Session 4: Stage 3: Craft a business with a Human-centered Business Model

Stage 3: Craft Business to Know Viability.

This session focuses on all the aspects of crafting a business model. It highlights the importance of focusing on the value proposition for the key stakeholder, the user. This will also help you understand whether your business is aspiring to achieve ‘Quality’, ‘Cost’, ‘Efficiency’ or ‘Experience’ advantage over your competition. You will also be introduced to create value proposition. The Value-based business model framework will help you evaluate your business in a the wider context including technology, business models, industry, macro-economic, demographic and other trends. You will also learn to create an ‘Elevator pitch’ for your business and what are the key components to prepare for delivering an impactful pitch.