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Updated in [July 18th, 2023]
What skills and knowledge will you acquire during this course?
Participants in the course "Low Cost Business Models" will acquire the skills and knowledge necessary to successfully implement a low-cost model in their business. They will learn how to build a low-cost model specific to their industry, identify areas for improvement to remain competitive, estimate their competitive advantage using industry data, and implement the Blue Ocean Strategy. Additionally, participants will have access to additional resources such as interviews, presentations, and books that provide more detailed data and demonstrate the impact of certain strategies on businesses. By the end of the course, participants will have a better understanding of how to implement a low-cost model and will have a library of ready-made analyses that can be applied in their work.
How does this course contribute to professional growth?
This course on Low Cost Business Models contributes to professional growth by providing participants with the knowledge and skills to successfully implement a low-cost model in their business. Participants will learn how to build a low-cost model in their industry, identify areas for improvement, estimate their competitive advantage, and implement the Blue Ocean Strategy. Additionally, participants will have access to additional resources such as interviews, presentations, and books, which can further enhance their understanding and application of low-cost business models. Overall, this course equips professionals with valuable insights and tools to drive efficiency and competitiveness in their organizations.
Is this course suitable for preparing further education?
This course is suitable for preparing further education.
Course Syllabus
Introduction
Case studies of successful low cos models
Math behind the low cost model
The Blue Ocean Strategy
10 x current solution using first principles
Conclusions