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- Stress testing your Business Model –
                          one company edition


                    Foresight Cards
                                             Order or preview
                                             Business Model Generation on:
                                             www.businessmodelgeneration.com

* Both products are from different companies/institutions/developers which aren’t related

                                            Order the pack of cards or download
                                            more free workshops using the
                                            Foresight Cards on:
                                            www.foresightcards.com
Foresight cards   The Business Model Canvas
                  www.businessmodelgeneration.com
Foresight cards           The Business Model Canvas
                           www.businessmodelgeneration.com




Attention for the                      Attention for the
                       Offer               customer
 Organisation




                    Accountablity
Foresight cards                   Create your Business Model Canvas
                                             www.businessmodelgeneration.com
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.
Foresight cards                       Our (STEEP) environment
                                           PEST, DESTEP, PESTLE, STEEPLE, LESTEP…


Macro – contextual level
The contextual level consists of ‘global
forces’, think about: economical
developments, demographics, politics, technologi
cal 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, pro
ducts and services.
Foresight cards                  Environment


Example of “our values”

5 minute discussion with your group

- How does this theme affects your
  business model canvas?
Foresight cards                    Trendwatching?


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 cards                 Talking about the future

                                                      Oil spill
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 
Foresight cards   Perspective of change
Foresight cards                     Perspective of change

Time, Relevance, Uncertainty,
Reliability of information and CHANGE:
Foresight cards   Foresight Cards
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
Foresight cards     Perspective of change




  “Reflection” - What did you/we learn?
Foresight cards                     Foresight 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.

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Stress testing a Business model Canvas Foresight workshop

  • 1. - Stress testing your Business Model – one company edition Foresight Cards Order or preview Business Model Generation on: www.businessmodelgeneration.com * Both products are from different companies/institutions/developers which aren’t related Order the pack of cards or download more free workshops using the Foresight Cards on: www.foresightcards.com
  • 2. Foresight cards The Business Model Canvas www.businessmodelgeneration.com
  • 3. Foresight cards The Business Model Canvas www.businessmodelgeneration.com Attention for the Attention for the Offer customer Organisation Accountablity
  • 4. Foresight cards Create your Business Model Canvas www.businessmodelgeneration.com 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.
  • 5. Foresight cards Our (STEEP) environment PEST, DESTEP, PESTLE, STEEPLE, LESTEP… Macro – contextual level The contextual level consists of ‘global forces’, think about: economical developments, demographics, politics, technologi cal 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, pro ducts and services.
  • 6. Foresight cards Environment Example of “our values” 5 minute discussion with your group - How does this theme affects your business model canvas?
  • 7. Foresight cards Trendwatching? 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
  • 8. Foresight cards Talking about the future Oil spill 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 
  • 9. Foresight cards Perspective of change
  • 10. Foresight cards Perspective of change Time, Relevance, Uncertainty, Reliability of information and CHANGE:
  • 11. Foresight cards Foresight 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. Foresight cards Perspective of change “Reflection” - What did you/we learn?
  • 14. Foresight cards Foresight 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.