The Business Model Canvas is developed by Alexander Osterwalder. The model is based on 9 building blocks. But what is a business model? According to Osterwalder: “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.”
The canvas method is something we (recently) apply in our foundation, I believe it’s a quite insightful tool. When I searched online for some additional info, I realized how popular this method is. Take a look at the youtube video and the (slideshare)links. In the first slideshare the music industry is described as we actually discussed in class (a few sessions ago).
Alexander Osterwalder has a blog (http://www.businessmodelalchemist.com/) where you can learn even more about this method.