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What is Business Model Canvas

Handbook of Research on Smart Management for Digital Transformation
Is a model that describes the main elements for a new organization, such as the services to be offered, the target audiences, the channels that will be used to connect with the market, and the main activities that need to be performed to develop and bring the services to the market.
Published in Chapter:
Digital Transformation in the Feed Industry Business: The Development of the GMP+ International Academy for Knowledge Exchange on Feed Safety
Sunamita Iris Rodrigues Borges da Costa (Universidade Federal de Pernambuco, Brazil) and Johannes Willem Eduard Lodders (Hans Lodders Management BV, The Netherlands)
DOI: 10.4018/978-1-7998-9008-9.ch022
Abstract
Access to valuable knowledge about feed safety is crucial for the globalized animal feed business, which is linked to food production and, therefore, human health. However, due to differences between regions and actors in the production chain, the demand for knowledge varies strongly. Digital transformation helps to spread knowledge and to make it accessible throughout the globe, but there are some other conditions to make access to knowledge successful. The case of the development of the worldwide GMP+ Academy on feed safety shows that besides the application of digital tools and channels, a relevant but not competitive subject is essential, as well as the leading role and position of the organization that created the academy. Last but not least, successful knowledge sharing depends on collaboration and a clear value proposition for all stakeholders.
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More Results
Academic Library Innovation Through a Business Model Canvas Lens: A Case of South African Higher Education Institutions
The business model canvas is a strategic management tool that lets organization visualize and assess it business idea or concept. It essentially describes the business logic of a firm and how it creates, delivers, and captures value.
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The Past, Present, and Future of E-Business Models
One page summary of a business model which is a part of the lean start-up. It includes the headings of value propositions, key partners, key activities, key resources, customer relationships, customer segments, channels, cost structure, and revenue streams.
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Knowledge and Skills to Lead Effective Patient Organizations
Framework to represent how strategies can be implemented within an organization. The original version was developed for for-profit businesses and it is made of nine building blocks (customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, cost structure). In a not-for-profit version, the business model canvas contains two more building blocks (social and environmental costs, and social and environmental revenues).
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Creating Business Opportunities: Using Business Model Innovation Method to Enhance Online Knowledge Trading
A shared common language that can used to describe, visualize, assess, and change BMs and create new strategic alternatives.
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