SAP Conducts Workshop on Business Model Canvas

Event Type: Workshop

Date: 07/09/2022

Time: 12:35 pm to 2:0 pm

Duration: 1 Hr 00 Mins

Venue: SAIP auditorium

Mode: Offline

Organizing Body: SAIP-IIC

No. of Participants: 33

No. of faculties: 05

No. of students: 28

Speaker Details:

Mr Kunal Yadav, Innovation Ambassador, ARIIA Coordinator, Assistant Professor, SAIP Indore

Event Coordinator: Ms Kiran Verma, Assistant Professor, SAIP

Report Courtesy: Ms Kiran Verma, Assistant Professor, SAIP

Objective of the event:

To acquaint students with an understanding of Business Model Canvas for Entrepreneurs among them. This workshop helps students to gain knowledge about business model canvas and how to create them

Event Details:

The Business Model Canvas is a strategic management template used for developing new business models and documenting existing ones. It offers a visual chart with elements describing a firm's or product's value proposition, infrastructure, customers, and finances, assisting businesses to align.

The speaker elaborated with examples of how the business model is important for a successful startup. Speaker also explains various types of Business models with examples and 7 Important components of the Business model canvas. Speaker also emphasized on various online tools such as Canvanizer, Businessmodelsinc, Strategyzer, Bmtoolbox, Miro, Tuzzit, AltexSoft, Servicedesigntools etc.