Course information

Business Model Innovation Training Course Outline

Module 1: Introduction to Business Model Innovation

  • What is Business Model Innovation?
  • Why Business Model Innovation is Important?
  • Innovation Vs Invention
  • Business Model Innovation Cycle
  • Models of Innovation

Module 2: Importance of Innovation in Business

  • What is Innovation?
  • Why is Innovation Important for Business Success?
  • How to Embrace Innovation?
  • Why Does Business Model Innovation Matter?
  • Industries Embracing Business Model Innovation
  • Technologies are Driving Business Model Innovation

Module 3: Empathise and Validate

  • Innovate by Understanding Customer Needs
  • What is the Customer Journey Map?
  • Types of Customer Journey Maps
  • Conduct Customer Journey Analysis
  • Value of Customer Journey Mapping and Challenges in B2B Markets
  • Validate Assumptions

Module 4: Ideate

  • Importance of Creativity in Business
  • Barriers to Ideation and How to Overcome Them?
  • Importance of Sustaining Creativity in a Business
  • How can I Develop a Creative Mindset?
  • Business Brainstorming Techniques

Module 5: Prototype and Testing

  • Design Thinking as an Innovation Approach
  • Design Thinking Methods and Tools
  • Types of Prototyping
  • Guidelines for Prototyping
  • Prototyping Business Ideas
  • Prototype Testing in Business

Module 6: Embedding Innovation

  • What is an Innovation Culture?
  • Importance to Cultivate a Culture of Innovation
  • What is Innovation Parenting?
  • Innovation Culture Look Like
  • Barriers to Innovation

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Who Should Attend Business Model Innovation Training

This Business Model Innovation Training is suitable for anyone who wishes to set appropriate business objectives and discover fresh chances for professional and financial development.

Prerequisites of Business Model Innovation Training

There are no formal prerequisites in this Business Model Innovation Training.

Business Model Innovation Training Course Overview

Business model innovation improves a business's new ideas, methodologies, services, or products. Organisations require innovation to streamline internal processes and enhance business productivity. The main aim of business model innovation is to implement new strategies, ideas, and services to boost the bottom line. This training will help learners kickstart innovation activities, capture ideas, and generate solutions to various business challenges. Suppose you want to pursue your career by innovating new ideas or things in an organisation. In that case, the business model innovation masterclass will help you to supercharge your career skills to remain competitive and stay ahead in the long haul.

This 1-day Business Model Innovation Training is designed to support delegates in creating and executing an innovation strategy that ensures their organisation can meet the challenges of today and future challenges. During this training, delegates will learn about the importance of creativity in business and how to develop a creative mindset. They will also learn techniques and guidelines for successful business applications and effective brainstorming techniques. Our highly experienced trainer designed this course to identify new business and financial growth opportunities.

Course Objectives:

  • To create and test prototypes for quick iterations and improvement
  • To increase creativity and the flow of ideas
  • To accurately understand your customer's needs and experiences
  • To know how to build a culture that fosters innovation
  • To select innovative solutions with the most significant potential value

At the end of this training, delegates will be able to identify the most common barriers to innovation and how to overcome them. They will also be able to discover how to bring people with them through innovation processes.

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What’s included in this Business Model Innovation Training Course Course?

  • World-Class Training Sessions from Experienced Instructors  
  • Business Model Innovation Training Certificate
  • Digital Delegate Pack

Why choose us

Our Ottawa venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Ottawa is the capital city of Canada. It is located on the bank of the Ottawa River in the east of Southern Ontario province. It has an estimated population of 885,000 people. Ottawa is the fourth largest city in the world. The name of this city comes from the Algonquin word Odawa which means “to trade”. Education in Canada is mostly free and publicly funded. It is overseen by the federal, provincial and local governments, with the education within provincial jurisdiction and the curriculum overseen by the province. Education is compulsory in most provinces up to the age of 16. Parents can choose between sending their children to one of the public schools or they can sent them to a fee paying private school. Those who live in Ottawa and find that picking a secondary school is a fraught decision involving school zones and ratings. There are four main public school boards in Ottawa. One is English, one is English-Catholic, and one is French and another is French-Catholic. The Ottawa-Carleton District School Board which is the largest with 147 schools to oversee. The catholic school board has 85 schools, the Conseil des écoles catholiques du Centre-Est has 49 schools and the Conseil des écoles publiques de l'Est de l'Ontario has 37 schools. Canada’s higher has a very good reputation. However there is no formal ranking system and students will often choose colleges and universities bases on geographic convenience and the reputation of a particular course. Ottawa is one of the best educates cities in Canada as it is believed that over half of the population have graduated from college or university. Ottawa has the highest per capita concentration of engineers, scientists, and residents with PhDs in Canada. The University of Ottawa was founded in 1848 and was the first higher education institute to be established in the city.  The university is a bilingual public university. The University of Ottawa is ranked in the top 300 universities in the world, coming in at number 284 and is a top 15 university in Canada.  The university has faculties in the following areas: arts, civil law, common law, education, engineering, post graduate studies, health sciences, medicine, science, social sciences and the school of management. Ottawa also has two main public colleges Algonquin College and La Cité collégiale. There are also 2 catholic universities in the city; Dominican University College and Saint Paul University.

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Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Business Model Innovation Training in Ottawa. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Business Model Innovation Training in Ottawa, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

Business Model Innovation Training in Ottawa FAQs

Innovation management is the asymmetric promotion of innovations in organisations, including planning, organising, managing, and controlling tasks.
The various tasks to succeed in innovation are chartering innovation with an organisation, selecting, preparing, and supporting the right team, co-creating the invention with customers, and changing the organisation to deliver the innovation.
Business models, products and performance, processes, networks, marketing and sales, and technological innovation are all types of business model innovation.
Business model innovation is significant and is the driving force behind successful companies in operations. It is also essential for increasing efficiency, getting ahead of potential disruption, brand perception, talent attraction, and retention.
During this Business Model Innovation Training, you will learn various concepts such as the business model innovation cycle, industries embracing business model innovation, business brainstorming techniques, guidelines for prototyping, prototype testing in business, and other essential concepts.
This course is [ 1 ] day(s)
Once your booking has been placed and confirmed, you will receive an email which contains your course location, course overview, pre-course reading material (if required), course agenda and payment receipts
The training fees for Business Model Innovation Training certification in Ottawa starts from CAD1695
The Knowledge Academy is the Leading global training provider for Business Model Innovation Training.
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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