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[MaGIC Webinar] Business Model Depreciation

Home / EVENTS

[MaGIC Webinar] Business Model Depreciation

In light of the ongoing Movement Control Order (MCO) and MaGIC’s recent survey having conclusive data that only 2.9% of start-ups are confident in surviving through MCO -  MaGIC will be bringing you its Webinar series, a platform for online live sessions with industry experts and entrepreneurs to shed light on the various ways to strategise and thrive in a time of crisis, such as the one brought about by the COVID-19.

Each topic in the series will dive into the different areas of business and offer tools and insights for business sustainability, followed by a Q&A session. We at MaGIC will strive to provide a platform of support for our entrepreneurs as best we can.

The Session

What is Business Model Depreciation? Depreciation is how an asset devalues over time. Your business model is an asset, and just like traditional business models, it's value depreciates over time due to competition, market changes and innovation.

In this first of the four-part Business Model Innovation Series, this session explains why companies that were once titans of the world economy are increasingly less relevant.

Join us in this webinar session to understand why giant companies such as Ford, General Electric and US Steel have depreciated business models that have lost much of their strength and get an insight into the best time and place to start a new venture

Solution Seeker

Speakers

Solution Seeker

Denis Oakley

Denis Oakley is an innovator and explorer who works with SME and startup leaders to create and revitalise powerful business models. Denis knows that when businesses start exploring beyond what they ‘know’ a huge amount of growth can be unlocked, and he helps them do this using a unique blend of philosophy, psychology, and business strategy. Denis has worked on business models for BEIS, DCMS, University of Warwick, Salvation Army and the Church of England as well as over 1,000 startups and SMEs. He is a regular speaker about business model innovation on business podcasts and events and is writing a book on it to come out in late 2022. Denis holds a BA in philosophy from the University of Bristol and an MBA from Warwick Business School. He is also a Fellow of the Royal Society for Arts, Manufactures and Commerce (RSA).

Solution Seeker

More important information

Solution Seeker
Home / EVENTS

[MaGIC Webinar] Business Model Depreciation

Nov 5, 2020 3:00 PM

-

Nov 5, 2020 4:00 PM

Online Webinar

Admission is Free

Register Now

In light of the ongoing Movement Control Order (MCO) and MaGIC’s recent survey having conclusive data that only 2.9% of start-ups are confident in surviving through MCO -  MaGIC will be bringing you its Webinar series, a platform for online live sessions with industry experts and entrepreneurs to shed light on the various ways to strategise and thrive in a time of crisis, such as the one brought about by the COVID-19.

Each topic in the series will dive into the different areas of business and offer tools and insights for business sustainability, followed by a Q&A session. We at MaGIC will strive to provide a platform of support for our entrepreneurs as best we can.

The Session

What is Business Model Depreciation? Depreciation is how an asset devalues over time. Your business model is an asset, and just like traditional business models, it's value depreciates over time due to competition, market changes and innovation.

In this first of the four-part Business Model Innovation Series, this session explains why companies that were once titans of the world economy are increasingly less relevant.

Join us in this webinar session to understand why giant companies such as Ford, General Electric and US Steel have depreciated business models that have lost much of their strength and get an insight into the best time and place to start a new venture

How does it work?

45 minutes presentation

15 minutes Q&A

Key takeaways

What is business model depreciation

How and why do business models depreciate

Case studies of how business models depreciate

Agenda

Speaker Profile

Denis Oakley

Denis Oakley is an innovator and explorer who works with SME and startup leaders to create and revitalise powerful business models. Denis knows that when businesses start exploring beyond what they ‘know’ a huge amount of growth can be unlocked, and he helps them do this using a unique blend of philosophy, psychology, and business strategy. Denis has worked on business models for BEIS, DCMS, University of Warwick, Salvation Army and the Church of England as well as over 1,000 startups and SMEs. He is a regular speaker about business model innovation on business podcasts and events and is writing a book on it to come out in late 2022. Denis holds a BA in philosophy from the University of Bristol and an MBA from Warwick Business School. He is also a Fellow of the Royal Society for Arts, Manufactures and Commerce (RSA).

Solution Seeker