The document summarizes a presentation by Dr. Erwin Fielt on business modeling for startups. It discusses various business model frameworks that can be used to holistically describe, analyze, design, and innovate business models. These include the Business Model Canvas, Four-Box Business Model, STOF model, and others. Examples are provided of business models for companies like Gillette, Southwest Airlines, Google Search, and Threadless. The Business Model Canvas is explained in more detail as a tool for visualizing the key elements of a business model.
1 of 16
Downloaded 50 times
More Related Content
Fielt - Business Modeling for Start-ups
1. Business Design and Innovation Circle
Business Modeling for Start-ups
Dr Erwin Fielt
e.fielt@qut.edu.au
Information Systems School
Queensland University of Technology
Wednesday, 9th of May 2012
2. Business Design and Innovation Circle
(Brisbane, Australia)
Organizers:
Michael Eales
Alan Scott
Erwin Fielt
Harpreet Singh
Matt Kelly
2 Erwin Fielt - Business Modeling for Start-ups 5/11/2012
3. Business models?
3 Erwin Fielt - Business Modeling for Start-ups 5/11/2012
4. Business models!
Sell the car
Sell car parts
Rent the car out
Taxi
Advertising
Mobile coffee bar
Racing
First prize in a lottery
...
4 Erwin Fielt - Business Modeling for Start-ups 5/11/2012
5. Source: Hugh MacLeod (http://www.gapingvoid.com/ )
5 Erwin Fielt - Business Modeling for Start-ups 5/11/2012
6. What about Gillette?
Razor and blade
6 Erwin Fielt - Business Modeling for Start-ups 5/11/2012
7. What about SouthWest Airlines?
Low-cost carrier
7 Erwin Fielt - Business Modeling for Start-ups 5/11/2012
8. What about Google Search?
Keyword advertising and auctioning
8 Erwin Fielt - Business Modeling for Start-ups 5/11/2012
9. What about Threadless?
Customer is the company
9 Erwin Fielt - Business Modeling for Start-ups 5/11/2012
10. Business model
A business model describes the value logic of an organization in
terms of creating and capturing customer value
The central element is the value proposition: the value (or
benefits) the provider promises to deliver to the customers
Often the focal organization is part of a business network, which
needs to be taken into account.
10 Erwin Fielt - Business Modeling for Start-ups 5/11/2012
11. How can you ............. a business model in a
holistic and systematic way?
Describe Analyse
Design Innovate
Communicate Etcetera
11 Erwin Fielt - Business Modeling for Start-ups 5/11/2012
12. Business model frameworks
The Business Model Canvas (Osterwalder & Pigneur)
The Four-Box Business Model (Johnson)
The STOF model (Bouwman, De Vos & Haaker)
Business Model Schematics (Weill & Vitale)
Technology/market mediation (Chesbrough & Rosenbloom)
Entrepreneurs business model (Morris, Schindehutte & Allen)
e3-value (Gordijn & Akkerman)
See also the whitepaper Understanding business models (Fielt, 2011),
available via http://eprints.qut.edu.au/41609/
12 Erwin Fielt - Business Modeling for Start-ups 5/11/2012
13. Business Model Canvas
Business Model TV, http://www.youtube.com/watch?v=QoAOzMTLP5s
13 Erwin Fielt - Business Modeling for Start-ups 5/11/2012
14. Visualisation
Source: Business models Inc (2010)
14 Erwin Fielt - Business Modeling for Start-ups 5/11/2012
15. Business Model Canvas Sheet
www.businessmodelgeneration.com
Source: Osterwalder & Pigneur (2009)
15 Erwin Fielt - Business Modeling for Start-ups 5/11/2012
16. Business Model Generation Book
www.businessmodelgeneration.com
Download a free 72 pages preview!
Source: Osterwalder & Pigneur (2009)
16 Erwin Fielt - Business Modeling for Start-ups 5/11/2012