The business model is a conceptual structure that describes how an organisation creates value. It brings together the plans for the organisation achieving its purpose and goals in a viable way.
The model provides detail that builds on the business strategy to show dependencies within the organisation, with external stakeholders including customers and partners, and how each component comes together.
Our experts help organisations to set their purpose and vision, then validate alignment between the purpose and how the organisation allocates resources to deliver value.
A business model describes:
- The customers, the products and services provided by the organisation, and communication and distribution channels for delivering goods and services
- The position of an enterprise within its value network and the nature of its business relationships
- The arrangement of resources and activities
- The economics of an enterprise – how it creates value, and derives revenue from that value to recover the cost of delivery