Disruptive Innovations & Blue Ocean Strategy Final - BPlanExperts

BLUE OCEAN 4 ACTION FRAMEWORK To implement this strategy, you will need to follow the Four Actions Framework so you can define a new value curve for your business. The framework requires you to answer these key questions: ELIMINATE REDUCE RAISE CREATE Which factors that the industry has long competed on should be eliminated ? Which factors should be reduced well below the industry’s standard? Which factors should be raised well above the industry’s standard? Which factors should be created that the industry has never offered?