Friday 8 April 2011
Business model innovation: creating value
QWESTnet - Cost savings for small businesses
Presented by Scott McNeil (AIC Innovation Coach)
A business model is a simplified description of how a company does business and makes money. Business models generally have common basic building blocks (for example, a Value Proposition). Business Model Innovation involves modifying one or more of these basic building blocks to increase value.
This presentation discussed the basic building blocks of a business model and gave examples of where large and small companies have created value and made cost savings in their organisation through business model innovation.
A audio visual copy of the presentation can be viewed here.
