Startup & Entrepreneurship

Business Modeling for Startup or Business Development

Introduction

Business Modeling has evolved as an essential part of the decision-making process to address these requirements. Business models help to significantly reduce an organization's risk and uncertainty by allowing management to anticipate unfavorable outcomes and carefully evaluate strategic options; Logically structure and document any decision so that it can be easily communicated to others; Ensure that discrete strategies are not analyzed in isolation, but examined in terms of their effect on the business as a whole.

How you will benefit

RBNC designed this two-day course providing executives with an introduction to the Decision Process and to Business Modeling. Participants will learn how to structure their approach to decision-making in order to make more insightful decisions. They will also obtain an overview of leading analysis, valuation and modeling techniques and tools

  • Identify and articulate the different elements of a business model
  • Examine a variety of business model designs and evaluate best fit with business requirements
  • Present a value proposition that caters to customer needs and concerns
  • Design and assess business models based on identified gaps and business remedies
  • Test and implement business models that are innovative and viable

Who should attend

The course will benefit Startup Founders, Business Development Professionals, CEO's, CFO's, General Managers, Strategy Directors, Strategic Planners and Analysts from all industries

What you will cover

Module 1: Business models – An introduction

  • What is a business model? A definition
  • Understanding business models
  • Business models, innovation, and market disruptions
  • The business model card game
  • Strategy versus business models
  • Getting started with your business model

Module 2: Creating a business model

  • What makes a successful business model?
  • Business modeling and transformation
  • A look at business modeling tools: The Omega business model

Module 3: Exploring customer value

  • Concepts behind customer value and value proposition
  • Customer discovery and the pivot
  • Business models and value
  • Customer discovery process
  • Customer segmentation and the target market
  • The value proposition canvas
  • Delivering value

Module 4: Designing complex business models

  • Viewpoints on business modeling
  • The partner value matrix
  • The value network
  • Multi-sided business modeling
  • Understanding customers through personas

Module 5: Business modeling implementation and testing

  • Practice on your real business idea or business development
  • Apply the STARTUP roadmap
  • A quick look into agile business model development
  • Integrating agility into business model designs
Study Time

This practical training program is designed with:

16 hours training - 2 days

Schedule

New York
3,500 $
13 Jun & 14 Jun 2023

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