
• Mission
• Vision
• Values
• Framework to address market opportunities
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3. Idea Insights from GNPS
Decision-Making
• Business Model Framework
• Customer value proposition
• Market segments
• Revenue & growth models
• Key resource capabilities
• NPD process (stage-gate)
• Align business actions with strategy
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4. Idea Insights from GNPS
Business Model Trade-Offs
• No perfect project
• Unique customer need
• Profitability in question
• Great service model
• Capabilities gap
• Scorecard metrics
• Portfolio management
• Decision-making
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5. Idea Insights from GNPS
Judgement
• Use the NPD process
• Build in the strategic criteria
• Rational decisions
• Everyone misses sometimes
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6. Idea Insights from GNPS
For More Information
• See the full post at the Idea Incubator Blog
• www.globalnpsolutions.com/idea-incubator/
• Free registration
• Contact me!
• 1-281-280-8717
• info@globalnpsolutions.com
• 2323 Clear Lake City Blvd., #180-177
Houston, TX 77062
www.globalnpsolutions.com/idea-incubator/
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