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Assignment:
You have been hired as a consultant by Career Karma's leadership to help the company overcome the challenges facing the company. Study the case and conduct necessary research and develop a report for the Career Karma's management. In your report address the following in sufficient detail:
1. Evaluate Career Karma's business model in terms of each of the four key business model components--value proposition, profit formula, key resources, and key processes. Identify some strengths and weaknesses of the company's business model.
2. What are the challenges facing the firm in terms of maintaining the effectiveness of its business model in the short and the long term? Are changes to the business model needed to allow for growth?
3. Given Career Karma's goals, strategy, and business model as well as the external and internal challenges the company is facing, what recommendations would you give to Harris and his cofounders to ensure that the company can ensure its competitive advantage and allow for sustainable growth?
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