Business Model Development
Business Model Development is the strategic capability of designing, testing, and refining a company's business model. This involves assessing operational efficiency, identifying market opportunities, and aligning resources effectively to achieve organizational goals. It requires skills in innovation, analysis, and strategic thinking.
Level 1: Emerging
At an emerging level, you are gaining familiarity with different business models. You can understand basic strategic concepts and identify key components of a business model, but application is yet limited.
Level 2: Proficient
At a proficient level you are able to effectively develop and adapt business models to align with strategic objectives, ensuring sustainable growth and competitive advantage within the organization.
Level 3: Advanced
At an advanced level you are adept at creating innovative and sustainable business models that align with the overall strategic direction of the organization, driving long-term success and competitive advantage.
