Today I was invited to do a lecture/workshop at the Swiss Federal Institute of Technology Lausanne (EPFL) in Jeffrey Huang's class on the Interactive City where they discuss the future of banking architecture.
Find more about my work at http://business-model-design.blogspot.com
14. sketching business models VALUE PROPOSITION COST STRUCTURE CUSTOMER RELATIONSHIP TARGET CUSTOMER DISTRIBUTION CHANNEL VALUE CONFIGURATION CORE CAPABILITIES PARTNER NETWORK REVENUE STREAMS INFRASTRUCTURE CUSTOMER OFFER FINANCE a business model describes the value an organization offers to various customers and portrays the capabilities and partners required for creating, marketing, and delivering this value and relationship capital with the goal of generating profitable and sustainable revenue streams
15. building blocks VALUE PROPOSITION COST STRUCTURE CUSTOMER RELATIONSHIP TARGET CUSTOMER DISTRIBUTION CHANNEL VALUE CONFIGURATION CORE CAPABILITIES PARTNER NETWORK REVENUE STREAMS gives an overall view of a company's bundle of products and services portrays the network of cooperative agreements with other companies describes the channels to communicate and get in touch with customers describes the arrangement of activities and resources explains the relationships a company establishes with its customers sums up the monetary consequences to run a business model describes the revenue streams through which money is earned describes the customers a company wants to offer value to outlines the capabilities required to run a company's business model INFRASTRUCTURE CUSTOMER OFFER FINANCE
17. Group 1 VALUE PROPOSITION TARGET CUSTOMER DISTRIBUTION CHANNEL value proposition 1 value proposition 2 … distribution channel 1 distribution channel 2 … target customer 1 target customer 2 … CUSTOMER OFFER describe how a private bank reaches its customers
18. Group 2 VALUE PROPOSITION TARGET CUSTOMER CUSTOMER RELATIONSHIP value proposition 1 value proposition 2 … relationship type 1 relationship type 2 … target customer 1 target customer 2 … CUSTOMER OFFER describe the type of relationships a private bank builds
19. Group 3 VALUE PROPOSITION PARTNER NETWORK CORE CAPABILITIES value proposition 1 value proposition 2 … core capability 1 core capability 2 … partner 1 partner 2 … INFRASTRUCTURE OFFER describe the partners that leverage a private bank’s business model
20. Group 4 TARGET CUSTOMER REVENUE STREAM revenue stream 1 revenue stream 2 … target customer 1 target customer 2 … FINANCE VALUE PROPOSITION value proposition 1 value proposition 2 … OFFER CUSTOMER describe how a private bank makes money
25. a visual strategy (fictive example) Financial Client Internal processes Development an integrated private banking service targeted at the world’s top sports professionals highly performing financial products that are understandable to the layperson a regular segmentation analysis of potential clients a performing IT platform systematic approach to customers vision: we’re recognized by our clients, our people and our competitors through our apprehensive financial products A primary source of growth and a profit centre for the Pictet Group operation of a professional customer research facility project management skills professional ways of working aligned human resources aligned IT aligned organization management of talent low cost/income ratio Grow assets under management (AuM) operation of a process design and management team