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Business Model Innovation (BMI) (PowerPoint PPT)
PowerPoint (PPT) 27 Slides FlevyPro Document
DESCRIPTION
As core markets become saturated with new entrants and products, we find it more and more difficult to grow the core. We find traditional approaches that have successfully driven growth historically are also reaching points of diminishing returns.
Business Model Innovation (BMI) is a powerful, yet underleveraged tool that can drive breakout growth within an organization's core business. There are 6 key business model elements at play through BMI:
1. Product or Service Offering
2. Target Segment
3. Revenue Model
4. Value Chain
5. Organization
6. Cost Model
Leveraging these elements in a coordinated manner, we arrive at 9 common BMI solutions to drive Core Growth, which can be categorized into 3 groupings
1. Redefine the Value Proposition
— Shift from Product to Service
— Shift from Product to Experience
— Shift from Product to Outcome
2. Support the Value Proposition with a New Operating Model
— Build New Capabilities
— Leverage External Partners
— Redefine Interactions with Customers
3. Redesign the Model to Capture Margins
— Redefine the Basis of Differentiation
— Develop a New Cost Model
— Find New Ways to Monetize
Leading organizations leverage BMI to move beyond product innovation and redefine the basis of competition.
Additional topics include Traditional Growth Levers, Growth Pitfalls, Customer Value Proposition, Product Innovations, Pricing Strategy, among others. This deck also includes slide templates for you to use in your own business presentations.
This presentation delves into the intricacies of Business Model Innovation (BMI) and its pivotal role in driving core growth. It highlights the challenges of traditional growth levers and offers strategic solutions to overcome common pitfalls like incremental changes, leap of faith, and volume chasing. The PPT provides a comprehensive framework for redefining the value proposition, supporting it with a new operating model, and redesigning the business model to capture margins. It includes practical templates and actionable insights, making it an indispensable tool for executives aiming to achieve sustainable growth.
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Source: Best Practices in Strategy Development, Innovation, Pricing Strategy, Value Proposition, Business Model Innovation PowerPoint Slides: Business Model Innovation (BMI) PowerPoint (PPT) Presentation, LearnPPT Consulting
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