Published: 25. 10. 2017 in News and events

“Power of Digital Business Models” – NFG @PwC Academy

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How is it possible that a company that exists for only 5 years is valued more than the GDP of Slovenia, Croatia or Serbia? How can Apple have more cash than the United States? Do we still need the traditionally organized company? Which areas of our own company can we innovate and how? A two-day seminar, organized by PwC and New Frontier Group, aims to support the top management in understanding digital economy, and provide methodology to transform their business model from industrial to digital, as well as answer all of these questions.

New opportunities for creating value

A two-day seminar organized by PwC and New Frontier Group, aims to help customer service oriented top and mid-tier management in understanding the concept of digital business transformation, as well as the basic values and characteristics of digital economy.

Why should you attend?

The seminar can help you UNDERSTAND THE CONCEPT OF DIGITAL TRANSFORMATION, AS WELL AS THE BASIC VALUES AND CHARACTERISTICS OF DIGITAL BUSINESS MODELS. It is a process of analysis and understanding of how to improve and apply the 9 key elements, as well as how to combine them all in creating a new business model, which will enable company growth in the digital economy.

DEVELOPING KNOWLEDGE ON WAYS TO IMPROVE BUSINESS
Participants gain knowledge on ways that an extended digital ecosystem can help the process of business improvement, client targeting and recognizing their needs, as well as creating new portfolios. Besides this, the seminar helps the participants to achieve understanding of terms such as digital opportunity and digital revolution, to gain understanding of the framework to grade the company’s digital readiness, as well as to perceive areas with growth potential. The existing companies that still use the industrial business models must adjust to the new, digital way of doing business, and develop digital business models to use simultaneously with the existing ones, or as their replacement. It’s not easy for companies that have spent years developing their values, defining their mission and goals, organizing partner ecosystems, business activities and processes in a way which is not optimal for digital economy, to know embark on a road of innovation and switch to the digital business model. Still, innovation is a matter of survival and possibility of growth. To help them, the seminar will feature a methodology of business model innovation. 

ESTABLISHING A DIGITAL BUSINESS MODEL 
Participants gain knowledge on ways to establish a digital business model in order to realize sustainable business growth. Apart from that, the seminar will help the participants to gain understanding on how the digital economy influences income increase and business results. 

Who should attend?

  • The seminar is intended for customer service oriented mid and top tier managers, regardless of their economy sector.
  • All those who think outside of the box, and are ready to embark on the process of business transformation.

Who teaches the Programme?

Branislav Vujovic, the founder and president of New Frontier Group. The New Frontier Group was founded in 2006. and currently employs over 2000 highly qualified staff in 17 countries all over the world. The company is a leader in digital transformation in Central and Eastern Europe. New Frontier Group has developed an original methodology of business model innovation, which it successfully uses in cooperation with clients and partners in the process of digital transformation. Apart from being in charge of the complete business of the Group, Branislav Vujovic is responsible for specific areas of business such as investor relations, merging and acquisition, as well as group strategy, with special consideration to innovation and digital transformation. Prior to founding the New Frontier Group, Mr. Vujovic was a regional director for Central and Eastern Europe in two multinationals: regional director at EMC (2000.-2006.), and VP at Computer Associates (1986.-2000.). Mr. Vujovic started as a system programmer at the IT service of Belgrade City Administration. He graduated from the Faculty of Organizational Sciences in Belgrade.

Gregor Bierent is Managing Director in New Frontier Group, taking responsibility of New Frontier Innovation, the innovation hub for own software products and digital consulting services in New Frontier Group. Previously, Gregor was acting in different management roles for leading international consulting companies (e.g. Capgemini) and driving business in CEE. Gregor graduated from Vienna’s University of Technology where he studied Business Informatics.

Sign up for this programme on this email: theacademy@rs.pwc.com or visit website PwC Serbia!

Indicative agenda

Basic Assets of Digital Economy (Threat and Opportunity)

Digital Transformation – why and how?

Digital Best Practices

  • Best Practices and Benchmarks of Digital Leaders across several industries
  • Framework for rating digital maturity and growth areas of companies.

Detailed insight into the digital business model

  • The big picture of the digital business model
  • The value of the digital business model
  • The framework of understanding the existing business model and how to transform it into digital

Business model Innovation methodology

  • The traditional business model compared to the digital business model
  • Value of service compared to client expectations
  • Client segments
  • Communication channels and client relations
  • The power of the digital ecosystem
  • Key resources and the importance of information
  • The digital ecosystem
  • Income and expense structure

The unification of previous topic

Objectives:

  • Comprehensive understanding of the digital business opportunities and the digital revolution.
  • Digital maturity and growth area assessment framework.
  • Digital process value for growth and where to focus
  • How to improve business, client access and new portfolio creation through the expanded ecosystem.
  • Creating a digital business model for the purpose of company growth and sustainability.

Event time and date

This event is held 23. 11. 2017. at 9 AM. See map below for location.

Event location

Have some questions? Get in contact