DESCRIPTION
Organizations face constant pressure to grow and innovate, often within markets saturated by competition. The 6 Paths Framework, a key component of Blue Ocean Strategy, offers a structured approach to help organizations break free from conventional market boundaries. Developed by W. Chan Kim and Renée Mauborgne, this framework challenges organizations to explore beyond the familiar, identifying new opportunities that competitors overlook.
The 6 Paths Framework was developed to address these challenges by offering a structured approach to redefining market boundaries. This framework encourages organizations to shift their strategic focus away from competing within existing markets and towards creating new, uncontested market spaces—so-called "Blue Oceans." By exploring 6 distinct paths, the framework provides a comprehensive guide to unlocking new demand, fostering innovation, and driving sustainable growth.
In this presentation, we will provide an in-depth exploration of the 6 Paths Framework, covering its historical background, key components, and practical applications.
We will break down each of the 6 paths, offering insights into how organizations can leverage them to redefine market boundaries and capture untapped opportunities:
1. Looking across Alternative Industries
2. Looking across Strategic Groups
3. Looking across the Chain of Buyers
4. Looking across Complementary Product and Service Offerings
5. Looking across Functional or Emotional Appeal to Buyers
6. Looking across Time to Shape Trends Over Time
Each of these paths provides unique insights that help organizations discover new market opportunities, driving innovation and growth beyond the confines of traditional competition. By leveraging these 6 paths, organizations can break away from the traditional competitive strategies and create uncontested new markets.
By the end of this PPT presentation, executives will gain a clear understanding of how to apply the 6 Paths Framework to redefine strategic approach, allowing organizations to discover new market opportunities and drive growth. This presentation also briefly discusses the 4 Actions Framework.
This deck 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: 6 Paths Framework PowerPoint (PPTX) Presentation, LearnPPT Consulting
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