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Welcome to Silicon Valley =)

Prepared forTechBA by:

Dariana Urrutia - ITAMArmando Maldonado - ITAMXimena Venegas – CIMA CIAbel Hurtado - CIMA CICésar Salazar – CIMA CI

January 26th, 2008

Business model innovation

Tikkia as a Case Study (INTRODUCTION)

This presentation covers the work we did at Tikkia, integrating:

• Alex Osterwalder’s work (Université de Lausanne)

• Armando Maldonado and Dariana Urrutia’s studies at ITAM

• CIMA CI’s expertise

Just for the record

• Tikkia.com is a brand new (alpha becoming beta) online network for IT professionals in Mexico.

• The company behind Tikkia is CIMA CI (TechBA 4th generation), through its innovation unit: CIMA Labs

Timeout, please!

Are you into the IT business?

Join Tikkia now!

http://www.tikkia.com

Let’s start with a Big Question.

If you build it, will they come?

Probably not.

Even if they come, will you get to fill your pockets?

So, what’s to do?

Business model innovation!!!

What is a business model?

Answer #0 (bonus)

Answer #1

A business model is nothing else than a representation of how an organization makes (or intends to make) money.“

Answer #2

A business model is the simplest path to understand how to profit from a market opportunity.“

Answer #3

The business model is the core of the business plan and any other strategic document.“

What is a business model?

It’s not…

…a mission statement…a revenue model…a value proposition…a strategic plan…a business plan

x

Let’s start with Alex’s example

Vs.

Let’s start with Alex’s example

Let’s make it simple

WHAT?

The canvas – A blank space

WHO?WHAT?

The canvas – A blank space

HOW? WHO?WHAT?

The canvas – A blank space

HOW? WHO?WHAT?

The canvas – A blank space

Then, the building blocks

Key activitiesKey activities

Key resources

Key resources

Partner networkPartner network

Client segments

Client segments

Distribution channels

Distribution channels

Client relationships

Client relationships

Value proposition

Value proposition

Cost structureCost structure Revenue streamsRevenue streams

The 9 building blocks of the BM

Work in progress

The 9 building blocksInternal External

Design Insight

Key activitiesKey activities

Key resources

Key resources

Partner networkPartner network

Client segments

Client segments

Distribution channels

Distribution channels

Client relationships

Client relationships

Value proposition

Value proposition

Cost structureCost structure Revenue streamsRevenue streams

Magic triangle #2 – Who?

Client segments

Client segments

Value proposition

Value proposition

Revenue streamsRevenue streams

Distribution channels

Distribution channels

Client relationships

Client relationships

Key activitiesKey activities

Value proposition

Value proposition

Cost structureCost structure

Magic triangle 1 – How?

Key resources

Key resources

Partner networkPartner network

The butterfly

Go to video

Business model framework

Key activitiesKey activities

Value proposition

Value proposition

Cost structureCost structure

Key resources

Key resources

Partner networkPartner network

Client segments

Client segments

Revenue streamsRevenue streams

Distribution channels

Distribution channels

Client relationships

Client relationships

Remember: The business modelshould be CONSISTENT

HOW? WHO?WHAT?

The canvas – Not so blank!

Exploring the WHO?

Client segments a.k.a. The Market

??Big Qs about the market

• Whom are we creating value to?

• What market segments want my product?

• How large is each segment?

• Is it growing?

• What does the customer want?

• What are the real needs of my customer?

• What are his major concerns?

Organizing the ideas

Organizing the ideas

Job opportunities Get certified for

current knowledge Share interests and

knowledge Be important!

Job opportunities Get certified for

current knowledge Share interests and

knowledge Be important!

Is that it?

Short answer: YES

Is that it?

Long aswer: NO, this is just the beginning

Next steps?

1. Webinar with Dr. Maldonado in one month.

2. 12 weeks of learning how to feed the butterfly.

3. Feed the butterfly!!!

As a conclusion…

1. Focus on the market.

2. Find the businss opportunityt through the model.

3. Then, stick to an action plan.

No business model?

No business model = No business at all

Tough, tougher, toughest

Give it a try! Access to templates and book chunkshttp://business-model-design.blogspot.com/

Access to slideshowshttp://www.slideshare.net/Alex.Osterwalder

Presentador:César Salazar – Director de CIMA Labs/Tikkia

http://www.tikkia.com/cesarsalazarhttp://www.twitter.com/cesarsalazar

January 26th, 2008

Business model innovation

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