Understanding the Triple Layered Business Model Canvas: Economic, Environmental, and Social Impact
Dr. Steve Kennedy explains the Triple Layered Business Model Canvas, focusing on economic, environmental, and social impacts.
00:00:10 A triple-layered business model canvas helps design a business model, considering economic, environmental, and social components.
The business model canvas is a tool used to design a business model by considering all necessary building blocks for creating and delivering value.
The triple layered business model canvas helps to consider the economic, environmental, and social components of a business idea.
The economic layer focuses on the return of financial capital and is part of the traditional business model canvas.
00:01:20 Dr. Steve Kennedy explains the Triple Layered Business Model Canvas, which helps businesses understand their value proposition, customer relationships, key activities, and economic value capture.
The Triple Layered Business Model Canvas helps identify key aspects of a business model.
The canvas focuses on buy propositions, user needs, value propositions, customer relationships, channels, and key activities.
The canvas also considers the necessary resources, partnerships, and economic value capture.
00:02:28 This video discusses the Triple Layered Business Model Canvas, which focuses on costs, revenue, and environmental impact for a business model.
💰 The revenue model is an important aspect of the business model canvas.
🌿 The ecological aspects of the business model should be considered, including the return of natural capital.
🌍 The environmental impact of material sourcing, production, and outsourcing should be evaluated.
00:03:36 In this video, Dr. Steve Kennedy discusses the triple layered business model canvas, focusing on the environmental impact of products and the value capture for the environment.
👉 The Triple Layered Business Model Canvas evaluates the environmental impact of a business's production processes and supply chain.
🌱 The canvas also considers the environmental impact of the product throughout its lifecycle, including reuse and end-of-life options.
💼 Additionally, the canvas examines how the business model captures value for the environment and society, addressing both negative and positive impacts.
00:04:48 This video discusses creating value for society and developing relationships with local communities. It also explores improving quality of life for end users and the impact of business models on societal culture.
🔑 Creating value for society involves considering relationships with local communities and improving the quality of life for end users.
🌍 Impactful business models should strengthen positive societal culture and aim for a wide scale of outreach.
🏢 Transparency and organizational structure are important for governance, while employees are key to the operation of a business.
00:05:56 A summary of the video: The speaker discusses the role of employees in a business model canvas and the importance of considering economic, environmental, and social impacts. The return of financial, natural, and social capital is also mentioned.
📝 The role of employees in a business and the importance of considering their impact.
🌍 The triple-layered business model canvas includes economic, environmental, and social layers.
💡 The return of inspiration is vital for business models focused on landscape restoration.
00:07:06 Dr. Steve Kennedy explains how the triple layered business model canvas can help make your business idea more tangible.
📌 The business model canvas is a tool to help put detail on a business idea and make it more tangible.
📌 The canvas should not be used to get bogged down with every component; it should be used as a tool to make the business idea more realistic.
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