Building the Business Model for Corporate Entrepreneurs
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Building the Business Model for Corporate Entrepreneurs
This course is part of Corporate Entrepreneurship: Innovating within Corporations Specialization
Instructor: Daniel Gordon
9,727 already enrolled
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Skills you'll gain
- Business Planning
- Persona Development
- Financial Modeling
- Strategic Partnership
- New Business Development
- Interviewing Skills
- Customer Analysis
- Market Analysis
- Product Strategy
- Customer Insights
- User Research
- Target Market
- Corporate Strategy
- Value Propositions
- Sustainable Business
- Entrepreneurship
- Innovation
- Business Modeling
- Product Development
- Customer Relationship Management
Details to know
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- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate
There are 4 modules in this course
Led by Dan Gordon, a University of Maryland faculty member who teaches business modeling in the National Science Foundation's I-Corps Program, this course enables you to develop and apply the Business Model Canvas tool to scope a corporate challenge or opportunity. You will learn how to identify and communicate the nine elements of a business model: Customer Segments, Value Propositions, Channels, Customer Relationships, Revenue Streams, Key Resources, Key Activities, Key Partners, and Cost Structure.
Your completed project will be a customer-validated Business Model Canvas that outlines the business case for a new product or service to address your selected challenge or opportunity in a corporate context. This project is derived from four areas of focus in the course: • Identifying how to create and deliver value for existing and future customers of the company; • Learning how to extract value for the corporate venture in a sustainable fashion; • Conducting in-depth interviews to guide the customer discovery process for your corporate venture; and • Developing business models that encompass the product or service, customers, and economic engine that deliver on the corporate venture objectives. Try this course for FREE at https://www.coursera.org/learn/corporate-entrepreneurs-business-model
In this module, we will introduce how to create and deliver value for existing and future customers of the company through a customer-validated, business modeling methodology.
What's included
8 videos6 readings1 peer review
8 videos•Total 40 minutes
- Preview of the Course•2 minutes
- Welcome to Week One•3 minutes
- What is a startup?•3 minutes
- Customer, market, and value propostion•6 minutes
- Product-market fit: The heart of the business model•8 minutes
- Walk-through of the Business Model Canvas - Part 1•6 minutes
- Walk-through of the Business Model Canvas - Part 2•5 minutes
- How do you develop a business model?•7 minutes
6 readings•Total 16 minutes
- Welcome to Building the Business Model for Corporate Entrepreneurs•3 minutes
- Meet Dan Gordon•3 minutes
- Connect with your Classmates•1 minute
- Our Recommended Textbook for the Course•3 minutes
- Download the Business Model Canvas Poster•1 minute
- Accelerate Your Career with the #1 Online Master’s Degree for Startup Entrepreneurs and Corporate Innovators•5 minutes
1 peer review•Total 60 minutes
- Business Models of Innovative Corporations•60 minutes
In this module, we will examine how to identify real customers and conduct in-depth interviews to guide the customer discovery process for the corporate venture.
What's included
7 videos2 readings1 peer review
7 videos•Total 40 minutes
- Welcome to Week Two•3 minutes
- Why talk to customers? What do they know?•5 minutes
- How to get insights from customers•11 minutes
- Building a pipeline of customer interviews•5 minutes
- What to do before the interview•5 minutes
- What to do after the interview•4 minutes
- Cold calling 101•6 minutes
2 readings•Total 13 minutes
- Talking to Humans•3 minutes
- How to Interview a Customer (Optional)•10 minutes
1 peer review•Total 120 minutes
- Customer Discovery and Customer Validation•120 minutes
In this module, we will evaluate how to segment customers and develop a minimum viable product (MVP) with product-channel fit.
What's included
12 videos7 readings2 assignments
12 videos•Total 95 minutes
- Welcome to Week Three•3 minutes
- Why have customer segments at all?•6 minutes
- Customer segments, value propositions, and product features•13 minutes
- Customer types•9 minutes
- Customer segments and business models•6 minutes
- Customer archetypes•5 minutes
- Minimum viable product (MVP)•8 minutes
- Market size and sizing•9 minutes
- Physical and virtual goods•13 minutes
- Market types•10 minutes
- B2C and B2B markets•9 minutes
- Crossing the chasm•6 minutes
7 readings•Total 70 minutes
- An Introduction to Customer Segmentation•10 minutes
- In the Digital Era, People, Not Processes, Are Key (Optional)•10 minutes
- Know Your Customers’ “Jobs to Be Done” (Optional)•10 minutes
- What Is Value? The Costco Value Proposition (Optional)•10 minutes
- The Lean Startup Methodology (Optional)•10 minutes
- How To Design Your Next Minimum Viable Product (Optional)•10 minutes
- Business Model Generation•10 minutes
2 assignments•Total 60 minutes
- Value Proposition and Customer Segment Analysis•30 minutes
- Customer Types and Customer Archetypes Analysis•30 minutes
In this module, we will develop a business model that encompasses the product or service, customers, and economic engine that deliver on the corporate venture’s objectives.
What's included
10 videos6 readings1 assignment
10 videos•Total 66 minutes
- Welcome to Week Four•3 minutes
- The funnel of customer engagement•10 minutes
- What is a channel?•10 minutes
- Product-channel fit•7 minutes
- Cost structure•7 minutes
- The rest of the business model canvas•4 minutes
- Key activities•10 minutes
- Key partnerships•8 minutes
- Key resources•5 minutes
- Final Thoughts•1 minute
6 readings•Total 55 minutes
- The Elements of Value (Optional)•10 minutes
- You're Not Steve Jobs - You Need to Learn from Customer Behavior (Optional)•10 minutes
- Corporate Acquisitions Of Startups: Why Do They Fail? (Optional)•10 minutes
- Business Model Generation•10 minutes
- How To Turn Corporations Into Innovation Machines (Optional)•10 minutes
- Accelerate Your Career with the #1 Online Master’s Degree for Startup Entrepreneurs and Corporate Innovators•5 minutes
1 assignment•Total 30 minutes
- Developing Your Business Model•30 minutes
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Reviewed on Feb 19, 2024
The course is in-depth and well taught, There is a lot to learn and apply practically in this course for all Entrepreneurs.
Reviewed on Aug 31, 2020
I really liked the way Mr. Daniel Gordon delivers his point of view.
Reviewed on Oct 18, 2020
Really enjoyed the course. The concepts were presented in a very practical manner, with great examples and optional reading material.
Frequently asked questions
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When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
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