Career Specific

Viable Business Model Development

“Viable Business Model Development” micro-credential empowers you to deeply understand your target customers/users through Business Model Generation, providing invaluable insights for success. It helps you gain the ability to develop and transform your validated solutions or innovations into sustainable business models, thinking holistically about your venture and understanding how different components interact to create and capture value.

Overview

Note: This is the micro-credential in the “Startup Essentials" stack.

Competency

Learners develop business models by thinking holistically and iterating on viable components to create and capture business value.

How ?

Learners are able to apply the Business Model Canvas methodology to iteratively develop, test, and refine viable business models by holistically analyzing customer segments, value propositions, channels, revenue streams, and key resources and its relationship.

Method overview

Apply the Business Model Canvas methodology (BMC), which can help in designing, analyzing, and iterating business models by understanding

the nine elements of the BMC and
the testing and validation processes.

How can you achieve ?

To validate the competency, design business model concepts with a written report of the 9 building blocks of the framework, and include a testing plan and results after validating the BMC assumptions.