Unicanvas: Exploring a tool for strategic management

List of Authors

  1. Julio Segundo ,  
  2. Mariluz Fernandez-Alles ,  
  3. Maria Velez ,  
  4. Jose M. Sanchez
Article Authors & roles Authors Peer review record Peer review Metrics
Cite

Abstract

Purpose

This research proposes an adapted version of Business Model Canvas (BMC) as a potential strategic tool for the design of the business model of Higher Education Institutions (HEIs). In the context of fifth-generation universities, the University-Model Canvas (Unicanvas) offers a solution to some limitations of traditional strategic tools. Unicanvas aims to be a critical visual and dynamic tool to address the new challenges faced by universities such as internationalization, digitalization, sustainability, and corporate social responsibility.

Research methods/Approach

We adapt the strategic building blocks, in which some of the BMC blocks have been renamed and an achievement block has been added. We reflect theoretically on the peculiarities of each block in the context of universities to explain the versatility of the tool for designing university business models tailored to different value propositions and for various beneficiaries.

Findings and implications

Unicanvas offers universities the flexibility and dynamism to adapt their different business models to various forms of value creation that arise from their growing number of beneficiaries, missions, and the new trends and challenges they face. We conclude that using this participatory, dynamic, intuitive, and flexible strategic tool will facilitate the holistic design of the business model of these institutions.

Corresponding author
Jose M. Sanchez
0000-0002-6182-5140
Grant information

This project has received funding from the European Union's Horizon 2020 research and innovation program under grant agreement No [101017454] (reinforcing Sustainable Actions, resilience, cooperation, and harmonization across and by the SEA-EU Alliance [reSEArch-EU]).

Copyright
© 2024 Julio Segundo (Co-Author); Mariluz Fernandez-Alles (Co-Author); Maria Velez (Co-Author); Jose M. Sanchez (Corresponding Author, Co-Author) Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

First version published
Latest version published
Revised

Amendment

Only two very specific changes have been included in this latest version, made at the suggestion of one of the reviewers, for the sake of clarity. On the one hand, a sentence in the introduction has been shortened to avoid repetition in the background section. Secondly, the sentence in the section on customer segments has been reworded to indicate that there is an interesting debate on the role that students play as customers, or not, in universities.

Comments

Authors & roles

Julio Segundo

Business Organization Department, University of Cadiz, Cádiz, Andalusia, Spain

Roles
Co-Author, Conceptualization, Investigation, Writing – Original Draft Preparation, Writing – Review & Editing
0000-0003-1257-5381

Mariluz Fernandez-Alles

Business Organization Department, University of Cadiz, Cádiz, Andalusia, Spain

Roles
Co-Author, Conceptualization, Investigation, Writing – Original Draft Preparation, Writing – Review & Editing
0000-0003-2897-9954

Maria Velez

Department of Financial Economics and Accounting, University of Cadiz, Cádiz, Andalusia, Spain

Roles
Co-Author, Investigation, Writing – Original Draft Preparation, Writing – Review & Editing
0000-0002-1267-0904

Jose M. Sanchez

Business Organization Department, University of Cadiz, Cádiz, Andalusia, Spain

Roles
Corresponding Author, Co-Author, Conceptualization, Investigation, Supervision, Writing – Original Draft Preparation, Writing – Review & Editing
0000-0002-6182-5140

Downloads over the last 12 months:

Cited by

via Crossref

View citing articles