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Duration: 1 day Timings: 10 AM – 5:30 PM Dates:January 10, 2024 Programme Director: Prof. Anil Kumar Singh & Prof. Mukul Joshi Mode: Hybrid Fees: Online: Rs 6,000+ GST@18%
Offline: Rs 8,000+ GST@18%
Residential: Rs 13,000+ GST@18%
Programme Introduction:
Business Models are emerging as a strategic paradigm in the field of management. Firms tinkering the business models through a new set of probabilistic configurations yield dividends. Analysis of new-age business models that are light on the asset and strong on networks are changing business ways. In line with these latest developments, this programme sensitizes the students with the entrepreneurial mindset of unraveling opportunities beneath problems to design feasible and sustainable business models.
Programme Objective:
To introduce ‘Business Model Configuration’ as a strategic tool
To decipher how Business Models are disrupted
To appreciate the domain-specific real-life Business Model Innovations and disruptions
To understand the journey of Business Model creation from ideation to implementation stages
To learn how to anticipate the following trends in New-Age Business Models
Programme Content:
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 Organizations:
All variants
Target Participants:
Front and middle-level executives
Programme Director:
Prof. Anil Kumar Singh is a Ph.D in Management, with his thesis focusing on Drivers of Competitive Advantage in Indian Pharmaceutical sector. He has to his credit two edited books and 16 Publications in various national and international Journals. He has spent around 7 years in Pharmaceuticals and flexible packaging in marketing, general management and operations domain. He has been into teaching, MDPs and consulting for more than 20 years. His areas of interest are Competitive Intelligence, Dynamic capabilities; strategic change; Business models and competitive advantage; Economics of strategy.
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/enquiries , please mail to exed@fsm.ac.in or call at/+ 91 9166085159/+91 9810875278/+91-11-46485562 /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.
