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
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Famous quotes containing the word tools:
“Man is a tool-using animal.... Without tools he is nothing, with tools he is all.”
—Thomas Carlyle (17951881)