The Innoboard management tools are AI-supported management tools that help you take your innovation performance to a new level.
Business Model Canvas explained in a nutshell
The Business Model Canvas is a strategic management tool for developing new business models. Developed by Alexander Osterwalder, it divides the business model into nine basic building blocks: customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships and cost structure. These building blocks cover the four main areas of a company: customers, offerings, infrastructure and financial profitability. By completing the canvas, companies and organizations can develop new models or revise existing ones.
With the Business Model Canvas in INNO-VERSE, the CoCreator develops innovative business models together with you.
Proper use of the Business Model Canvas approach
- Navigate to the tools or to your workspace and click on Create new + to create a new Innoboard (details on creating an Innoboard can be found under Creating an Innoboard as Workspace administrator or Creating a new Innoboard as Workspace member. Depending on your workspace role, different setting options are available to you)
- Select the template Business Model Canvas and click on the arrow button at the bottom right (>)
- When filling out the description field of the Innoboard, make sure to briefly but accurately describe the market environment or the problem area for which a business model is to be developed, as this description field will be given to the CoCreator as a basic prompt when generating the post. It may also be helpful to outline the core issues for which the business model will be developed.
If you want to develop business models freely, without specifications, then leave the description as general as possible (e.g., you can write "We want to develop innovative business models for our company"). - Click Create Innoboard
Every new contribution now becomes an innovative business model approach.
For more information on setting or application options, follow the respective contributions:
| Note: If you created your Innoboard as a Workspace administrator in advanced mode, your Innoboard is a draft and you must publish it to work with it (in the right-hand box on the Innoboard Information page you will find the Publish Innoboard button). |