business model innovation

Coaching for Business Model Innovation

BUSINESS MODEL INNOVATION COACHING

Business model innovation is an essential and ongoing need of businesses, especially in the post-COVID-19 period, to effectively adapt to market changes and new consumer trends. Coaching services to innovate business models at KisStartup could help businesses:
 

  • Find new revenue streams through developing new products or services, developing new customers, or creating new values.
  • Seek new resources, and new motivations for comprehensive Innovation such as digital technology application, capacity building of employees and middle managers
  • Build a culture of continuous innovation and exploit existing assets effectively


WHY SHOULD BUSINESSES USE THE SERVICE?

  • If your business has not yet expanded its market and sales effectively, you need sales channels and sensitive staff.
  • If your business develops new products and services but cannot find the right customers due to strong competition in the market, you need to find the right fit between the product and the market.
  • If you need an outside voice to help you identify your problem and act quickly accordingly
  • If you think about the time when your business needs to respond more effectively to market fluctuations with new tools, new perspectives, new ways of data mining
  • You need someone to accompany you on this new, challenging but very creative journey

FORMAT:

  • Before coaching: Study the current situation, assess the current situation, and prepare personnel to participate
  • In coaching: Involvement of the top management of the organization, senior and middle managers
  • Practice directly on products and services of enterprises
  • After coaching: Support to monitor the innovation process and proactive innovation of enterprises

For more information about the event and the best support, please contact us at hello@kisstartup.com

Business Model Innovation and Business Plan training for women-led businesses

So as to help business projects prepare carefully for the selection stage, the Vietnam Women's Union works with KisStartup in the # 1 training class for women who are operating their own businesses or in a cooperative. Most of the business projects are in the process of finding product - market fit. The training and support program takes place from May 25 to May 27, 2020 with the following content:

Session 1 (May 25): Training Business Model, Business planning & Presentation Skills

Session 2 (May 26): Practice doing the Business Model; Finalizing a Business Plan Session & Supporting detailed answers of each practice group
Session 3 (May 27): 1: 1 meeting with experts to reinforce business model and provide direct feedback for Presentation & Business Plan
With the participation of nearly 30 business owners and cooperatives from all over the Northern provinces, the class has formed itself a small community but is committed to supporting both knowledge and experience who will become potential business partners in the future. Also in the program, KisStartup pledges even after the competition, we will always accompany and assist them as much as possible to create sustainable values they are committed to.

 
       
       
       


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Author: 
KisStartup

Startup Case Study from Vietnam - AMI- IoT application in Smart energy in Smart cities – from idea to practice

IoT application in Smart energy in Smart cities – from idea to practice

Authors: Minh Nguyen Dang Tuan (KisStartup Innovation Consulting, Coaching, Mentoring), Thi Minh Ly Pham (Innovation and Entrepreneurship Research Group, Faculty of Business Administration, Ton Duc Thang University), Nhan Nguyen Thanh (Faculty of Business Administration, Ton Duc Thang University) 
Abstract
AMI (means “friend” in French and “trustworthy” in Hebrew) is 1st prize winner at Techfest2017- an annual event for tech startups in Vietnam by Ministry of Science and Technology. They optimize the entire process by combining software, IoT hardware and artificial intelligence to provide smart energy, smart city and smart safety. It helps to reduce headcount, cost and give better experiences and services to tenants. 
AMI is solving the problems of real estate management like buildings, apartments for rent. Since current situations in the market is that information is not transparent, professional management, and too much data archiving on paper. There is no formatting model in recent digitization and new technology applications on how to create employees to test and ensure quality of life and security. The business model is currently the first in the market with the strength of combine both hardware and software strength in IoT and Artificial Intelligence. The project already passed product-market fit and is working on the left-hand-side of the business model canvas. Partnership with big corporates will enable them to scale the products and make further applications.
AMI’s business model is B2B where it focuses on serving landlord or real-estate business and city-level of energy use. First launched in 2016, after 1 year, the current status of the project is already clear in terms of revenue model and early adopters. Although it might be hard to change the mindset of the market, the product has potential of regional scalability. Big corporates and local governmental authorities have already worked with the company in scaling up the project. 

Keywords: Smart city energy saving, IoT and AI for smart city.

AMI's Business model: Conventionally, smart cities business model approach the market first through customer segments from which the value proposition is created. Afterwards, the business value is described as utilizing key resources from the government sector, the firm sector and the university. The other canvas elements are optimized to run business model, such as key partner, key activities, channels, cost structure,
revenue structure. This approach is widely considered as most appropriate for BMC in smart-cities. As this paper also follows Diaz’s direction of focusing on the value proposition of smart city, smart energy, the business model of the case is analyzed with the approach from value proposition for each customer in the multi-sided business model to generalize the impact to smart city.

To download the casestudy, email us at: hello@kisstartup.com

Source: 2018 Business opportunities and innovative models driven by the Internet. Cases in Vietnam. Organizers: TDT University, Feng Chia University, PWC, TSing Hua University, 

Author: 
KisStartup