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4 Areas of Business Model Innovation (BMI) (PowerPoint PPT)
PowerPoint (PPT) 23 Slides FlevyPro Document
DESCRIPTION
This product (4 Areas of Business Model Innovation [BMI]) is a 23-slide PPT PowerPoint presentation (PPT), which you can download immediately upon purchase.
Businesses are developed based on established, tacit beliefs around Value Creation. Organizations are able to disrupt conventional business practices and approaches of Value Creation by reassessing the hindering beliefs that support them. These rigid underlying industry beliefs become widespread opinions and are deemed unchallengeable.
This deck begins by discussing the broad approach to Business Model Innovation and its 5Â critical success factors:
1. Identify Existing Business Model
2. Determine Foundational Beliefs
3. Challenge Underlying Belief
4. Sanity Test Our Reframe
5. Formulate New Business Model
The presentation then provides a detailed overview of the 4 key areas or elements of BMI:
1. Customer Relationships
2. Key Activities
3. Strategic Resources
4. Cost Structures
This era of technological advancement has disrupted business models more than anything. Organizations need to constantly evolve them to stay in the game.
The slide deck also includes some slide templates for you to use in your own business presentations.
The PPT delves into the intricacies of Business Model Innovation (BMI) by emphasizing the importance of challenging and reframing outdated industry beliefs. It provides a comprehensive framework for identifying and evaluating existing business models, ensuring that organizations can adapt to the rapidly changing business environment. The deck is structured to guide executives through the process of redefining customer relationships, optimizing key activities, leveraging strategic resources, and innovating cost structures.
The presentation also includes practical examples and case studies to illustrate successful BMI implementations across various industries. These real-world applications demonstrate how companies have effectively transformed their business models to achieve competitive advantage. Additionally, the slide templates included in the deck are designed to facilitate the application of these concepts in your own strategic planning sessions, making it a valuable resource for driving innovation and growth in your organization.
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Source: Best Practices in Strategy Development, Business Model Innovation PowerPoint Slides: 4 Areas of Business Model Innovation (BMI) PowerPoint (PPT) Presentation, LearnPPT Consulting
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Business Model Innovation (BMI) Essentials
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