I'm running this item mainly for the useful diagram of business models (it goes without saying that everything must have business models today; if your dog does not have a value proposition and clearly defined customers, then your dog-food should be reconsidered). The idea is that innovation generally fits right in the middle, in the value proposition. What is that, exactly? "A value proposition is a positioning statement that describes for whom you do what uniquely well. It describes your target buyer, the problem you solve, and why you're distinctly better than the alternatives." So what is online learning's value proposition? And why does it need one? And when we are selling education (as entailed by the logic of the value proposition) who are you selling to, and what value do they expect in return? That's what has been occupying me in my day job recently. Or I'll need to brush up my personal value proposition.
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