The best quotes of “Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers”

The best quotes of "Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers". The best quotes of "Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers" "companies should focus on one of three value disciplines: operational excellence, product leadership, or customer intimacy." "One way multi-sided platforms solve this problem is by subsidizing a Customer Segment. "A Value Proposition creates value for a Customer Segment through a distinct mix of elements catering to that segment’s needs. Values may be quantitative (e.g. price, speed of service) or qualitative (e.g. design, customer experience)." "A business model really is a system where one element influences the other; it only makes sense as a whole. Capturing that big picture without visualizing it is difficult. In fact, by visually depicting a business model, one turns its tacit assumptions into explicit information. Visual techniques give “life” to a business model and facilitate co-creation." "Businesspeople don’t just need to understand designers better; they need to become designers."

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The best quotes of “Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers”

“companies should focus on one of three value disciplines: operational excellence, product leadership, or customer intimacy.”

“One way multi-sided platforms solve this problem is by subsidizing a Customer Segment. Though a platform operator incurs costs by serving all customer groups, it often decides to lure one segment to the platform with an inexpensive or free Value Proposition in order to subsequently attract users of the platform’s “other side.” One difficulty multi-sided platform operators face is understanding which side to subsidize and how to price correctly…

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