1. First understand how your current model works
1.1. Understand the CVP, and consider the other 3 elements.
2. New Buisness Model
2.1. For radical new products
2.1.1. Help people turn a want into a need
2.1.2. Help people get an everyday job done in a creative and efficient way.
3. Reinventing your Buisness Model
4. "consists of four inter- locking elements that, taken together, create and deliver value."
4.1. Profit formula.
4.1.1. "The profit formula is the blueprint that defines how the com- pany creates value for itself while pro- viding value to the customer. "
4.1.1.1. Revenue model
4.1.1.2. Cost Structure
4.1.1.3. Margin Model
4.1.1.4. Resource Velocity
4.2. Key resources.
4.2.1. "Key resources. The key resources are assets such as the people, technology, products, facilities, equipment, channels, and brand required to deliver the value proposition to the targeted customer."
4.2.1.1. People
4.2.1.2. Technology, products
4.2.1.3. Equipment
4.2.1.4. Information
4.2.1.5. Channels
4.3. Key processes.
4.3.1. Successful companies have operational and managerial processes that allow them to deliver value in a way they can successfully repeat and increase in scale.
4.3.1.1. Processes
4.3.1.2. Rules and Metrics
4.3.1.3. Norms
4.4. Customer value proposition (CVP)
4.4.1. "a way to help customers get an important job done."
4.4.1.1. Target Costumer
4.4.1.2. Job to be done
4.4.1.3. Offering
5. In order to achieve a great buisness model you may want to compare your product / service with your competition's. This way you will find your unique selling point using the 4 key elements of the buisness model and be succesfull.
5.1. Though there are rules, norms and metrics standing in your way and need to be considered for a succesfull buisness model.
5.1.1. Financial
5.1.2. Operational
5.1.3. Other