BM.15 Evaluate the benefits

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OVERVIEW

The aim of this activity is to capture (and quantify) the benefits of each of the business model concepts in a systematic manner using the Life Cycle Thinking template.

INPUT

• Complete business model concepts, from the activity BM.4 Generate business model concepts at the big picture level.

• Data from In-Depth Assessment, from the activities BM.2 Gather additional data on the business model, and BM.3 Gather additional data on operational performance.

OUTPUT

An assessment of the business benefits of the business model concepts, used in the activity BM.18 Integrate all the evaluations and make the final selection.

TEMPLATE

HOW TO GO ABOUT IT

1.

Take one of the business model concept you have generated and remind yourself of the sustainability hotspots or strategic threats and opportunities the concept helps to address.

2.

List the benefits relative to the current business model in the relevant cell of the simplified Life Cycle Thinking template. It can be easier to work through one life cycle phase at a time starting with the ‘Raw materials’ phase.

3.

Once you have listed the benefits for the first business model concept, repeat the process for the remaining business model concepts.

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