Ontario College of Art & Design

Course Calendar

COURSE DESCRIPTION

SFIN 6B05
Business Model Innovation
0.50 Credit(s)
Seminar
Business model innovation is now considered equal to or more significant than product and service innovation. A good understanding of business modeling is therefore critical for business success. Students will be introduced to the essential components of business models and to a visual tool for analyzing current business models, developing and evaluating alternative ones, and using design-thinking methods for their implementation. Concepts of sustainable business models will be introduced. Students will learn to identify stakeholders and actors involved in a business model. They will learn about governance structures of organizations and governments and about conventional and innovative policy development processes.
Notes: Equivalency: Taking both to SFIN 6A07 Business Model Innovation 1 and SFIN 6A03 Business Model Innovation 2.
Course was last updated -