Strategy & Transformation Breakout Sessions Continued
2:00PM - 2:30PM Self-Disruption: Balancing Short Term Gain With Long Term Meaningful Value Mark Slavens - President and Chief Operating Officer, Nano-Yield Regenerative agriculture. Stewarding the land. Thinking about the future. Doing great things to take care of the earth, while increasing efficiencies. These have always been the central tenants of the farming community. Mark and his team are developing nano particle technology to increase quality and yield, leading to solid ROI for those very farmers. Improved yields are now apparent, which is leading to farmers ability to reduce or eliminate more expensive outputs. This session explores the application of next generation technology in a traditional industry like farming and provides a blueprint for utilizing those same principles in any industry. Realizing that you can only be sustainable if you run a sustainable business
Understanding optimized operational efficiencies is half the battle Conceptualizing that relying on AI and tools to innovate is a fool’s errand Engaging in self-disruption to ensure growth and resilience
2:30PM - 2:45PM Innovating Beyond Products: Strategies for Creating Value
Through Business Model Innovation Gus Valen, CEO & Entrepreneur, The Valen Group
While product innovation is important, true competitive advantage often lies in business model innovation. This session explores how organizations can unlock new sources of value by reimagining their business models. Key discussion points include: Understanding the components of a robust business model canvas and how to leverage it for strategic decision-making Leveraging customer insights and market trends to identify opportunities for business model innovation Embracing uncertainty by understanding the limits of traditional strategic planning and the need for agility in the face of constant change Infusing flexibility in strategy execution through agile methodologies to iterate quickly, test assumptions, and pivot as needed Overcoming common barriers to business model innovation, including organizational resistance and structural challenges that affect resource allocation and decision-making
Day 1 - FEI 2024 & Key Innovation Perspectives
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