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Virtual Event Virtual Event

Dynamic Business Models for Dealing with Competition

March 20 @ 11:00 am - 12:30 pm EDT

Virtual Event Virtual Event
$30.00

March 20 at 11 am NY | 3 pm London | 11 pm Beijing | Time Converter

This seminar is part of our special series System Dynamics for Business Innovation with Kim Warren. A series of nine webinars offering a deep dive into the application of System dynamics in Business. The sessions will explore strategic modeling techniques and their transformative impact across different business domains, from strategic management to IT systems planning and environmental impact. This series will reveal the potential of System Dynamics as a powerful tool for business innovation and complex decision-making.

Session 3

Dynamic Business Models for Dealing with Competition

Overview

This session will introduce participants to the use of dynamic business models (DBMs) for understanding and dealing with competitive challenges and opportunities. The session will explain exactly how competition plays out over time, through three standard mechanisms – mechanisms that are easily explored with quantified diagramming and modeled in detail with digital-twin business models.

Learning Outcomes

  • Understand, with a case example, the three standard mechanisms driving the outcomes of competitive interactions.
  • Appreciate how dynamic business models enable competitive strategies to be explored, under a range of scenarios.
  • Understand the differences in how competition works in different markets and at different stages of a market’s life.

Target Audience

  • Business professionals seeking powerful new knowledge in competitive strategy.
  • Managers and executives looking to understand and take control of both their general competitive strategy and of specific competitive initiatives.
  • Students and academics interested in business strategy and competitive analysis.

This webinar is designed to provide an introduction to dynamic business modeling in the context of business competition, suitable for those beginning to explore these concepts.

Certificate of Attendance

Attendees who participate in at least 6 out of the 9 webinars in the series will be eligible to receive a certificate titled “Introduction to Dynamic Business Models.” This is an opportunity to gain recognition of your learning in this innovative field. For those who cannot attend live sessions, recordings will be available, allowing you to review the material and complete the series at your convenience

About the Presenter

Kim Warren is an accomplished strategist with a wealth of experience in the business world. He spent 10 years in senior strategy roles, including as Retail Strategy Director at Whitbread PLC. Warren then transitioned to academia, teaching Strategic Management at London Business School for two decades. During his tenure, he developed a keen interest in System Dynamics, finding traditional strategy tools insufficient for modern business challenges. This led him to embrace and adapt System Dynamics, creating the Strategy Dynamics method. Warren’s method focuses on designing and managing business systems dynamically to adapt to changing markets and internal business conditions. He has authored influential books on the subject, including “Competitive Strategy Dynamics” and “Strategic Management Dynamics,” and has been recognized with the prestigious Jay Wright Forrester Award from the International System Dynamics Society, where he also served as president in 2013. Warren, along with his partner Christina Spencer, has developed a range of learning materials and courses to disseminate the Strategy Dynamics method, utilizing the Silico online modeling app to support this approach.

For more detailed information, you can visit his website here.

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Dynamic Business Models for Dealing with Competition
Free for Members | $30 for Non-Members
$ 30.00
294 available