Graham Evans come into our class to talk about business case modeling. He also talked about his past experience in business. He was a very entertaining person to listen too. While im am not a big fan about standing in front of everybody and saying my name and a fact about us, there are much worse things to have to do.
His expertise in business case modeling was impressive. This seemed like a very useful tool to analyze our business with. When using the different categories it was a lot easier to see the different parts of a business. The categories are This model included several key attributes such as Key Partners, Key Activities, Key Resources, Channels, Customer Segments, Cost Structure, Revenue Streams, Value Propositions, Customer and Relationships. Using this breakout we broke into groups using the idea of electronic recycling and each group got a attribute.
When every group had a couple ideas we came back together to see what everybody had come up with. Since the idea was very new to most of us, it was a little odd as there was some confusion as to exactly how the business would run. Or make money for that matter. It was still a good exercise in how to look at a business and see the different parts to make it run.
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