MGT 498 Week 1 DQ 2

Why is strategic planning important to the organization? How does strategic planning help the organization? What are some of the factors affecting strategy execution? How does the Business Model Toolkit and/or Lean Canvas relate to the strategy for an organization? 

See: Business Model Design by Alexander Osterwalder, The Business Model Alchemist

http://www.businessmodelalchemist.com/2011/09/7-questions-to-assess-your-business-model-design.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+BusinessModelDesignBlog+%28Business+Model+Design+Blog%29

Business model toolkit can be found here:
http://www.slideshare.net/techdude/business-model-generation

Ash Maura has a simplified plan that you can complete in 20 minutes. Here is a link at Ash’s Lean Canvas - Capture your business model in 20 minutes - lean canvas here: http://www.youtube.com/watch?v=7o8uYdUaFR4