Audax Innovation / Interventions
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Innovate Through the Business Model
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This intervention aims to assist the organization in reviewing its current business model and adopting a new, more innovative one via practical workshops and support. This innovative business model will support the organization’s growth and will build the foundation for a sustainable future.
Objectives
- Evaluate organizations’ performance in the areas of business model innovation.
- Identify innovation opportunities in the business model.
- Select the best opportunities.
- Map out the current business model along with innovative ones.
- Select the business model and put it into practice.
- Develop an action plan.
Deliverables
- 1 questionnaire for participants.
- 2 days of workshops to identify opportunities, map out, and select the business model to put into action.
- 5 web calls: 1 during the preparation stage and 4 after the workshops.
- A toolbox valued at $5,500.
Intervention Methodology
Planning and assessment prepare three workshops: identify new business opportunities, map out the business models, then — after a series of follow-ups — select the innovative business model to implement.
Three workshops over two days, framed by planning, follow-ups and consolidation.
Detailed Intervention Description
Three phases over 10 weeks. Expand each phase to see its activities, schedule and budget.
Phase 1 — Planning (Weeks 1–3)
Planning and Preparation of the Intervention
- Hold a call to establish the context of the intervention
- Establish the progression, the agenda of the three workshops and the meeting calendar
- Prepare the workshops
Organization Assessment
- Prepare and deliver the questionnaire
- Analyze and evaluate the questionnaire answers
- Evaluate the organization’s performance in the areas of business model innovation
- Start compiling pertinent details concerning opportunities
Phase Subtotal$4,000
Phase 2 — Workshops (Weeks 4–8)
Workshop 1: Identifying Opportunities — Day 1 — AM
- Identify innovation opportunities in the business model
- Select the most promising opportunities (1 or 2)
- Identify “response scenarios” to the opportunities and select the best ones (1 to 2 per opportunity)
Workshop 2: Mapping Business Models — Day 1 — PM
- Map out the current business model
- Come up with and develop innovative solutions
- Map out innovative business models
2 Follow-up Web Calls (60 minutes)
- Hold a follow-up call on the progress of the work the organization must complete before the next activity and answer participants’ questions, if necessary
Workshop 3: Selection of an Innovative Business Model — Day 2
- Select the business model to put into practice
- Evaluate the differences between the current business model and the innovative one
- Develop an implementation plan
Phase Subtotal$11,000
Phase 3 — Consolidation and Follow-Up (Weeks 9–10)
Consolidation of Completed Work
- Go over the mapping and the action plan
- Send documents in electronic format
Two Follow-up Web Calls (30 to 60 minutes)
- Hold a follow-up call on the developed action plan and answer participants’ questions if necessary
Phase Subtotal$2,000
Included in the Intervention
Supporting Consultant and Graphic Designer Included
This intervention brings in a complete team at no additional cost.
A Toolbox Valued at $5,500
The tools used during the intervention stay with your organization.
Total Budget
$17,000
The workshop is held at your organization’s offices. Depending on your location, travel expenses may be added to the budget.
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