Business Model Innovation
Training Provider: SINGAPORE UNIVERSITY OF TECHNOLOGY AND DESIGN
Course Reference: TGS-2025056254
S$500
Original: S$1,000
Save S$500
About This Course
• Demonstrated understanding of the Design Innovation (DI) Process, including the structural elements of people, process, methods, and principles
• Understanding and ability to cite example applications of Business Model Innovation principles and alternative approaches
• Understanding and ability to create a business plan
• Understanding and ability to develop elements and full Business Model Canvas
(BMC)
• Understanding and ability to apply Lean Startup principles and process structure, when paired with DI process and agile process
• Understanding and ability to assess organization with the DI audit tool and to develop DI management approaches
What You'll Learn
In this digital economy, many companies have developed and pioneered innovative business models such as Apple, Amazon, AirBnB, Dropbox, Google, Netflix, Uber, Tesla and more.
A business model describes the rationale of how an organization creates, delivers and captures value. Business model innovation looks at enhancing and sustaining an organisation's competitive advantage through unique value creation and delivery to its customers.
The aim of this programme is to guide participants through a strategic analysis of their current business model in order to identify a focused selection of high potential opportunities that could boost their organisation's performance.
Participants will engage with concepts and tools of Design Innovation for business model design, innovation, differentiation and diversification. They will also be inspired by lots of examples and walk away with creative mindsets that will boost their performance.
By the end of the programme, each participant will have identified a focused selection of high-potential opportunities to apply business model innovation to their company and understand the concept of iterations using lean startup methodology.
A business model describes the rationale of how an organization creates, delivers and captures value. Business model innovation looks at enhancing and sustaining an organisation's competitive advantage through unique value creation and delivery to its customers.
The aim of this programme is to guide participants through a strategic analysis of their current business model in order to identify a focused selection of high potential opportunities that could boost their organisation's performance.
Participants will engage with concepts and tools of Design Innovation for business model design, innovation, differentiation and diversification. They will also be inspired by lots of examples and walk away with creative mindsets that will boost their performance.
By the end of the programme, each participant will have identified a focused selection of high-potential opportunities to apply business model innovation to their company and understand the concept of iterations using lean startup methodology.
Course Details
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Note: To apply for this course, visit the SkillsFuture website or contact the training provider directly.
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