Pivoting and diversifying your business model

Host: Nottingham Trent University

Location: Online Workshop

Cost: Free

Dates:

Wednesday, 20th October 2021 at 11:00am - 12:30pm

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When so much time and effort (not to mention money) is invested in establishing business models and processes, it can be a very uncomfortable when forced to change. In those situations, our natural reaction is to resist however this can often lead to further difficult situations. Embracing a culture of regular research, feedback and learning is crucial to developing a diverse, flexible business model that allows you to adapt and deliver at the same pace as a changing market.

During this webinar we will consider:

  • How pivoting is a useful lean exercise to practise regularly
  • How to regularly test market trends and customer behaviours to identify opportunities
  • How to develop a robust yet flexible business model
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