How to Avoid Mistakes When Building the Osterwalder Model

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This model can be created using standard techniques: brainstorming, storytelling, script writing, graphic interpretation, etc.

When using techniques, the specifics of individual components of Osterwalder's business model can be taken into account. A good effect is achieved by combining different techniques: an integrated approach allows for a comprehensive consideration of the situation. It makes sense to use the services of independent experts to take into account any possible developments.

How to Avoid Mistakes When Building the Osterwalder Model

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Teamwork helps to focus on south korea email list the single goal of developing the model and reduces the risk of creating false impressions about the firm's activities.

When forming a team, you need to take into account various factors:

Type of model: for business, specific product or project.

Departmental areas of responsibility. If the model describes the business as a whole, it is better to involve department management and top managers in the work. For a specific product or service - people who control processes and deal with the specified product. For a specific project - a project team.

What else should you pay attention to when building Osterwalder's business models in order to avoid making mistakes?

Consider both direct and indirect competitors with a common target audience
You will need information about foreign competitors to expand your current capabilities. Study recent publications, follow development trends in the field you are developing. Also pay attention to indirect competitors.

As a result, you will have serious prerequisites for creating a truly valuable product and taking a favorable market position. Try not to limit yourself to one source of data and do not focus only on direct competitors. Use the most relevant resources whenever possible.

If you do not comply with these requirements, it will be much more difficult for you to achieve the desired result. Your products will not attract attention, and the business model will be ineffective. If you have not yet foreseen this, analyze the competitive environment and study the trends of the Russian and foreign markets.

When you are unable to find solutions to key issues, do not hesitate to seek advice from experts in the field in question and get the opinions of stakeholders from among your employees.