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 Salt Lake City 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.

Salt Lake City is situated in the Wasatch Front within the north-central part of Utah, as well as it being the capital city of Utah is also one of two major urban areas within the Great Basins. SLC or Salt Lake as the city is otherwise known is the most populated city with Utah as it is home to an estimated 1,153,340 people as of 2014 as well as having a metropolitan population of around 2,423,912 people. Salt Lake City has 23 elementary, 5 middle and 3 high schools as well as a charter school. In 1847 the first classes for children within the Mormon families was held in a tent and now today salt city lake includes a number of catholic schools which include Rowland Hall-St. Mark's School which is Salt Lake City’s premier independent school and Judge Memorial Catholic High School. Some of the universities and colleges within Salt Lake City includes the LDS Business College, Westminster College, University of Utah, The Art Institute of Salt Lake City and the Salt Lake Community College. The University of Utah is renowned for the medical and research programs they run as well as holding the first artificial heart transplant within 1982 and it also worked alongside three other universities with ARPANET in 1969 where pioneer Ivan Sutherland had moved within the Computer Science department.

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Address

285 West Broadway
Salt Lake City
Utah
84101

T: +1 7204454674

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Business Model Innovation Training in Salt Lake City. 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 Salt Lake City, 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.

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 Salt Lake City FAQs

Please arrive at the venue at 8:45am.
We are able to provide support via phone & email prior to attending, during and after the course.
Delegate pack consisting of course notes and exercises, Manual, Experienced Instructor, and Refreshments
This course is [ ] day(s)
Once your booking has been placed and confirmed, you will receive an email which contains your course location, course overview, pre-course reading material (if required), course agenda and payment receipts
The training fees for Business Model Innovation Trainingin Salt Lake City starts from $1295
The Knowledge Academy is the Leading global training provider for Business Model Innovation Training.
Please see our Leadership Courses courses available in Salt Lake City
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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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