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Foresight Cards Order the pack of cards or download more free workshops using the Foresight Cards on: www.foresightcards.com - Stress testing your Business.

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Presentation on theme: "Foresight Cards Order the pack of cards or download more free workshops using the Foresight Cards on: www.foresightcards.com - Stress testing your Business."— Presentation transcript:

1 Foresight Cards Order the pack of cards or download more free workshops using the Foresight Cards on: www.foresightcards.com - Stress testing your Business Model – one company edition Order or preview Business Model Generation on: www.businessmodelgeneration.com * Both products are from different companies/institutions/developers which arent related

2 www.businessmodelgeneration.com Foresight cardsThe Business Model Canvas

3 www.businessmodelgeneration.com Foresight cardsThe Business Model Canvas Offer Attention for the customer Attention for the Organisation Accountablity

4 Foresight cards Create your Business Model Canvas Purpose: Stress testing a business model. Components:The Business Model Canvas, The card patterns of change. Phase 1 – Creating your Business Model Handout the Business Model Canvas model. Each workshop participant creates his own business model, starting with the value proposition or the customer segment. After 15 minutes, get together Everybody explains his business model to each other Create one business model canvas for your company using all insights At the end of the first hour, there is one sustaining business model. www.businessmodelgeneration.com

5 Macro – contextual level The contextual level consists of global forces, think about: economical developments, demographics, politics, technological developments and social developments. Foresight Cards – STEEP edition focusses on external forces that address the contextual level. Meso – transactional level The transactional level consists of market forces, think about: suppliers, supply and demand, distribution, competitors and strategic alliances. Micro – organizational level The organizational level involves forces that address the internal environment of the firm. Think about: vision, mission, strategy, resources, processes, products and services. PEST, DESTEP, PESTLE, STEEPLE, LESTEP… Foresight cardsOur (STEEP) environment

6 Example of our values 5 minute discussion with your group -How does this theme affects your business model canvas? Foresight cardsEnvironment

7 Example of our values 5 minute discussion with your group -How does this theme affects your business model canvas? Future of our values In your discussion about values… -What future development do you see regarding this theme? Again, 5 minute discussion Foresight cardsTrendwatching?

8 Future events… -Perspective of Time -Perspective of Relevance -Perspective of Reliability of information -Perspective of Uncertainty Predetermined Controversy -Perspective of Change Trend / Gradual- / Abrupt discontinuity Increased usaged of digital devices Oil spill Foresight cardsTalking about the future

9 Foresight cardsPerspective of change

10 Time, Relevance, Uncertainty, Reliability of information and CHANGE: Foresight cardsPerspective of change

11 Foresight cardsForesight Cards

12 Foresight cards Foresight stress testing Purpose: Stress testing a business model. Components:The Business Model Canvas, The card patterns of change. Phase 2 – Stress testing a Business Model Place the business model canvas in the center Devide each buildingblock to a (set of) players Shuffle the cards and deal each player five cards. The first player looks at the other building blocks and chooses a card with a pattern of change symbol. The player shows his card, and speaks out his chosen pattern of change. And explains why this is happening to the chosen business model block. The affected player speaks out how he changes his business model to address the impact. If done correctly he wins the card. Look if any other building blocks are also affected Clockwise the next player chooses a card. The player who has won the most cards wins the game

13 Reflection - What did you/we learn? Foresight cardsPerspective of change

14 Foresight cardsForesight Cards information This analysis tool helps to assess the external macro environment! The Foresight Cards contains 125 macro forces classified into the STEEP categories (social, technological, economical, environmental and political). Other known acronyms derived from STEEP are: PEST, PESTLE, STEP, STEPJE, STEEPLED, DESTEP and LEPEST. The STEEP acronym is well known and used all over the world as a basis for external analysis. For example the STEEP cards can be used by individuals and groups to have workshops to: create awareness about past, current and future changes; stress test a business model; create a SWOT analysis; energize; tell a story; discuss certain (strategic) topics; think about systems and how external developments connect to each other; determine key-uncertainties to create future scenarios (scenario planning); etc. etc. etc. Check the www.foresightcards.com website for more information, to download other workshops and how to order the pack of cards.www.foresightcards.com


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