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[MaGIC Webinar] Business Model Innovation

Home / EVENTS

[MaGIC Webinar] Business Model Innovation

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 Innovation? If you have ever come up with a new product or service, then you have done product innovation. Business Model Innovation takes it a step further, helping you to develop a new type of company.

Why is this important? Nine out of ten companies with varying products and services are constantly risking unhealthy competition by executing the same strategy. Only when a business does something different would they be able to succeed and generate revenue - often with 30 or 50 times greater sales.

In this second part of the Business Model Innovation Series, we'll be looking into what is Business Model Innovation and what makes it so effective yet difficult to do.

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 Innovation

Nov 12, 2020 3:00 PM

-

Nov 12, 2020 4:00 PM

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 Innovation? If you have ever come up with a new product or service, then you have done product innovation. Business Model Innovation takes it a step further, helping you to develop a new type of company.

Why is this important? Nine out of ten companies with varying products and services are constantly risking unhealthy competition by executing the same strategy. Only when a business does something different would they be able to succeed and generate revenue - often with 30 or 50 times greater sales.

In this second part of the Business Model Innovation Series, we'll be looking into what is Business Model Innovation and what makes it so effective yet difficult to do.

How does it work?

45 minutes presentation

15 minutes Q&A

Key takeaways

The definition of business model innovation

What is the business model canvas and how do we use them

Case studies on how business models disrupt traditional businesses

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