Which model is commonly utilized to visually depict the current state?

The business model canvas is commonly utilized to visually depict the current state of an organization's business model. It provides a clear overview of the key components that define how a company creates, delivers, and captures value. This model helps in understanding the essential elements such as customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure.

Using the business model canvas, analysts and stakeholders can collaboratively assess the existing business dynamics, identify strengths and weaknesses, and facilitate discussions around potential improvements. Its visual format allows for easy comprehension and engagement from all participants, making it an effective tool for current state analysis.

Other models mentioned, like SWOT analysis, focus more on identifying strengths, weaknesses, opportunities, and threats, rather than visually mapping out the business components. The stakeholder engagement model is aimed at understanding and mapping stakeholders' influence and interests, and the data flow diagram is used to illustrate how data moves through a system rather than describing the overall business model.