Key Elements of a Business Model

      
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			              Business Models > Best Practices
			            
			            	Chivandi, Lecturer, Zimbabwe
			            
	          		In my view, a business model has six key elements:
1. Growth strategies
2. Value proposition
3. Market segments
4. Value chain structure
5. Revenue model
6. Competitive strategy
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						            	Derek Lark, CEO, Australia
												
				                The Main Elements of a Generic Business Model

													Hi Chivande,

That list looks really good.

If you are including activities and resources in the value chain structure and costs in the revenue model then I would generally agree with your list.

Channels and relationships would fit within growth and competition too I suggest.

A business model is about building, delivering and capturing value.
				                
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