The course equips you with a comprehension on the various innovation strategies for your business model, which will enhance you business growth. Our course offers in-depth knowledge on the formulation of innovation business models and revenue models. It will also enable the participants to master the different types of innovation. The course will also offer an understanding of customer psychology to innovate business models based on customer needs.
Overview
The course will enable the participants to prepare advanced business models with the help of a business model canvas. It also equips them with the knowledge of the vital information required for including in the business canvas. Furthermore, it offers information on the latest business model innovation strategies that startups and large companies employ. The course is designed to ensure that complex concepts are delivered to participants, thereby supporting them in remembering and applying there concepts in their current jobs and making crucial business decisions,
Who should attend
Anyone who wants to enhance their expertise in the venture capital or startup industry and wants to build a career in the VC space or start his own business should attend this course, which includes:
- Participants or young professionals who aim to develop a career in the VC’s and startup space
- Functional/department heads and decision-making professionals;
- Business owners, entrepreneurs, investors, and consultants;
- Any other professionals who want to upgrade their skills in the venture capitalist and corporate investment career/jobs
Methodology
The non-theoretical methodology includes interactive discussions, case studies, interactive games, and assignments to understand the concepts and their applicability.
Trainer
We carefully choose all our trainers with rich and vast experience in the financial sector. The course will be conducted by an experienced training consultant having more than 20 years of industry experience with some of the world’s leading financial institutions, specializing in startups investment, venture capital, and investment banking.
What is business model innovation?
How to create and present an innovative business model to your clients?
Reviewing the company’s significant resources, activities, and partners
Reviewing the various business model creativity tools for innovation
What is a business model kit?
Studying the difference between the business model kit and business model canvas
Taking up more research before a product sale
Marketing through multiple channels with fast delivery
Why invest in augmented reality and artificial intelligence?
Determining your customer base and managing client relationships
Assessing your principal resources, activities, and partners
Understanding the revenue streams and cost structures
- Formulating a business model aligning with the company’s goals
- Assessing the business plan for its self- reinforcement and robustness
- Reviewing the strategies of startups to disturb markets and pull out huge players
Analyzing customer value preferences and innovating the business model based on customer needs
Employing a customer survey for testing the business model
How to alter the business model as per client requirements
How to acquire new customers and retain and grow the existing customer chain
How to disrupt customer segments and focus on underserved market niche
Studying the delivery of digital products, digital sales, and physical sales channels
Studying new product development methods
Assessing advanced production techniques
Reviewing the critical points of process innovation
How to disrupt revenue models
Studying freemium and micropayments
How to take up advertising, affiliates, and franchising
Studying the need and preferences of customers when making purchases
Assessing the convenience and pleasure resulting from buys
Determining how scarcity increases product value
What are business models?
What essential information to include in a business model canvas
Reviewing the checklist for making the most appropriate business model
What value prepositions and channels to include in a business model canvas
Assessing customer segments, customer relationships, revenue streams, and cost structure
Studying the principal activities, resources, and partners for having in the business model
- Naming the business purpose
- Linking the boxes in the business model canvas
- Testing assumptions and formulating new versions
