Please note that you will be re-directed to Skills Training & Enhancement Portal (STEP)* to sign up for SIRS courses using your SingPass.
Through this Masterclass, participants will develop good understanding of their current Business Model Innovation and Business Model in a Digital environment. At the end of the masterclass, participants will be able to identify areas where they can focus on to improve their productivity and business through Business Model Innovation.
No intakes available
Please check back later.
The programme will cover the following areas :
1. Overview of Retail Sector in Singapore
- Retail trends and challenges
- Market sizing and brand positioning
2. Business Model Innovation
- Component of BMI
- Current State of the Business
- Pivoting the Business Model in a Digital landscape
3. 6 key focus of Retail : Understand the impact and area where business can compete in
- Product Ranging and category management, Store Format and layout, Quality of Service, Pricing Strategy, Market Place and location, Technology Adoption
Business Owners, Senior Management
- Participants are required to bring their own laptops
- All learning materials will be in soft copy
1 Day
Category | Price |
Full Fee | $817.50 |
Singapore Citizen (70% funding) | $245.25 |
Singapore Citizen 40 years and above1 (90% funding) | $95.25 |
Singapore Citizen sponsored by SMEs2 (90% funding) | $95.25 |
Singapore PR (70% funding) | $245.25 |
Singapore PR sponsored by SMEs2 (90% funding) | $95.25 |
*All fees are fully payable to Singapore Institute of Retail Studies.
Fees include prevailing GST
Funding Eligibility Period: 1 Oct 2021 to 31 Dec 2024
^1 Fee is under the Mid-career Enhanced Subsidy(MCES)
^2 Fee is under the Enhanced Training Support for SMEs (ETSS)
This course is also eligible for the following:
For self-sponsored participants:
- SkillsFuture Credit
- Workfare Skills Support (WSS) Scheme (For Individuals)
- Union Training Assistance Programme (UTAP)
For company-sponsored participants:
For more information about funding and support, click here.