http://www.businessmodelgeneration.com/canvas Lesson 14- Research Assignment Ins
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http://www.businessmodelgeneration.com/canvas
Lesson 14- Research Assignment Instructions: View, "How to Build a Startup" by Steve Blank https://www.udacity.com/courselep245 After viewing, download the Business Model Canvas and develop it for your work, industry, or business concept to support the applicability of the Lean methodology: http://www.businessmodelgeneration.com/canvas Your essay should be approximately 400 words. Be sure to use proper APA punctuation as well as provide research references, part of the grade.Explanation / Answer
The course proposed by Steve Blank is exclusively for person who would like to move ahead with startup. Startup thinking is inevitable because it helps in connecting with people more active and stronger, understanding real time customer requirement and demand, understand the market etc. The course has a detailed structure which describes about various scenarios where they can understand the in depth knowledge of business.
The canvass will go in detail about the value stream mapping which helps in indentifying the areas to focus on and eliminate the areas with less value addition. canvas helps in depicting key areas such stakeholder interest, revenue of the company's, portfolio management, resource utilisation ,objectives and functions etc.it is a visual aid plus easy way to represent the overall.information.
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