
Business Model Generation
Business Model Generation is a framework that helps organizations design, visualize, and innovate their business models. It uses a tool called the Business Model Canvas, which outlines key components such as value propositions, customer segments, revenue streams, and cost structures. This approach encourages collaboration and creativity among teams, allowing them to understand how different aspects of their business interact. By mapping out the business model, companies can identify opportunities for improvement and adapt to changing market conditions, ultimately enhancing their chances for success.