disregard already answered in other post 380 PART S Reports and Proposale yzer C

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disregard already answered in other post

380 PART S Reports and Proposale yzer COMMUNICATION CHALLENGES AT Strateg You're a business development manager at Strategyzer with responsibility for expanding sales of the compay's Model Canvas training courses and apps. Use what you've learned in this chapter to address these information gathering and processing challenges. You may find it helpful to familiarize yourself with the Business Model Canvas by watching the two- minute decide wh ing the inf Summariz a. Con of qu of th video at businessmodelgeneration.com/canvas/bmc. INDIVIDUAL CHALLENGE: You've heard from a number of product managers and other mid-level business planners in big companies that they would like to use the Business Model Canvas but they b. Con Bus the con c. Pos can't convince company exscutives (their superiors, in other words) to give up the familiar approach of detaled business plans. You hit on the idea of a mini-course for corporate executives to help them understand the value of the canwas approach for early stage business planning. Before you can corvince Strategyzer's oon- tent development team to create the course, you need to provide rat Mo d R some evidence that Fortune 500 executives would be interested in devoting half a day to such a course. You cdecide to conduct some research to gauge executive interest in the miri-course and to identity the most important topics it should cover. What would be an effective problem statement for guiding your research? br TEAM CHALLENGE: Collect the problem statements you and your teammates generated for the individual challenge and choose the statement that the team finds most effective. Using that state- ment as a guide, discuss the following four approaches and

Explanation / Answer

Large differentiation with competitors in terms of quality, products and services increasingly becoming difficult. As soon as we adopt any change in quality, products and services soon competitors used to adopt it at their end also. But what if we could design better business model than our competitors ? Lets discuss some ways to improve business models.

1) Innovative Cost Structures: Cost structures are game changing in businesses, ensure that your cost structure is substantially better and different from your competitors, this can be done by adopting cost effective technologies for reducing manufacturing costs, labour cost and manufacturing time. Adopting latest technology also improve product quality and consistency.

We at strategyzer revolutionarize your cost structure rather than just trimming cost in some areas.

2) Innovative Marketing Tools: Amway one of the reputed brand has used people across the world to promote their brand rather than spending huge amount in developing supply chain in each country. Getting work done from others in cost effective manner helps to expansion of business and creating reputation of brand by users of product.

At strategyzer we provide you customized marketing plan where you can get work done from others and keep your mind free for business development.

3) Business Scale Up Plans: Latest scale up techniques where businesses can be expanded throughout the world without investment in infractructures, human resources by profit sharing with business associates, one of the perfect example for such scale up is Uber started with just 5,000 customers on their platform and now expended business all over the world. Varoius non digital businesses such as restaurants has used to sell franchising to expand their business.

4) Recurring Revenues: Automatic and consistent follow up with customers now a days increasing business profits significantly. Most of the online shopping sites keep information about products we searched and keep giving notification if any special offer for these products. Offering subscriptions to various services has generated opportunity of recurring revenues from same customers.

Carrying out same business with different and innovative approach can bring huge success. Strategyzer provides you such innovative solutions customized for your business needs. So lets come out of traditional manufacturing, selling and business development techniques and grow your business with Strategyzer.

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