Plan

Welcome
to the Prosper
with Purpose Resources. In my work as a business coach, I have used all these models at one time or another to help my clients get the answers they need.

How to complete a Business Model Canvas

What to measure

Get a mentor

Exit Strategies

Future Back Model

Use the scale on the right to work back from your desired goal.

Firstly, visualise yourself achieving the goal at the end of the scale.

Now, think about where you would be one year before that moment.

What resources did you have? What did your organisation look like? What size and type of customers did you have?

In short, what do you think you need at that point to take the final step towards your goal? Visualise what that point would have looked like and think through the situation a year before, which made this place possible.

Repeat the process above to go back up to 6 years until you hit the present time.

How to complete a Business Model Canvas.

The Future-Fit Business Model Canvas

The likely changes we will face over the coming years are substantial, and not planning for their consequences could be disastrous to you and your business. The Future-Fit Business Model Canvas reminds us that a business model needs to be resilient and flexible enough to operate within an increasingly challenging backdrop of environmental and societal change. To succeed, a business must plan for supply chain disruption, staff absence and operational crises caused by extreme weather events and social change. Adaptation and flexibility will need to be embedded into your business model.

Enhanced SWOT analysis

It’s best to do a SWOT analysis with your team. Bring in junior, inexperienced people and people working in different parts of the organisation. They will know areas of your business that you have no idea about.

Firstly, ask your team to look at the Strengths, Weaknesses, Opportunities and Threats facing the business as it currently sees and understands them.

However, the most important thing to do is to decide what to do about that situation. My enhanced version of the SWOT analysis has four extra squares. The extra boxes give you the nudge to think through how you would:

• enhance strengths

• improve weaknesses

• act on opportunities

• mitigate threats