Key Activities
Innovation and Business Model
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| Module 1 | Innovation and Business Model |
| Unit 1 | Overview of Innovation Design Thinking |
| Unit 2 | Understand the Problem |
| Unit 3 | Ideate |
| Unit 4 | Prototype |
| Unit 5 | Evaluate and Refine |
| Unit 6 | Define your Customer Segments |
| Unit 7 | Define your Value Proposition |
| Unit 8 | Channel Strategies |
| Unit 9 | Customer Relationship Types |
| Unit 10 | Key Revenue Streams |
| Unit 11 | Key Resource Types |
| Unit 12 | Key Activities |
| Unit 13 | Key Partnerships |
| Unit 14 | Important Cost Structures |
| Unit 15 | Business Model Innovation Posttest |
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Hi, in this video you will know how to summarize the key activities in your business.
There are many daily tasks that are done within the business, but it is always important to be clear about what are the key activities that need to be conducted within the business to deliver on the value proposition that you are promising your clients. By identifying these activities, it would help you to prioritise the efforts taking place in your business.
Some of the common activities in a business include:
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Production activities which focus on the design, manufacturing and delivery of a product or service – common in manufacturing
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Problem solving which cover a lot of services businesses that work on addressing customer problems
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Platforms bring together users and clients on a common space for them to interact – Credit card companies, Software platforms, and online merchants are examples that have platforms as a key activity