This PPT slide, part of the 144-slide Complete Guide to Strategy Consulting Frameworks PowerPoint presentation, outlines the principles of Blue Ocean Strategy, emphasizing a structured approach to innovation, value creation, and execution. It is divided into 4 key areas: Growth Focus, Value Identification, Value Creation, and Effective Execution.
The Growth Focus section highlights the importance of starting with customer needs and looking beyond traditional markets. It encourages organizations to create a multi-horizon portfolio and develop growth platforms through "market mining." This approach suggests that understanding consumer needs and market trends is essential for identifying new opportunities.
Value Identification follows, stressing the need to understand what customers truly value. This involves prioritizing initiatives based on customer insights, which can be visualized through a graph indicating potential areas for value enhancement. The focus here is on eliminating, reducing, raising, or creating value elements that resonate with customers.
Next is Value Creation, which outlines the selection and development of growth options. It emphasizes aligning the operating model to deliver both value and fair pricing. The concept of value innovation is central, suggesting that organizations should not only focus on cost, but also on enhancing value to customers.
Finally, Effective Execution covers the practical aspects of bringing these strategies to life. This includes concepts like venture launch, organizational alignment, resource allocation, and accountability. It also touches on the importance of a sustainable growth structure, which encompasses infrastructure, culture, and alliance management.
Overall, the slide presents a comprehensive framework for organizations looking to innovate and execute effectively in a dynamic market environment.
This slide is part of the Complete Guide to Strategy Consulting Frameworks PowerPoint presentation.
This presentation is created by ex-McKinsey, BCG, Deloitte, EY, and Capgemini consultants. It is a compilation of 20 Strategy Consulting frameworks, including ones developed by McKinsey, BCG, AT Kearney, and PwC.
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