BENEFITS OF DOCUMENT
DESCRIPTION
This document provides a visual guide to to enabling a value innovation strategy that aims to make the existing competition irrelevant. An established value innovation strategy approach is the Blue Ocean Strategy, first introduced by Chan Kim and Renee Mauborgne in 2005.
This document can serve as a useful resource for anyone looking to understand and implement a value innovation strategy, making it easier for consultants and professionals to apply the key concepts listed below in their work.
Contents:
1. Red vs Blue Ocean Strategy
2. Value Innovation
3. Strategy Canvas
4. Buyer Utility Map
5. Three Tiers of Noncustomers
6. Six Paths Framework
7. Four Actions Framework
8. Eliminate-Reduce-Raise-Create (ERRC) Grid
9. Pioneer Migrator Settler Map
10. Price Corridor of the Target Mass
11. Sequence of Creating a Blue Ocean
12. Five Steps to a Blue Ocean Shift
13. Three Components of Blue Ocean Shift
14. Three Components of Humanness
15. Four Hurdles to Strategy Execution
16. Fair Process
17. Tipping Point Leadership
18. Blue Ocean Vs Conventional Leadership
19. Leadership Canvas
20. Blue Ocean Leadership Grid
21. Four-Step Blue Ocean Leadership Process
22. Cost of Disengaged Employees
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Source: Best Practices in Business Model Innovation, Value Innovation PowerPoint Slides: Value Innovation Strategy PowerPoint (PPTX) Presentation, ILMAM - Strategy & Management Consulting
Business Model Innovation Business Model Design Innovation Management Value Innovation Industry Analysis Environmental Analysis Strategy Development Maturity Model ISO 31000 Value Proposition Business Model Canvas
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