BMI - Summary and Key Takeaways

Through this Conclusion Course the Faculty, Tushar Jarhuar highlights the importance of Business Model Innovation (BMI) for staying competitive and adapting to market changes. He also showcases how companies like Zomato and Oyo have successfully used BMI to transform operations and seize new opportunities. Ekta Ghosh (CDO - Airports Business), emphasizes understanding customer needs, embracing digital models, fostering innovation, and addressing organizational inertia. She also stresses the importance of risk management, scalability, and continuous innovation assessment. Practical tools like the Business Model Canvas (BMC) are recommended for refining business models. She concludes by encouraging action over ideas and balancing ambition with practical realities.