BTM CONFERENCE IN BERLIN COST TRAPS IN INNOVATIVE BUSINESS MODELS November 24 and 25, 2016 ESMT Campus Berlin F irmly established B2B business models are becoming obsolete, as we have been witnessing now for several years. This has forced business leaders to fundamentally revise the way their companies function and produce value. Some have decided to pare down their premium products to compete against lowprice competitors, whereas others have expanded their portfolios by adding complex service solutions. Some have accomplished a turnaround by selling the use of their products rather than the products themselves. Others have responded to the surge of digitalization and acquired state-ofthe-art technology enterprises, trusting that these will bring about the sophisticated new offerings that the market is demanding. But redesigning a company’s architecture is not without hazards; it requires a sound under standing of whether the costs involved will improve the structure or damage it for good. Very often, though, managers pay more attention to the measures required for achieving the desired revenue goals than to the risks involved in the necessary expenditures. However, the truth is that there are a number of innovative business models that contain higher levels of risk for the supplier than the buyer. So, when entering a new area, at minimum there should be an awareness about where the risks are located. Just keep in mind: Planners are usually guided by the results of their past decisions, their individual biases, and the halo effect of their new plan. Hence, they will often ignore the fact that new businesses per se contain unknown factors. So a healthy amount of skepticism as to the success of a new endeavor and the careful checking of all known factors will help you to avoid cost traps and to establish the fail-safe system you need. COST TRAPS IN INNOVATIVE BUSINESS MODELS WHEN AND WHERE The BTM Conference COST TRAPS IN INNOVATIVE BUSINESS MODELS starts on November 24 at 6:00 p.m. on ESMT Campus in Berlin. For more information, please visit our website at www.esmt.org/btm-2016. WHO SHOULD JOIN US This conference is for all professionals working in B2B industries. HOW TO REGISTER Please register at www.esmt.org/btm-2016. PLAN TO PUSH FORWARD INTEGRATION TO PROVIDE SERVICE SOLUTIONS RISK The conference fee of €580 includes all conference material, meals, and a summary of results. You neglect to ensure if you are indeed better and more cost-efficient than your competition. WHERE TO STAY We have arranged a special rate at three hotels near our campus. Please contact the hotels directly using the codes below: Your customers will have to be included in the process and you may underestimate the difficulties of the collaboration and the necessary change processes in your company. You may overestimate the know-how of your customers and the service capabilities of your people. You may misunderstand the financial logic of this business. TO INTRODUCE PERFORMANCE-BASED PRICING TO SELL USE INSTEAD OF OWNERSHIP TO USE BIG DATA Your income will be linked to your customer’s success, but you may overrate your knowledge of their business and market. Cosmo Hotel Spittelmarkt 13, 10117 Berlin info@cosmo-hotel.de Code: BTMC, Rate €108 incl. breakfast Arcotel John F. Werderscher Markt 11, 10117 Berlin johnf@arcotelhotels.com Code: BTMC, Rate €118 incl. breakfast Hotel Titanic Französische Straße 28/29, 10117 Berlin info.tgb@titanic-hotels.de Code: BTMC, Rate €135 incl. breakfast If you have questions, our conference manager, Margarita Kurochkina, would be happy to help you either by email at Margarita.Kurochkina@esmt.org or by phone at +49 30 212 31 8044. You will carry the costs of the product, which might eat up your profits. You may overrate your understanding of this technology and may lack the specialists needed to handle its new and complex systems. ESMT European School of Management and Technology GmbH Schlossplatz 1 10178 Berlin www.esmt.org PROGRAM THURSDAY, NOVEMBER 24 6:00 p.m. REGISTRATION Our media partners 7:00 WELCOME Prof. Dr. Olaf Plötner (ESMT Berlin) DINNER DINNER SPEECH Prof. Jörg Rocholl, PhD (President of ESMT Berlin and Member of the Economic Advisory Board of the German Federal Ministry of Finance) Business Model Europe 9:00 NETWORKING WITH CONFERENCE MEMBERS AND SPEAKERS FRIDAY, NOVEMBER 25 8:30 a.m. REGISTRATION 9:00 INTRODUCTION Olaf Plötner 9:15 KEYNOTE Olaf Plötner Cost Traps in Innovative Business Models 12:30 p.m. LUNCH 2:00 INTRODUCTION Prof. Joe Peppard, PhD (ESMT Berlin) 10:00 KEYNOTE Gordon Riske (CEO, KION Group) Intralogistics 4.0: Data is the Commodity of the Future 2:15 PANEL II André Glardon (CEO, medneo); Huawei China; Prof. Dr. Martin Kupp (ESCP Europe, Paris); Prof. Joe Peppard, PhD (ESMT Berlin); Salesforce.com; Nikolai Zaepernick (Vice President, EOS, tbc) Cost Traps for the Contenders 10:30 COFFEE BREAK 3:30 COFFEE BREAK 11:15 PANEL I Dr. Carsten Liesener (CEO, Building Technologies Region Europe, Siemens Switzerland Ltd.); Willi Meixner (CEO, Siemens Power and Gas); Prof. Dr.-Ing. Matthias Niemeyer (Chairman of the Executive Management Board, Technology and Development, Production, KHS); Gordon Riske (CEO, KION Group); Andreas Schierenbeck (CEO, thyssenkrupp Elevator) Cost Traps for the Incumbents 4:00 The Challengers Five minute presentations from the startup scene 5:00 WRAP-UP Olaf Plötner 5:15 COCKTAILS Please check our conference website www.esmt.org/btm-2016 for updates.
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