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Building the Business Model for Corporate Entrepreneurs

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Building the Business Model for Corporate Entrepreneurs

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Gain insight into a topic and learn the fundamentals.
4.6

85 reviews

Beginner level
No prior experience required
1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
4.6

85 reviews

Beginner level
No prior experience required
1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

Build your subject-matter expertise

This course is part of the Corporate Entrepreneurship: Innovating within Corporations Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • 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 videosTotal 40 minutes
  • Preview of the Course2 minutes
  • Welcome to Week One3 minutes
  • What is a startup?3 minutes
  • Customer, market, and value propostion6 minutes
  • Product-market fit: The heart of the business model8 minutes
  • Walk-through of the Business Model Canvas - Part 16 minutes
  • Walk-through of the Business Model Canvas - Part 25 minutes
  • How do you develop a business model?7 minutes
6 readingsTotal 16 minutes
  • Welcome to Building the Business Model for Corporate Entrepreneurs3 minutes
  • Meet Dan Gordon3 minutes
  • Connect with your Classmates1 minute
  • Our Recommended Textbook for the Course3 minutes
  • Download the Business Model Canvas Poster1 minute
  • Accelerate Your Career with the #1 Online Master’s Degree for Startup Entrepreneurs and Corporate Innovators5 minutes
1 peer reviewTotal 60 minutes
  • Business Models of Innovative Corporations60 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 videosTotal 40 minutes
  • Welcome to Week Two3 minutes
  • Why talk to customers? What do they know?5 minutes
  • How to get insights from customers11 minutes
  • Building a pipeline of customer interviews5 minutes
  • What to do before the interview5 minutes
  • What to do after the interview4 minutes
  • Cold calling 1016 minutes
2 readingsTotal 13 minutes
  • Talking to Humans3 minutes
  • How to Interview a Customer (Optional)10 minutes
1 peer reviewTotal 120 minutes
  • Customer Discovery and Customer Validation120 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 videosTotal 95 minutes
  • Welcome to Week Three3 minutes
  • Why have customer segments at all?6 minutes
  • Customer segments, value propositions, and product features13 minutes
  • Customer types9 minutes
  • Customer segments and business models6 minutes
  • Customer archetypes5 minutes
  • Minimum viable product (MVP)8 minutes
  • Market size and sizing9 minutes
  • Physical and virtual goods13 minutes
  • Market types10 minutes
  • B2C and B2B markets9 minutes
  • Crossing the chasm6 minutes
7 readingsTotal 70 minutes
  • An Introduction to Customer Segmentation10 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 Generation10 minutes
2 assignmentsTotal 60 minutes
  • Value Proposition and Customer Segment Analysis30 minutes
  • Customer Types and Customer Archetypes Analysis30 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 videosTotal 66 minutes
  • Welcome to Week Four3 minutes
  • The funnel of customer engagement10 minutes
  • What is a channel?10 minutes
  • Product-channel fit7 minutes
  • Cost structure7 minutes
  • The rest of the business model canvas4 minutes
  • Key activities10 minutes
  • Key partnerships8 minutes
  • Key resources5 minutes
  • Final Thoughts1 minute
6 readingsTotal 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 Generation10 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 Innovators5 minutes
1 assignmentTotal 30 minutes
  • Developing Your Business Model30 minutes

Earn a career certificate

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Instructor

Instructor ratings
5.0 (12 ratings)
University of Maryland, College Park
1 Course9,727 learners

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AO
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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.

NA
·

Reviewed on Aug 31, 2020

I really liked the way Mr. Daniel Gordon delivers his point of view.

NR
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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

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

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.

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

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