Workshop for IE Singapore
Business model design and innovation workshop for 100 executives of International Enterprise (IE) Singapore (web)
The workshop aims at (a) learning about and applying a practical visual language to describe, challenge, and design business models, (b) appreciating powerful examples of business model innovation, ranging from start-ups to Fortune 500 companies and social entrepreneurship ventures, and (c) exploring and prototyping business models using design thinking and customer development to boost future growth. The day will be a mix between presentation, q&a, buzz groups, and hands on practice.
PROGRAMME BREAKDOWN
Intro to business model thinking as a strategy tool
- Understanding what business models are and why they are important today
- Exploring the Business Model Canvas, a systematic approach to working with business models
- Situating the business model concept in the enterprise
Business model innovation cases and buzz groups
- Understanding how innovative business models can transform industries.
- Using the Business Model Canvas with introductory examples
- Ground rules and pitfalls of the Business Model Canvas.
Design thinking for business model innovation
- Coming up with innotive business models with a design mindset
- Customer centricity as a starting point for business model innovation
- Prototyping business models
Intro to testing business models with the “Customer Development” and “Lean Startup” process
- Introduction to testing business models
- The Customer Development process
- Examples of significant business model “pivots”
After this workshop, participants will have dived deep into a series of case studies across industries, got coaching and advice on business model topics, and shared knowledge and experience among participants.
