Rethinking Your Business – Business Model Innovation and Business Model Shift
Training Provider: SINGAPORE INSTITUTE OF TECHNOLOGY
Course Reference: TGS-2024044136
S$300
Original: S$1,000
Save S$700
About This Course
The course is designed to provide participants with a hands-on learning experience, focusing on the development and validation of robust business models through the analysis of local Small and Medium-sized Enterprises (SME) cases.
What You'll Learn
The course is organized into four key modules, each addressing essential questions that assist companies in staying competitive and relevant.:
1. Defining the concept of a business model.
2. Exploring the process of designing a resilient business model.
3. Understanding the significance of business model innovation.
4. Transitioning from business model innovation to executing a business model shift.
The real-world case studies aim to deepen participants' understanding of key concepts and demonstrate practical applications, illustrating how they can create their own business models using the Business Model Canvas.
Next, participants will expand on the business models they crafted in the classroom. They will delve into the framework for business model innovation, exploring ways to reinvent and improve how their businesses create, deliver, and capture value. This process is essential for adapting to evolving customer needs and staying competitive in dynamic markets.
In the final segment, participants will engage in discussions covering various scenarios and patterns already implemented by businesses to shift their business models. This interactive session facilitates the exploration of new value creation opportunities for customers. Overall, the course offers a comprehensive journey from understanding foundational concepts to practical implementation and strategic adaptation in the ever-changing business landscape.
1. Defining the concept of a business model.
2. Exploring the process of designing a resilient business model.
3. Understanding the significance of business model innovation.
4. Transitioning from business model innovation to executing a business model shift.
The real-world case studies aim to deepen participants' understanding of key concepts and demonstrate practical applications, illustrating how they can create their own business models using the Business Model Canvas.
Next, participants will expand on the business models they crafted in the classroom. They will delve into the framework for business model innovation, exploring ways to reinvent and improve how their businesses create, deliver, and capture value. This process is essential for adapting to evolving customer needs and staying competitive in dynamic markets.
In the final segment, participants will engage in discussions covering various scenarios and patterns already implemented by businesses to shift their business models. This interactive session facilitates the exploration of new value creation opportunities for customers. Overall, the course offers a comprehensive journey from understanding foundational concepts to practical implementation and strategic adaptation in the ever-changing business landscape.
Entry Requirements
Senior Leaders of an organization. Director and above
Course Details
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