Since we’ve launched the first version of the Business Model Blocks about a year and half ago, we have been surprised by the enthusiasm and the number of people that started to use the blocks to visualize their business models. With all the feedback that we received from users, it was about time for an upgrade! Over the last two months we’ve reworked the initial 10 blocks to a brand-new set of 16 building blocks (thanks Tijl Piryns for the design!). You can have a look at ‘the making of‘. On the level of stakeholders we added four blocks: My Organization, Supplier, Government, and Non-profit. On the level of exchangeable objects we added: Data, Rights, and Credits. Attention and Exposure where merged into one building block. Check out the new Business Model Blocks template and let us know what you think:
Through a series of prototypes and workshops, we’ve found that the extended set better suits the subtleties of business models across different sectors. The new BM Blocks were used for the first time at our Business Model Tastings in Hasselt and Ghent (someactionphotos). What else? Brainstorm kits with magnetic blocks, business modeling with the blocks on the iPad,… stay tuned! What do you think? Send us your feedback via the contact form or directly to @philderidder/@nickdemey on twitter (tag: #bmblocks).
Are you creating a consortium, open innovation partnership, joint venture or other form of alliance? Be sure to check if you covered all key elements of the business model. Organizations form alliances for a multitude of reasons: penetrate new markets, offer a more complete solution, share and reduce risks, access new technologies, etc. However, despite [...]
Identifying and certainly explaining your business model is often the most challenging part of communicating your start-up ideas. The business model needs to give a clear answer on questions like: How will you make money? How does this compare to your cost base? Which partners and processes are driving your operations model? What is your [...]
Earlier this week, Google expanded its Google Docs functionalities with a new and promising Drawing Tool. One to try out for (collaborative) business modeling! While you might have used our business model template (ppt) or the print and cut-out version (pdf) before, check out the new Business Model Drawing Tool to test GDocs new functionalities. [...]
Several companies, entrepreneurs and lecturers have asked us if they can use our 10 building blocks to vizualise their business concept. Companies like Beebole as well as students used the mapping tool already to communicate their ideas. We are working on a basic online app to sketch business models yourself, but in the meantime you [...]
All our business model examples are visualized with this set of 10 building blocks. To give more insight in how this works, we give a brief overview of the different building blocks. Using a common, visual language enables you to easily communicate business models to different audiences, to learn from successful models in other industries, [...]
One of the first business models that we will add to our business model catalog will be that related to the ‘free economy’. The concept of ‘free’ has already disrupted a number of industries, and no doubt other industries will follow soon. The book industry will probably be one of those, as youngsters are already [...]
About Board of Innovation an international office focused on new business models. With this platform we visually capture strong business ideas from around the world.