Course information

Business Model Innovation Training Course Outline

Module 1: Introduction to Business Model Innovation

  • What is Business Model Innovation?
  • Why is Business Model Innovation Important?
  • Innovation Vs Invention
  • Business Model Innovation Cycle
  • Models of Innovation

Module 2: Importance of Innovation in Business

  • What is Innovation?
  • Why is Innovation Important for Business Success?
  • How to Embrace Innovation?
  • Why Does Business Model Innovation Matter?
  • Industries Embracing Business Model Innovation
  • Technologies are Driving Business Model Innovation

Module 3: Empathise and Validate

  • Innovate by Understanding Customer Needs
  • What is the Customer Journey Map?
  • Types of Customer Journey Maps
  • Conduct Customer Journey Analysis
  • Value of Customer Journey Mapping and Challenges in B2B Markets
  • Validate Assumptions

Module 4: Ideate

  • Importance of Creativity in Business
  • Barriers to Ideation and How to Overcome Them?
  • Importance of Sustaining Creativity in a Business
  • How can I Develop a Creative Mindset?
  • Business Brainstorming Techniques

Module 5: Prototype and Testing

  • Design Thinking as an Innovation Approach
  • Design Thinking Methods and Tools
  • Types of Prototyping
  • Guidelines for Prototyping
  • Prototyping Business Ideas
  • Prototype Testing in Business

Module 6: Embedding Innovation

  • What is an Innovation Culture?
  • Importance to Cultivate a Culture of Innovation
  • What is Innovation Parenting?
  • Innovation Culture Look Like
  • Barriers to Innovation

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Who should attend this Business Model Innovation Training Course?

This Business Model Innovation Training is ideal for individuals seeking to enhance their strategic thinking and creative problem-solving skills, fostering innovative approaches to business development and transformation. This course can be beneficial for a wide range of professionals, including:

  • Entrepreneurs
  • Business Owners
  • Product Managers
  • Strategic Planners
  • Innovation Managers
  • Marketing Managers
  • Operations Managers
  • Business Consultants

Prerequisites of the Business Model Innovation Training Course

There are no formal prerequisites in this Business Model Innovation Training.

Business Model Innovation Training Course Overview

Business Model Innovation is a crucial aspect for organisations seeking to thrive in today's dynamic and competitive market environment. This training course provides a comprehensive understanding of how to rethink and redesign business models to achieve long-term success and sustainability. By exploring innovative strategies and tools, delegates will learn how to create value and maintain a competitive edge.

Proficiency in Business Model Innovation is vital for professionals aiming to lead strategic transformation and drive growth within their organisations. This course is ideal for Business Leaders, Managers, Entrepreneurs, Consultants, and anyone involved in strategic planning and innovation. Gaining expertise in this area enables professionals to anticipate market changes, adapt swiftly, and create robust business models that deliver superior value to customers.

This intensive 1-day training by The Knowledge Acedemy provides delegates with actionable insights and practical tools to effectively innovate their business models. Through interactive workshops, real-world case studies, and expert-led discussions, delegates will gain the skills needed to identify opportunities, overcome challenges, and implement innovative solutions. The hands-on approach ensures that delegates can immediately apply their learnings to drive innovation and enhance their organisation's performance.

Course Objectives

  • To identify and critically analyse existing business models within various industries
  • To explore and apply innovative business model frameworks and methodologies
  • To develop creative and strategic thinking skills essential for innovation
  • To utilise practical tools and techniques for effective business model innovation
  • To evaluate the potential impact of innovative business models on organisational success
  • To foster a culture of continuous improvement and innovation within the organisation

After completing this course, delegates will receive a certificate that recognises their expertise in Business Model Innovation. This certification will enhance their professional credentials, demonstrating their ability to lead innovation initiatives and drive strategic growth within their organisations.

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What’s included in this Business Model Innovation Training Course?

  • World-Class Training Sessions from Experienced Instructors  
  • Business Model Innovation Training Certificate
  • Digital Delegate Pack

Why choose us

Our Reykjavik venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Reykjavik is the capital and largest city of Iceland and world’s northernmost capital of a sovereign state. Whilst Iceland has a population of approximately 329 thousand, the Reykjavik city has a population of around 121 thousand people. The Icelandic education system uses policies and methods controlled by the Ministry of Education, Science and Culture and they issue the National Curriculum Guidelines. The education system consist of four level (Playschool, Compulsory, Upper Secondary and Higher), where the playschools, primary schools, and lower secondary schools are funded and administered by the municipalities. Compulsory education comprises primary and lower secondary education. Upper secondary is not compulsory but everyone has the right to it. The University of Iceland has the largest seat of students, which is located in central Reykjavik. Reykjavik also has Reykjavík University, which is the largest private university in Iceland with over 3000 students. In Reykjavík there are 10 secondary school and 3 universities which include Iceland Academy of the Arts, Reykjavík University and The University of Iceland.

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Address

Bergstadastraeti 37,
Reykjavik 101,
Iceland

T: +44 1344 203 999

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Business Model Innovation Training in Reykjavik. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Business Model Innovation Training in Reykjavik, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's Business Model Innovation Training in Reykjavik. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Business Model Innovation Training in Reykjavik sessions.

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Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

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State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

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Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

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Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

Business Model Innovation Training in Reykjavik FAQs

Business Model Innovation involves developing and implementing new strategies to enhance a company's business model, creating value for customers, and gaining a competitive advantage. It focuses on transforming core aspects like revenue streams, customer segments, and delivery methods.
Business model innovation is crucial for staying competitive and adapting to market changes. It enables organisations to redefine their value propositions, create new revenue streams, and meet evolving customer needs, driving growth and long-term success.
This course takes 1-day to complete during which delegates participate in intensive learning sessions that cover various course topics.
To register for the course, visit the course The Knowledge Academy's website, navigate to the course page, and click on the registration button. Fill in the required details, select your preferred schedule, and complete the payment process.
In this training you'll explore techniques to design and implement innovative business models, strategies for creating value and differentiation, and methods to adapt to market changes and disruptions, enhancing your ability to drive business growth and sustainability.
Yes, this course is available online. It offers flexible learning options, allowing participants to access course materials and engage with instructors virtually, making it convenient for busy professionals to enhance their skills remotely.
The training includes an exam to assess your understanding and application of key concepts. This evaluation ensures you can effectively implement innovative strategies and practices in real-world business scenarios.
Yes, after completing this course you will receive a certificate of completion to validate your achievement and demonstrate your proficiency in the course material.
Yes, The Knowledge Academy offers 24/7 support via phone & email before attending, during, and after the course. Our customer support team is available to assist and promptly resolve any issues you may encounter.
Completing the course opens career opportunities in strategic roles such as business development manager, innovation consultant, and corporate strategist, enabling professionals to drive growth, develop innovative business models, and enhance competitive advantage in various industries.
If you face any issues in accessing the course materials, then you can reach out to our customer support team who will provide you with quick assistance to resolve the issue.
You should receive the confirmation details for the Copywriting Course within 24-48 hours after registration. If you haven't received it by then, please check your spam folder or contact our support team for assistance.
The Knowledge Academy in Reykjavik stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking this course.
The training fees for Business Model Innovation Trainingin Reykjavik starts from €1195
The Knowledge Academy is the Leading global training provider for Business Model Innovation Training.
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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