This PPT slide, part of the 407-slide Complete Business Frameworks Reference Guide PowerPoint presentation, outlines a contemporary interpretation of Blue Ocean Strategy, emphasizing 4 core areas: growth focus, value identification, value creation, and effective execution.
Starting with growth focus, the slide advocates for a customer-centric approach. It suggests that organizations should prioritize understanding customer needs and look beyond conventional markets and competitors. This perspective encourages the creation of a multi-horizon portfolio, which allows businesses to explore various growth avenues simultaneously. The concept of "market mining" is introduced, indicating a proactive stance in identifying and developing new opportunities based on consumer needs and market trends.
Moving to value identification, the slide stresses the importance of comprehending what customers truly value. This involves prioritizing initiatives that align with customer expectations. A graphical representation illustrates the potential to eliminate, reduce, raise, or create value elements, guiding organizations in their strategic decision-making.
Value creation is the next focal point, where the slide emphasizes selecting and developing growth options. It highlights the need to align the operating model with the goal of delivering both value and fair value to customers. This alignment is crucial for ensuring that the initiatives taken are not only innovative, but also sustainable.
Finally, effective execution is presented as a critical component. This section breaks down concept execution into venture launch, organizational alignment, and resource allocation. Additionally, it addresses structural elements like infrastructure, culture, alliance management, and mergers and acquisitions, all of which are vital for successful implementation.
Overall, the slide serves as a roadmap for organizations aiming to innovate and execute strategies that resonate with customer needs while ensuring sustainable growth.
This slide is part of the Complete Business Frameworks Reference Guide PowerPoint presentation.
This robust 400+ slide presentation is created by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants. It includes over 50+ frameworks commonly used by tier 1 global consulting firms on projects with Fortune 500 clients.
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