Fielt - Business Modeling for Start-ups

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Dr Erwin Fielt [email protected] Information Systems School Queensland University of Technology Wednesday, 9th of May 2012 Business Model Design and Innovation Circle Business Modeling for Start-ups

Transcript of Fielt - Business Modeling for Start-ups

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Dr Erwin Fielt

[email protected]

Information Systems SchoolQueensland University of Technology

Wednesday, 9th of May 2012

Business Model Design and Innovation Circle

Business Modeling for Start-ups

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Business Model Design and Innovation Circle

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Organizers:

Michael Eales

Alan Scott

Erwin Fielt

Harpreet Singh

Matt Kelly

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Business models?

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Business models!

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Sell the car

Sell car parts

Rent the car out

Taxi

Advertising

Mobile coffee bar

Racing

First prize in a lottery

...

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Source: Hugh MacLeod (http://www.gapingvoid.com/ )

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What about Gillette?

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Razor and blade

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What about SouthWest Airlines?

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Low-cost carrier

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What about Google Search?

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Keyword advertising and auctioning

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What about Threadless?

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Customer is the company

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Business model

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A business model describes the value logic of an organization in terms of creating and capturing customer value

The central element is the value proposition: the value (or benefits) the provider promises to deliver to the customers

Often the focal organization is part of a business network, which needs to be taken into account.

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How can you ............. a business model in a

holistic and systematic way?

• Describe

• Design

• Communicate

• Analyse

• Innovate

• Etcetera

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Business model frameworks

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The Business Model Canvas (Osterwalder & Pigneur)

The Four-Box Business Model (Johnson)

The STOF model (Bouwman, De Vos & Haaker)

Business Model Schematics (Weill & Vitale)

Technology/market mediation (Chesbrough & Rosenbloom)

Entrepreneur’s business model (Morris, Schindehutte & Allen)

e3-value (Gordijn & Akkerman)

See also the whitepaper “Understanding business models” (Fielt, 2011), available via http://eprints.qut.edu.au/41609/

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Business Model Canvas

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Business Model TV, http://www.youtube.com/watch?v=QoAOzMTLP5s

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Visualisation

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Source: Business models Inc (2010)

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Business Model Canvas Sheet

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www.businessmodelgeneration.com

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Source: Osterwalder & Pigneur (2009)

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Business Model Generation Book

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Download a free 72 pages preview!

www.businessmodelgeneration.com

Source: Osterwalder & Pigneur (2009)

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