Business Analysis Question- The Business Canvas vs the Vision Board

#BA_Question:

What is the relationship between a Business Model Canvas and a Vision Board?

I got this question during a mentorship session a few days ago. I thought it would be nice to share the answer to guide others. Let me know your thoughts.

Answer:

Both documents share many relationships and complement each other.

Figure 1: Relationships between the Business Model Canvas and Vision Board.

I have completed the image above to provide some insight into the relationship between both artefacts. Foundationally, the Business Model Canvas represents the current state of the business while the Vision Board represents the future state. As such, the multiple items from the Business Model Canvas will help you complete those on the Vision Board. Use the arrows in the diagram to see the relationships.

I hope that helps you on your journey. You can use the contact form to reach me with more questions.