Key Activities = Most important things a company must do to make its business model work
Questions to ask ourselves while thinking about Key Activities:
These are some ways to categorize Key Activities:
Company |
Business Model |
Key Activity |
Microsoft |
Software Maker |
Software Development |
Dell |
PC Manufacturer |
Supply Chain Management |
McKinsey |
Consultancy |
Problem Solving |
Questions to ask ourselves while thinking about Key Activities:
- Our Value Propositions require what type of Key Activities?
- Our Distribution Channels require what type of Key Activities?
- Our Customer Relationships require what type of Key Activities?
- Our Revenue Streams require what type of Key Activities?
These are some ways to categorize Key Activities:
- Production:
- Example: Activities like: Designing, Making and Delivering a Product in substantial quantities or of superior quality.
- Production activity dominates the business model of manufacturing firms.
- Problem Solving:
- Activities include - coming up with new solutions to individual customer problems.
- Example: operations of consultancies, hospitals and other service organizations are typically dominated by problem solving activities.
- Their business models call for activities like: knowledge management and continuous training.
- Platform / Network:
- Business models designed with a platform as a key resource are dominated by platform or network related key activities.
- Networks, matchmaking platforms, software and even brands can function as a platform.
- eBay's business model requires that the company continually develop and maintain its platform: the website at eBay.com.
- Visa's business model requires activities related to its Visa credit card transaction platform for merchants, customers and banks.
- Microsoft's business model requires managing the interface between other vendor's software and its Windows operating system platform.
- Key activities in this category relate to platform management, service provisioning and platform promotion.
No comments:
Post a Comment