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Synopsis
So many of us have asked ourselves--what's a business model? What's a good business model? This book has all the answers--it explains what a business model is, what you have to do to get one, and what to do about the one you've already got. To be successful, your business model must be focused sharply on your customer. And you must think strategically about how to use your business model if you want to gain an advantage over your competitors. Whether an aspiring entrepreneur or a practicing manager who wants to create new business model, or a manager and leader who wants to understand, refine, and even reinvent a current model, this book will help with the creation, the delivery, and the capture of value. Business models describe the value proposition to the customer, the system that must be in place to create that value, and the logics needed to capture a reasonable share of that value for the _ rm. This book shows that the core of every business model is an agreement with your customers. If they don't get the value they are seeking, you won't either.
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About the Author
Starkville, MS; Professor of Management for the College of Business; Mississippi State University; Dr. Barbara Spencer is a professor of management for the College of Business at Mississippi State University. She teaches the capstone course in the MBA
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Business Model Design and Learning : A Strategic Guide
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Business Model Design and Learning: A Strategic Guide (Paperback or Softback)
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Business Expert Press 2/22/2013, 2013
ISBN 10: 1606494864
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Business Model Design and Learning : A Strategic Guide
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Business Model Design and Learning: A Strategic Guide (Strategic Management)
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Business Model Design and Learning: A Strategic Guide (Strategic Management)
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Business Model Design and Learning: A Strategic Guide (English)
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Business Model Design and Learning: A Strategic Guide
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Business Expert Press, US, 2013
ISBN 10: 1606494864
ISBN 13: 9781606494868
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Paperback. Condition: New. This book is aimed at aspiring entrepreneurs and practicing managers who want to create, identify, or articulate business models that will serve as the foundation for success for their businesses, as well as refine and even re-invent those models. It is based on the premise that the fundamental purpose of any business model is to create, deliver, and capture value. More specifically, business models describe the value proposition to the customer, the system that must be in place to create that value, and the logics needed to capture a reasonable share of that value for the firm. In addition, business models are viewed as boundary spanning entities that interact over time to transform industries. To explore and illustrate these ideas, business models are compared to maps, hypotheses, recipes, designs, stories, and agreements. Business examples will be used to anchor each chapter and perspective. The book will proceed as follows. First, the basic definition of a business model will be developed by drawing on and distilling key ideas from published research. It will be argued that the heart of the model is a value exchange agreement between the organization and the customer. To sustain this exchange, both parties must be able to extract their desired value, whether economic or social or both. Next, an illustrated business model framework will be provided and its components will be discussed. Third, a set of business model types will be explored and it will be shown how these models can interact to re-shape industries. As the book proceeds, the five ways of looking at business models will be explored with emphasis on the ways that adopting each perspective can stimulate entrepreneurs and managers to understand or create their business model, increase its performance potential, re-invent it, or develop a strategy to support it. The way that business models shape industry change will be explored from each perspective. Key considerations and questions to be asked by business leaders in formulating or assessing their business model will be provided. Seller Inventory # LU-9781606494868
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Business Model Design and Learning
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Understanding Business Models: A Guide for Entrepreneurs and Executives
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Business Model Design and Learning
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