UNDERSTANDING BUSINESS MODELS - INNOVATIVE MOVES TO DELIVER STRATEGIC GOALS

Live-Online Training: N123,625
Classroom Training: N 182,750
3 - 4 participants: 5% discount
5 or more participants: 10% discount

(Available also for Customised Training by Duration, Venue & Fee)

This is a robust opportunity to plan for the future of the business.

Course Contents

DAY ONE

Models for a Business

• A robust opportunity to plan for the future of the business.
• Make your own innovative model come alive
• Lessons from copy-cat business models
• Can your market deliver profit to you?

Process of Creating a Business Model

• The Business Model Canvass
• Choose your central focus of business

• • customer intimacy

• • cutting edge offering
  • standardization and volume

• Make Your Product and Service Decisions

• •  “pain killers”
  •  “vitamins”
  •  custom-designed
• Decide Your Market Reach
• • mass market
  • market segments
  • niche market
  • multi-sided: compliments

• Take Your Channels Decisions

• • communicating value propositions
  • product/service delivery process
  • post-purchase relationships

• Decide Key Resources

• • physical assets
  • material assets
  • human assets
  • intellectual assets
  • financial assets
• Critical partnerships
• Structural decisions
• • Cost driven operations
  • Value driven operations
• Revenue streams

• Critical activities

DAY TWO

Implementing an Innovative Model

• Reinvent the business
• Direct into future innovativeness.

Business Model Willow Creek Association Format

• Component of the Model
• Current focus
• New focus
• What can you do about your process?

Value Innovation

• Spirit of adventure
• Spirit of discipline
• Fit into new customer equity.