Business Model Innovation
presented by Matt Tice, MD Asia-Pacific,
Palladium Group
Learn how to counter disruptive threats to your core business model and find innovative ways to create new sources of value at the expense of your competition
As we look ahead to 2014 and beyond, business confidence is strengthening and organisations are starting to take stock of how to grow their businesses in a rapidly changing environment. Across the board in every sector of the economy disruptive change is underway driven by poor economic outlook, technology, demographic, regulatory change and other factors testing the limits of existing business models. Organisations that are not actively deconstructing and reconstructing their business models to counter these threats and find new opportunities are at a distinct disadvantage.
Participate in a hands-on, highly interactive experience designed to help you learn how Business Model Innovation can be applied to:
· Cope with disruptive change or lead disruptive change
· Reverse decline in market share, growth, and profitability
· Identify new sources of top and bottom-line growth
· Identify and exploit white space opportunities in the market
· Break down embedded assumptions preventing the business from growth
· Discover how to do more with less by making critical adjustments to your existing business model (public sector)
Business Model Innovation (BMI) is a new innovation discipline designed to help organisations change the way they create, capture, and deliver value in the wake of significant disruptive change in the marketplace, often driven by technology, regulatory demographic and other change that render existing business models obsolete. Unlike traditional incremental forms of innovation (e.g., product and process innovation), Business Model Innovation helps organisations to identify and occupy white-space opportunities and build the capabilities required to win. BMI requires deconstruction of existing business models and reconstructing these around new or modified value propositions factoring in both demand and supply side adjustments.
In this session you will learn how Business Model Innovation can be applied by participating in a fun and engaging exercise that will demonstrate the technique in a simulated competitive environment where the winners will be separated from the losers.
Across the board in every sector of the economy disruptive change is underway driven by poor economic outlook, technology, demographic, regulatory change and other factors testing the limits of existing business models. Organisations that are not actively deconstructing and reconstructing their business models to counter these threats and find new opportunities are at a distinct disadvantage.
In this session you will learn how Business Model Innovation can be applied by participating in a fun and engaging exercise that will demonstrate the technique in a simulated competitive environment where the winners will be separated from the losers.
Participate in a hands-on, highly interactive experience designed to help you learn how Business Model Innovation can be applied to:
• Cope with disruptive change or lead disruptive change;
• Reverse decline in market share, growth, and profitability;
• Identify new sources of top and bottom-line growth;
• Identify and exploit white space opportunities in the market;
• Break down embedded assumptions preventing the business from growth; and
• Discover how to do more with less by making critical adjustments to your existing business model (public sector)
WHAT IS BUSINESS MODEL INNOVATION?
Business Model Innovation (BMI) is a new innovation discipline designed to help organisations change the way they create, capture, and deliver value in the wake of significant disruptive change in the marketplace, often driven by technology, regulatory demographic and other change that render existing business models obsolete. Unlike traditional incremental forms of innovation (e.g., product and process innovation), Business Model Innovation helps organisations to identify and occupy white-space opportunities and build the capabilities required to win. BMI requires deconstruction of existing business models and reconstructing these around new or modified value propositions factoring in both demand and supply side adjustments.
WHEN DO YOU NEED BUSINESS MODEL INNOVATION?
• When core business margins or revenue are under threat;
• When the 'traditional' marketplace is experiencing significant disruptive change;
• When traditional innovation approaches reach diminishing returns;
• When insurgent competitors attack the fringe of your core business;
• When significant cost savings are required that cannot be achieved via traditional methods; and
• When the demand generation engine of the business (e.g., sales model, channel structure or marketing model) fails to achieve the desired results.
Two hour Seminar followed by refreshments and networking
Time: 3.30pm to 7.00pm
Venue: AUT University, Sir Paul Reeves Building, 2 Governor Fitzroy Place (off Mayoral Drive or St Paul's St) Auckland City
Cost: Members $175 inc GST, Non Members $195 inc GST
Registrations will not be refunded if bookings are cancelled after 14th May 2014.
