Key Activities Business Model [portable]

Key Activities in the Business Model Canvas: The Engine of Your Venture

Step 1: Reverse Engineer from the Value Proposition

Write down your top 3 value propositions. For each one, ask: "What specific action must we take to make this promise real?" key activities business model

Furthermore, you must decide what to keep in-house vs. outsource. When you outsource an activity, you are not eliminating it; you are simply moving it to the Key Partnerships block. The moment you outsource your core Key Activity, you lose your soul. (Remember when BlackBerry outsourced software development? The result is history.) Key Activities in the Business Model Canvas: The

Maintaining relationships, collecting feedback, and customer advocacy . How to Identify Your Key Activities Most business activities fall into three primary categories:

2. The Producers (Manufacturing & Goods) For Toyota, Apple’s supply chain, or a craft brewery, the primary activity is designing, making, and delivering physical things. This world revolves around production efficiency, supply chain logistics, and quality control. The fascinating tension here is between scale and scarcity. When production is your key activity, you are in a constant war against waste. Lean manufacturing isn't a philosophy; it's a survival mechanism.

Menu creation, unique flavor experimentation, and hiring/training employees. Human Resources:

• Focus: Consultation, knowledge management, training, and customized service delivery.
• Example: For a management consulting firm like McKinsey, the key activity is not building a widget, but analyzing client data, forming strategies, and presenting solutions. Their activity is intellectual and relational.

Most business activities fall into three primary categories: