Four Approaches to Business Model Innovation (BMI) (PowerPoint PPT)

DESCRIPTION

Today's volatile business environment challenges archaic businesses models more so than ever before. Business Model Innovation (BMI) provides a means for organizations to either defend against receding competitiveness or grab new opportunities.

This presentation discusses the 4 distinct approaches to BMI, driven by the level of "thrust" (i.e. defending against market changes or aspiring for breakout growth) and "motivation" (i.e. transforming the core or expanding into non-core). The 4 approaches are labelled:

1. Reinventors
2. Adapters
3. Mavericks
4. Adventurers

Case studies are also included for each of the 4 approaches. This deck also includes slide templates for you to use in your own business presentations.

This PPT delves into the critical role of Business Model Innovation (BMI) in navigating competitive pressures and capitalizing on growth opportunities. It outlines four strategic approaches—Reinventors, Adapters, Mavericks, and Adventurers—each tailored to different organizational needs and market conditions. The presentation is structured to provide a comprehensive understanding of how to implement BMI effectively, supported by real-world case studies and actionable insights.

The Reinventors approach focuses on defending against industry decline by transforming core operations. This method is exemplified by companies that have successfully navigated environmental pressures to unlock new customer value. Adapters, on the other hand, explore new markets and niches, often abandoning their core businesses to capitalize on emerging opportunities. This strategy is ideal for firms looking to diversify and mitigate risks associated with market disruptions.

Mavericks aim for breakout growth by exploiting competitors' weaknesses and continuously evolving their competitive edge. This approach requires a high level of dedication and strategic foresight. Adventurers maintain their core businesses while consistently innovating and expanding into new markets. They deploy dedicated innovation teams to explore and capitalize on new opportunities, ensuring sustained growth and market relevance. Each approach is supported by detailed case studies and practical templates to facilitate implementation in your organization.

Got a question about the product? Email us at flevypro@flevy.com. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Strategy Development, Business Model Innovation PowerPoint Slides: Four Approaches to Business Model Innovation (BMI) PowerPoint (PPT) Presentation, LearnPPT Consulting