Finding new ways to destroy things
The increase in the number of companies that do things the old way as innovation increases
The rise of innovation with the demise of the old way of doing things
The ability of newcomers to take advantage of new technologies to be profitable
GPU or Video card
Data is mutable
Data is scalable
Data is reinforceable
Data is defensible
Organizations rely on their resources and technologies to crush new entrants.
Organizations change strategic or technology direction based on marketplace information.
People use the ball of their feet to change direction suddenly.
An organization creates internal competition among its units like an external marketplace.
Favors customer feedback over intuition
Favors elaborate planning over experimentation
All of the above are true of a “lean startup”
Favors iterative design over “big design up front” development
Identify the different customer segments and the parts of the business model that are relevant to providing the value proposition to the customer segment
Identify the portions of the business model that are relevant to generating revenue and profit to the organization
Identify the sequence of primary and support activities within the organization used to generate value for the customer and margin to the organization.
Identify the costs associated with the variety of resources and activities undertaken by the organization to provide the value proposition
The right side of the canvas is generally related to revenue generation, while the left side of the canvas is generally related to costs.
The customer group's identity describes who our value proposition targets.
The channel component describes how we will deliver or reach our customers with the value proposition.
All of the above statements are true.
None of the above statements are true.
Design the potential solutions
Position the organization to generate value
Identify the goals of the organization
Analyze the existing situation
Identify the specific requirements of the system
Products, Information, and Customers
Processes, Data, and Technology
Content, Experience, and Platform
Data, Technology, and People
Customer Relationships, Value Propositions, and Revenue
A company launching a private online community
Airlines paying Rolls-Royce a fee for servicing airline engines
Amazon.com inviting customers to write reviews
Netflix recommending movies and television shows to customers
All of the above are examples of organizations maintaining customer relationships
Reduction of risk and uncertainty
A prototype built by the project team sent to the user
A presentation given by the project team to the stakeholder of the project.
A signoff by a project sponsor on the phase of the project
A report written by the project manager to the project's sponsor.
Improving the ongoing operations of the organizations
Helping the organization set its goals.
Reducing risks, cutting costs, and improving success rates
Helping the organization waste money.
Design and Development of the new iPhone X
Restoration of power after Hurricane Irma
Planning a vacation
Form of Gantt chart used to display the critical path of a project.
Control chart designed to facilitate stakeholder analysis and implementation
Description of tasks, numbered and arranged in layers of detail
A model describing a sequence of activities in a business process.
Date-based schedule that identifies a critical path through the project
Here's an interesting quiz for you.