Thursday, February 10, 2011

Bus Plan vs. Bus Model (continued)

Found this quote from Angel Mike Maples: "Business model shouldn’t be confused with “business plan.” A business plan is a static thing, a business model charts money flowing out to create a product and money flowing back in from that product." Fair enough - but this still seems to be setting up a very traditional definition of a bus plan as a straw man. We teach our students that a bus plan must be very flexible and always adapting. We have also stripped away a lot of the operational detail that was a core component of the bus plan 10 years ago. 

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