BUY WITH CONFIDENCE
DESCRIPTION
To strategic objectives for all businesses are to propel growth and performance, while simultaneously creating value for customers.
While it is customary for managers to emphasize financial performance, effective managers pursue new opportunities in order to create added value. Business Model Diversification allows creation of value, if managed astutely, and can aid managers enhance performance and expand the goal of the enterprise.
The following 8 steps can be taken by managers to analyze their current Business Model portfolios to optimize them:
1. Identify Business Models
2. Identify Key Resources
3. Identify Key Capabilities
4. Identify Key Performance Indicators (KPIs)
5. Connect Model to Resources & Capabilities
6. Identify Interconnected Resources & Capabilities
7. Analyze
8. Monitor & Maintain
The framework also discusses 3 key questions, which were the basis of the framework that looked a multitude of organizations for analysis of their Business Models.
The study used the above 8 steps to analyze the Business Models of all the businesses.
The slide deck also includes some slide templates for you to use in your own business presentations.
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Source: Best Practices in Business Model Innovation, Business Model PowerPoint Slides: Business Model Diversification PowerPoint (PPTX) Presentation, LearnPPT Consulting
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