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P. 255
Mobilize Understand Design Implement Manage
objective Prepare for a successful Research and analyze Generate and test viable Implement the Adapt and modify the
business model design elements needed for the business model options, business model prototype business model in response
project business model design eΩort and select the best in the fi eld to market reaction
focus Setting the stage Immersion Inquiry Execution Evolution
description Assemble all the elements for You and the business model Transform the information and Implement the selected business Set up the management struc-
successful business model design. design team immerse yourselves ideas from the previous phase model design. tures to continuously monitor,
Create awareness of the need for a in relevant knowledge: custom- into business model prototypes evaluate, and adapt or transform
new business model, describe the ers, technology, and environment. that can be explored and tested. your business model.
motivation behind the project, and You collect information, interview After an intensive business model 249
establish a common language to experts, study potential cus- inquiry, select the most satisfac-
describe, design, and analyze and tomers, and identify needs and tory business model design.
discuss business models. problems.
book sections Business Model Canvas (p. 44) Business Model Canvas (p. 44) Business Model Canvas (p. 44) Business Model Canvas (p. 44) Business Model Canvas (p. 44)
Storytelling (p. 170) Business Model Patterns (p. 52) Business Model Patterns (p. 52) Visual Thinking (p. 146) Visual Thinking (p. 146)
Customer Insights (p. 126) Ideation (p. 134) Storytelling (p. 170) Scenarios (p. 180)
Visual Thinking (p. 146) Visual Thinking (p. 146) Managing Multiple Business Models Business Model Environment (p. 200)
(p. 232)
Scenarios (p. 180) Prototyping (p. 160) Evaluating Business Models (p. 212)
Business Model Environment (p. 200) Scenarios (p. 180)
Evaluating Business Models (p. 212) Evaluating Business Models (p. 212)
Business Model Perspective
on Blue Ocean Strategy (p. 226)
Managing Multiple Business Models
(p. 232)
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