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NYU Business Model Canvas Paper

NYU Business Model Canvas Paper

Description

Development of the Business Model Canvas (BMC) typically begins with the value proposition expressed in terms of the offerings made to meet market/customer needs. This is what distinguishes an enterprise from its competitors.

An enterprise must put an infrastructure in place in order to deliver value to the market/customers. The infrastructure includes:

key activities performed to realize the value proposition;

key resources that are necessary to create customer value; and

key partners that deliver customer value indirectly or directly via collaboration with them.

Share your thoughts, ideas, and questions regarding which of the 9 elements are the most important. Include specific real-world examples of business success or failure to help explain your position.

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