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Business Problems:
þ Difficulty of continuous growth in existing markets
Ded ocean
Ded ocean refers to a saturated market where there
is vicious competition, already crowded with people
providing the same type of services or producing the
same kind of goods.
Blue ocean
!lue oceans are untapped and uncontested
markets, which provide little or no competition
for anyone who would dive in, since the
markets are not crowded.
D !"
þ ompete in existing market space: current customers
þ !eat the competition: to gain share
þ Exploit existing demand
þ Make the value-cost-trade-off
þ Align the whole system of a firm͛s activities
with its strategic choice of differentiation or
low cost
! !"
þ reate uncontested market space
þ Make the competition irrelevant
þ reate and capture new demand
þ !reak the value-cost trade off ( create value
innovation)
þ Align the whole system of a fir/s activities in
pursuit of differentiation and low cost
ë
a.Strategy anvass
2. EDD frameworks
Strategy anvas
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Strategy anvas
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ompeting Factors
Strategy anvas
a.Strategy anvass
2. EDD frameworks
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a. Deduce factors well below the industry͛s
standard to avoid the mistake of over delivering
in order to beat the competition.
2. Eliminate factors that the industry takes fro
granted but adds no perceived value to
customers.
3. reate new sources of value that the industry
has never offered
4. Daise factors well above the industry͛s standard
so your customer won͛t have to make
compromises
EDD rid of Super Asia
Eliminate Deduce
Marketing puality
Daise reate
Design Energy Saving
Six Thinking Paths of
!l c str t gy
Look across alternative industries