Digital Transformation: Our World is Evolving, Is Your Company?
Digital Transformation: Our World is Evolving, Is Your Company? Just out of curiosity… What was the first thing you did today? You just stepped into line at the DMV, what do you do? How has your job changed over the past 10 years? Or if you haven’t been in the workforce that long, did your job even exist a decade or two in the past? And finally, last time you made a purchase for a Christmas gift, how did you decide what to buy and where to buy it? No doubt, technology has changed the way we live. We are constantly connected, always being advertised to and last year’s “ways of working”...
Read MoreThe Business Model Canvas
The Business Model Canvas Now that we’ve spoken about the Business Idea Canvas, our next tool in line is the Business Model Canvas. This revolutionary tool is a simple, yet powerful method for setting structure to your business idea/new product/new branch of your existing business in order to understand your “business model.” Well, that’s a catchy, often over used term, but what is a business model? Investopedia defines it as: “The plan implemented by a company to generate revenue and make a profit from operations. The model includes the components...
Read MoreThe Big Idea Canvas
The Big Idea Canvas So you have this great idea to start a new product line, to make a new branch in the company or to start a brand new business. Well, does it have potential? That’s where the Big Idea Canvas comes in. The Big Idea Canvas is a very useful tool to analyze any new or planned changes in your business model. It will take you through five main areas to discover your idea’s potential: Pain of the Customer – Who is your customer, what is their pain and how bad do they need your remedy? Potential of the Market – Is this a big enough problem to...
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