Business Model Canvas

A strategic management visual chart developed by Alexander Osterwalder that allows organizations to describe, design, challenge, and pivot their business model. The canvas has nine building blocks: customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure. In RBPM, the Business Model Canvas is used to understand the business model and its implications for objectives and risks. It helps organizations identify where risks might emerge and ensures that risk appetite aligns with the chosen business model.