Sep 19

The Key Resources Building Block describes the most important assets required to make a business model work.

Every business model requires Key Resources. These resources allow an enterprise to create and offer a Value Proposition, reach markets, maintain relationships with Customer Segments and earn revenues. Different Key Resources are needed depending on the type of business model. Key resources can be physical, financial, intellectual, or human.

Answer these questions in order to form your Key Resources Building Block:

  1. What Key Resources do our Value Proposition require?
  2. What Key Resources  do our Distribution Channels, Customer Relationships  and Revenue Streams require?

Now go out there apply these strategies, create value, understand your customers need and keep repeating till you grow your business.

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