Business Model Innovation for Management Consultants

Business Model Innovation for Management Consultants, available at $79.99, has an average rating of 4.71, with 97 lectures, based on 242 reviews, and has 2352 subscribers.

You will learn about How to Innovate the Business Model Understand the Business Model Canvas Design Innovative Business Model Master Different Types of Innovation How to estimate in Excel whether the innovation makes sense How Tesla, Disney, Apple, Google have innovated Create Innovative Revenue Streams Deliver Innovative Value Proposition Practical Strategies that will accelerate the growth of your business Apply in practice the Blue Ocean Strategy This course is ideal for individuals who are Management Consultants or Managers or Startup Founders or CEO or Directors responsible for Strategy & Innovation or Directors responsible for M&A or Business Analysts or Investment Analysts It is particularly useful for Management Consultants or Managers or Startup Founders or CEO or Directors responsible for Strategy & Innovation or Directors responsible for M&A or Business Analysts or Investment Analysts.

Enroll now: Business Model Innovation for Management Consultants

Summary

Title: Business Model Innovation for Management Consultants

Price: $79.99

Average Rating: 4.71

Number of Lectures: 97

Number of Published Lectures: 96

Number of Curriculum Items: 97

Number of Published Curriculum Objects: 96

Original Price: $199.99

Quality Status: approved

Status: Live

What You Will Learn

How to Innovate the Business Model
Understand the Business Model Canvas
Design Innovative Business Model
Master Different Types of Innovation
How to estimate in Excel whether the innovation makes sense
How Tesla, Disney, Apple, Google have innovated
Create Innovative Revenue Streams
Deliver Innovative Value Proposition
Practical Strategies that will accelerate the growth of your business
Apply in practice the Blue Ocean Strategy

Who Should Attend

Management Consultants
Managers
Startup Founders
CEO
Directors responsible for Strategy & Innovation
Directors responsible for M&A
Business Analysts
Investment Analysts

Target Audiences

Management Consultants
Managers
Startup Founders
CEO
Directors responsible for Strategy & Innovation
Directors responsible for M&A
Business Analysts
Investment Analysts

What is the aim of this course?

Consulting firms are hired very often to help to change the Business Model. Those projects are difficult as you have to generate innovation and convince the firm to change. There is no one recipe for how to innovate. However, there are some proven techniques, frameworks, and approaches that will help you find a way to innovate the Business Model. In this course, I will teach you how to pick the right Business Model Innovation technique during consulting projects.

In the course you will learn the following things:

What frameworks, tools techniques you can use to Innovate your Business Model
How others have implemented the Innovation
How to estimate the potential impact of the Business Model Innovation in Excel

This course is based on my 15 years of experience as a consultant in top consulting firms and as a Board Member responsible for strategy, performance improvement, and turn-arounds in the biggest firms from Retail, FMCG, SMG, B2B, and services sectors that I worked for. I have carried out or supervised over 90 different performance improvement projects in different industries that generated a total of 2 billion in additional EBITDA. On the basis of what you will find in this course, I have trained in person over 100 consultants, business analysts, and managers who now are Partners in PE and VC funds, Investment Directors and Business Analysts in PE and VC, Operational Directors, COO, CRO, CEO, Directors in Consulting Companies, Board Members, etc. On top of that my courses on Udemy were already taken by more than 181 000 students including people working in EY, Walmart, Booz Allen Hamilton, Adidas, Naspers, Alvarez & Marsal, PwC, Dell, Walgreens, Orange, and many others.

I teach through case studies, so you will have a lot of lectures showing examples of analyses, and tools that we use. To every lecture, you will find attached (in additional resources) the Excels as well as additional presentations, and materials shown in the lectures so as a part of this course you will also get a library of ready-made analyses that can, with certain modifications, be applied by you or your team in your work.

Why have I decided to create this course?

Business Model Innovation is extremely hard. You not only have to come up with a good business idea but also it has to make economical sense. On top of that, you have to convince the customer to sacrifice short-term profits for the long-term perspective. Most consulting firms, don’t give you the full toolbox that you need. This may lead to huge frustration during consulting projects and a lot of inefficiencies.

Therefore, I have decided to create this course that will help students understand the main methods to innovate. The course will give you the knowledge and insight into real-life case studies that will make your life during a consulting project much easier. Thanks to this course, you will know what and how to do during consulting projects, devoted to business model innovation. You will master how to generate potential innovations, analyze data and draw conclusions from the analyses. On top of that, you see how other famous firms have used the tools that we will talk about.

To sum it up, I believe that if you want to become a world-class Management Consultant or Business Analyst you have to have a pretty decent understanding of business model innovation. That is why, I highly recommend this course to Management Consultants or Business Analysts, especially those who want to specialize in strategy or develop their own business. The course will help you become an expert in business model innovation on the level of McKinsey, BCG, Bain, and other top consulting firms.

In what way will you benefit from this course?

The course is a practical, step-by-step guide loaded with tons of analyses, tricks, and hints that will significantly improve the speed with which you understand, and analyze businesses. There is little theory – mainly examples, a lot of tips from my own experience as well as other notable examples worth mentioning. Our intention is that thanks to the course you will learn:

What frameworks, tools techniques you can use to Innovate your Business Model
How others have implemented the Innovation
How to estimate the potential impact of the Business Model Innovation in Excel

You can also ask me any question either through the discussion field or by messaging me directly.

How the course is organized?

The course is divided currently into the following sections:

Introduction.We begin with a little introduction to the course as well as some general info on how the course is organized
The Business Model Canvas.To describe business models, you can use many tools. One of the most popular ones is the so-called Business Model Canvas. We will discuss it in this section.
Innovation in Customer Segments.One of the biggest sources of innovation is to play with customer segments. In this section, we will discuss techniques that you can use to innovate in customer segments.
Value Proposition Innovation.Another great source of innovation is to work on the Value Proposition. We will discuss in this section, what techniques you can use to innovate the Value Proposition.
Modeling the Business in Excel.During M&A projects you will quite often have to create a model of the business in Excel. I will show you how to do that using a few examples.
Valuation.During consulting projects, especially devoted to M&A or due diligence you will have to evaluate a specific business. In this section, I will show you examples of how to do it in practice.
Innovation in Key Resources. Some firms resort to Innovation in the Key Resources department. We will discuss in this section how you can beat your competition by innovating in this area.
Innovation in Key Activities.You can also look at Key Activities and innovate in this area as well. In this section, we will see how you can do that in practice.
Innovation in Cost Structure.Firms, unfortunately, overlook innovations that can be done on the cost side. In this section, we will see what techniques can be used in this area and what have done some bold firms in this area.
Innovation in Revenue Streams & Sales channels.Fast effects can be achieved by innovating Revenue Streams or playing with the Sales Channels. In this section, we will look at examples of techniques and case studies.
Innovation in Key Partners.Some industries require you to innovate also in the area of Key Partners. Thanks to that you can build a powerful competitive advantage. In this section, we will look at some examples.
Innovation in Customer Relationship.In many industries, we have seen many innovations in Customer Relationships. In the last section, we will look at some examples and techniques that may prove useful.

You will be able also to download many additional resources

Useful frameworks and techniques
Analyses shown in the course
Additional resources
Links to additional presentations, articles, and movies
Links to books worth reading

At the end of my course, students will be able to…

How to innovate the business model
Understand the Business Model Canvas
How to estimate in Excel whether the innovation makes sense
Design Innovative Business Models
How Tesla, Disney, Apple, and Google have innovated
Master Different Types of Innovation
Create Innovative Revenue Streams
Create Innovation on the Cost Side
Deliver Innovative Value Proposition
Create Innovation related to Key Resources & Key Partners
Practical Strategies that will accelerate the growth of your business
Apply the Blue Ocean Strategy

Who should take this course? Who should not?

Management Consultants and Business Analysts
Managers
Startup Founders
Investment Analysts
Managers responsible for Acquisitions and Mergers

What will students need to know or do before starting this course?

Basic or intermediate Excel
Basic knowledge of economics
Basic or intermediate knowledge of finance & accounting

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Lecture 2: A little bit about me

Lecture 3: How the course is organized

Lecture 4: How to deal with Blurry image

Lecture 5: How to reach additional resources

Chapter 2: The Business Model Canvas

Lecture 1: The Business Model Canvas – Introduction

Lecture 2: What is the Business Model Canvas

Lecture 3: McDonalds business model

Lecture 4: Change the business model – Netflix – General

Lecture 5: Change the business model – Netflix – Details Part 1

Lecture 6: Change the business model – Netflix – Details Part 2

Chapter 3: Innovation in Customer Segments

Lecture 1: Innovation in Customer Segments – Introduction

Lecture 2: Blue Ocean – Introduction

Lecture 3: Blue Ocean – Non Users

Lecture 4: 4 frameworks

Lecture 5: Blue Ocean Strategy – 6 paths to achieve it

Lecture 6: Blue Ocean – Starbucks

Lecture 7: Blue Ocean – Citizen M

Lecture 8: Blue Ocean – Zappos

Lecture 9: Jobs to be done framework – Introduction

Lecture 10: Jobs To Be Done – Definition

Lecture 11: Jobs to be done – Examples

Lecture 12: Jobs to Be Done – How to use it to improve an existing product

Lecture 13: Jobs to Be Done – How to use it to create a new product

Lecture 14: Jobs to Be Done – How to find them

Lecture 15: Who is your competitor?

Lecture 16: Enabling Investments – Introduction

Lecture 17: Enabling Investments – Examples

Chapter 4: Value Proposition Innovation

Lecture 1: Value Proposition Innovation – Introduction

Lecture 2: Expand the brand

Lecture 3: New products within old categories – Introduction

Lecture 4: New products within old categories – Case Introduction

Lecture 5: New products within old categories – Case Solution – Vaccum Cleaners estimation

Lecture 6: New products within old categories – Case Solution – the rest of estimation

Lecture 7: New products within old categories – Case Solution – PowerPoint

Lecture 8: New products expanding brand – Introduction

Lecture 9: How to expand the brand – Milk Producer – Introduction

Lecture 10: How to expand the brand – Solution – Part 1

Lecture 11: How to expand the brand – Solution – Part 2

Lecture 12: How to expand the brand – Solution – Scatter Graph

Lecture 13: Does it make sense to introduce new services or product – Introduction

Lecture 14: Does it make sense to introduce new services or product – Solution – Coffee only

Lecture 15: Does it make sense to introduce new services or product – Solution – Soups

Lecture 16: Expand the product

Lecture 17: Simplify the product

Lecture 18: Integrate products

Lecture 19: Divide the products into smaller pieces

Lecture 20: Bundle Products

Lecture 21: Digitalize the product

Chapter 5: Innovations in Key Resources

Lecture 1: Innovation in Key Resources – Introduction

Lecture 2: Own Key Resources

Lecture 3: Crowdsource resources

Chapter 6: Innovations in Key Activities

Lecture 1: Innovation in Key Activities – Introduction

Lecture 2: Automation – General approach

Lecture 3: Make the Process Scalable – General Approach

Lecture 4: Make the Process Scalable – Case Introduction

Lecture 5: Make the Process Scalable – Case – Current Situation

Lecture 6: Make the Process Scalable – Case – Future Situation & Comparison

Lecture 7: Cost reduction Investment – Ceramic Tiles – Introduction

Lecture 8: Cost reduction Investment – Ceramic Tiles – Current Costs

Lecture 9: Cost reduction Investment – Ceramic Tiles – Future Costs

Lecture 10: Cost reduction Investment – Ceramic Tiles – NPV

Lecture 11: Cost reduction Investment – Ceramic Tiles – Solution in Power Point

Chapter 7: Innovation in the Cost Structure

Lecture 1: Innovation in the Cost Structure – Introduction

Lecture 2: Transfer costs to customers

Lecture 3: Transfer costs to suppliers

Lecture 4: Turn costs into revenues

Chapter 8: Innovations in Revenue Streams & Sales channels

Lecture 1: Innovation in Revenue Streams & Sales channels – Introduction

Lecture 2: Experiment with different sales channels

Lecture 3: Experiment with different revenue streams

Lecture 4: Innovative selling / revenue streams – Introduction

Lecture 5: Innovative selling / revenue streams – Milk example

Lecture 6: When to use specific revenue streams – Part 1

Lecture 7: When to use specific revenue streams – Part 2

Lecture 8: Ryanair

Lecture 9: Legimi

Lecture 10: DollarShaveClub

Lecture 11: Canva

Chapter 9: Innovation in Key Partners

Lecture 1: Innovation in Key Partners – Introduction

Lecture 2: Go up / down the value chain – Introduction

Lecture 3: Go up / down the value chain – When it makes sense

Lecture 4: Go up / down the value chain – Benefit System

Lecture 5: Go up / down the value chain – Zara

Chapter 10: Innovation in Customer Relationship

Lecture 1: Innovation in Customer Relationship

Lecture 2: 3F

Lecture 3: Freemium

Lecture 4: Free Trial

Lecture 5: Free

Lecture 6: Freemium vs Free Trial vs Free – Case Introduction

Lecture 7: Freemium vs Free Trial vs Free – Examples of SaaS businesses

Instructors

Asen Gyczew
Expert in performance improvement, turnaround and startups

Rating Distribution

1 stars: 2 votes
2 stars: 3 votes
3 stars: 22 votes
4 stars: 81 votes
5 stars: 134 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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