Design and innovation of business model (Coursera)

The focus of this course is on four pillars:

1. Observation as a key element to discover business patterns.

2. The organization of complexity, the art of synthesis using visual thinking, mapping and system design.

3. The concept of white space as "potential activities not defined or mentioned in the current business model".

4. Storytelling and establishing contact.

Observation is a key aspect of discovering business patterns. Students will learn, through different cases and methodologies - some already seen - how to identify key elements of a business model. This includes the nature of an integrated business company in which we define the Business Model.

What would be different if managers thought like designers? Although many business people appreciate the power of design, a formal process for practicing it has been elusive - until now. In this course, the goal is to find a way to organize complexity, the art of synthesis using visual thinking, mapping, and system design, to connect elements as diverse as ideas, resources, transactions, values, and networks.

According to Mark Johnson, the blank space refers to "potential activities not defined or mentioned in the company's current business model; that is, the opportunities that exist outside its core and beyond its adjacencies; that require a different business model to be able to take advantage of them."

An important component of Business Model Design and Innovation is Storytelling and establishing contact. Using technology to connect with the audience is key. As part of the deliverables to be rated, entrepreneurial leaders should know about social media and technology-driven content, concentrating both on modeling how to use these technologies to connect and communicate with others, and how to achieve passion through networks.

Course 3 of 4 in the Innovation and entrepreneurship Specialization

Syllabus

WEEK 1: Introduction, Concept, and History of Business Models

WEEK 2: Strategy, innovation and organizational development as an integral part in the definition and design of business models

WEEK 3: Methodologies to Develop Your Business Model

WEEK 4: Different types of Business Models