business model canvas

The business model canvas, and its sister format the lean canvas, has become cemented in the lexica of entrepreneurship, strategy, and innovation. While its form is familiar to many, its use is quite varied. The relative experience and skill with which it is wielded is a significant factor, but just

For many startups pivoting means moving away from what they are doing that isn’t working, but for larger organizations, the pivot is often about expanding and leveraging. Your pivot points come from your business model canvas, which gives you your base menu you can build your strategic plan off of.

Blind spots occur in business when we naturally move toward the areas of business we are most comfortable and interested in and neglect the areas that don’t hold our focus. The business model canvas helps bring into focus neglected areas so that we can take action and improve the business.

Your business model helps identify who needs to be brought into the conversation when you are making a change in the company. The phrase, “I don’t know” means that you are missing key people in your conversation.

The business model canvas is not solely for the benefit of entrepreneurs, all businesses can benefit from it especially when evaluating changes in their business model. The business model canvas is a tool that businesses can use to facilitate a dialog around where your business model currently is, where it needs