Mapping out your Key Activities allows you to spot inefficiencies. If you spend 80% of your time on an activity that doesn't support your Value Proposition, you are wasting money.
eBay managing its marketplace, Visa processing transactions, or Facebook maintaining its social network. key activities business model
Key Activities are the critical tasks your team performs to make your business model work. They are not every single thing you do in a day—like checking email or buying coffee—but rather the high-level processes required to: your Value Proposition. Reach your target markets. Maintain Customer Relationships. Generate Revenue. If a Key Activity stops, the business model fails. 📋 The Three Primary Categories Mapping out your Key Activities allows you to