Business Model Stress Testing 1
Free Version
Publisher Description
Everyday new business models are created or existing business models updated. While creating new business models can be exciting work it also brings about the questions: “How successful is my business model in practice?” and “Will it stand the test of time?”
The business model stress testing method developed by Novay provides the answers to these questions. By describing the business model using the STOF method and considering relevant trends or uncertainties a structured analysis of the business model can be conducted. The STOF model describes what business models should look like, which elements they should contain, and what the relationship between the elements should be in order to be successful. The stress test maps the STOF elements on market trends or uncertainties for an in-depth analysis on the business model’s robustness. This showcase app shows the inner workings and results of business model stress testing using STOF.
Features:
- Showcase of a stress test conducted on a business model.
- Details description of a business model according to the STOF method.
- Different perspectives on the same business model (network perspective, detailed description according to STOF, plain text description).
- Insight in stress testing results displayed in a ‘heat signature’.
Future version:
- Additional business models stress tests.
- Input new business models for stress testing.
- Manage different perspectives on the business model.
- Provide simple stress test analysis on the business model.
- Perform stress testing with different factors.
- Generate of ‘heat signature’ for a business model stress test.
- Use of other business modeling languages (i.e. Business model Canvas).
STOF stands for Service, Technology, Organization and Finance. According to this method, a business model has to be viewed from four related perspectives to be successful. For more details visit the STOF website, http://www.stofmethod.com.
About Business Model Stress Testing
Business Model Stress Testing is a free app for Android published in the Office Suites & Tools list of apps, part of Business.
The company that develops Business Model Stress Testing is Novay. The latest version released by its developer is 1. This app was rated by 4 users of our site and has an average rating of 0.8.
To install Business Model Stress Testing on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2011-12-02 and was downloaded 63 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Business Model Stress Testing as malware as malware if the download link to com.novay.bmroadmapp is broken.
How to install Business Model Stress Testing on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Business Model Stress Testing is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Business Model Stress Testing will be shown. Click on Accept to continue the process.
- Business Model Stress Testing will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
