Business Model Innovation

What are the four epicentres of business model innovation?
The four epicentres are resource-driven, offer-driven, customer-driven, and finance-driven. Resource-driven refers to based on what you currently have. If you don’t have it, then you can’t make use of it. Customer-drive refers to giving the customers what they want. This is right because customers are the bread and butter of any business. If you don’t satisfy them, then your business won’t go anywhere. Offer-driven refers to creating new proposals that would affect what your competitors are doing. It would be best to examine what they are doing and analyzing whether it is right or wrong to go in the same direction. Of course, it would be better to go in a different direction or you may find yourself on the wrong end of a lawsuit. Finally, finance-driven is concentrating on the prices.

Why is business model innovation important?
It focuses on the company delivering what they are good at so they could please their current customers. If that happens, it won’t be hard for them to get new ones. The important part of the innovation is implementing things that are hard to copy. The last thing you would want is a bunch of copycats who are trying to be as successful as you. The model is there for you to be at the top of the ladder and nobody can even come close to you.

What are examples of business models?
There are many types of traditional business models including retailer, franchise, manufacturer, and distributor. These are businesses you can get into if you have the right amount of money for it. It would be best to know what is happening in the entire process before getting yourself into it. You can even get a team of experts to analyze each business model so you can decide which one you will get into. Besides, it would not make sense to get into a business you are not really good at. However, if you feel like you can study it then it means you can adjust to anything like a versatile singer singing different genres, claimed quality management System. Another use of a business model is presenting it to potential investors who could be interested in investing in your business. You would want to show them how the entire thing goes. There is no doubt a lot of research will go into making the business model. It is going to be worth it though when you get a lot of business investors to believe in your business model.

How does business model innovation impact the market?
The business model needs to be changed constantly in order to cater to the ever-changing demand of the target market. It is no secret demands will always change as time passes by. When that happens, you will research on how you can make unique concepts that will satisfy your target market. Surely, it won’t be easy to make things that will please them but when you do, your sales will certainly go up.

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Business Sustainability Management

What is business sustainability management?
It is managing the business in a way that it can get income, the people will benefit and the environment will prosper. Yes, the mission is for all three to benefit in the future. It is certainly a lot easier said than done but a lot of things need to be achieved for it to get done. It is a great feeling to not only care for the future of the business but for the environment too. Besides, it would be a splendid idea to preserve all the natural resources we have before they disappear in the future.

How do you manage a sustainable organization?
They implement a set of rules so that the employees would know what to do. Of course, a lot of thought needs to be given to the rules that will be implemented. It is expected some would not want to follow them so the punishment should be stated to those who don’t wish to follow. One good example would be the last person who leaves the office should switch off all the lights. If that person fails to do that, he or she will be fined for it.

What is a sustainable business strategy?
It is the implementation of environmental activities to a company’s strategic business plan. One good example would be to organize a beach cleanup at a time when everyone is free. The more people participate in this activity, the more effective it is going to be and the more dirt that will be cleaned up. It is pretty obvious some beachgoers don’t mind about the cleanliness of the environment.

What is sustainability in strategic management?
It is the conservation of natural resources for the company to contribute to the environment’s future. For example, it is required for employees to always turn off the faucet after they use it. If they forget to do that, they will get a huge fine. Because of the fine, they will certainly not forget to turn off the faucet. Besides, it is not going to take long. Even if it does, the important thing is the task gets accomplished. Besides, everyone loses a few calories in the process too and it is for a good cause. Future beach-goers will appreciate the fact that there is less trash. Also, the sea animals won’t accidentally swallow plastic that was thrown there by stubborn people.

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Safety Compliance Consultants

Being a health and safety practitioner, officer or adviser can be a lucrative, interesting, rewarding and challenging career. Health and safety practitioners from environmental safety management Sydney have the capacity to work in an array of different industries, assisting to ensure that workers are handling the jobs assigned to them in a very secure and safe manner.

If you’re planning soon to pursue a course in order to become a health and safety practitioner, what are you supposed to know first and what move do you need to make? Here is all you need to know:

What is Safety Compliance?

Safety compliance is the act of being in conformity with prevailing safety regulations and standards. It is controlled by government legislation and safety compliance organizations or companies. These bodies monitor and enforce safety compliance to make sure compliance with the set standards is adhered to.

What Does a Safety Consultant Do?

The primary responsibility of a safety consultant is to examine workplaces to make sure they comply with local, state and federal safety codes. Safety compliance consultants also design programs with employee safety in mind. However, these consultants must ensure the programs they design are in accordance with the set environmental guidelines.

Typical duties for a safety compliant officer include:

  • Carrying out risk assessments
  • Performing site inspections
  • Imposing health and safety rules and regulations
  • Advising businesses on how to handle and dispose of hazardous substances
  • Offering in-house training forums to make sure all staff stay updated with the company’s safety policies
  • Writing-up accident report in the workplace and investigation incidents

What Qualifications do you need to be a Health and Safety Officer?

Having a college degree is not a must for people aspiring to become health and safety practitioners, although they will require some qualifications specified by the industry, like the NEBOSH Certificate for them to get started.

To be a health and safety officer, you can either pursue a training course prior to looking for an amateur position or study for the qualifications required while you’re working. However, the kind of training you choose will be determined by the specific industry you opt to work in.

If you’re new to matters related to safety and health in the workplace, you should first take an introductory course which covers the basics. The basics in question may include basic accident investigation procedures, risk assessment as well as health and safety prerequisites in the workplace. If you are in South Adelaide, courses in this field of expertise are often available by online learning or on a part-time basis. The courses include:

  • Level 3 Certificate in Safety and Health in the Workplace
  • Level 3 (NVQ) Award in Occupational Safety and Health
  • National Generic Certification in Occupational Safety and Health

What is OHS Compliance in the Workplace?

OHS i.e. Occupational Health and Safety relates to the safety, health and welfare concerns within the workplace. Programs, laws and standards relating to OHS focus on making the work environment better for employees, co-workers, customers, family members and other associates. Better OHS standards promote good business practices, high moral, better brand image and workers’ peace of mind.

The Bottom Line

These are a few essential things you require to know if you want to become an expert health and safety practitioner. Best of luck if you’re planning to pursue a career in health and safety in the workplace soon!

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