25 Aug Is Your Business Model Ready For 2017? – London Drinks Forum
Venue: Grange Hotel St Paul’s
10 Godliman Street, London,
Date: November 15th, 6:30pm
Generation Y is here and with them a new business mindset. Their needs and wants will soon define the consumer and corporate environments. And these needs are digital. Generation Y are the creators and users of the disruptive business models that challenge the status quo of existing organisations, just like Mark Zuckerberg did with the invention of Facebook. They are determining the way digital technologies are used, and initiating social behaviors for other generations. With generation Y comes an unavoidable wave of digitalisation that will crush industries unless they learn how to ride it.
But, it’s not necessarily the change itself that is most difficult to contend with, it’s the sheer pace of it. This is a digitalisation wave moving at speeds we have never seen before. To put it into perspective it took more than 70 years for telephones to reach 50% household penetration, 10 years for internet access. Google+, the social media tool from Google, took only 16 days to reach 10 million users. The pace of technology change is increasing exponentially, so how can you respond to the complexity of this change with so little time to address it?
If we have learnt anything from the rise of platform businesses like YouTube, it’s that business model innovation is essential to standing the test of the digital era. Companies that have capitalised on this have rewritten the rules of entire industries. Indeed, a recent study by IBM, interviewing 1500 CEOs from around the world revealed that over 95% are adapting their business model. In fact, over 65% are actually implementing drastic modifications.
There are many ways to embrace these shifts within business models. Do we update and regenerate our existing models using the increasingly versatile technological tools at our disposal? Or do we take the slightly riskier approach and try to create entirely new disruptive models that are entirely tech focused? Either way one thing is certain, archaic business models will be left behind.
We will be asking the leaders of a number of organisations to share their recipe for business model refinement and success at the 360° Club’s next discussion and networking evening on the 15th of November.
The evening will focus on the challenges of redefining established business models and ask whether creating truly “new” models is even possible? We will be examining what models disruptive organisations are utilising to seize market share. And, we will be hearing from market incumbents with more archaic business models as to how they are looking to reinvent the wheel.
Our ultimate goal is to unite senior leaders of fast-growth organisations to evaluate best practices and exchange insights via a panel of expert speakers and guests.
A selection of our current guest list includes:
Managing Director at Murdock
Managing Director at Civica
Managing Director UK at Hotcourses
CEO and Founder at Client Share
Joint CEO at Futureproof
CEO and Co-Founder at Henchman
CEO, Founder & Creative Director at Nitin Goyal London
Founder at Medic Animal
Co Founder at BeeLine.co
Co-Founder at Leading Thought
Chief Financial Officer at Busuu
Chief Digital Officer at Bmj Publishing Group
Chief Marketing Officer at Sthree
Chief Operating Officer at ActionAid
Chief Information Officer at Claranet
Chief Operating Officer at Henchman
Partner at CIL Management Consultants
Partner at Anchura
General Manager – Royal Ballet at Royal Opera House
Commercial Director at Crown Commercial Service – Cabinet Office
Business Development Director at Code Investing
Digital Transformation Director at Disasters Emergency Committee
Director at GJSM Consulting
Director of Corporate Finance at Crowe Clark Whitehill LLP
Director of Finance Operations at Move Guides
Director of Group Services at BPP
Director, Operations at Swiss Post
European Finance Director at ManpowerGroup
Group Financial Director at MVF Global
Programme Director at Future Workshops
Assistant Director at JMH FZCO
Head of Change Delivery at Close Brothers
Head of Digital Design at Argos
Head of Finance & Business Development at Disasters Emergency Committee
Head of Financial Planning and Analysis at MVF Global
Head of Security & Investigations at Bupa
If you want to understand how best to implement and utilise your business model, then please register through the link below and we look forward to welcoming you on the 15th of November.