"Hi Nuno - something I should have added. Business Canvas centres (literally) on value propositions. These are vitally important and deserving of careful attention, but they are not the totality of business strategic thinking."
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Limitations and Assumptions of the Busines Model Canvas
Started this discussion. Last reply by Mike Lloyd Oct 3, 2012. 19 Replies 1 Like
I am a student from the Masters in Management program at NOVA School of Business and Economics, Lisbon, Portugal.Currently, I am developing my final work project about business models presented by…Continue
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Mike Lloyd replied to Nuno Bolas's discussion Limitations and Assumptions of the Busines Model CanvasMike Lloyd replied to Nuno Bolas's discussion Limitations and Assumptions of the Busines Model Canvas"Hi Nuno,
You might like to evaluate Business Model Canvas from a Systems Thinking perspective (Wikipedia has an excellent introduction to ST). This will give you a well-documented academic foundation with which to analyse BMC.
A practical…"
Sandra Pickering replied to Nuno Bolas's discussion Limitations and Assumptions of the Busines Model Canvas"Nuno,
I find the BMG works best with the addition of more detailed models in whichever 'box' is needed. In particular, I have always driven down in detail on the value proposition as manifest in a branded offer.
I use a well-tested…"
Alex Osterwalder replied to Nuno Bolas's discussion Limitations and Assumptions of the Busines Model Canvas"Nuno, the Canvas is based on my PhD dissertation, which you can find here:
http://scholar.google.com/scholar?cluster=5452906355585828894&hl=en&as_sdt=0,5
Good luck with your work,
A"
Erwin Fielt replied to Nuno Bolas's discussion Limitations and Assumptions of the Busines Model Canvas"Specifically focused on business models and the frameworks, of which the Canvas is only one, I made an overview and a descriptive, experience based (rather than critical or systematic) comparison, see the following link:…"
"@ Dave Roberts:
Bravo! Very well said. You present an excellent and a fair critique of the Customer Development Stack, which seems to be based on a Newtonian paradigm.
As you rightly note, Systems Thinking seems to be missing from the…"
Srinivasan N replied to Nuno Bolas's discussion Limitations and Assumptions of the Busines Model Canvas"Your points are well taken. I guess the model/canvas is as good as one can make it.
For instance there is no apparent visibility to how the business is funded which is an important criterion to start, run, sustain and evaluate a…"
Karl Burrow replied to Nuno Bolas's discussion Limitations and Assumptions of the Busines Model Canvas"Dave,
Interesting point and beyond thought provoking.
If you take a step back about 50+ years ago the lean and agile was first started by Taiichi Ohno of Toyota.
Karl"
Dave Roberts replied to Nuno Bolas's discussion Limitations and Assumptions of the Busines Model Canvas"I think its useful as a template for thinking about some of the critical dimensions of a business model but beyond that it really doesn't offer much value. They aren't saying anything new that hasn't been said for years by far more…"
Ian Perry replied to Nuno Bolas's discussion Limitations and Assumptions of the Busines Model Canvas"BMC is actually a good structure for the development commercial and profitable business platforms. However,I believe that it is not the best framework for non-profits and government departments due to:
(1) Its built in assumptions especially on the…"
Srinivasan N replied to Nuno Bolas's discussion Limitations and Assumptions of the Busines Model Canvas"Absolutely - "as the process provides enormous clarity." In fact it is a good exercise for any organization in any phase - startup, growth, peak or decline to 'Picture the Business" (as my friend Arunagiri graphically…"
Alan Smith replied to Nuno Bolas's discussion Limitations and Assumptions of the Busines Model Canvas"Social and environmental impact are outcomes, not building blocks. Just like profit is a financial impact, but not included in the canvas.
Using other frameworks for evaluating all impacts, and then adjusting the model to get more social or economic…"
Cheenu Srinivasan replied to Nuno Bolas's discussion Limitations and Assumptions of the Busines Model Canvas"You would be surprised that existing viable businesses find it useful yo create a BM canvas to understand their current business and that of their competitors (this includes alternative products and/or substitutes). This process works for all,…"
Nuno Bolas replied to Nuno Bolas's discussion Limitations and Assumptions of the Busines Model Canvas"Thank you Cheenu. I totally agree with you. I think the main limitation is that sometimes it appears to be more suitable for start-ups since it allows them to organize ideas, relationships and most of all define an operationalization process.
Nuno"
Profile Information
- Why are you passionate about business models and business model innovation?
- My masters work project will be based on the design/improvement of an existing business model.
- How would you best describe your level of expertise when it comes to business models?
- knowledgeable
- Who do you work for? What do you do?
- I am a Masters in Management student at the NOVA School of Business and Economics in Lisbon, Portugal.
- What industry do you mainly work in (e.g. financial services, telco, utilities, public sector, academia, pharma...)?
- Soccer industry.
Nuno Bolas's Blog
Limitations & Assumptions of The Business Model Canvas
Posted on October 3, 2011 at 12:31pm 2 Comments 0 Likes
Good morning,
I am a student from the Masters in Management program from NOVA School of Business and Economics.
Currently, I am developing my final work project about business models presented by football clubs in Portugal. To perform it, I intend to use the Business Model Canvas. Consequently, I will have to include in my thesis a theoretical framework about it including its limitations, assumptions, advantages and disadvantages. I can perform an analysis of the…
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