If your company needs a strategy refresh, looking for inspiration from outside your industry is a great place to start. Many innovations aren’t completely new concepts, but new adaptations of existing ideas. This session will showcase successful business model patterns that could spark new ideas for your company.
A business model is a set of decisions about how a business will operate to create value for customers. Strategies such as peer-to-peer, membership, or freemium are examples of general business models that could be offered in numerous types of industries. We’ll explain a variety of approaches that could lead to innovation when introduced in unexpected ways in unexpected industries. We’ll evaluate the advantages of such approaches and the types of challenges they could be used to address.
As times change, a business model needs to change too. Companies that innovate when times are good benefit from having the resources, attitudes and time needed to convert new opportunities into business success.
Come to this session with an open mind and curiosity about industry standards that might be ripe for disruption. Leave inspired by the creative ways your businesses could adapt and thrive in changing times.