Responsight Business Model: Nine Building Blocks and Success Factors

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Executive Summary
This report discovers the Responsight business model by focusing on nine component of
business model canvas approach, to recognize the features that had such an instantaneous impact
on Australian technology. The research on the assignment depends on publically available
information. There are various factors of the aspect that has influenced the revenues that is why
the discussion is made on them. Nine building blocks of business model are elaborated in the
assignment in order to demonstrate the importance of them in the context of Responsight
Company. Interrelationship is defined under this assignment in order to interconnect the relation
of nine blocks of business model to the factors of Responsight.
There are some success factors of each company through which they can get growth in future
and can perform effectively at present as well. Agile and lean management concepts are
considered as they are helpful in making good planning for the company to increase the business
growth. Downside risks are elaborated the level of risk in the view of Responsight so that
appropriate actions can be taken. There should be changes in the business model of the company
time to time so that the company can move towards right track of growth.

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Contents
Executive Summary.........................................................................................................................2
I. Introduction..............................................................................................................................4
II. Business model.........................................................................................................................4
A. Building blocks.....................................................................................................................4
1. Customer segments...........................................................................................................4
2. Key partners......................................................................................................................4
3. Value proposition..............................................................................................................4
4. Key activities.....................................................................................................................5
5. Key Channels....................................................................................................................5
6. Revenue streams...............................................................................................................5
7. Cost structure....................................................................................................................5
8. Key resources....................................................................................................................5
9. Customer relationships......................................................................................................5
B. Interrelationships..................................................................................................................5
C. Critical success factors.........................................................................................................6
D. Downside risks......................................................................................................................6
E. Business model changes.......................................................................................................7
III. Conclusion and Recommendations.......................................................................................7

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References........................................................................................................................................8
Appendix..........................................................................................................................................9