Agenda: Business Strategy Workout
Day 1
Session 00 – Welcome and Introductions
09.10-09.30 (20 mins)
- An introduction to your programme facilitators
- Who are you and what is your business idea?
- What is SETsquared and what is its impact on the UK?
- Introducing Build – Model – Test
Session 01 – Build
09.30-10.00 (30 mins)
- The Marshmallow Challenge (and its learnings)
- Prototyping
- What can we learn from architects
Session 02 – Business Model Canvas
10.00-10.50 (50 mins)
- Why do some start-ups fail – and why do some succeed?
- Essentials of the Business Model Canvas (BMC) – how it works
- Business Model Canvas best practices
Coffee break
10.00-10.50 (20 mins)
Session 02 – Business Model Canvas – Part 2
11.10-11.30 (20 mins)
Session 03 – Customer
11.30-12.40 (70 mins)
- The difference between a customer and a user
- How to create a customer profile
- Essentials of the Value Proposition Canvas (VPC) – how it works!
- What jobs a customer needs to get done and what their pains and gains are
Lunch Break
12.40-13.20 (40 mins)
Session 04 – Value Proposition
13.20-14.20 (60 mins)
- What is a value proposition?
- The difference between features and benefits
- How the ‘value proposition’ side of the canvas works
Coffee break
14.20-14.40 (20 mins)
Session 05 – Opportunity
14.40-15.40 (50 mins)
- How to interact and reach your customers
- Understanding different types of channels and customer relationships
- Assessing the size of the opportunity and where the focus is
Wrap-up Day 1
15.40-16.00 (20 mins)
Day 2
Recap Day 1
09.10-09.30 (20 mins)
Session 06 – Revenue Streams
09.30-11.00 (90 mins)
- Different types of revenue streams
- Setting price
- Understanding value
Coffee break
Session 07 – Feasilibilty
11.20-12.40 (80 mins)
- Understanding what a value chain is
- What makes up costs?
- How to re-imagine our value chains and cost structures
Lunch Break
12.40-13.20 (40 mins)
Session 08 – Business Model Testing
14.20-14.50 (30 mins)
- What you need to test
- What types of testing you can use
- What to do with what you find out
Preparation for Presentations
14.50-15.20 (30 mins)
Business Model Canvas Presentations
15.20-15.40 (20 mins)
- Companies present their Business Model Canvas to other companies
- 3-5 minutes to communicate your value proposition, business model and next steps
Peer Review Session
15.40-16.00 (20 mins)
- Companies have 5 minutes questions from other delegates
Session close
16.00