Implementing Business Model Innovation

Welcome to the Fifth Track titled "Implementing Business Model Innovation". This track covers strategies to overcome organizational inertia and foster innovation, using examples from companies like Zomato, Oyo, Big Basket, and Adani. It emphasizes clear communication, leadership engagement, training, and collaboration. It also discusses building a culture of innovation by encouraging creativity, rewarding ideas, providing resources, and promoting continuous learning. Additionally, it addresses managing risks in business model innovation through market analysis, risk management frameworks, and performance metrics.