When you enroll in this course, you'll also be enrolled in this Specialization.
Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate
There are 4 modules in this course
Led by Dan Gordon, a University of Maryland faculty member who teaches business modeling in the National Science Foundation's I-Corps Program, this course enables you to develop and apply the Business Model Canvas tool to scope a corporate challenge or opportunity. You will learn how to identify and communicate the nine elements of a business model: Customer Segments, Value Propositions, Channels, Customer Relationships, Revenue Streams, Key Resources, Key Activities, Key Partners, and Cost Structure.
Your completed project will be a customer-validated Business Model Canvas that outlines the business case for a new product or service to address your selected challenge or opportunity in a corporate context. This project is derived from four areas of focus in the course:
• Identifying how to create and deliver value for existing and future customers of the company;
• Learning how to extract value for the corporate venture in a sustainable fashion;
• Conducting in-depth interviews to guide the customer discovery process for your corporate venture; and
• Developing business models that encompass the product or service, customers, and economic engine that deliver on the corporate venture objectives.
Try this course for FREE at https://www.coursera.org/learn/corporate-entrepreneurs-business-model
In this module, we will introduce how to create and deliver value for existing and future customers of the company through a customer-validated, business modeling methodology.
What's included
8 videos6 readings1 peer review
Show info about module content
8 videos•Total 40 minutes
Preview of the Course•2 minutes
Welcome to Week One•3 minutes
What is a startup?•3 minutes
Customer, market, and value propostion•6 minutes
Product-market fit: The heart of the business model•8 minutes
Walk-through of the Business Model Canvas - Part 1•6 minutes
Walk-through of the Business Model Canvas - Part 2•5 minutes
How do you develop a business model?•7 minutes
6 readings•Total 16 minutes
Welcome to Building the Business Model for Corporate Entrepreneurs•3 minutes
Meet Dan Gordon•3 minutes
Connect with your Classmates•1 minute
Our Recommended Textbook for the Course•3 minutes
Download the Business Model Canvas Poster•1 minute
Accelerate Your Career with the #1 Online Master’s Degree for Startup Entrepreneurs and Corporate Innovators•5 minutes
1 peer review•Total 60 minutes
Business Models of Innovative Corporations•60 minutes
Customer Discovery and Customer Validation
Module 2•3 hours to complete
Module details
In this module, we will examine how to identify real customers and conduct in-depth interviews to guide the customer discovery process for the corporate venture.
What's included
7 videos2 readings1 peer review
Show info about module content
7 videos•Total 40 minutes
Welcome to Week Two•3 minutes
Why talk to customers? What do they know?•5 minutes
How to get insights from customers•11 minutes
Building a pipeline of customer interviews•5 minutes
What to do before the interview•5 minutes
What to do after the interview•4 minutes
Cold calling 101•6 minutes
2 readings•Total 13 minutes
Talking to Humans•3 minutes
How to Interview a Customer (Optional)•10 minutes
1 peer review•Total 120 minutes
Customer Discovery and Customer Validation•120 minutes
Customer Segmentation and Analysis
Module 3•4 hours to complete
Module details
In this module, we will evaluate how to segment customers and develop a minimum viable product (MVP) with product-channel fit.
What's included
12 videos7 readings2 assignments
Show info about module content
12 videos•Total 95 minutes
Welcome to Week Three•3 minutes
Why have customer segments at all?•6 minutes
Customer segments, value propositions, and product features•13 minutes
Customer types•9 minutes
Customer segments and business models•6 minutes
Customer archetypes•5 minutes
Minimum viable product (MVP)•8 minutes
Market size and sizing•9 minutes
Physical and virtual goods•13 minutes
Market types•10 minutes
B2C and B2B markets•9 minutes
Crossing the chasm•6 minutes
7 readings•Total 70 minutes
An Introduction to Customer Segmentation•10 minutes
In the Digital Era, People, Not Processes, Are Key (Optional)•10 minutes
Know Your Customers’ “Jobs to Be Done” (Optional)•10 minutes
What Is Value? The Costco Value Proposition (Optional)•10 minutes
The Lean Startup Methodology (Optional)•10 minutes
How To Design Your Next Minimum Viable Product (Optional)•10 minutes
Business Model Generation•10 minutes
2 assignments•Total 60 minutes
Value Proposition and Customer Segment Analysis•30 minutes
Customer Types and Customer Archetypes Analysis•30 minutes
Creating the Business Model for the Corporate Venture
Module 4•3 hours to complete
Module details
In this module, we will develop a business model that encompasses the product or service, customers, and economic engine that deliver on the corporate venture’s objectives.
What's included
10 videos6 readings1 assignment
Show info about module content
10 videos•Total 66 minutes
Welcome to Week Four•3 minutes
The funnel of customer engagement•10 minutes
What is a channel?•10 minutes
Product-channel fit•7 minutes
Cost structure•7 minutes
The rest of the business model canvas•4 minutes
Key activities•10 minutes
Key partnerships•8 minutes
Key resources•5 minutes
Final Thoughts•1 minute
6 readings•Total 55 minutes
The Elements of Value (Optional)•10 minutes
You're Not Steve Jobs - You Need to Learn from Customer Behavior (Optional)•10 minutes
Corporate Acquisitions Of Startups: Why Do They Fail? (Optional)•10 minutes
Business Model Generation•10 minutes
How To Turn Corporations Into Innovation Machines (Optional)•10 minutes
Accelerate Your Career with the #1 Online Master’s Degree for Startup Entrepreneurs and Corporate Innovators•5 minutes
1 assignment•Total 30 minutes
Developing Your Business Model•30 minutes
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The University of Maryland, College Park is the state's flagship university and one of the nation's preeminent public research universities. A global leader in research, entrepreneurship and innovation, the university is home to more than 40,700 students, 14,000 faculty and staff, and nearly 400,000 alumni. The university’s faculty includes two Nobel laureates, 10 Pulitzer Prize winners, 69 members of the national academies and scores of Fulbright scholars. Located just outside Washington, D.C., the University of Maryland is committed to social entrepreneurship as the nation’s first “Do Good” campus, and discovers and shares new knowledge every day through research and programs in academics, the arts, and athletics.
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What will I get if I subscribe to this Specialization?
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Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.