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Understand	the	Context

Value	propositions	and	business	models	are	always
designed	in	a	context.	Zoom	out	from	your	models	to
map	the	environment	in	which	you	are	designing	and
making	choices	about	the	prototypes	to	pursue.	The
environment	is	made	up	of	competition,	technology
change,	legal	constraints,	changing	customer	desires,	and
other	elements.	Learn	more	with	the	illustration	on	this
spread	or	read	more	in	Business	Model	Generation.
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