Blue Ocean Strategy - Tools and Frameworks

Tools and Frameworks

Blue Ocean Strategy has introduced a number of practical tools, methodologies and frameworks to formulate and execute blue ocean strategies, attempting to make creation of blue oceans a systematic, repeatable process. Some of these are listed below:

Summary of Blue Ocean Strategy Frameworks, Tools and Methodologies

For blue ocean strategy formulation:

  • The Strategy Canvas
  • The initial litmus test for BOS: focus, divergence, compelling tagline
  • The Four Actions Framework
  • Eliminate-Reduce-Raise-Create Grid
  • The Six Paths Framework
  • Buyer Utility Map
  • Buyer Experience Cycle
  • Price Corridor of the Mass model
  • Four Steps of Visualizing Strategy Process
  • Pioneer-Migrator-Settler Map
  • Three Tiers of Noncustomers Framework
  • The Sequence of Blue Ocean Strategy

For blue ocean strategy execution:

  • Tipping Point Leadership
  • Four Key Organizational Hurdles:
    • Riding the "Electric Sewer" to break the Cognitive Hurdle
    • Redirecting from cold spots to hot spots and horse trading to overcome the Resource Hurdle
    • Placing Kingpins in a Fishbowl and atomize the change to jump over the Motivational Hurdle
    • Leverage your angels and consigliere to overcome the Political Hurdle
  • 3 E principles of Fair Process: engagement, explanation, clarity of expectations

Read more about this topic:  Blue Ocean Strategy

Famous quotes containing the word tools:

    Man is a tool-using animal.... Without tools he is nothing, with tools he is all.
    Thomas Carlyle (1795–1881)