The business model is the machine with which you practice your future orientation, specifically the mission, positioning and vision in your day-to-day business.
The business model is the machine with which you put your future direction into practice in day-to-day business, specifically your mission, positioning and vision. When describing the business model, you must not stay generic. In the business model, you need to clarify all necessary details of how your company works. In a way that someone new to your company can understand and apply. If you wanted, in the extreme you could expand the description of your business model into a company handbook with precise descriptions of all systems and processes. Alexander Osterwalder did pioneering work by de