Requirements Basic Business Knowledge: Familiarity with basic business concepts such as strategy, operations, and finance will help you better understand and apply the course material. Interest in Innovation: A keen interest in innovation, digital transformation, and business model innovation is critical to stay engaged and get the most out of this course. Description Introduction Corporate leaders are worried, as businesses face unprecedented challenges and opportunities. The digitization of industries has disrupted traditional profit avenues and has made it increasingly difficult for businesses to grow. The gravity of the situation is evident from these statistics: 80% of CEOs fear their business models are unsustainable in the digital revolution 94% of CEOs are dissatisfied with their innovation initiatives 85% of digital investments have yielded no or negative 'Economic Value Added' 90% of corporate startups have not succeeded Even as we strive to stabilize the present, we must prepare for the future and reimagine our approach to strategy, innovation, and investment. Every business can emulate the exponential growth seen by giants like Amazon, Apple, and Alibaba. To do so, they need to: Allocate resources towards digital business models and platform strategies Re-engineer their operations Innovate and implement in novel ways After spending a year studying successful business models in our hyper-connected world, I've determined how traditional organizations can adopt and adapt these models. This user-friendly online video course guides you through the process, backed by an exhaustive analysis of the link between business models and financial performance, case studies from industry leaders, and proven methodologies and frameworks. The course comprises five 45-minute modules: The New Growth Agenda – Unveiling value sources in the digital economy (THIS MODULE) Platform, Network, and Ecosystem Expertise – Implementing the 10 essential platform strategies Business Model Trailblazers – Case studies of innovative strategies from around the world Revamped Business Model Portfolio – How to reallocate resources to foster growth Revitalize – A five-step comprehensive process to invigorate your organization’s response to market opportunities Presented with clear graphs and visuals, this course includes 40 short videos within five modules, complete with actionable checklists and specific learning tasks, all tailored to suit your consumption preference. Who this course is for: Senior Executives: CEOs, COOs, CFOs, and other C-suite executives who are looking to pivot their organizations towards innovative business models for growth. Middle Management: Departmental heads and team leaders who are responsible for implementing strategic changes within their divisions. Entrepreneurs and Startups: Individuals starting their own businesses or those already running startups, who can benefit from understanding successful business models and growth strategies. Business Strategists and Consultants: Professionals advising businesses on growth strategies, who need to stay updated with the latest in business model innovation. Business Students and Academics: Those studying business at an undergraduate or postgraduate level, or academics teaching or researching in the field, who want to deepen their understanding of contemporary business models and growth strategies. Investors and Venture Capitalists: Individuals and groups who invest in businesses and need to understand potential for growth and success of various business models. Corporate Innovators and Change Agents: Individuals within organizations who are tasked with driving innovation and change. Non-Profit Leaders: Heads of non-profit organizations who are looking to innovate their business models for increased impact.
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