business model development
TRANSCRIPT
A Presentation on
Developing an Effective Business model
A combined effort ofSERIAL NO. NAME OF MEMBERS ID. NO.
01. FAHIM HASSAN 19-016
02. MD. SADID UDDIN 19-020
03. MD. HAFIZUR RAHMAN 19-022
04. MD. SHAHALAM KHAN 19-026
05. TANVEER AL JAMEE 19-104
Discussion at a glance
Business model
Importance of business model
Emergence of business model
Potential flaws of business model
Components of business model
What is a model?
A model
A plan or Diagram
Used to make somethingUsed to describe
something
What is a business model?
How it competes
Utilise resources
Structures Relationship
Customer interface
Value generation
Business model: an example
Importance of a business model
Serves as an ongoing extension of feasibility analysis
Focuses attention on how all the elements of a
business fit together and constitute a working whole.
Describes why the network of participants needed to
make a business idea viable are willing to work
together.
Articulates a company’s core logic to all stakeholders.
Emergence of a business model
• The Value Chain
• The string of activities that moves a product from the raw
material stage, through manufacturing and distribution, and
ultimately to the end user.
• Developed by an academic researcher
• Used to identify opportunities
• Explains how business models emerge and develop
• Consists of primary activities and support activities
Emergence of a business model
• Primary activities
• Support activitiesFirm
Infrastructure
Human Resource Manage
ment
Technology
Development
Resource
Procurement
Inbound Logistics
Operations
Outbound Logistics
Marketing and
Sales
Service
Potential flaws of a business modelA complete misread of the customer
1
Unsound economics
2
Components of Business
Model
Core Strategy
Strategic Resources
Partnership network
Customer interface
Mission statement Product/market scope
Basis for differentiation
Core Strategy
Strategic Resources
Core competencies
Strategic assets
Core competency
Core Competency
A resource or capability
Works as a competitive advantage
Difficult to imitate
Allows to differentiate
Creates unique value
Helps to grow
Establishes strong
position
Strategic assets
Strategic assets
Plant & equipment
Location
BrandsPatents
Customer data
Qualified staff
Distinctive partnership
Partnership network
Partnership Network
SuppliersKey relationships
SuppliersTraditional view
1
Today’s view
2
Key relationships
Key relationships
Joint venture
Network
Consortia
Strategic alliance
Trade associations
Customer interface
Customer Interface
Target market
Fulfillment and
support
Pricing structure
Target market
Limited group of individuals or businesses
Firms go after or tries to appeal
Affects everything
Fulfillment and support
FulfillmentLicensing the product to existing
companies
Manufacturing the product by itself
Partnering with a company
Pricing structure
Flat rate
Hourly rateFreemium
Any Queries….???