This article discusses the Business Model Canvas for Social Enterprise CASA, including its value proposition, customer segments, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure.
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BUSINESS MODEL CANVAS1 STUDENT NAME: STUDENT ID: TOPIC: BUSINESS MODEL CANVAS DATE: 21-1-2019
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BUSINESS MODEL CANVAS2 Contents Introduction.................................................................................................................................................3 Social enterprise..........................................................................................................................................3 Business Model Canvas...............................................................................................................................4 Value proposition....................................................................................................................................6 Customer segments..................................................................................................................................7 Channels..................................................................................................................................................8 Customer relationships............................................................................................................................8 Revenue streams......................................................................................................................................9 Key resources..........................................................................................................................................9 Key activities...........................................................................................................................................9 Key partnership.....................................................................................................................................10 Cost structure.........................................................................................................................................10 Conclusion.................................................................................................................................................10 References.................................................................................................................................................11 Appendix...................................................................................................................................................13
BUSINESS MODEL CANVAS3 Introduction Social Enterprise UK was founded in 2002 in the United Kingdom. The enterprise is a community interest company and has national membership with the social enterprise movement. The organization has a similar group of bodies that are in different regions such as Northern Ireland, Wales, England, and Scotland. This is a membership organization that has several social enterprises within its region. Using the business model for the enterprise, the business structure is analyzed while fostering economic independence. Social Enterprise UK is a different approach while it engages in economic, environmental, cultural and social mission for the community benefit. The trade is done in order to fulfill the mission of the company. A certain substantial portionisdeprivedoftheincomefromtrade.Anotherperspectiveofsocialenterprise organization is about reinvesting the majority of the profit to fulfill the goal of the company. There are several social enterprises that are focused on social enterprises and organized in a way to achieve the goals of the company. CASA Care And Share Associates business model canvas are discussed and examined for strategic analysis of the company. The Business Model Canvas reflects the major elements of the business such as key partners, key activities, value proposition, customer relationship, customer segment, key resources, distribution channel, cost structure, and revenue stream. These are the basic elements and the detail about each element of the business are included with CASA’s information. The success of the business has mutually drawn an impact due to key resources, human resource and the low staff turnover. There is a strong relationship that has been observed with the external shareholders and tends to reflect on high- quality care for the people. The commitment of the social enterprise is to tap for natural creativity of people. Recruiting staff and representing the information is a major positive workplace culture of CASA. Social enterprise In case of CASA that is a social enterprise, it has ultimate results in order to generate social value and financial value for the business. It is a community-based enterprise that focuses on articulated pages with substance focus and it delivers effective values for the organization and its services. The major substance focus is on health care services provided to disabled and older people. The organization was established in 2004 and it aims to become one of the leading
BUSINESS MODEL CANVAS4 owned provider in the UK for health and social care service provided to older and disabled people. The organization was created in order to replicate the award-winning enterprise in the country. The true history of the organization was back to the mid of the ’70s that contributed for health transformation in the UK. The social enterprise has always been a pioneer organization for achievingthehighestqualityof healthservice.For makingthebusinesssuccessful, the organization has mutually focused on business ideas and delivering effective service to the people. The mission of the organization is to become a positive ethical force in the country. There are social impacts that are focused on improving the service and quality of life. The organization recruits and invest in several communities that track record of the people for the long term and unemployed people in the country. The staff currently consist of 750 people that are benefited from training and development opportunities. The business structure of the social enterprise organization is focused on the Business Model Canvas. Business Model Canvas A business model is a rationale that consists of creating, delivering and capturing values for the organization. It is effective to state that an idea is focused and essence for the exchange of value (Baden-Fuller&Morgan, 2010). This means that a business should focus on creating value for others and deliver effective results for exchange. Something in exchange of value is expected by people in order to focus on the business plan. There is a difference that generally lies between the business model and substance with the purpose to help and understand people in order to articulate the essence of business with creating, delivering and capturing value. The purpose of the business model is to understand the business and its stakeholders in order to create a plan, deliver services and capture value. The focus of the business model is to articulate the activities and plan of the business. The focus is to know how the organization does business, how it generated value and what benefits are derived from the business plan (Klang, Wallnöfer & Hacklin 2014). The main focus is to consider consumer segments and to know what consumers prefer and why would they keep coming back. These are several points that help to understand the Business model that helps in innovative business works. The business plan is a detailed document that tends to focus on a lengthier process with several goals, objective and business
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BUSINESS MODEL CANVAS5 methods (George 2010). CASAworks on a business model to deliver effective results for the organization and engage in social value. CASA Business Model Canvas Key partners Government funders, Non-profit Organizations Key activities Healthcare services, Workingona collected vision Value propositions Social value Customer relationships Effective customer care, Providing healthcare service Customer segments Olderpeople anddisabled people, Government institutions Key resources Human resources Buildingsfor health care service Channels To reach customers Make awareness Cost structure Social impact Funding agencies Revenue streams Government funding Non-profit organizations CASA as a Social enterprise has several objectives and focus on making a difference for people and stakeholders. This is not the actual business plan but it is about an impact on social and environmental issues that the organization would focus on seeking the business goal. There are two key advantages as benefits that are derived by understanding the business model for CASA. This helps to discuss and articulate the nuts and bolts of the business and it helps to test the impact of business in practice (Ridley-Duff&Bull 2011).
BUSINESS MODEL CANVAS6 Business Model Canvas was created by Yves Pigneur and Alex Osterwalder. The business model helps to design, deliver and develop the concepts of business with several frameworks that are enhanced with practices and innovative business elements. BMC is an innovative business model with a co-creative innovative focus on methods (Spiess-Knafl, Mast & Jansen 2015). The BMC is helpful in relation to innovation stages and growth in the business. The special elements of social enterprise are about adding skills and realm to the business while balancing the economic, cultural and environmental factors in the business. The main intention of social enterprise is to manage and trade in a way so as to blend the skills of people for a greater return and sum each of the objectives for social value and financial value of the business. CASA is focusing on social objectives and business objectives. There is a social impact that is been observed neutrally when it comes to delivering effective services to the people where cost is involved and the model is designed in order to focus on the sustainable business model. For the social enterprise CASA, the business model focuses on providing an opportunity to see the business that leads to social impact which the organization is trying to achieve. The key to using the business model is to focus on the impact of models and consider social value in order to integrate the business purpose and plans (Gebauer 2010). Value proposition While focusing on CASA business model, the social enterprise has a question on what are the values that are created by the organization and how does it affect the business. The BMC of CASA has a major impact on starting the business with service and this is at the heart of the business. In the case of a social enterprise, there are social services that are delivered to older people and disabled people and social value is generated with an indeed focus on generating the commercial value proposition. The kind of service CASA does is effective with social outcomes and delivers the best benefits to society. This is the best deal that makes the enterprise a social enterprise. There are articulating services that are provided by the organization and it seeks a major change in the social enterprise with critical step to design the social enterprise and lead a major commercial and social value in form of service. There is two value proposition that CASA has while focusing on seeking to deliver the service to people and attracting people who are in need of the service. The commercial value proposition is a different aspect which plays a significant role in producing and selling items. At the early stage of social enterprise, there is a particular impact of the value that the organization delivers to the people who are in need of
BUSINESS MODEL CANVAS7 health service and care. This is an ultimate link with the discussion and each aspect of growth that relates to completely different customer segments. The impact of value proposition and commercial value proposition are inter-dependent (Wilson&Post 2013). The government and associations are involved as funders in order to have an impact on the value proposition for CASA. The social enterprise reflects the financial perspective of business and considers a parallel impact value on service emphasize. CASA provides health service as a value to its customers. The health service and care are the two perspectives that are observed in the organization and have a purpose to deliver effective service to older people and disabled people. The service is visible while considering several prominent aspects of health safety and care to the people. There is an understanding that develops with the impact of commercial and social value that CASA realizes for its future undertakings. An impact to reach to the customers in a way to provide them with the best health care services is the main focus of CASA. Customer segments With the social impact and the trading objective, there are two different categories of customers that represent the business model of CASA. The customers who want to support the social impact and the customers who are willing to purchase the service of the organization. In this context, the non-profit organizations and the patients who are willing to get served by the organization are the real customers of CASA. The older people and the disabled people are the customers of the social enterprise. While focusing on the relevant service and the discussion of potential customers the full range of possibilities is provided that distinguishes the business and the customer segments (Qastharin 2014). The financial value and the social value are focused on the customer segment of the Business Model Canvas (Aspara, Hietanen & Tikkanen 2010). There are several assumptions that reflect on the scenario of social enterprise. In the eyes of customers and the public, CASA has changed with effective and interesting service provided to its customers. Exploring the customer segments and providing the health care service to the customers is the major objective in terms of customer segment element. Government funders and their service would lead to the effective realization of the duties of CASA. The value proposition is to be cleared as it ensures effective study about the real customers. To repeat customers, there are several services that need to be looked at and focused with ongoing ways to connect and to support the customers with effective services (Steen 2013).
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BUSINESS MODEL CANVAS8 Channels It is important for CASA to work on how to reach the customer effectively. It helps the customers to evaluate the service that the organization provides for its customers. CASA focuses on reaching to customers who are in need of the service while helping the customers to understand the impact of the value proposition. However, there are five phases in channels that are focused by CASA, these are awareness, evaluation, purchase, delivery and after sales. To reach to the customer, a specific channel is to be selected. To raise awareness about the service that CASA provides, it is important that a crowded market needs to be targeted as it impacts the public to stay connected towards a highlighted approach in the business. This has a focus on social procurement while introducing the service to the public (Grassl 2012). The next step is about evaluating the value of the service. The customer evaluates the services with the help of mainstream efforts. There are several government agencies that are looking for the evidence- based project. Purchase of product or service is effective in terms of awareness and evaluation. Delivery of service is important for CASA as older people and disabled people need to be satisfied with efficient service. The after sales concept is focused on ensuring the services for government funders to stay connected with CASA. Customer relationships A customer relationship is a critical approach for CASA as it attracts the customers while providing value proposition service. This is not a purely business perspective but it helps to consider the relationship of social enterprise with its customers. The importance of thinking towards the role of the impact of the customer relationship is focused with present services and circumstances that lead to inappropriate services and mission of offering the product and services. The customer relationship is the major focus of co-creating the services and focusing on established networks that can be referred on the role of distribution. This helps to bring the idea of building customer loyalty and exploring the study towards enterprise selection. The customer loyalty program is focused on loyalty programs by CASA and potentially focusing on the exploration of opportunities to the customers. The long term customer selection is provided with an impact of personalized service given to the customers (Boons&Lüdeke-Freund 2013).
BUSINESS MODEL CANVAS9 Revenue streams There are different revenue streams that have several different areas and functions to be focused on CASA. The trick is to focus on the best revenue method that impacts the services in the business model. With the broad proposition method and the effective services that lead to philanthropic funding, it is important for the business to inherent services that lead to effective use method with deliverable and sustainable social impact. The total revenue focuses on commercial revenue and impact revenue (Zott, Amit & Massa 2011). At the same time, it is understood that social value is about generating revenue while it helps to assess the actual saleable impact. It can majorly attract the value and to focus on the independent revenue stream. The cost of generating the impact is covered specifically in the revenue stream. Key resources The key resources are the tangible and intangible resources. The business model focuses on social enterprise and tends to refer the resources that drive the impact of the business. The physical resources, intellectual resources, human resources, financial resources, etc are been analyzed while it reflects the impact of resources. For the physical resource CASA tends to developthefacilities,buildings,andsystemsforthehealthservicesthatreflectonthe distribution of networks. Intellectual resources deal with the brand of CASA and contact management systems. The human resources are well managed with people and staff that help to organize the service and work towards the essential objective of the organization. Financial resources lead to lines of credit that consist of access to finance and well managed financial activities. These resources impact in a positive way while CASA manages the special equipment. There are several networks that are managed while evaluating the impact of services and assets. Key activities The key activities that are addressed impacts the complementary services and opposing the activities. The business activities tend to complement the range of activities for health services. There is a range of activities that are suitable for the support of different interests. It is difficult to manage commerce when the pressure of service is focusing on the imperatives of business. CASA is being specific to consider its services and focuses on support and participation of health services to older people and disabled people.
BUSINESS MODEL CANVAS10 Key partnership The partnerships in CASA has a network of suppliers and co-creators that help in health services. Social enterprise has enhanced the impact of social value and the objectives that focus on enhancing the business. There is an active network that the business leads to a change in promoting the services with a vital and a distribution network. There is a network of partners that lead to offer the value-adds for the enterprise (George&Bock 2011). The society and the franchise have mechanisms to focus on engaging the partnership of social enterprise. The potential motivations for partnerships are to build health services and to consider the commercial and social value of the business. The impact of the partnership is about dealing with partnership and tending to externally relate with the social partnership. Optimizing the economies and working on the scope of relation. Reduction of risk and uncertainty is the major goal of CASA whereas government funding and partnership leads to structure the environment. There are social investors that focus on CASA for its development and growth. Cost structure The cost structure leads to the impact of delivering the impact of involvement of cost and the activities to be managed with staff, training, productivity and works readiness cost. The impact of cost leads to support and participation. The impact of assessment costs leads to the delivery of the resources with needed and undertaken additional resources (Massa&Tucci 2013). The social enterprise ensures the cost of long term survival and leads to a community supported business with agriculture model. To unpack the cost structure, it is important that costing leads to an equal imprecise service that maps the course of delivery of actions and explores the impact costs. Conclusion To conclude with the business model canvas, CASA has led to several building blocks that would focus on the main goal of the organization. It is important that the organization builds on the adding details of activities and resources for health service of older people and disabled people. The business model canvas reflects the framework of the activities that the social enterprise deals in the business operations. There are several elements that are compared with innovative services for the next step course. The key partners, key activities, value proposition, customer relationship, customer segment, key resources, distribution channel, and cost structure
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BUSINESS MODEL CANVAS11 are the major elements of the business model canvas that are presented in the study. CASA has the vision to support the health service for the older people and disabled people. The success of CASA has led to pioneering the award-winning social enterprise in the UK.
BUSINESS MODEL CANVAS12 References Aspara, J., Hietanen, J., & Tikkanen, H. 2010,Business model innovation vs replication: financial performance implications of strategic emphases.Journal of Strategic Marketing,vol. 18, no. 1, pp.39-56 Baden-Fuller, C., & Morgan, M. S. 2010,Business Models as Models, Long Range Planning, vol. 43 no. 2-3, pp. 156-171 Boons, F., & Lüdeke-Freund, F. 2013,Business models for sustainable innovation: state-ofthe- art and steps towards a research agenda, Journal of Cleaner Production,vol. 45, pp.9-19 George, G., & Bock, A. J. 2011,The business model in practice and its implications for entrepreneurship research,Entrepreneurship Theory and Practice,vol. 35, no. 1, pp.83-111 Grassl, W. 2012,Business models of social enterprise: A design approach to hybridity,ACRN Journal of Entrepreneurship Perspectives, vol. 1, no. 1, pp.37-60 Gebauer, H. P. 2010,A capability perspective on service business development in small and medium-sized suppliers. Scandinavian Journal of Management: 28 , 321-339 George, G., 2010,Models of opportunity: How entrepreneurs design firms to achieve the unexpected.Cambridge University Press, ISBN 978-0-521-17084-0 Klang, D., Wallnöfer, M., & Hacklin, F. 2014,The business model paradox: A systematic review and exploration of antecedents, International Journal of Management Reviews, vol. 16, no.4, pp.454-478 Massa, L., & Tucci, C. L. 2013,Business Model Innovation,in: Dudgson, M., Gann, D., & Phillips,N.(eds.)TheOxfordHandbookofInnovationManagement,”Oxford:Oxford University Press, pp.420-441 Qastharin A. R. 2014,Business model differences between business and social enterprise, in: Industrial Dynamics Assignment, 12th May 2014. Ridley-Duff R. & Bull M. 2011,Understanding Social Enterprise:Theory & Practice, London:” SAGE Publications Ltd.
BUSINESS MODEL CANVAS13 Spiess-Knafl, W., Mast, C., & Jansen, S. A. 2015,On the nature of social business model innovation, Social Business,vol. 5, no. 2, pp.113-130 Steen,R. 2013,Businessmodelinnovation. Masterof ScienceinEngineeringIndustrial Engineering and Management, 5-60 Wilson, F., & Post, J. E. 2013,Business models for people, planet (& profits): exploring the phenomena of social business, a market-based approach to social value creation,Small Business Economics, vol. 40, no. 3, pp.715-737 Zott, C., Amit, R., & Massa, L. 2011,The business model: recent developments and future research,Journal of Management, vol. 37, no. 4, pp.1019-1042
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