The Business Model Canvas is a strategic tool that can be used to challenge assumptions about your business model and drive innovation. It consists of nine building blocks: key partners, key activities, key resources, value propositions, customer relationships, channels, customer segments, cost structures, and revenue streams. To challenge assumptions, you can systematically review each block and ask critical questions. For example, are your value propositions truly meeting the needs of your customer segments? Are your key activities aligned with your value propositions? By questioning each component, you can identify areas for innovation and improvement.
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