FEI Canvas
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FEI Canvas
A FEI Canvas was created by Innosight and Peter Koen as a converging tool for brainstorming FEI business hypotheses. It consists of four parts: customer value proposition, operating model, profit model and risks and assumptions.
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Customer Value Proposition
This is the MOST important part of the canvas which describes why your offering helps the customer solve an important problem.
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Operating Model
The operating model describes the key processes and resources which are necessary to deliver a solution. The ones that are unique to the company help determine how the company achieves a competitive advantage.
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Profit Formula
The profit formula describes how the company will create value for itself and its shareholders.
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Risks and Assumptions
The risks and assumptions are the final part of the FEI canvas. Any FEI project has many risks and assumptions. It is critical for the FEI team to identify these as early as possible.