Introduction
Business model innovation is the new approach to support complex investment projects that require collaborative strategies. Building competitive advantage through collaboration involves systematic efforts to co-align management and employees with customers, suppliers, investors and the wider stakeholders. In addition, such a multi-stakeholder approach requires robust definitions of the value proposition of each vendor and partner, rather than classical strategic aims and objectives.
Business models are these modern tools that enable managers to develop comprehensive scenarios for product / service development or market development, that establish foundations for sustainable growth. This seminar will offer an introduction to business model innovation and an extended practice of business model development for managers and executives.
Benefits
- Business leaders and innovation managers interested in enhancing their leadership skills
- Innovation leaders and senior managers who are tasked with delivering significant growth to their organizations
- Executives and public administrators tasked with strategic development seminars, institutional development, policy development and strategy implementation for enhanced innovation performance
- Members of policy groups tasked with strategic planning, innovation program development and financing
- Members of government responsible for designing open innovation ecosystems and open innovation tasks, or for implementing innovation strategy
- Leaders of academic institutions, universities, and other knowledge providers
Seminar Objectives
This seminar is intended to:
- enable delegates to acquire knowledge and skills for business model innovation
- enlighten participants about best practice in stakeholder engagement for innovation and competitiveness
- develop frameworks for building collaborative advantage
- complement management skills with advanced business development techniques
Training Methodology
The seminar is designed as an intensive training, and knowledge sharing experience, where group work facilitates learning. Through a set of lectures and practice exercises, delegates will be introduced to the advanced knowledge on business models and business model innovation, the transition from competitive to collaborative advantage, and how to manage strategic development seminars. Participants will learn by active participation, discussions, on-line resources and video materials.
Seminar Summary
The main goal of this seminar is to provide participants with an intensive five-day training experience and exposure to the best practice in business model innovation.
The key competences built through this training are to develop a comprehensive picture of the driver for business success, to evaluate the potential in new value propositions and to develop strategic pathways for business development. Business model innovation is introduced as a concept and as practice, leveraging all previous knowledge and skills.
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