Creating a blue ocean requires more than inspiration — it demands practical tools and frameworks that guide your strategic thinking and execution. Here are the essential tools that form the backbone of Blue Ocean Strategy.
1. Six Paths Framework
This framework helps you systematically reconstruct market boundaries by looking across:
- Alternative industries
- Strategic groups within industries
- Buyer groups
- Complementary product and service offerings
- Functional-emotional appeal to buyers
- Time trends shaping the market
By exploring these dimensions, you uncover new opportunities to create blue oceans.
2. Strategy Canvas
The strategy canvas visually captures the current competitive landscape by mapping the key factors of competition and the relative performance of industry players. It highlights where companies converge and where new value curves can be created.
3. Four Actions Framework
To reconstruct buyer value, ask:
- Which factors should be eliminated?
- Which factors should be reduced?
- Which factors should be raised?
- Which factors should be created?
This framework helps break industry norms and craft innovative value propositions.
4. Buyer Utility Map
This tool identifies where exceptional utility can be delivered across the buyer experience cycle — purchase, delivery, use, supplements, maintenance, and disposal. It uncovers hidden pain points and opportunities for innovation.
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