❗The content presented here is sourced directly from Udemy platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.

Updated in [October 07th, 2023]

What does this course tell?
(Please note that the following overview content is from the original platform)
In this course you will learn how to successfully innovate your existing Business Model You will get insights why business model innovations are relevant for every company understand why big companies failed innovating learn an easy step-by-step guide to innovate your business model and get some valuable tipps on how to succeed implementing itThe course is divided into five main parts:1) Analyzing external factors and the relevance of business model innovations2) Understanding your existing business model 3) Creating business model innovations for your long term success4) Preparing a pitch to get feedback on your idea and optimize it5) Valuable tipps for implementing your new business modelUsing the Business Model Canvas you will gain a deep understand of your existing business model focusing on your value proposition customers revenue streams internal resources and activites and cost structure This will help you getting an objective view on your existing business and creating a strong value proposition The Business Model Innovation Pattern Cards from the St Gallen University will show you 55 types of business models reflecting all possible designs your new business model could look like We will illustrate all business model types with dozens of examples for the best learning experience You will be able to adapt the business model types in an easy manner creating incremental and radical ideas for innovating your business and differentiating from your competition This Business Model Innovation course will give you deep insights into some of the best and most innovative business practices You will be able to classify every company out there into an existing business model type and create innovate ideas for companies of every size (startups small and medium business as well as large corporations) You can use the step-by-step guide to innovate business models on your own - or work in a team Using this course in a workshop will create even more ideas and will definitely boost your business success Captions: This course has perfectly accurate english captions They have been reviewed by ourselves so they correspond 100% to the audio Captions can help you understand better if english is not your native language And if you have hearing problems you can still go through this full course without any problems (Disclaimer: The "Business Model Canvas" and the "BusinessModel Innovation Pattern Cards" used in some parts of this course is used under Creative Commons license and attribution goes to Strategyzer and the St Gallen University This course has no affiliation with and is not endorsed by the authors)-In order to come up with the content for this course we analyzed and reverse-engineered many tactics of successful and innovative companies Youll see examples from Airbnb Amazon eBay Starbucks Coca-Cola Apple Nintendo Kodak Blockbuster Atari Procter & Gamble Wikipedia Netflix Red Bull Facebook Zara Porsche Ikea and many more!Here is some feedback from clients I worked with using the step-by-step guide:★★★★★ "The process was really easy to understand and we created so many good business model ideas with it The author is great at explaining the different business model types and how to use them!"★★★★★ "After understanding our existing business model deeper than ever before we were able to create a truly great business model innovation It helped us to get ahead of our competition and grow our revenue by 40% Amazing experience!"★★★★★ "Even though Im working in management for more than 10 years my understanding for business model types completely changed Great stuff"★★★★★ "Unbelievable how easy it is to create innovative business models I can recommend it to all kind of companies!"Who this course is for:Small or medium business ownersEntrepreneursInnovation managersC-level executivesEveryone interested in BusinessModel Innovations

We considered the value of this course from many aspects, and finally summarized it for you from two aspects: skills and knowledge, and the people who benefit from it:
(Please note that our content is optimized through artificial intelligence tools and carefully reviewed by our editorial staff.)
What skills and knowledge will you acquire during this course?
During the course "Innovate Your Business Model 2021: A step by step guide," participants will acquire the following skills and knowledge:
1. Understanding the relevance of business model innovations: Participants will gain insights into why business model innovations are important for every company and learn from the failures of big companies in this area.
2. Analyzing external factors: Participants will learn how to analyze external factors that can impact their business model and understand the importance of adapting to changing market conditions.
3. Understanding existing business models: Participants will gain a deep understanding of their existing business model using the Business Model Canvas. They will focus on elements such as value proposition, customers, revenue streams, internal resources and activities, and cost structure.
4. Creating business model innovations: Participants will learn a step-by-step guide to innovating their business model. They will be introduced to the Business Model Innovation Pattern Cards, which showcase 55 types of business models. This will help them generate incremental and radical ideas for innovating their business and differentiating from competitors.
5. Preparing a pitch and getting feedback: Participants will learn how to prepare a pitch to present their business model innovation and receive feedback. This feedback will help them optimize their ideas and increase the chances of success.
6. Implementing the new business model: Participants will receive valuable tips for implementing their new business model. They will learn best practices and strategies for successful implementation.
7. Classifying companies and creating innovative ideas: Participants will be able to classify any company into an existing business model type and generate innovative ideas for companies of all sizes, including startups, small and medium businesses, and large corporations.
8. Workshop and team collaboration: Participants can use the course in a workshop setting to generate even more ideas and enhance their business success through team collaboration.
Who will benefit from this course?
This course will benefit a wide range of individuals and professionals, including:
1. Small or medium business owners: The course provides valuable insights and a step-by-step guide on how to innovate their existing business models, helping them differentiate from competitors and achieve long-term success.
2. Entrepreneurs: Entrepreneurs can learn how to create innovative business models for their startups, increasing their chances of success and growth.
3. Innovation managers: This course offers a deep understanding of business model types and provides tools to generate innovative ideas, making it beneficial for innovation managers looking to drive change and growth within their organizations.
4. C-level executives: Executives can gain valuable knowledge on business model innovations, enabling them to make informed decisions and drive strategic changes within their companies.
5. Everyone interested in Business Model Innovations: The course is suitable for anyone interested in learning about business model innovations, regardless of their profession or industry. It provides a comprehensive understanding of different business model types and offers practical tips for implementing them.

Course Syllabus

Introduction

Relevance of Business Model Innovations

Introduction to the Step By Step Guide

Step 1 - Understanding Your Current Business Model

Step 2 - Generating Innovative Business Models

Step 3 - Pitching Your Idea And Using Feedback

Tipps For Success and Conclusion