SlideShare a Scribd company logo
Blue Ocean Strategy Sailor’sLessons Log © iCanPilot 2010
All markets head towards commodity status
How do you differentiate in a meaningful way?
The commoditizationcurveisgettingdangerous
PRICE ▼ It is time for a new track
We know we have got to change something
We need to transform our businesses
NEW BUSINESS MODEL What is bigger: the risk of not changing or the fear of change?
BLUE OCEAN STRATEGY BUSINESS MODEL INNOVATION DISRUPTIVE INNOVATION DESIGN THINKING LEAD USER RESEARCH CROWD SOURCING OUTCOME DRIVEN INNOVATION We are all looking for proven recipies & tools that we could apply with confidence
BLUE OCEAN STRATEGY is the simultaneous pursuit of high value and low cost to create new market space. Source: Kim & Mauborgne
4 8 Visual  Exploration - Reconstruct  Market Boundaries 1 2 3 5 6 Visual  Strategy Fair Create Series  of “To Be” Strategy Canvases Mapping the Business  Portfolio Visualize  Current Strategy Understand Customer Experience Identify Non-customer Commonalities Four  Actions Framework Six Paths Analysis 7 “As Is”  Strategy Canvas  Buyer Experience Cycle 3 Tiers of  Non-customers “To Be”  Strategy Canvas  PMS Map 4 Actions 9 Visual  Awakening Module 1 Visual  Exploration Module II Milestone / Calibration Module III Visual  Strategy Fair Module IV Final  “To Be” Strategy  Canvas “To Be”  Strategy Canvas  Field Work Visual Exploration Field Work Visual Awakening Field Work Visual strategy Creation Source: Kim & Mauborgne Visual Awakening Visual Exploration Visual Communication
Tagline: The Speed of a  planeattheprice & flexibilityof a car HIGH Southwest Average Airlines Car Transport LOW Price Frequent point-topoint departures Meals Seating class choices Lounges Hub connectivity Friendly service Speed Lesson #1. Visualize your current strategy on an AS IS Strategy Canvas
Lesson #2. Stop focusing only  on beating your competition
Blue Ocean Strategy Create uncontested  “market space” Ignore & make  the competition irrelevant Create & capture new demand  from a new customer base Red Ocean Strategy Compete in existing  market space Benchmark to beat  the competition Exploit existing demand with  the existing customer base Source: Kim & Mauborgne, Blue Ocean Strategy
How do we reconstruct  the market boundaries? Source: Nintendo Wii Lesson #3. Look at the  non-customers of your industry
How do we reconstruct  the market boundaries? Alternatives & substitutes Segments Chain of buyers Complementary products Emotional vs functional orientation Trends Lesson #4. Use six paths framework to reconstruct market boundaries
Callaway Golf Look at alternatives.
NovoNordisk Source: Novo Nordisk Look at the chain of buyers.
Yellow Tail Lesson #5. Look at the buyer experience cycle.
iCanPilot Case Study
Genesis
CUSTOMERS NON-CUSTOMERS Whatif we offeredthevalue of consulting to thosewhocan’taffordit?
Whatmakespeoplehire a consultant vs. buy a book and do itthemselves?
Eliminate ,[object Object],Create ,[object Object]
 Practitioner community
 Affiliate marketing partnershipsReduce ,[object Object],Raise ,[object Object]
 Ease of use
 Ability to reuse the processERRC Grid
iCanPilot Strategy Canvas
„It really feels like having Kay in the room with you” Barry Fleck Former client The result
Summary

More Related Content

What's hot

Blue Ocean Strategy - Inspiration for 2011
Blue Ocean Strategy - Inspiration for 2011Blue Ocean Strategy - Inspiration for 2011
Blue Ocean Strategy - Inspiration for 2011
Andrew Ballenthin
 
Blue ocean strategy
Blue ocean strategyBlue ocean strategy
Blue ocean strategy
Aditya Sewal
 
Business Strategy - Blue Ocean Strategy
Business Strategy - Blue Ocean StrategyBusiness Strategy - Blue Ocean Strategy
Business Strategy - Blue Ocean Strategy
Deepak Agrawal
 
Blue ocean
Blue oceanBlue ocean
Blue ocean
Hussam Kassab
 
Blue ocean strategy
Blue ocean strategyBlue ocean strategy
Blue ocean strategy
Musfiqur Rahman
 
Blue Ocean Strategy - Creating Value Innovations
Blue Ocean Strategy - Creating Value InnovationsBlue Ocean Strategy - Creating Value Innovations
Blue Ocean Strategy - Creating Value Innovations
melanie_ernst
 
Value Innovation And Blue Ocean Strategy In The Wam
Value Innovation And Blue Ocean Strategy In The WamValue Innovation And Blue Ocean Strategy In The Wam
Value Innovation And Blue Ocean Strategy In The Wam
Elaine Rumboll
 
Blue Ocean Strategy Concepts
Blue Ocean Strategy ConceptsBlue Ocean Strategy Concepts
Blue Ocean Strategy Concepts
Rich Kohler
 
Tools for blue ocean strategy
Tools for  blue ocean strategyTools for  blue ocean strategy
Tools for blue ocean strategy
Lee Oi Wah
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
polscilover
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
Hasibur Rahman
 
Red ocean traps HBR
Red ocean traps HBRRed ocean traps HBR
Red ocean traps HBR
9988559750
 
Blue ocean strategy
Blue ocean strategyBlue ocean strategy
Blue ocean strategy
Md.Shahed Jurain Alam
 
Blue Ocean Strategy by W. Chan Kim and Renee Mauborgne
Blue Ocean Strategy by W. Chan Kim and Renee MauborgneBlue Ocean Strategy by W. Chan Kim and Renee Mauborgne
Blue Ocean Strategy by W. Chan Kim and Renee Mauborgne
Sameer Mathur
 
The blue ocean strategy
The blue ocean strategy The blue ocean strategy
The blue ocean strategy
Francesco Guerrieri
 
Blue ocean strategy
Blue ocean strategyBlue ocean strategy
Blue ocean strategy
Francois Cazals
 
Blue Ocearn Strategy
Blue Ocearn StrategyBlue Ocearn Strategy
Blue Ocearn Strategy
lynjang
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
Gocha Sharvashidze
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
Jonathan L. Tan, M.B.A.
 

What's hot (20)

Blue Ocean Strategy - Inspiration for 2011
Blue Ocean Strategy - Inspiration for 2011Blue Ocean Strategy - Inspiration for 2011
Blue Ocean Strategy - Inspiration for 2011
 
Blue ocean strategy
Blue ocean strategyBlue ocean strategy
Blue ocean strategy
 
Business Strategy - Blue Ocean Strategy
Business Strategy - Blue Ocean StrategyBusiness Strategy - Blue Ocean Strategy
Business Strategy - Blue Ocean Strategy
 
Blue ocean
Blue oceanBlue ocean
Blue ocean
 
Blue ocean strategy
Blue ocean strategyBlue ocean strategy
Blue ocean strategy
 
Blue Ocean Strategy - Creating Value Innovations
Blue Ocean Strategy - Creating Value InnovationsBlue Ocean Strategy - Creating Value Innovations
Blue Ocean Strategy - Creating Value Innovations
 
Value Innovation And Blue Ocean Strategy In The Wam
Value Innovation And Blue Ocean Strategy In The WamValue Innovation And Blue Ocean Strategy In The Wam
Value Innovation And Blue Ocean Strategy In The Wam
 
Blue Ocean Strategy Concepts
Blue Ocean Strategy ConceptsBlue Ocean Strategy Concepts
Blue Ocean Strategy Concepts
 
Tools for blue ocean strategy
Tools for  blue ocean strategyTools for  blue ocean strategy
Tools for blue ocean strategy
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
 
Red ocean traps HBR
Red ocean traps HBRRed ocean traps HBR
Red ocean traps HBR
 
Blue ocean strategy
Blue ocean strategyBlue ocean strategy
Blue ocean strategy
 
Blue Ocean Strategy by W. Chan Kim and Renee Mauborgne
Blue Ocean Strategy by W. Chan Kim and Renee MauborgneBlue Ocean Strategy by W. Chan Kim and Renee Mauborgne
Blue Ocean Strategy by W. Chan Kim and Renee Mauborgne
 
The blue ocean strategy
The blue ocean strategy The blue ocean strategy
The blue ocean strategy
 
Blue ocean strategy
Blue ocean strategyBlue ocean strategy
Blue ocean strategy
 
Blue Ocearn Strategy
Blue Ocearn StrategyBlue Ocearn Strategy
Blue Ocearn Strategy
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
 

Similar to Blue Ocean Strategy - example of ICanPilot

Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
Gaurav Agrawal
 
Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461
lokesh varma
 
Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461
NidhiMahajan
 
Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461
Anil Mourya
 
Blue Ocean Strategy Summary
Blue Ocean Strategy SummaryBlue Ocean Strategy Summary
Blue Ocean Strategy Summary
nick jimenez
 
Blue Ocean Strategy Summary
Blue Ocean Strategy SummaryBlue Ocean Strategy Summary
Blue Ocean Strategy Summary
jessestarmer
 
Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461
NidhiMahajan
 
Blue ocean strategy (bos) (2)
Blue ocean strategy (bos) (2)Blue ocean strategy (bos) (2)
Blue ocean strategy (bos) (2)
Kenneth Maier
 
Bm512 b525 t5_l_v002
Bm512 b525 t5_l_v002Bm512 b525 t5_l_v002
Bm512 b525 t5_l_v002
moduledesign
 
Blue ocean strategy
Blue ocean strategyBlue ocean strategy
Blue ocean strategy
Yousri Mandour
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
Robbert Homburg
 
Blue Ocean Strategy
Blue Ocean Strategy Blue Ocean Strategy
Blue Ocean Strategy
Himani Sabharwal
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
Juan De La Fuente
 
Blue Ocean Strategy
Blue  Ocean  StrategyBlue  Ocean  Strategy
Blue Ocean Strategy
future.thinker
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
kkjjkevin03
 
BLUE OCEAN
BLUE OCEANBLUE OCEAN
Blue ocean strategy
Blue ocean strategyBlue ocean strategy
Blue ocean strategy
indon sulong
 
The Business Strategy that Makes Competition Irrelevant, Blue Ocean Strategy
The Business Strategy that Makes Competition Irrelevant, Blue Ocean StrategyThe Business Strategy that Makes Competition Irrelevant, Blue Ocean Strategy
The Business Strategy that Makes Competition Irrelevant, Blue Ocean Strategy
Flevy.com Best Practices
 
Blue ocean-strategy-summary
Blue ocean-strategy-summaryBlue ocean-strategy-summary
Blue ocean-strategy-summary
Le Quoc Khuong (Kay)
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
Yanli Liu
 

Similar to Blue Ocean Strategy - example of ICanPilot (20)

Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
 
Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461
 
Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461
 
Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461
 
Blue Ocean Strategy Summary
Blue Ocean Strategy SummaryBlue Ocean Strategy Summary
Blue Ocean Strategy Summary
 
Blue Ocean Strategy Summary
Blue Ocean Strategy SummaryBlue Ocean Strategy Summary
Blue Ocean Strategy Summary
 
Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461Blue Ocean Strategy Summary4461
Blue Ocean Strategy Summary4461
 
Blue ocean strategy (bos) (2)
Blue ocean strategy (bos) (2)Blue ocean strategy (bos) (2)
Blue ocean strategy (bos) (2)
 
Bm512 b525 t5_l_v002
Bm512 b525 t5_l_v002Bm512 b525 t5_l_v002
Bm512 b525 t5_l_v002
 
Blue ocean strategy
Blue ocean strategyBlue ocean strategy
Blue ocean strategy
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
 
Blue Ocean Strategy
Blue Ocean Strategy Blue Ocean Strategy
Blue Ocean Strategy
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
 
Blue Ocean Strategy
Blue  Ocean  StrategyBlue  Ocean  Strategy
Blue Ocean Strategy
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
 
BLUE OCEAN
BLUE OCEANBLUE OCEAN
BLUE OCEAN
 
Blue ocean strategy
Blue ocean strategyBlue ocean strategy
Blue ocean strategy
 
The Business Strategy that Makes Competition Irrelevant, Blue Ocean Strategy
The Business Strategy that Makes Competition Irrelevant, Blue Ocean StrategyThe Business Strategy that Makes Competition Irrelevant, Blue Ocean Strategy
The Business Strategy that Makes Competition Irrelevant, Blue Ocean Strategy
 
Blue ocean-strategy-summary
Blue ocean-strategy-summaryBlue ocean-strategy-summary
Blue ocean-strategy-summary
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
 

Recently uploaded

Chapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .pptChapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .ppt
ssuser567e2d
 
2022 Vintage Roman Numerals Men Rings
2022 Vintage Roman  Numerals  Men  Rings2022 Vintage Roman  Numerals  Men  Rings
2022 Vintage Roman Numerals Men Rings
aragme
 
list of states and organizations .pdf
list of  states  and  organizations .pdflist of  states  and  organizations .pdf
list of states and organizations .pdf
Rbc Rbcua
 
DearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUniDearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUni
katiejasper96
 
Profiles of Iconic Fashion Personalities.pdf
Profiles of Iconic Fashion Personalities.pdfProfiles of Iconic Fashion Personalities.pdf
Profiles of Iconic Fashion Personalities.pdf
TTop Threads
 
Industrial Tech SW: Category Renewal and Creation
Industrial Tech SW:  Category Renewal and CreationIndustrial Tech SW:  Category Renewal and Creation
Industrial Tech SW: Category Renewal and Creation
Christian Dahlen
 
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
 
Part 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 SlowdownPart 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 Slowdown
jeffkluth1
 
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
my Pandit
 
Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)
Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)
Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)
Lviv Startup Club
 
The Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac SignThe Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac Sign
my Pandit
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
JeremyPeirce1
 
TIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup IndustryTIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup Industry
timesbpobusiness
 
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
my Pandit
 
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
BBPMedia1
 
Pitch Deck Teardown: Kinnect's $250k Angel deck
Pitch Deck Teardown: Kinnect's $250k Angel deckPitch Deck Teardown: Kinnect's $250k Angel deck
Pitch Deck Teardown: Kinnect's $250k Angel deck
HajeJanKamps
 
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
The Most Inspiring Entrepreneurs to Follow in 2024.pdfThe Most Inspiring Entrepreneurs to Follow in 2024.pdf
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
thesiliconleaders
 
一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理
一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理
一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理
taqyea
 
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel ChartSatta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
 
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdfHOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
46adnanshahzad
 

Recently uploaded (20)

Chapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .pptChapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .ppt
 
2022 Vintage Roman Numerals Men Rings
2022 Vintage Roman  Numerals  Men  Rings2022 Vintage Roman  Numerals  Men  Rings
2022 Vintage Roman Numerals Men Rings
 
list of states and organizations .pdf
list of  states  and  organizations .pdflist of  states  and  organizations .pdf
list of states and organizations .pdf
 
DearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUniDearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUni
 
Profiles of Iconic Fashion Personalities.pdf
Profiles of Iconic Fashion Personalities.pdfProfiles of Iconic Fashion Personalities.pdf
Profiles of Iconic Fashion Personalities.pdf
 
Industrial Tech SW: Category Renewal and Creation
Industrial Tech SW:  Category Renewal and CreationIndustrial Tech SW:  Category Renewal and Creation
Industrial Tech SW: Category Renewal and Creation
 
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
 
Part 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 SlowdownPart 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 Slowdown
 
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
 
Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)
Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)
Maksym Vyshnivetskyi: PMO KPIs (UA) (#12)
 
The Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac SignThe Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac Sign
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
 
TIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup IndustryTIMES BPO: Business Plan For Startup Industry
TIMES BPO: Business Plan For Startup Industry
 
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
 
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
 
Pitch Deck Teardown: Kinnect's $250k Angel deck
Pitch Deck Teardown: Kinnect's $250k Angel deckPitch Deck Teardown: Kinnect's $250k Angel deck
Pitch Deck Teardown: Kinnect's $250k Angel deck
 
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
The Most Inspiring Entrepreneurs to Follow in 2024.pdfThe Most Inspiring Entrepreneurs to Follow in 2024.pdf
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
 
一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理
一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理
一比一原版新西兰奥塔哥大学毕业证(otago毕业证)如何办理
 
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel ChartSatta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
 
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdfHOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
 

Blue Ocean Strategy - example of ICanPilot

  • 1. Blue Ocean Strategy Sailor’sLessons Log © iCanPilot 2010
  • 2. All markets head towards commodity status
  • 3. How do you differentiate in a meaningful way?
  • 5. PRICE ▼ It is time for a new track
  • 6. We know we have got to change something
  • 7. We need to transform our businesses
  • 8. NEW BUSINESS MODEL What is bigger: the risk of not changing or the fear of change?
  • 9. BLUE OCEAN STRATEGY BUSINESS MODEL INNOVATION DISRUPTIVE INNOVATION DESIGN THINKING LEAD USER RESEARCH CROWD SOURCING OUTCOME DRIVEN INNOVATION We are all looking for proven recipies & tools that we could apply with confidence
  • 10. BLUE OCEAN STRATEGY is the simultaneous pursuit of high value and low cost to create new market space. Source: Kim & Mauborgne
  • 11. 4 8 Visual Exploration - Reconstruct Market Boundaries 1 2 3 5 6 Visual Strategy Fair Create Series of “To Be” Strategy Canvases Mapping the Business Portfolio Visualize Current Strategy Understand Customer Experience Identify Non-customer Commonalities Four Actions Framework Six Paths Analysis 7 “As Is” Strategy Canvas Buyer Experience Cycle 3 Tiers of Non-customers “To Be” Strategy Canvas PMS Map 4 Actions 9 Visual Awakening Module 1 Visual Exploration Module II Milestone / Calibration Module III Visual Strategy Fair Module IV Final “To Be” Strategy Canvas “To Be” Strategy Canvas Field Work Visual Exploration Field Work Visual Awakening Field Work Visual strategy Creation Source: Kim & Mauborgne Visual Awakening Visual Exploration Visual Communication
  • 12. Tagline: The Speed of a planeattheprice & flexibilityof a car HIGH Southwest Average Airlines Car Transport LOW Price Frequent point-topoint departures Meals Seating class choices Lounges Hub connectivity Friendly service Speed Lesson #1. Visualize your current strategy on an AS IS Strategy Canvas
  • 13. Lesson #2. Stop focusing only on beating your competition
  • 14. Blue Ocean Strategy Create uncontested “market space” Ignore & make the competition irrelevant Create & capture new demand from a new customer base Red Ocean Strategy Compete in existing market space Benchmark to beat the competition Exploit existing demand with the existing customer base Source: Kim & Mauborgne, Blue Ocean Strategy
  • 15. How do we reconstruct the market boundaries? Source: Nintendo Wii Lesson #3. Look at the non-customers of your industry
  • 16. How do we reconstruct the market boundaries? Alternatives & substitutes Segments Chain of buyers Complementary products Emotional vs functional orientation Trends Lesson #4. Use six paths framework to reconstruct market boundaries
  • 17. Callaway Golf Look at alternatives.
  • 18. NovoNordisk Source: Novo Nordisk Look at the chain of buyers.
  • 19. Yellow Tail Lesson #5. Look at the buyer experience cycle.
  • 22. CUSTOMERS NON-CUSTOMERS Whatif we offeredthevalue of consulting to thosewhocan’taffordit?
  • 23. Whatmakespeoplehire a consultant vs. buy a book and do itthemselves?
  • 24.
  • 26.
  • 27. Ease of use
  • 28. Ability to reuse the processERRC Grid
  • 30. „It really feels like having Kay in the room with you” Barry Fleck Former client The result
  • 32. Every methodlets you see things differently
  • 33. Often when all is said and done, more is said than done.
  • 34. The value is in shared language and joint action

Editor's Notes

  1. We analyzedfactorsthatmakespeoplehire a consultantvs. buy a book and do itthemselves. (KayPlantes on this photo isactuallyour first expert,withwhom we developed a productthathelpsyouReinventYour Business Model http://www.icanpilot.com/ReinventYourBusinessModel).