Business Model Innovation for Organizational Transformation

Business Model Innovation for Organizational Transformation

Item No. a056g00000URaabAAD
Course Dates Format Duration Time Commitment Price
May 17–19, 2021 Live Online 3 days 5 hours/day $4,500

Tracks

Strategy and Innovation

Certificate Credits

2.0 EEUs

Topics

- Digital Business & IT

- Strategy & Innovation

New competitors, digitization of product and service offerings and delivery, and unforeseeable events are shaking up our businesses, economies, and global society. While innovation around products and services are necessary to stay ahead, innovating around your business model is essential for delivering longer lasting competitive advantage. This new online business course demonstrates how exploring your business model logic and its implications for organizational structure can improve your organization’s approach to innovation and customer value creation.

Taught by innovation pioneer and MIT Sloan Senior Lecturer Bill Fischer, Business Model Innovation takes a deep dive into how organizations can enhance their competitive advantage and benefits to the customer. As a participant, you’ll learn how to look under the hood of your organization to better understand the business models, corporate culture, and coordinating mechanisms that power it—in other words, its “operating system,” and then explore ways to competitive differentiation by innovating with your organization's value proposition reimagining the logic of the underlying operating model.

Featuring case studies and exercises to prototype your own business and organizational models, this new course will equip you with the tools and frameworks to analyze:

  • Where your business creates value for customers now; where customers are looking for new value creation in a competitive, multi-actor ecosystem; and how and where to create value to meet those needs.
  • Internal structure and cultural assumptions: Successful business models are supported by organizational cultures that make it easier, rather than harder, to achieve business objectives. Culture is the outcome of managerial choices, and we will explore what those choices are and how they can be made to work more effectively.

Upon completing this online business course, you will be able to build a coherent and compelling business model narrative to describe and guide your operational managerial choices. You will also understand what is required to ensure a scalable learning culture that both inspires workers to take chances and provides the structural elements to make it possible for them to do so.

 

As a participant in this course, you will become an astute business model developer. In doing so, you will learn how to:

  • Identify changing customer experiences and how your organization can help meet these needs in a competitive environment
  • Think about innovation more broadly than just technology
  • Articulate your organization’s value proposition in terms that your customer would understand and appreciate, and which capture the true voice of the customer
  • Use business model canvases as a means to prototype innovative “what ifs?” for your company
  • Synchronize business models with corporate culture to be mutually reinforcing and aligned to create value for your customer
  • Appreciate how ecosystem development can add new ideas to your portfolio of offerings, in ways that traditional value-chains could never achieve.


You will also understand what is required to create a successful corporate innovation ecosystem, where your people have the opportunity to learn, improve, and express their entrepreneurial intentions and capabilities.

Sample Schedule—Subject to Change

This online business course is ideal for:

  • Business professionals who are responsible for products or services in a market, such as Senior Project Managers and Product Development Managers
  • Chief Innovation Officers
  • Executives involved in setting and delivering overall strategy for the company
  • Leaders of customer experience
  • General Managers and Vice Presidents who want to learn how to work more effectively within in an ecosystem environment

 

Course Dates Format Duration Time Commitment Price
May 17–19, 2021 Live Online 3 days 5 hours/day $4,500

Tracks

Strategy and Innovation

Certificate Credits

2.0 EEUs

Topics

- Digital Business & IT

- Strategy & Innovation

Enroll Now!

$4,500

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