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Duration: 1 day
Timings: 10 AM - 530PM
Dates: January 15, 2025
Programme Director: Prof. Anil Kumar Singh & Prof. Mukul Joshi
Mode: Offline
Fees : (Classroom): Rs. 8,000/- Plus GST @18%
(Residential): Rs. 13,000/- Plus GST @18%
Programme Introduction:
Business Models are emerging as a strategic paradigm in the field of management. Analysis of new-age business models that are light on the asset and strong on networks are changing business ways. Firms tinkering with business models through a new set of probabilistic configurations yield dividends. This course, designed for working managers, equips you with the skills to navigate disruption, reimagine your value proposition, and implement new business models that are feasible and provide long-term sustainable growth.
Programme Objectives:
•To understand "Business Model Configuration" as a strategic tool
•To appreciate the journey of business model creation from ideation to implementation.
•To decipher how Business Models are disrupted and anticipate the future trends
Programme Contents:
•Participants would be introduced to key concepts around business model configuration and encouraged to apply them to domain-specific real-life scenarios.
•The programme’s flow is designed to guide participants right from the ideation stage (configuration development) to the successful implementation (and mapping) of new business models.
•Further, we will discuss various aspects of the business models’ disruptions in recent years by looking at disruptions through the lens of “reconfiguration.”
•We will have a group analysis of cases of “ankle-biter” startups and disruptive organizations that altered the business models in their ecosystem.
•Towards the end, there will be brainstorming on the need to anticipate new-age business models’ next trends and prepare futuristic templates.
Programme Methodology:
The programme will use a mix of lectures, case & situation analysis, exercises, and group work to fulfill its objectives. There will be an initial sensitization around key theoretical concepts around business models. Participants will be learning from cases of ‘ankle-biters’ startups as well as established firms who are altering the business models in their domains. In-class exercises (individually and in groups) to exhibit their comprehension and analysis skills related to the programme discussion and tools. Hands-on application by preparing a feasible business model that goes beyond presently apparent trends into the future and tries to solve a real-world need/pain point of that time.
Target Participant:
Front and middle-level executives
Program Faculty:
Prof. Anil Kumar Singh
Prof. Anil Kumar Singh is an accomplished academic and strategy expert who presently holds the position of Professor in the area of Strategy at FORE School of Management, New Delhi. With a stint of 8 years in Industry and more than 24 years in Academics, he has been imparting his knowledge to future managers and has been actively engaged in researching various aspects of Strategy, Competitive Advantage, Value Creation, Change Management, and Innovation. He has contributed significantly to the academic field with two edited books and 30+ publications in journals like Technological Forecasting and Social Change, European Business Review, International Journal of Strategic Change Management, International Journal of Management and Business Research, Human Systems Management, and more. He is an accomplished researcher with expertise in the areas of Dynamic Capabilities, Sustainability Strategies, Organizational Adaptation, Agility, Strategic Change, and Developing new Business Models. His diverse research and consulting interests share a common objective of empowering businesses to adapt and prosper in the ever-changing global economy. By providing the necessary tools, insights, and skills, he equips future leaders with the resources they need to succeed in the dynamic business landscape.
Prof. Mukul Joshi
Dr. Mukul Joshi is an Assistant Professor in the Strategy Area at the FORE School of Management, New Delhi. He has a Ph.D. in Entrepreneurship and Innovation from IIT Kanpur, where he studied the context of innovative new venture creation. His research aims to develop insights into human-centric and creative problem-solving approaches and principles used by startups, innovative new ventures, entrepreneurs, and creative professionals. He has taught Design Thinking, Strategic Entrepreneurship, and Strategy Business Simulation courses. He has been a resource person for training and MDP programs for GAIL and Bayer. He has presented his research at reputed international conferences organized by Strategic Management Society (SMS) and Australian Centre for Entrepreneurship Exchange (ACERE). He has been awarded Junior Research Fellowship (JRF) by the University Grants Commission (UGC). Before his Ph.D., he was an associate consultant with Infosys Limited. His consulting interest areas are Innovative New Venture Creation, Frugal Innovation Management, Qualitative Approach to Research and Insights, and Design Thinking.
Corporate Group Discount:
One complimentary nomination for every group of three nominations from the same organization, i.e., 3+1 participants for the fee of 3 participants
For registration/inquiries, please mail to exed@fsm.ac.in or call at +91 9810875278/+ 91-11-41242477
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Executive Education/MDPs
FORE School of Management has been designing, developing and conducting innovative Executive Education (EE)/ Management Development Programmes (MDPs) for working executives in India for over three decades.
