Use this online collaborative board to combine value chain visualization with a business model canvas to create clarity on a current business or imagine a more disruptive one.
Value chain visualization is a handy management tool which identifies the activities that go into creating a superior product or service that is highly valued by customers. The outcome of creating this highly valued product is that customers are willing to pay a premium price. One that exceeds the expense of developing, creating, and delivering the offering thereby creating higher profit for your organization. Breaking down beneficial activities and identifying what creates value across your ecosystem helps any team visualizes their current or potential competitive advantage. It will inform decision aroun
d future products, services, and business models.
Creating a business model canvas offers a clear view of your overall business. It’s a powerful tool to help your team ensure your team is in agreement and see where you need to focus your time and attention as you grow your business. It simplifies the rationale of how an organization creates, delivers, and captures value. It allows you to visualize the strengths and weaknesses of your model so you can create a brilliant action plan.
Watch this quick video on combining value chain visualization and a business model canvas to produce outcomes: