The Business Model CANVAS

The Business Model CANVAS

If you are teaching any type of business class, the Canvas Model is an excellent tool for students and business people alike to assist with organizing ideas and actions. In a nut shell, Wikipedia describes the "Business Model Canvas is a strategic management and lean startup template for developing new or documenting existing business models. It is a visual chart with elements describing a firm's or product's value proposition, infrastructure, customers, and finances."

An example of the Canvas Business Model

Some Benefits of using the Canvas Model:

1. Focus - narrows done ideas to make them manageable
2. Speed and Agility - It is just as easy to change as it is to create the model
3. Common Language - It is transparent to all who look at the Canvas
4. Value Proposition - It is centered on the key factor that drives the business

Some Great Resources:

Content - Description of the nine parts of the Canvas Model

Strategyzer - print material and books related to Canvas

Canvanizer - online tool with a yearly subcription

bmFiddle - free online tool

Forbes - Article on Canvas

Youtube - Tutorial Videos

Are their other applications to the Canvas Model? Maybe Science, Math....
Please post your thoughts.