DESCRIPTION
A multitude of industry sectors find themselves ensnared in relentless competition, as organizations strive vigorously, frequently contending over identical attributes, all the while presenting comparable goods or services.
A way for profitable and sustained growth is to distinguish the organization from the intense rivalry by establishing an unchallenged market arena. Blue Ocean Strategy is a strategy that advocates fashioning novel market arenas and Value Propositions that render the competition inconsequential. In other words, it is about creating an uncontested market space—i.e. a "blue ocean."
Bedrock of the Blue Ocean Strategy is the 4 Actions Framework, which represents a potent instrument. It is capable of evaluating the existing Value Proposition of a company, while uncovering methods to formulate a fresh one that aligns with an alternative group of customers or requirements.
This PowerPoint presentation explores 4 actions that an organization ought to take by answering the following 4 evaluative questions:
1. Which elements can be "eliminated" as currently assumed by the sector?
2. Which elements can be notably "reduced" beneath industry norms?
3. Which elements can be significantly "raised" beyond industry benchmarks?
4. Which elements can be "created," previously unexplored in the sector?
Addressing these strategic questions facilitates Cost Reduction, Value Creation, and differentiation from rivals. Each of the 4 actions is discussed in depth in this presentation. We also include a couple notable case studies showcasing the 4 Actions Framework.
This PowerPoint presentation on the 4 Actions Framework also looks at the key concept of Value Innovation—the simultaneous pursuit of differentiation and low cost. It also includes slide templates for you to use in your own business presentations.
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Source: Best Practices in Strategy Development, Market Analysis, Industry Analysis PowerPoint Slides: 4 Actions Framework PowerPoint (PPTX) Presentation, LearnPPT Consulting
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