The lean model canvas and social business model canvas are derivations of the original business model canvas. More recent theories suggest that disruptive innovations are disruptive because they disturb the underlying business model of the companies being disrupted

The business model canvas addresses customer segments, customer relationships, channels (of distribution), revenue streams, value propositions, key partners, key activities, key resources, and cost structure. Business models and business plans are tools involved in the strategic process of charting a path for your entrepreneurial venture.

business model — plan for how venture will be funded; how the venture creates value for its stakeholders, including customers; how the venture’s offerings are made and distributed to the end…. business model canvas — developed by Osterwalder and Pigneur, used to develop a business model for a venture, including nine blocks that are mapped out to address customer segments, customer…. business plan — formal document that typically describes the business and industry, market strategies, sales potential, and competitive analysis, as well as the company’s long-term goals and…. disruptive innovation — process that significantly impacts the market by making a product or service more affordable and/or accessible often by smaller companies in an industry.