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Understand the importance of a business model
Learn how business model innovation can support the growth of your business
Know the best practices for designing innovative business models by leveraging some of the best productive tools
Business models are the basic guides for the operations of a business and the ways in which they deliver value. Until recently, business models were considered merely as the frameworks which described the sales and revenue models of an organization. However, changing competitive landscapes in the modern business environment presents the need for business model innovation. As a result, business executives, managers, senior decision-makers, and entrepreneurs are eager to learn business model innovation.
Many people assume business model innovation is only the process of changing the fundamentals of their business models to accommodate changing consumer behavior patterns and market environment factors. However, it is important to have a detailed impression of the basics of business model innovation in order to truly understand its significance and value. With many businesses struggling to enhance their competitive advantage in present times, the need for business model innovation becomes evident.
With the new 101 Blockchains business model innovation course, you will dive into the fundamentals of business models and business model innovation. The course offers comprehensive insights on leveraging business model innovation that enables business growth. At the same time, learners can also leverage the course and obtain the best value from business model innovation training by internalizing the practical insights on business model innovation practices and tools.
WHAT YOU GET IN THE BUSINESS MODEL INNOVATION COURSE
The new business model innovation course on 101 Blockchains is a specially tailored course for beginners in business model innovation. You can find the value of a business model course built with prominent attention to a flexible and seamless learning experience. Learners can use this course to gain knowledge about the fundamentals of business models and their significance.
At the same time, the course also offers more than just business model innovation theory in the engaging video lectures. Learners will also gain insights into the different approaches through which business model innovation can empower business growth. In addition, the course also specifies the use of vital tools to develop business model innovation.
What we will cover to help you get expertise in Business Model Innovation
Definition of business model and business model innovation
Explanation of business model patterns
Examples of business model patterns
Effect of IT and internet disruption on business model patterns with respect to Web 1.0
Effect of IT and internet disruption on business model patterns with respect to Web 2.0
The Interplay between business models and blockchain
Best practices for getting started with business model innovation
This training course is for you because...
You are a senior leadership member or decision-maker seeking new ways for enhancing the competitive advantage of your organization.
You are a manager working in R&D or business development, looking for productive and feasible ideas for shaping up new business offerings.
You are an entrepreneur or innovation manager trying to identify new possibilities to tailor business models for new ventures in accordance with your target audience.
You are a product or program manager looking for proactive approaches to introduce new products or services in the most efficient way to new markets.
The Business Model Innovation course has been created especially for the ambitious professionals who want to close the skill gap between getting formal education and becoming world-class enterprise experts. This course will not only help you gain theoretical knowledge but also clear business model concepts and provide you with practical insights thanks to the interactive exercises, demo videos, and whiteboard videos.
Senior leadership and decision-makers
Managers associated with R&D and business development
Entrepreneurs and innovation managers
Product and program managers
A seasoned IoT professional with over two decades of experience.
A Mechanical Engineering graduate from Munich and Trondheim, Norway, Dr. Markus Weinberger joined Bosch in 1998. Over the course of his professional career at Bosch, he collaborated with a team of researchers investigating IoT applications in connected mobility and smart home applications alongside IoT business models. His research achievements and dedication to the field of IoT helped Dr. Markus Weinberger serve as the Director of the Bosch IoT Lab at the University of St. Gallen and ETH Zurich from 2012 to 2016. With such great knowledge and experience in IoT, Dr. Markus aims to redefine the benchmarks of IoT training and education.
What is included in the Business Model Innovation Course
The business model innovation course on 101 Blockchains offers a detailed explanation of the basics of a business model. Learners will understand the necessity for business model innovation. The course not only helps you learn business model innovation but also the ways in which it can empower business growth. Most importantly, the course offers helpful insights on using tools for business model innovation to achieve competitive advantage.
Who should go for the business model innovation training?
The new business model course on 101 Blockchains is not just meant to help you learn the basics of business model innovation. Senior leadership and decision-makers could use the course to learn the best ways to improve existing business models. Furthermore, entrepreneurs, innovation managers as well as managers in R&D, business development, and product and program management could also utilize this course to enhance their capability to bring business growth.
Why should I choose the Business Model Innovation course?
The Business model innovation training course will help you gain the skills required for helping businesses in navigating through modern business and market challenges. As a result, you will become a valuable asset to any organization.
Do you offer expert support at 101 Blockchains?
Yes, all learners get responsive and round-the-clock expert support with 101 Blockchains. You can reach out to our subject matter experts with your questions, and we will answer them as soon as possible.
What are the prerequisites for the new 101 Blockchains business model course?
The new course on 101 Blockchains for business model innovation does not impose any prerequisites for interested candidates. If you want to learn business model innovation and its different implications, then you can enroll in this course immediately.
How much time will I get to complete the 101 Blockchains business model innovation training?
Learners do not have to worry about any time limit to complete the new 101 Blockchains business model innovation course. Even if the course is delivered in a specific timeframe, learners can use on-demand video lectures as they please and go back to the course topics according to their learning needs and convenience.
How can business owners benefit from this course?
Business model innovation is one of the key requirements for modern businesses to stay afloat in a competitive arena. Therefore, business owners will definitely find the new 101 Blockchains course helpful if they want to develop business model innovation in productive ways.
What is business model innovation?
Business model innovation basically refers to the process or methods adopted to improve competitive advantage and value creation. Business model innovation involves the introduction of mutually supportive and simultaneous changes in the existing operating model and value propositions.
What are the common steps for business model innovation?
The steps for business model innovation basically relate to the decisions which shape up innovation in the business model. They include Decisions on new product/service offerings, Timing of the decisions, Authorities responsible for making decisions and Underlying motives of authorities for making decisions.
How can I define new product/service selection in innovative business models?
The three common approaches for defining product/service selection in new, innovative business models include Development of a hedged portfolio, Narrowing the focus andIdentification of commonalities in products.
What are some of the top examples of business model innovation?
Some of the notable examples of companies utilizing business model innovation include Rolls-Royce, Dell, Netflix, Xerox, and many other prominent names.
What are the examples of approaches to business model innovation?
The common examples of business model innovation approaches include Resource innovations, Changes in customer relationship, Innovation in business practices and Cost innovations.