Q1) Now armed with a brilliant idea to improve your company’s business model, it is time to consider how to convince your executive team of your idea’s merit. Finding alignment between why your company exists (i.e., your purpose, cause, or beliefs), how you provide unique value, and what products and/or services you offer (or should be offering) is a great way to frame your proposed change. You identified the “How” in the value proposition above, so the only items remaining are “Why” you exist and “What” you offer. While there are many details surrounding your business model innovation, our focus here is not on the intricacies of implementation, but on the alignment of that innovation with the organization’s reason for existence. Please indicate your company’s ideal why, how, and what, which align with your proposed business model innovation.

1. Why –
2. How –
3. What -

Q2)

Section 4: Business Model Application – Please describe how one of the innovations you identified with blue text in section 3 solves a problem or opportunity your company is facing. Then, clarify the value proposition of the innovation with the following formula: “We help X do Y by doing Z”. Example: “We help doctors manage their time by syncing a calendar to an Apple Watch.” Finally, next to value creation, delivery, and capture, please describe the other components of your business model that would need to change to implement your innovation. You can write “No Changes Needed” if a segment should remain the same.

1. Please describe the problem you are going to solve or opportunity on which you can capitalize by innovating your company’s business model - -
2. Value Proposition -
3. Value Creation –  
4. Value Delivery –  
5. Value Capture –

Answer:

1. My product is Router . Wifi wireless router. Where We can use wifi through out the overall portion. We need to think more detail way. It has two wings one is marketing & sales another one is service. Basically this is a manufacturing the overall production. Basic requirement of produce router is to ensure wireless wifi to all over world. It is very much important to perform the basic operation. Basically we have various kind of products like 150Mbps, 300mbps,450mbps, 900mbps,1200mbps, evn for better game experience we have 5400mbps device also. According to overall speed and coverage we have this type of range. Even we have some SMB devices also. Like outdoor wifi booster for big auditorium , sports complex etc big spaces. This type of devices help to cover big area of use premises. Apart from this we have pocket router where 4G/LTE. It has a great impact on frequent use. Because carrying cost is zero. Anywhere you can carry this. It operates by Sim card. Apart from this we have smb switches and smart bulb also which is operate by app. It is very important part how we serve to customers. We serve them through service center and 3-yrs of warranty operation. Service for all products and even we can repair them and produce recycle products. It is very much important part where we can utilize the value of service. Service should be very clear and prominent where customer should be benefited. Within 5-days of return replacement is best thing they can do.

2.For value preposition basically it has two basic segments - product wise and customer wise. For product it is under benefits features and experience . Benefits means what is actually benefit we can get from products . Features means what is the other features they provide like ranges, IP capturing power,antenna and other features. Customer side points would be Wants, need, and buying behaviors. For value creation it is very much important where we can stand for this. First we need to think about expectation and discover then we need to focus on understanding of customer need and buying behaviors. Then we can think about their implementation of strategic plans. After that we can check how to create the value and finalize the result. Value delivery is like that where we can deliver the good moral values here. The behaviors , fact, understanding, culture, service, portfolio etc we can create more perfectly.