BUSINESS MODEL CANVAS - 9 STEPS TO A SUCCESSFUL BUSINESS-P200811AUA

BUSINESS MODEL CANVAS - 9 STEPS TO A SUCCESSFUL BUSINESS-P200811AUA

Funded

Course Duration

8.0 hr(s)

Mode of Assessment

You will be assessed through course written assessment exercises.

Who Should Attend

Professionals who have intentions to start a business or will like to innovate their business ideas.

Course Overview

**Please take note: “Business Model Canvas – 9 Steps to a Successful Business” and “Strategy Development Using Business Model Canvas” have similar content which is for different target audiences. To find out which course is more suitable for you, please speak with our course consultant for more details.

The Business Model Canvas is a tool invented by Alexander Osterwalder and Yves Pigneur in their influential book “Business Model Generation”. It is a business tool used to visualise all the building blocks of a business. This visualisation helps to answer the question, “Does my business idea make sense?”. It is an ideal tool for an ongoing feasibility analysis of your business ideas.

The first part of the course focuses on the interpretation of the nine building blocks of the Business Model Canvas and the relationships between them. The second part of the course allows you to apply your learning through the conceptualisation of your business model using the canvas. By doing so, you gain clarity on how all the elements of your business work together for it to remain viable. You will also learn how you can use the canvas for an iteration of ideas through a critical evaluation of their business models.

Course Schedule

Next available schedule

Course Objectives

At the end of the programme, you will be able to:

  • Interpret the nine building blocks of the BMC
  • Illustrate how the blocks are related
  • Design a business model canvas
  • Apply seven measures to evaluate the BMC created

Pre-requisites

You can read, write and speak English at a proficiency level equivalent to the Employability Skills System Workplace Literacy (WPL) L5.

Course Outline

Unit 1: Understanding the different components of BMC and how they relate to each other

  • Nine building blocks of BMC
  • Relationship between the blocks.

Unit 2: Application of Business Model Canvas

  • Business Model Canvas conceptualisation
  • 7 measures to evaluate a Business Model

Additional Details

Medium of Instruction & Trainer

Medium of Instruction: English

Trainer: Trainee Ratio is 1: 20

Price

      Course commencing after 1 July 2021
      (90% funded)
Course Fee      
Full Course Fee $400.00    
Full Course Fee with GST $428.00    
Nett amount after Funding      
Singapore Citizens & Permanent Residents** Individual   $42.80*
  Corporate   $68.00*

* includes 7% GST

Eligibility

Individual:

  • Singapore Citizens or Singapore Permanent Residents physically based in Singapore
  • Trainee has to complete 100% attendance and pass all relevant assessments and examinations
  • NTUC LearningHub reserves the right to claw back the funded amount from trainee if he/she did not meet the eligibility criteria
  • NTUC members enjoy 50% unfunded course fee support for up to *$250 each year when you sign up for courses supported under UTAP (Union Training Assistance Programme). *Conditions apply Please visit our website at http://skillsupgrade.ntuc.org.sg for more information. Funding for approved courses only.
  • To sign up for Union Member please sign up here.

Corporate:

  • Singapore Citizens or Singapore Permanent Residents physically based in Singapore
  • Company must be Financial Institutions regulated by MAS (licensed or exempted from licensing). FinTech firms must be certified by Singapore FinTech Association (SFA)
  • Trainee has to complete 100% attendance and pass all relevant assessments and examinations
  • Eligible company-sponsored trainees will be able to clock CPD hours upon successful course completion

Class Allowance

For all courses commencing after 1st July 2021 and before 31st December 2021 :

  • Singapore Citizens and permanent residents of all ages will receive course fee subsidies of 90%
  • The course fee for individuals and corporates are shown in the pricing table.

Terms and conditions apply. NTUC LearningHub reserve the right to make changes or improvements to any of the products described in this document without prior notice.

Prices are subject to other LHUB miscellaneous fees.

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