Concept

Is innovation worthwhile? How boldly should or must investments in innovation be made? What financial consequences can be expected if large investments are made in the future, further fixed costs are built up and additional capital is tied up?

Part 1: How is a new, promising business model developed and implemented on the market? Business development.

Part 2: How a good concept becomes a financial success: Financial management.

Participants

Managing directors, heads of business divisions, business unit managers
Managers responsible for new business and strategies
Top performers who deal with new business models and their implementation
Managers from staff units, central divisions, service centers

Topics

Where we know the business, it is usually possible to make fairly accurate investment and profitability calculations. However, if resources are invested in defending against disruption, new business models and building a future business, the unknowns are too great to achieve a high degree of accuracy in financial planning. So how should you proceed?

Part 1: Business Development
How can changes that could lead to an upheaval of an entire industry be identified at an early stage? What opportunities do technological breakthroughs offer us to develop new business models ourselves and create new markets? What challenges in terms of strategic positioning, new customer benefits, new value creation models, new skills, new structures and processes are part of such a transformation?

Thinking in terms of competitive advantages must be supplemented by the search for the markets of the future
Innovative strategic management primarily looks for opportunities to tap into new profit and value potential with new business models
Companies that miss this will sooner or later find themselves in a hyper-competitive environment, often coupled with stagnation, a fight for market share and a loss of profit margin
The methodology: How to develop and implement a successful new business model

Part 2: Financial management
Anyone who invests heavily in innovation also makes very important financial decisions. The second part of the program therefore consists of a seminar on financial management: here, even non-experts in financial management learn what it takes to steer an innovative company towards profitability and viability and not towards a liquidity bottleneck, debt build-up, excessive fixed costs or loss of cost flexibility.

Balance sheet and key figures: a brief overview
How business models shape the balance sheet
How the income statement is determined by the business model
The consequences for strategy, profit and cash flow
Financial performance indicators
Return on capital: is the investment worthwhile?
Investment calculation and value enhancement
Buying in innovation if necessary: Mergers & acquisitions
Programs to increase EBIT, cash flow, profitability and value.

General Information

Administrative Information

St. Gallen Business School
Rosenbergstrasse 36
CH-9000 St. Gallen
Phone +41 71 225 40 80
E-Mail seminars@sgbs.com
Internet www.sgbs.com

Registration

We are happy to accept your registration or application for a management seminar or program by email, post or internet.

After receiving your registration, we will send you:
- confirmation of your registration with invoice
- information on the schedule, hotel/conference center and arrival
- the room reservation form for your hotel booking
If the seminar is already fully booked, you will be informed immediately.

Information about the seminar hotels

Further information about our seminar centres and hotels can be found on the Internet: www.sgbs.com/hotel

Course fee, Hotel costs, Topics

The course fee (plus VAT, depending in which country the seminar takes place) includes includes tuition and all course material. Participants will download the seminar materials electronically from our download center shortly before the seminar. We will send you an email with a link to download them. The course fee does not include any hotel services such as overnight accommodation, breakfast, meals and the daily flat rate for the hotel or conference center. Participants must pay these directly to the hotel. The daily delegate rate of the conference centers in London, Boston and Shanghai is billed directly by the St. Gallen Business School and forwarded to the conference center.

Participants are of course free to stay overnight outside the seminar hotel. In this case, you pay only the daily flat rate charged by the hotel/conference center directly to the hotel or conference center.

The course fee is charged after registration and must be transferred no later than 6 weeks before the start of the seminar. We reserve the right to make minor changes to topics, the sequence of topics and speakers.

We as organizers have the right to move a seminar to our study center in St. Gallen for valid reasons without this justifying cancellation of registration.

Cooperation, Questionnaire

Some of our seminars are held in cooperation with other renowned institutions. The respective event partner records customer satisfaction at the end of the seminar and forwards the evaluation to the cooperation partner.

Certificate

You will receive a course certificate upon completion of the course, or in the case of a multi-part program, during the last part of the program.

Change of Booking, Postponement

A re-scheduling is possible only up to 6 weeks before the start of the seminar, and only once. In the case of booking changes later than 6 weeks before the start of a seminar, following re-scheduling fees will be billed:

If you rebook a booked seminar or part of a seminar up to 3 months before the start, we charge a rebooking fee of CHF 400 plus VAT. If you rebook between 6 weeks and 3 months before the start of the seminar, 20% of the fees for the rebooked event must be paid. If you rebook less than 6 weeks before the start, 40% of the fee is due. If you rebook less than 2 weeks before the start of the seminar, 80% of the fee is due. In case of a later re-scheduling the entire seminar fee is forfeited. If you do not show up, the fee is forfeited without compensation. Seminars and parts of seminars not attended are forfeited.

When rebooking, there may be program changes/adjustments and overlaps. This does not entitle you to a partial refund of the seminar fee.

Cancellation, Withdrawal

Cancellation of registration (withdrawal or cancellation) is possible free of charge up to 3 months before the start of the seminar. If you cancel between 3 months and 6 weeks before the start of the seminar, 40% of the seminar fee plus VAT will be charged.

Alternatively, a replacement participant can be provided up to 14 days before the start of the seminar against payment of the rebooking fee of CHF 700 plus VAT, in accordance with the target group description.

The full seminar fee will be charged if the cancellation is made less than 30 working days before the start of the seminar.

Seminars may, due to force majeure or because of an insufficient number of participants, be cancelled by the organiser at short notice until 2 weeks before the seminar start, without being liable for compensation for any resulting consequences.

We recommend that you either take out cancellation insurance or book your flight and hotel with a free right of withdrawal up to 10 days before the start of the seminar.

Postponement in case of danger, pandemic

We treat rebookings made due to a pandemic or an acute danger situation (terror, war) with great goodwill: We waive the usual rebooking fees. Due to the extended rebooking option, the above-mentioned “free cancellation up to 3 months before the start of the seminar” does not apply. The seminar fee, if not already paid, remains due with the value date stated in the invoice.

Dangerous situations include events such as an epidemic, a pandemic, disasters, serious political or social upheavals that pose a danger to the participants that should reasonably be avoided by postponing the event. A postponement for such reasons by St. Gallen Business School does not entitle the participant to cancel the booked seminar or program.

Insurance, Liability, Price Changes

We recommend that you take out seminar cancellation insurance with your insurance company to cover cancellation costs due to illness and other events.

Any other damage that could be directly or indirectly related to the seminar attendance, whether from accident, illness, liability, theft, cancellation of the seminar by the organizer or damage resulting from the application of the management knowledge imparted by the participants or the company commissioned by us, must also be insured or covered. We exclude any liability.

Swiss law applies and the place of jurisdiction is St. Gallen.

With the publication of a new brochure, all previous information regarding content, speakers and prices become invalid.

Valid from: 1 June 2024

St. Gallen
Business School

Innovation and Financial Management