Key Resources

Key Resources

Brief

Resources allows your enterprise to create and offer a value propositions, reach markets, maintain relationships with customer segments, and earn revenues. different key resources are needed depending on the type of business model. (Resource rather than value)

 

Types

·Physical

Physical assets such as manufacturing facilities, buildings, vehicles, machines, systems, point-of-sales systems, and distribution networks like wal-mart or amazon.com.

·Intellectual property

Such as brands, proprietary knowledge, patents and copyrights, partnerships, and customer databases are increasingly important components of a strong business model. In fact, difficult to develop but when successfully created may offer substantial value.

For ex, Microsoft depend on software and related intellectual property developed over years.

 

·Human

Every requires human resources, but people are particularly prominent in certain business models. cite an ex, in knowledge-intensive and creative industries, humans resources are crucial.

 

·Financial

some business models call for financial resources and/or financial guarantees, such as cash, lines of credit, or a stock option pool for hiring key employees.

 

Resources

How do I use the Key Resources building block of the Business Model Canvas?

https://strategyzer.uservoice.com/knowledgebase/articles/1194367-how-do-i-use-the-key-resources-building-block-of-t

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