Business Model does not rely on developing new products or services, but on delivering
existing products and services using innovative processes for sourcing inputs, transforming
them into products and provisioning the right products for the right customers at the right
time. A vast majority of industries that have been transformed by digital technologies have
essentially reinvented their business models enabled by technologies.
In the session we will explore how business model innovation is particularly important for
organizations that want to benefit from the rapid advances in digital technologies while
rethinking Scope, Sequence, Incentives, Relationships, Monetization, and Risks.