Gary Hubbell Consulting’s Post

I love using the business model canvas (from Strategyzer, https://lnkd.in/gykSx3a8). The biggest benefit I think it brings when working with clients is that it surfaces nearly all the questions you need to ask about setting direction. I’ve used it in multiple sectors for about a decade and it’s pretty sweet. From simple settings to complex and fast-moving, it’s a real versatile tool. I use it with the client staff to dig deep into assumptions and detail. Later, a high-level version can be used to convey the plan and tell the story—to boards, et. al. There’s a myriad number of planning tools that work fine. This is just one of my favorites. What’s yours?

Excited to share that I have successfully completed the “Business Model Canvas Masterclass: How Business Models Work”!

In the video below I will walk you through the process of creating a Lean Canvas, a one-page business plan that helps you break down your product or business model, question and test your assumptions, and determine if your idea actually has a leg. #leancanvas #businessplan #business https://lnkd.in/ewzxrEX4

Design Thinking for Business Plan

This course will learn create Business Model Canvas by utilising the Miro platform

From Idea to Action: How to Build a Business Model Canvas

How to draw the Business Model Canvas? Business Model Canvas helps you succeed by simplifying the visualization of 1️⃣ how you deliver value to customers 2️⃣ how value is created  3️⃣ how your company captures value  :: The essence of your business – described with 9 building blocks. Knowing how to easily draw the Business Model Canvas simplifies drawing it on a whiteboard, in your notebook or even on a paper napkin. Simplifying how to easily draw the Business Model Canvas means that you won’t miss the chance to capture and remember a business idea when it is discovered. 👉It’s easy: All you need to know is how to draw a rectangle and how to write the letter T and the letter H. Have a look at the pictures! Easy right? Challenge: Draw a Business Model Canvas and upload the picture in the comments below 👇 The Business Model Canvas is easy to understand and well described in the book Business Model Generation (by Strategyzer). However, I often observe a threshold to get good collaboration started. 👉Contact me if you need help with a Business Model Canvas Workshop. Richard Nilsson, Simplifying AB #SimplifyingWorkshops #Strategy #Collaboration

Don’t bother with extensive business plans nobody reads. Set a Lean Canvas in just a few minutes to kick off your new idea. I used to write a lot of business plans. That was exhausting, and the result was more damaging than helpful. Here’s why: ❌ More speculation than reality ❌ Focus on analysis instead of progressing ❌ Predictability over exploring the unknown ❌ The plan quickly became the goal I found my way out with the Lean Canvas by Ash Maurya. It is a simple canvas on which you can see the big picture of your idea. Nine blocks simplify everything. Use my Miro template here: https://lnkd.in/dVYpnbVJ The combination of the blocks share a story that enables you to progress: 1. Customer segment: Clarity on who you serve 2. Problem: Alignment on the problem you aim to solve 3. Unique Value Proposition: The value you create for your customers 4. Solution: How you solve the problems identified 5. Channel: How you get your product to your customers 6. Revenue streams: Your revenue model 7. Cost structure: How you organize your business costs 8. Key metrics: How you measure success 9. Unfair advantage: Your competitive advantage Crafting a Lean Canvas is about getting together, clarifying what you know, and then moving on to test your assumptions and quickly adapt your business model. It’s not about setting something in stone and forgetting about it. Use your available knowledge to uncover value drivers. Let’s rock the product world together.

Lean Canvas has been my go-to method for defining any new product or startup idea I've had for the past few years. It's far better than the "Business Model Canvas" for new ideas (#Entrepreneurs and #ProductManagers). It can be a chore to start though... I mean, HOW do you start? If only there were an interactive way to automate this... Actually, it's the first thing I fully automated using #AI with Iteraite 😁 Ping me if you want to test it out... we automate the Business Model Canvas too, and a whole lot more (Beta to be released soon!)

I did a thing. Check out what I'm calling the Product Operating Model Canvas. This is 100% based on the various other canvases out there (business model canvas, Lean canvas, etc) but organized in a way that we can see how these things work together as a system. For me this fits nicely into my brain in terms of being able to visualize the relationships, but what do you think? Is this an improvement? Would you use it? If yes, what would you add or take away to make it relevant in your context? Edits: Realizing there is a bit of missing context from the original post. - This form would be used from left to right, with strategy and vision last. The idea with product operating model is to start by defining where value lives, and then to organize around that. Starting with the front end of the business is meant to uncover where the organization is misaligned as you work through. - You should be able to map financials from product definitions, to revenue streams, to value streams, to cost drivers. - cost drivers is also your organization and could be more clearly identified/possibly made into two boxes. After inputs your primary cost to run the business is of course all of the people who work in the business.