Business Model Canvas Case Study

In order to do this, the enterprise has to carefully analyse the market environment. The company’s continued growth comes with a lot of strain on the internal structure of the organization. The management process and style have to be re-evaluated during this growth process. This may involve recruitment of non-owner-managers and development team to take the enterprise through the growth stage, failure to which the business may decline or even collapse. Apple has displayed this in the past with its restructure that first, saw Steve Jobs resigning from the company, and later on re-join it to spectacular success.

Additionally, for technology firms incorporating new technologies and using of relevant advertising tools to reach more clients and customers,

The Business Model canvas also helps entrepreneurs, employees and customers to comprehend how the organization puts into use and integrate its various components. By doing so, it enables the facilitating of communication with the players mentioned. This makes the starting point of a great discussion on the available business opportunities, how these activities can be made to bring out the mission and vision of the business, and in the identification of risk and failures in the future (Chesbrough, 2005). This model also helps the entrepreneur to consider various elements of the business both in part and also as a whole. This helps in the concentration on various components of a business, while ignoring other parts for in-depth analysis which enables the evaluation of the risk that may arise due to the inclusion of a certain component of a business without thorough consideration (Magretta,

For an entrepreneurial venture such as Apple, where at the beginning angle investors were employed (CNN, 1998) to its present state where the business is said to be in a period of stability, its structure of centralized decision making has transcended to the use of more sophisticated decision-making procedures (Blank, 2006) in the form of larger organization strategies. At this stage, the income generated from the sale of the firm’s products and services remains fairly constant. The business is said to have utilize all the available resource and cannot expand further unless a new management comes in to assist with new business idea and innovation. This may come in a change in corporate strategies and vision or also through a merger and acquisition direction to gain further inroads into new ventures and expansion of operations.

5. Management and Execution

For this part of the entrepreneurial life cycle, we look towards Apple’s future development in undertaking the management concepts and execution of its measures to achieve future success not only from a scalable business, but one that will allow it to continue to grow amidst the ever changing competitive landscape. This can be done through several key areas.

• Destructive