![]() Transparency, simplicity, and focus are great facilitators of the ‘creative destruction’ a good innovation program needs, and the Canvas does a nice job of delivering that across lines of business. If you think you’re doing a lot better than that with substantial new innovation investments (a startup or a new line of business inside an enterprise) you’re probably throwing good money after bad. A good VC in early stage investments succeeds with a prevalence of something like a 1/10. A company that wants to innovate has to be ready to be wrong. This matters a lot- more than most people think. Also, it’s highly amenable to change on the margins. The short answer is this: because it’s simple yet focused and that means more of your audience is likely to pay attention to it. You can try Omnigraffle for free (the basic paid version is $99). It has a fairly easy to use layering environment which you may find handy as you want to tinker with and produce different views of the canvas. *Omnigraffle a popular diagramming program for the Mac. ![]() This one needs a little more set up but has lots of features This one uses layering to manage the canvas LINK TO INSTRUCTIONS This uses the presentation app in Google Doc’s, which does a pretty good job of exporting to PowerPoint.LINK TO INSTRUCTIONS You can take any of these and project them on to a whiteboard for group sessions If the canvas is working for you, you’ll probably end up editing it a lot and presenting it, so there are a few options below for documenting your canvas in an editable format:ĭocumenting the Canvas in Google Doc’s or MS Office (PowerPoint)ĭocumenting a canvas (if you have a Mac & Omnigraffle) However, if you’re ready to put together something a little more formal (for distribution, presentation, etc.) here’s a Google App’s template you can copy or download as MSFT PowerPoint: The first time you engage with the canvas, I recommend printing it out or projecting it on a whiteboard and going to town (see below for a PDF). Transparency: Your team will have a much easier time understanding your business model and be much more likely to buy in to your vision when it’s laid out on a single page.Flexibility: It’s easier to facilitate alignment by tweaking the model and trying things (from a planning perspective) with something that’s sitting on a single page.Focus: Stripping away the 40+ pages of ‘stuff’ in a traditional business plan, I’ve seen users of the BMC improve their clarify and focus on what’s driving the business (and what’s non-core and getting in the way).The Canvas is popular with entrepreneurs and intrapreneurs for business model innovation. Cost Structure: What are the business’ major cost drivers? How are they linked to revenue?.Key Partnerships: What can the company not do so it can focus on its Key Activities?.Key Resources: What unique strategic assets must the business have to compete?.Key Activities: What uniquely strategic things does the business do to deliver its proposition?.Revenue Streams: How does the business earn revenue from the value propositions?. ![]()
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