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    BLUE OCEAN STRATEGY vs. BLUE OCEAN‐BUSINESS MODEL 
     Instantly Learn and Apply Best Practice Tools for Exponential Business Growth 
                                                 
                                        Dr. Rod King 
        Consultant & Trainer on Business Model Analysis, Design, and Innovation 
                                                 
                   rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 

                                                 
Blue Ocean Map (“One‐Page Blue Ocean Strategy” for Simply Mapping, Designing, Executing, and Monitoring a Blue Ocean Strategy) 

                               IDEAL BLUE OCEAN (FINAL RESULT)                          Fractal Market Segmentation of ………………………………………………………………………. 
                     

                ∞                                        

                                                                                
                                          BLUE OCEAN 
Revenue 




                                                                                
                                          Experience 

                                    Highly differentiated and
                               premium-priced/free business model




                                                                                
                                                            Blue Ocean Plan 
(+): DELIGHT 




                            
                                                                                                                                       RED OCEAN 
                                                                                                                                       Experience 

                                                                                                                                    Commoditized and
                                   Strategic 
                                                                                        Red Ocean Plan                           low-cost business model
                                   Choice 



                                                                                           (‐): PAIN  
                          (Uncontested Experience, Market Space, or New Category)                                                         No. of Competitors 


                                BOBM1.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
3 QUESTIONS FOR YOUR BLUE OCEAN‐BUSINESS MODEL 
 
    1.   WHERE ARE YOU AT THE MOMENT (IN THE INDUSTRY)? 
         ‐ Current Revenue: ……………………….…………………. 
         ‐ Current No. of Direct Competitors: ……………………….…………………. 
            
    2.   WHERE WOULD YOU LIKE TO BE (IN 1/2/3 YEARS)?  
         ‐ Future (Desired) Revenue: ……………………….…………………. 
         ‐ Future No. of Direct Competitors: ……………………….…………………. 
         ‐ Uncontested Customer Experience: ……………………….…………………………………. 
          
    3.   HOW WILL YOU GET TO THE BLUE OCEAN? 
         ‐ Design, Test, and Validate Blue Ocean Strategy 
         ‐ Design, Test, and Validate Blue Ocean‐Business Model 
         ‐ Implement and Monitor Blue Ocean Strategy as well as Blue Ocean‐Business 
           Model 
         ‐ Adapt Blue Ocean Strategy and Blue Ocean‐Business Model, as Necessary 
 

         BOBM1.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
BLUE OCEAN VOICE FOR “BLUE OCEAN STRATEGY BOOK” vs. “BLUE OCEAN‐BUSINESS MODEL” 

    A) QUESTIONS FOR DETERMINING CUSTOMER DELIGHT AND NEEDS                                           No. 1        Date: March 16, 2009 

Name of Product/Service/Facility: “Blue Ocean Strategy” book          Functionality: To present tools for creating a Blue Ocean Strategy 

Customer’s Intent: To develop a Blue Ocean‐Business Model             Business/Industry: Publishing/Business Education (Consulting)  

Focus of Customer Experience: Product/Service/Facility; Purchase/Delivery/Usage/Supplements/Maintenance/Disposal 

 

A1)       What do you like regarding the object (product/service/facility)? 

•    Compelling storytelling and presentation of cases illustrating use of the Blue Ocean Strategy. 
•    Metaphor that distinguishes Red and Blue Ocean companies as well as their market spaces. 
•    Blue Ocean Strategy move as more critical than static historical factors in explaining extraordinary success in business. 
•    Methodology for Blue Ocean Strategy that integrates tools for strategic marketing, branding, Value Innovation, and strategy execution. 
•    Focus of Blue Ocean Strategy on non‐customers and reconstruction of existing market boundaries. 

 

 

A2)       What would you need regarding the object (product/service/facility)? 

•    A Software Application/Manual for systematically using methodology or process for Blue Ocean Strategy. 
•    A Software Application/Manual for systematically developing Blue Ocean‐Business Models. 
•    Instructions for systematically developing tactics, action plans, and projects with a view to implementing Blue Ocean Strategy. 
•    Workflow for translating, executing, and monitoring a Blue Ocean Strategy as in the case of using the Balanced Scorecard. 
•    Applications/Examples of using the Blue Ocean Strategy in public sector and NGO projects such as in urban planning and social business. 

 
        BOBM2.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
    B) QUESTIONS FOR DETERMINING CUSTOMER PAIN AND DISSATISFACTION 
B1)        What DON’T you like regarding the object (product/service/facility)? 

    •   The Blue Ocean Strategy book is not easy to fully understand. A Blue Ocean Strategy cannot immediately be developed. No procedure is 
        described for recognizing, selecting, and ‘weighing’ the importance of factors or dimensions on the Strategy Canvas. There is no 
        distinction between factors of customer delight and factors of customer pain. Also, there is no systematic procedure or tactics for 
        eliminating emerging trade‐offs on the Strategy Canvas. Further, the Four Actions Framework (Eliminate‐Reduce‐Raise‐Create) is not 
        linked to a process such as brainstorming for generating and evaluating more specific ideas, initiatives, and targets/success criteria. 
    •   Reading the whole book of 216 pages takes an inordinate amount of time. 
    •   The Blue Ocean Strategy is targeted at the private sector. The framework in the book does not facilitate application of Blue Ocean 
        Strategy to public sector projects. In particular, Blue Ocean Strategy is not presented as a methodology for creative problem solving 
        and innovation. 
    •   The book largely consists of text; very little graphics. 
    •   The Blue Ocean Strategy book is not ubiquitously available. 
    •    The book costs US$27.95 (rather expensive!). 

 

B2)        What DON’T you need regarding the object (product/service/facility)? 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

                                  



            BOBM2.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
BENCHMARKING OF VOICE                                                                               No………         Date: March 16, 2009 

     Name of Product/Service/Facility: BOS book/Blue Ocean‐Bus. Model Functionality: To quickly develop business models 

     Customer’s Intent: To develop a Blue Ocean‐Business Model              Business/Industry: Publishing/Business Education (Consulting)  

     Focus of Customer Experience: Product/Service/Facility; Purchase/Delivery/Usage/Supplements/Maintenance/Disposal 

     A) CUSTOMER DELIGHT AND NEEDS 

Item  List below what you like or would need                    Level of Importance    Score for DELIGHT or NEED for Product/Service/Facility  
      regarding the Object: Product/Service/Facility            or Weight              (1‐10) 1: Low; 10: High 
                                                                (1‐10)                 Blue Ocean  Low‐end        Average      “Blue Ocean 
                                                                1: Low; 10: High       Bus. Model Alternative  Alternative  Strategy” book 
1        Simplicity (How simple to read and immediately         9                      8                                       2 
         use?) 
2        Speed (How fast to read and digest?)                   9                      8                                          2 
3        Versatility (Application to many other situations?)    7                      9                                          5 
4        Visuals (What percentage of illustrations?)            8                      7                                          4 
5        Accessibility (Is it available everywhere on 24x7?)    10                     8                                          3 
6                                                                                                                                  
7                                                                                                                                  
8                                                                                                                                  
9                                                                                                                                  
10                                                                                                                                 
11                                                                                                                                 
12                                                                                                                                 
13                                                                                                                                 
14                                                                                                                                 
15                                                                                                                                 
16                                                                                                                                 
17                                                                                                                                 
18                                                                                                                                 
19                                                                                                                                 
20                                                                                                                                 
             BOBM2.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
B) CUSTOMER PAIN AND DISSATISFACTION 

Item  List below what you DON’T like or would NOT          Level of Importance     Score for PAIN or DISSATISFACTION for Product/ 
      need regarding the Object: Product/Service/          or Weight               Service/Facility (1‐10) 1: Low; 10: High 
      Facility                                              (1‐10)                 Blue Ocean  Low‐end           Average     “Blue Ocean 
                                                           1: Low; 10: High        Bus. Model Alternative  Alternative  Strategy” book 
1     Price (How expensive?)                               10                      1                                         8 
2                                                                                                                             
3                                                                                                                             
4                                                                                                                             
5                                                                                                                             
6                                                                                                                             
7                                                                                                                             
8                                                                                                                             
9                                                                                                                             
10                                                                                                                            
11                                                                                                                            
12                                                                                                                            
13                                                                                                                            
14                                                                                                                            
15                                                                                                                            
16                                                                                                                            
17                                                                                                                            
18                                                                                                                            
19                                                                                                                            
20                                                                                                                            
     

     

     

                                  


             BOBM2.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
RADIAL STRATEGY CANVAS (CUSTOMER EXPERIENCE CURVE) FOR “BLUE OCEAN STRATEGY” BOOK vs. BLUE OCEAN‐BUSINESS MODEL 


                                                               Price
                                                          10
                                                           8
                                                           6
                Accessibility                                                                   Simplicity
                                                           4
                                                           2
                                                           0



                        Visuals                                                                 Speed




                                                          Versatility
                   quot;Blue Ocean Strategyquot; book                            Blue Ocean‐Business Model
                                                                                                                                     
                             


     BOBM3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
Template for Blue Ocean Actions 

 

 
    A1)   SATISFIERS (+)                                                                                                  A2)   DELIGHTERS (+) 
 
    Core strengths/features/requirements                                                                                  Breakthrough opportunities/features 

    Action: Raise                                                                                                         Action: Create                                                     
    * Differentiation/Novelty/Uniqueness                                                                                  * Value/Functionality: Visual (iPhone) App for 
    * Visuals              * Accessibility (24x7)                                                                         Blue Ocean Map and Business Models                   
    * Integration/Connections/Collaboration                                                                               * Versatility: Private and Public Projects; NGO


                                                                                                                                 
                                                                               BLUE OCEAN ACTIONS:        
                                                                          Template for Organizing Responses to             
                                                                                Questions for Creating                 
                                                                                                                           
                                                                           Uncontested Customer Experiences      
                                                                             PRODUCT/SERVICE/FACILITY:         
                                                                          BLUE OCEAN‐BUSINESS MODEL 

    B1)   DISSATISFIERS (‐)                                                                                               B2)   WASTERS (‐) 

    Basic weaknesses/features/needs                                                                                       ‘Threats’ or overshot or wasteful features 

    Action: Reduce                                                                                                        Action: Eliminate                                                
    * Complexity/Information Overload                                                                                     * Price 
    * Time for Reading  
                                                                                                                           




                  BOBM4. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
Blue Ocean Dashboard for Blue Ocean‐Business Model Project                                                                        Date: March 16, 2009 

          Name of Product/Service/Facility: Blue Ocean‐Business Model                              Functionality: To visually develop Blue Ocean‐Business Models 

          Customer Value Proposition: “Blue Ocean‐Business Models in No Time”  Business/Industry: Publishing/Business Education (Consulting)  

          Goal/Objective: To create an uncontested customer experience, acquire massive amount of customers, and make the competition irrelevant 

BUSINESS SYSTEM           Description                 Performance Objectives: 2010                  Blue Ocean Actions (Customer Experience Quotient)         Initiatives/ 
(“SEMPORCE”)              of Best Current/                                                                                                                    Projects 
                                                    Cost (‐)    Revenue (+)    Other           Raise      Create          Reduce          Eliminate  Other 
ELEMENTS                  Future Resources 
                                                    ($)         ($)            Criteria        (+)        (+)             (‐)             (‐) 
                          Online community                                                                 
S: Suppliers/Materials 
                          Facilitators/IP on                                   Producti‐vity               
E: Employees/Know‐
                          Business Models 
ledge Assets/Culture 
                          Computers/Online                                                                 
M: Machinery/ 
                          Library of Bus. Models 
Equipment/Facility 
                          Open collaboration/                                  Defects: Six                
P: Processes/ 
                          innovation/marketing                                 Sigma 
Activities 
                          Blue Ocean Map/                       Freemium       Delight/        Novelty    Functionality   Complexity      Price
O: Outputs 
                          Model/iPhone App                      Pricing        Defects         Visuals    Versatility     Reading time 
‐      Product 
                          Talks/Training/                       Hourly fees    Delight/                    
‐ Service 
                          Consulting/Licensing                  Royalties      Defects 
                          SN‐Internet/Word‐of‐                                                             
R: Retailers/ 
                          mouth/Volunteers 
Distributors/Channels 
                          Visual planners/entre‐                               Delight/                    
C: Customers/ 
                          preneurs/startups                                    Pain 
Consumers 
                          Virtual/Physical                                                                 
E: Environment 
                          Blue Ocean Strategy                                                              
‐ Competitors 
                          (BOS) Book/Trainers 
                          Users of BOS book                                                                
‐ Non‐customers 
                          Bus. Planners/NGOs                                                               
‐ Partners 
                          Dr. Rod King                                         ROI                         
‐ Investors 
                          Online/Global                                                                    
‐ Community/Gov. 
                                                                                               •
BUSINESS MODEL:                                                                Business                                                                       Blue Ocean 
                                                                                                     “Fremium” Business Model 
                                                                                               •
(How does the organization work to deliver its                                 Experience                                                                     Program 
                                                                                                     Open Business Model Innovation/Collaboration 
                                                ROI (%): 
value proposition to customers & investors?)                                   Quotient 
                                             
                    BOBM5.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
S   O

              W   T

          Impact (SOWT) Analysis Dashboard for Blue Ocean‐Business Model Project                                                               Date: March 16, 2009 

          Name of Product/Service/Facility: Blue Ocean‐Business Model                             Functionality: To visually develop Blue Ocean‐Business Models 

          Customer Value Proposition: “Blue Ocean‐Business Models in No Time”  Business/Industry: Publishing/Business Education (Consulting)  

          Goal/Objective: To create an uncontested customer experience, acquire massive amount of customers, and make the competition irrelevant 

BUSINESS SYSTEM           Description                 Performance Objectives: 2010                   IMPACTS: Strengths, Opportunities, Weaknesses, and Threats 
(“SEMPORCE”)              of Best Current/ 
                                                    Cost: ‐  Revenue: +  Other                S: Strengths         O: Opportunities       W: Weaknesses          T: Threats 
ELEMENTS                  Future Resources 
                                                    ($)      ($)         Criteria             (+)                  (+)                    (‐)                    (‐) 
                          Online community 
S: Suppliers/Materials 
                          Facilitators/IP on                              Productivity
E: Employees/Know‐
                          Business Models                                 Innovation 
ledge Assets/Culture 
                          Computers/Online 
M: Machinery/ 
                          Library of Bus. Models 
Equipment/Facility 
                          Open collaboration/                             Defects: Six 
P: Processes/ 
                          innovation/marketing                            Sigma 
Activities 
                          Blue Ocean Map/                   Freemium      Delight/            Simple to use;Free   Use by SMEs and        Sparse notes;          Unauthorized use 
O: Outputs 
                          Model/iPhone App                  Pricing       Defects             Comprehensive        entrepreneurs          focus is on visuals    in training 
‐      Product 
                          Talks/Training/                   Hourly fees   Delight/ 
‐ Service 
                          Consulting/Licensing              Royalties     Defects 
                          SN‐Internet/Word‐of‐
R: Retailers/ 
                          mouth/Volunteers 
Distributors/Channels 
                          Visual planners/entre‐                          Delight/Pain
C: Customers/ 
                          preneurs/startups 
Consumers 
                          Virtual/Physical 
E: Environment 
                          Blue Ocean Strategy 
‐ Competitors 
                          (BOS) Book/Trainers 
                          Users of BOS book 
‐ Non‐customers 
                          Bus. Planners/NGOs 
‐ Partners 
                          Dr. Rod King                                    ROI
‐ Investors 
                          Online/Global 
‐ Community/Gov. 
BUSINESS MODEL:                                                           Business 
(How does the organization work to deliver its                            Experience 
                                                ROI (%): 
value proposition to customers & investors?)                              Quotient 
                                             
                      BOBM5.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
4 PERSPECTIVES AND QUESTIONS FOR BALANCING A 
    BLUE OCEAN DASHBOARD 
        
    1.     INVESTOR PERSPECTIVE 
             ‐ HOW WILL THE BUSINESS MAKE MORE MONEY (EXTRAORDINARY PROFIT)? 
                
    2.     CUSTOMER PERSPECTIVE  
             ‐ HOW WILL CUSTOMERS EXPERIENCE THE GREATEST DELIGHT AND LEAST PAIN? 
              
    3.     PROCESS PERSPECTIVE 
             ‐ WHAT PROCESSES AND STRATEGIES WILL GENERATE EXTRAORDINARY PROFIT AS 
               WELL AS DELIVER ITS VALUE PROPOSITION TO CUSTOMERS/CONSUMERS? 
                
    4.       EMPLOYEE PERSPECTIVE 
             ‐ WHAT ATTRIBUTES, SKILLS, COMPETENCES, RESOURCES, AND OUTPUTS 
               SHOULD EMPLOYEES HAVE IN ORDER TO SUSTAIN A WORKFLOW AND 
               CULTURE THAT DELIVER EXTRAORDINARY VALUE TO CUSTOMERS AND 
               INVESTORS? 
                            
       BOBM5.31. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
Evolution of Business Management Concepts and Tools That Explain Extraordinary Growth and Profitability of Businesses 

               
               
               
                                          BUSINESS MANAGEMENT                                            “BLUE OCEAN‐BUSINESS 


                                                                                                                                                            ?
                                                                                                         MODELS” 
                                          CONCEPTS, THEORIES, AND 
                  Environment             TOOLS 
                (Supersystem)   
               
               
                                                                                                           “BLUE OCEAN STRATEGY”
                                                                                                                                              “BLUE OCEAN‐BUSINESS 
                                                                                                                                              MODELS” 
                                          “BUILT TO LAST” 
               
SPACE           System                    “IN SEARCH OF EXCELLENCE” 
                  (Product) 
               
               
                                                                                                         Concepts, tools, and strategic       Visual concepts and tools for 
                                          Highly successful habits or factors
                                                                                                         moves for explaining extra‐          mapping, designing, executing, 
                                          of companies that display extra‐
               
                                                                                                         ordinary business success as well    and monitoring the performance 
                                          ordinary growth, profitability, and 
              Elements  
                                                                                                         as executing a Blue Ocean            of Blue Ocean Strategy as well as 
                                          longevity  
                                                                                                         Strategy                             Blue Ocean‐Business Models 
               
               
                                                                    Past                                             Present                               Future  
                     INITIAL IDEA 
                                            
                     (“SEED”)  
                                                                                                                         TIME    




                        BOBM8.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
                    BOBM5.3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
                    BOBM8.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
 

 

 

 

 

 

 




         
 

 

     
Portfolio of Tools for Developing Blue Ocean‐Business Models 

 

 
    1) Blue Ocean Map &                       2)    Blue Ocean Voice &           3)    Radial Strategy Canvas (Customer 
                                                                                 Experience Curve) 
    3 Questions for Your Blue Ocean‐          Benchmarking of Voice 
    Business Model 
                                               
                                  
                                               



    4)     Blue Ocean Actions                                                    5)    Blue Ocean Dashboard, Impact 
                                                                                 (SOWT) Analysis Dashboard, & 4 
                                                  BLUE OCEAN‐BUSINESS MODEL      Perspectives and Questions for 
                                                    TOOLS FOR EXPONENTIAL        Balancing a Blue Ocean Dashboard 
                                                       BUSINESS GROWTH            




    6)    Zoomable Blue Ocean                 7)    TOMCAT (Trade‐Off Matrix)    8)    Template of Classic Zoomable 
    Dashboard, Business Model Cost‐                                              Page & Template of System Evolution 
    streams and Workflow, & Business 
                                                                                  
    Model Revenue‐streams 

     
Blue Ocean Map (“One‐Page Blue Ocean Strategy” for Simply Mapping, Designing, Executing, and Monitoring a Blue Ocean Strategy) 

                               IDEAL BLUE OCEAN (FINAL RESULT) 
                                                                                          Fractal Market Segmentation of ………………………………………………………………………. 

                ∞                                       

                                                                                
Revenue 




                                                                                
                                           BLUE OCEAN 
                                           Experience 

                                    Highly differentiated and
                               premium-priced/free business model




                                                                                
                                                            Blue Ocean Plan 
(+): DELIGHT 




                            

                                                                                                                                        RED OCEAN 
                                                                                                                                        Experience 

                                                                                                                                    Commoditized and
                                    Strategic 
                                                                                        Red Ocean Plan                           low-cost business model
                                    Choice 




                                                                                           (‐): PAIN  
                          (Uncontested Experience, Market Space, or New Category)                                                         No. of Competitors 


                                BOBM1.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
3 QUESTIONS FOR YOUR BLUE OCEAN‐BUSINESS MODEL 
         
     1.     WHERE ARE YOU AT THE MOMENT (IN THE INDUSTRY)? 
            ‐ Current Revenue: ……………………….…………………. 
            ‐ Current No. of Direct Competitors: …………………………………………. 
               
     2.     WHERE WOULD YOU LIKE TO BE (IN 1/2/3 YEARS)?  
            ‐ Future (Desired) Revenue: …………………….……………………. 
            ‐ Future No. of Direct Competitors: …………………………………………. 
            ‐ Uncontested Customer Experience: ……………………….…………………………………. 
             
     3.     HOW WILL YOU GET TO THE BLUE OCEAN? 
            ‐ Design, Test, and Validate Blue Ocean Strategy 
            ‐ Design, Test, and Validate Blue Ocean‐Business Model 
            ‐ Implement and Monitor Blue Ocean Strategy as well as Blue Ocean‐Business 
              Model 
            ‐ Adapt Blue Ocean Strategy and Blue Ocean‐Business Model, as Necessary 
                              


         BOBM1.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
BLUE OCEAN VOICE 

A) QUESTIONS FOR DETERMINING CUSTOMER DELIGHT AND NEEDS                                            No………        Date: …….…………….…….….. 

Name of Product/Service/Facility: ……………………………………………………………… Functionality: ……………….………………….…………….…..…………………… 

Customer’s Intent: ……………..……………………………………….…………………..……...…  Business/Industry: ………………..........…………………..…….…………….. 

Focus of Customer Experience: Product/Service/Facility; Purchase/Delivery/Usage/Supplements/Maintenance/Disposal 

 

A1)       What do you like regarding the object (product/service/facility)? 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

A2)       What would you need regarding the object (product/service/facility)? 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

B) QUESTIONS FOR DETERMINING CUSTOMER PAIN AND DISSATISFACTION 
     BOBM2.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
 

B1)     What DON’T you like regarding the object (product/service/facility)? 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

     

 

B2)     What DON’T you need regarding the object (product/service/facility)? 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

………………………………………………………….……………………………………………………………………………………………..…………………………………………………………….. 

 

                               


        BOBM2.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
BENCHMARKING OF VOICE (VOICE OF INDEPENDENT CUSTOMER EXPERIENCE)                                       No………        Date: …….…………….………….. 

      Name of Product/Service/Facility: ……………………………………………………………… Functionality: ……………….………………….…………….…..…………………… 

      Customer’s Intent: ……………..……………………………………….…………………..……...…  Business/Industry: …………………………………..…….……………….…….. 

      Focus of Customer Experience: Product/Service/Facility; Purchase/Delivery/Usage/Supplements/Maintenance/Disposal 

      A) CUSTOMER DELIGHT AND NEEDS 

Item  List below what you like or would need regarding           Level of Importance     Score for DELIGHT or NEED for Product/Service/Facility  
      the Object: Product/Service/Facility                       or Weight               (1‐10) 1: Low; 10: High 
                                                                 (1‐10)                  Given         Low‐end      Average      High‐end 
                                                                 1: Low; 10: High        Object        Alternative  Alternative  Alternative 
1                                                                                                                                 
2                                                                                                                                 
3                                                                                                                                 
4                                                                                                                                 
5                                                                                                                                 
6                                                                                                                                 
7                                                                                                                                 
8                                                                                                                                 
9                                                                                                                                 
10                                                                                                                                
11                                                                                                                                
12                                                                                                                                
13                                                                                                                                
14                                                                                                                                
15                                                                                                                                
16                                                                                                                                
17                                                                                                                                
18                                                                                                                                
19                                                                                                                                
20                                                                                                                                
          
             BOBM2.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
B) CUSTOMER PAIN AND DISSATISFACTION 

Item  List below what you DON’T like or would               Level of Importance     Score for PAIN or DISSATISFACTION for Product/ 
       NOT need regarding the Object: Product/Service/      or Weight               Service/Facility (1‐10) 1: Low; 10: High 
       Facility                                              (1‐10)                 Given         Low‐end         Average     High‐end 
                                                            1: Low; 10: High        Object        Alternative  Alternative  Alternative 
1                                                                                                                              
2                                                                                                                              
3                                                                                                                              
4                                                                                                                              
5                                                                                                                              
6                                                                                                                              
7                                                                                                                              
8                                                                                                                              
9                                                                                                                              
10                                                                                                                             
11                                                                                                                             
12                                                                                                                             
13                                                                                                                             
14                                                                                                                             
15                                                                                                                             
16                                                                                                                             
17                                                                                                                             
18                                                                                                                             
19                                                                                                                             
20                                                                                                                             
      

      

                                   



         BOBM2.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
RADIAL STRATEGY CANVAS (CUSTOMER EXPERIENCE CURVE) FOR …………………………………………….……………………………………………………… 

 


                                                          Pain 1
                                                        10
                                                          8
                                                          6
                    Delight 5                                                                  Delight 1
                                                          4
                                                          2
                                                          0



                    Delight 4                                                                  Delight 2




                                                         Delight 3
                                         Worst Product                 Ideal Product
                                                                                                                                        

        BOBM3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
Template for Blue Ocean Actions 

 

 
    A1)   SATISFIERS (+)                                                                           A2)   DELIGHTERS (+) 
 
    Core strengths/features/requirements                                                           Breakthrough opportunities/features 
                                
    Action: Raise                                                                                  Action: Create 

                                                                                                    
     




                                                                                                        
                                                        BLUE OCEAN ACTIONS:        
                                                   Template for Organizing Responses to             
                                                         Questions for Creating                 
                                                                                                    
                                                    Uncontested Customer Experiences      
                                                      PRODUCT/SERVICE/FACILITY: 



    B1)   DISSATISFIERS (‐)                                                                        B2)   WASTERS (‐) 

    Basic weaknesses/features/needs                                                                ‘Threats’ or overshot or wasteful features 

    Action: Reduce                                                                                 Action: Eliminate 

                                                                                                    




        BOBM4. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
Blue Ocean Dashboard for ………………………………………………………………………………………….                                                        Date: ………………………………. 

         Name of Product/Service/Facility: ……………………………..……………………..                         Functionality: …………………………………………………………………….… 

         Customer Value Proposition: …………………………………………………………………….    Business/Industry: ………………..........…………………..….…………….. 

         Goal/Objective: ……………………………………………………………………………………………………………………………………………………………………………………………. 

BUSINESS SYSTEM         Description              Performance Objectives: 20……            Blue Ocean Actions (Customer Experience Quotient)    Initiatives/ 
(“SEMPORCE”)            of Best Current/                                                                                                      Projects 
                                               Cost: ‐    Revenue: +    Other         Raise    Create    Reduce         Eliminate    Other 
ELEMENTS                Future Resources 
                                               ($)        ($)           Criteria      (+)      (+)       (‐)            (‐) 
S: Suppliers/Materials                                                                          
                                                                                                
E: Employees/Know‐
ledge Assets/Culture 
                                                                                                
M: Machinery/ 
Equipment/Facility 
                                                                                                
P: Processes/ 
Activities 
                                                                                                
O: Outputs 
‐      Product 
                                                                                                
‐ Service 
                                                                                                
R: Retailers/ 
Distributors/Channels 
                                                                                                
C: Customers/ 
Consumers 
                                                                                                
E: Environment 
                                                                                                
‐ Competitors 
                                                                                                
‐ Non‐customers 
                                                                                                
‐ Partners 
                                                                                                
‐ Investors 
‐ Community/Gov.                                                                                
BUSINESS MODEL:                                                         Business      IDEAL BLUE OCEAN STRATEGY (How to create an uncon‐      Blue Ocean 
(How does the organization work to deliver its                          Experience    tested customer experience and uncontested business     Program 
                                                ROI (%): 
value proposition to customers & investos?)                             Quotient      model as well as make the competition irrelevant?) 
                                          
                    BOBM5.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
S   O

             W   T

         Impact (SOWT) Analysis Dashboard for ……………………………………………………………………………….                                                     Date: ………………………………. 

         Name of Product/Service/Facility: ……………………………..……………………..                          Functionality: …………………………………………………………………….… 

         Customer Value Proposition: …………………………………………………………………….    Business/Industry: ………………..........…………………..….…………….. 

         Goal/Objective: ……………………………………………………………………………………………………………………………………………………….…………………..………………. 

BUSINESS SYSTEM          Description             Performance Objectives: 20……               IMPACTS: Strengths, Opportunities, Weaknesses, and Threats 
(“SEMPORCE”)             of Best Current/ 
                                               Cost: ‐    Revenue: +    Other         S: Strengths    O: Opportunities        W: Weaknesses    T: Threats 
ELEMENTS                 Future Resources 
                                               ($)        ($)           Criteria      (+)             (+)                     (‐)              (‐) 
S: Suppliers/Materials   
                           
E: Employees/Know‐
ledge Assets/Culture 
                           
M: Machinery/ 
Equipment/Facility 
                           
P: Processes/ 
Activities 
                           
O: Outputs 
‐      Product 
                           
‐ Service 
        
                           
R: Retailers/ 
Distributors/Channels 
                           
C: Customers/ 
Consumers 
                           
E: Environment 
                           
‐ Competitors 
                           
‐ Non‐customers 
                           
‐ Partners 
                           
‐ Investors 
‐ Community/Gov.   
BUSINESS MODEL:                                                         Business 
(How does the organization work to deliver its                          Experience 
                                                ROI (%): 
value proposition to customers & investors?)                            Quotient 
                                          
                     BOBM5.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
                       BOBM5.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
4 PERSPECTIVES AND QUESTIONS FOR BALANCING A 
BLUE OCEAN DASHBOARD 
    1.     INVESTOR PERSPECTIVE 
             ‐ HOW WILL THE BUSINESS MAKE MORE MONEY (EXTRAORDINARY PROFIT)? 
                
    2.     CUSTOMER PERSPECTIVE  
             ‐ HOW WILL CUSTOMERS EXPERIENCE THE GREATEST DELIGHT AND LEAST PAIN? 
              
    3.     PROCESS PERSPECTIVE 
             ‐ WHAT PROCESSES AND STRATEGIES WILL GENERATE EXTRAORDINARY PROFIT AS 
               WELL AS DELIVER ITS VALUE PROPOSITION TO CUSTOMERS/CONSUMERS? 
                
    4.       EMPLOYEE PERSPECTIVE 
             ‐ WHAT ATTRIBUTES, SKILLS, COMPETENCES, RESOURCES, AND OUTPUTS 
               SHOULD EMPLOYEES HAVE IN ORDER TO SUSTAIN A WORKFLOW AND 
               CULTURE THAT DELIVER EXTRAORDINARY VALUE TO CUSTOMERS AND 
               INVESTORS? 
                            
       BOBM5.31. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
Template for 4 Perspectives and Questions for Balancing a Blue Ocean Dashboard 

 

 
    INVESTOR PERSPECTIVE                                                                             EMPLOYEE PERSPECTIVE 
 
    •                                                                                                •
                                                   
        How will the business make more                                                                  What attributes, skills, resources, and 
                                
        money (extraordinary profit)?                                                                    outputs should employees have in 
                                                                                                         order to sustain a workflow and 
                                                                                                         culture that deliver extraordinary 
                                                                                                         value to customers and investors? 
     


                                                                                                      
                                                                                                  
                                                         4 PERSPECTIVES AND                           
                                                      QUESTIONS FOR BALANCING    
                                                                                                      
                                                      A BLUE OCEAN DASHBOARD 
                                                                          



    CUSTOMER PERSPECTIVE                                                                             PROCESS PERSPECTIVE 

    •                                                                                                •
        How will customers experience the                                                                What processes and strategies will 
        greatest delight and least pain?                                                                 generate extraordinary profit as well 
                                                                                                         as deliver its value proposition to 
                                                                                                         customers/consumers? 




           BOBM5.32. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
            BOBM8.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
            BOBM6.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
        BOBM5.3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
           BOBM5.3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
Template for Zoomable Blue Ocean Dashboard 

 

 
    S: SUPPLIERS/MATERIALS                        E: EMPLOYEES/KNOWLEDGE ASSETS/                    M: MACHINERY/EQUIPMENT/       
                                                                                                    FACILITY 
                                                  CULTURE 

                                                   




    E: ENVIRONMENT                                                                                  P: PROCESSES/STRATEGIES 
                                                        BUSINESS MODEL (20…….)        
    •                                                                                               •
        Competitors                                                                                     Brand/PR/Marketing Strategy 
                                                          [Uncontested Customer Experience/  
    •                                                                                               •
        Non‐customers/Non‐consumers                                                                     Revenue‐generating Strategy 
                                                      Customer Value Proposition/Business Goal 
    •                                                                                               •
        Partners                                                                                        Cost‐reduction Strategy 
                                                        (“BHAG”)/Strategic Intent/Vision/Ideal 
    •                                                                                               •
                                                       Solution/Revenue, Cost, Profit, and ROI]: 
        Investors                                                                                       Value Innovation (Trade‐off) Strategy 
    •                                                                                               •
        Gov./Community/Society/Env.                                                                     Competitive Advantage Strategy 


    C: CUSTOMERS/CONSUMERS                        R: RETAILERS/DISTRIBUTORS/                        O: OUTPUTS/PRODUCT/SERVICE 
                                                  CHANNELS/INTERFACE 
                                                                                                     
                                                   




            BOBM8.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
            BOBM6.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
        BOBM5.3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
           BOBM5.3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
Template for Business Model Cost‐streams and Workflow
Template for Business Model Cost‐streams and Workflow 

 

                                                                                     
    S: SUPPLIERS/MATERIALS                       E: EMPLOYEES/KNOWLEDGE ASSETS/                M: MACHINERY/EQUIPMENT/     
                                                                                               FACILITY 
                                                 CULTURE 

                                                  




    E: ENVIRONMENT                                                                             P: PROCESSES/STRATEGIES 
                                                     BUSINESS MODEL (20…….)        
    •                                                                                          •
        Competitors                                                                                Procurement; HR Mngt; Operations 
                                                      COST‐STREAMS/WORKFLOW: 
    •                                                                                          •
        Non‐customers/Non‐consumers                                                                Technology/R & D/Innovn/Production 
    •                                                                                          •
        Partners                                                                                   Marketing/Branding/PR/Sales 
    •                                                                                          •
        Investors                                                                                  Distribution/Logistics/Partnering 
    •                                                                                          •
        Gov./Community/Society/Env.                                                                Customer Service (Relationship Mngt) 


    C: CUSTOMERS/CONSUMERS                       R: RETAILERS/DISTRIBUTORS/                    O: OUTPUTS/PRODUCT/SERVICE 
                                                 CHANNELS/INTERFACE 
                                                                                                
                                                  




            BOBM6.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
Template for Business Model Revenue‐streams
Template for Business Model Revenue‐streams 

 

 
    S: SUPPLIERS/MATERIALS                       E: EMPLOYEES/KNOWLEDGE ASSETS/                M: MACHINERY/EQUIPMENT/     
                                                                                               FACILITY 
                                                 CULTURE 

                                                  




    E: ENVIRONMENT                                                                             P: PROCESSES/STRATEGIES 
                                                      BUSINESS MODEL (20…….)        
    •                                                                                          •
        Competitors                                                                                Sale of Product/Service/Information 
                                                     POSSIBLE SOURCES OF REVENUE: 
    •                                                                                          •
        Non‐customers/Non‐consumers                                                                Subscription/Membership/Sale of Biz 
    •                                                                                          •
        Partners                                                                                   Transaction/Commission Fees 
    •                                                                                          •
        Investors                                                                                  Advertising/Affiliate/Partner Fees 
    •                                                                                          •
        Gov./Community/Society/Env.                                                                Licensing/Syndication/Sponsorship 


    C: CUSTOMERS/CONSUMERS                       R: RETAILERS/DISTRIBUTORS/                    O: OUTPUTS/PRODUCT/SERVICE 
                                                 CHANNELS/INTERFACE 
                                                                                                
                                                  




            BOBM6.3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
TOMCAT (Trade‐Off Matrix of Customer Aspirations And Troubles): How to Quickly Organize and Document Blue Ocean‐Business Models as 
      well as Determine (Non‐)Customer Trade‐offs, Value Propositions, Business Opportunities, Strategies, and Design/Brainstorming Objectives  

      Customer’s Intent/Job: ……………..……………………………………….…………………..……...…  (Non‐)Customers/Industry: ……………….…………………….…….. 

      Focus of (Non‐)Customer: Product/Service/Facility; Purchase/Delivery/Usage/Supplements/Maintenance/Disposal 

      Breakthrough Question: HOW TO MAKE (THE PRODUCT/ENTERPRISE/INDUSTRY OF) ……………..……………......……….…….....………  IRRELEVANT? 

(Non‐)Customer Needs            (‐)      1       2          3             4            5         6          7         8             9           10 
                                         Cost    Mainten‐   Time          Defects/     Weight/  Effort/     Staff     Complexity/  Rigidity/    Pain/ 
                     Reduce/Eliminate 
                                                 ance/      (Delivery/    Complaints/   Size/   Friction/   Depend‐   Information  Inaccess‐    Barriers/  
     (Relative to Industry Standard) 
 
                                                 Upgrade    Aging)        Waste        Tool     Energy      ency      Overload     ibility      Pollution 
(+)  Raise/Create 
                                          
     Value/Functionality 
1                                                                                                                                                
     Quality/Automation 
2                                                                                                                                                
     Performance/Productivity 
3                                                                                                                                                
     Differentiation/Novelty/ 
4                                                                                                                                                
       Uniqueness/Form/Fractality 
       Speed/Agility 
5                                                                                                                                                
       Aesthetics/Visual Appeal/Color 
6                                                                                                                                                
       Ease of Use/Simplicity 
7                                                                                                                                                
       Convenience of Use 
8                                                                                                                                                
       Customer Service/Support 
9                                                                                                                                                
       Fun/Entertainment/Adventure 
10                                                                                                                                               
       Star Performers/Celebrities 
11                                                                                                                                               
       Prestige/Legacy/Amenities 
12                                                                                                                                               
       Wide Choice/Versatility 
13                                                                                                                                               
       Hygiene/Cleanliness 
14                                                                                                                                               
       Integration/Connectivity 
15                                                                                                                                               
       Power/Strength/Wisdom 
16                                                                                                                                               
       Accuracy/Reliability 
17                                                                                                                                               
       Security/Safety/Health 
18                                                                                                                                               
       Collaboration/Communication 
19                                                                                                                                               
       Customization/Personalization 
20                                                                                                                                               
                    BOBM7. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
Template for a Classic Zoomable Page 

 

 
                                                 
 
                                                 
                              
                                                 




                                                                                                
                                                  

                                                                                                




     




         BOBM8.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
Template for Illustrating Evolution of a System 
               
               
               
               
                  Environment  
                (Supersystem)   
               
               
                                                                                                          
               
                                                                                                             PRESENT SYSTEM: 
                System  
SPACE  
               
               
               
               
              Elements  
               
               
               
                                                            Past                                                 Present        Future  
                     INITIAL IDEA 
           
                     (“SEED”)  
                                                                                                                    TIME    
                                               
           




                     BOBM8.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
 
    REFERENCES 
    1.     Kaplan, R.S.; Norton, D.P. (1996) The Balanced Scorecard. Boston: 
           Harvard Business School (HBS) Press. 
    2.     Kaplan, R.S.; Norton, D.P. (2008) The Execution Premium. Boston: 
           Harvard Business School (HBS) Press.  
    3.     Kim, W.C.; Mauborgne, R. (2005) Blue Ocean Strategy. Boston: 
           Harvard Business School (HBS) Press. 
    4.     King, R. (2009) The Infinitely Zoomable Page: The Ideal Tool for 
           Business Model Thinking, Design, and Innovation. Fresno: Ideal‐
           Solution Management. 
                                                  
                                         Dr. Rod King 
         Consultant & Trainer on Business Model Analysis, Design, and Innovation 
                    rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 

                                                  

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BLUE OCEAN STRATEGY vs. BLUE OCEAN-BUSINESS MODELS: Instantly Learn and Apply Best Practice Tools for Exponential Business Growth

  • 1.           BLUE OCEAN STRATEGY vs. BLUE OCEAN‐BUSINESS MODEL  Instantly Learn and Apply Best Practice Tools for Exponential Business Growth    Dr. Rod King  Consultant & Trainer on Business Model Analysis, Design, and Innovation    rodkuhnking@sbcglobal.net & http://businessmodels.ning.com   
  • 2. Blue Ocean Map (“One‐Page Blue Ocean Strategy” for Simply Mapping, Designing, Executing, and Monitoring a Blue Ocean Strategy)  IDEAL BLUE OCEAN (FINAL RESULT)  Fractal Market Segmentation of ……………………………………………………………………….    ∞          BLUE OCEAN  Revenue    Experience  Highly differentiated and premium-priced/free business model     Blue Ocean Plan  (+): DELIGHT    RED OCEAN  Experience  Commoditized and Strategic  Red Ocean Plan   low-cost business model Choice  (‐): PAIN    (Uncontested Experience, Market Space, or New Category)   No. of Competitors  BOBM1.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 3. 3 QUESTIONS FOR YOUR BLUE OCEAN‐BUSINESS MODEL    1. WHERE ARE YOU AT THE MOMENT (IN THE INDUSTRY)?  ‐ Current Revenue: ……………………….………………….  ‐ Current No. of Direct Competitors: ……………………….………………….    2. WHERE WOULD YOU LIKE TO BE (IN 1/2/3 YEARS)?   ‐ Future (Desired) Revenue: ……………………….………………….  ‐ Future No. of Direct Competitors: ……………………….………………….  ‐ Uncontested Customer Experience: ……………………….………………………………….    3. HOW WILL YOU GET TO THE BLUE OCEAN?  ‐ Design, Test, and Validate Blue Ocean Strategy  ‐ Design, Test, and Validate Blue Ocean‐Business Model  ‐ Implement and Monitor Blue Ocean Strategy as well as Blue Ocean‐Business  Model  ‐ Adapt Blue Ocean Strategy and Blue Ocean‐Business Model, as Necessary    BOBM1.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 4. BLUE OCEAN VOICE FOR “BLUE OCEAN STRATEGY BOOK” vs. “BLUE OCEAN‐BUSINESS MODEL”  A) QUESTIONS FOR DETERMINING CUSTOMER DELIGHT AND NEEDS  No. 1   Date: March 16, 2009  Name of Product/Service/Facility: “Blue Ocean Strategy” book      Functionality: To present tools for creating a Blue Ocean Strategy  Customer’s Intent: To develop a Blue Ocean‐Business Model       Business/Industry: Publishing/Business Education (Consulting)   Focus of Customer Experience: Product/Service/Facility; Purchase/Delivery/Usage/Supplements/Maintenance/Disposal    A1)  What do you like regarding the object (product/service/facility)?  • Compelling storytelling and presentation of cases illustrating use of the Blue Ocean Strategy.  • Metaphor that distinguishes Red and Blue Ocean companies as well as their market spaces.  • Blue Ocean Strategy move as more critical than static historical factors in explaining extraordinary success in business.  • Methodology for Blue Ocean Strategy that integrates tools for strategic marketing, branding, Value Innovation, and strategy execution.  • Focus of Blue Ocean Strategy on non‐customers and reconstruction of existing market boundaries.      A2)  What would you need regarding the object (product/service/facility)?  • A Software Application/Manual for systematically using methodology or process for Blue Ocean Strategy.  • A Software Application/Manual for systematically developing Blue Ocean‐Business Models.  • Instructions for systematically developing tactics, action plans, and projects with a view to implementing Blue Ocean Strategy.  • Workflow for translating, executing, and monitoring a Blue Ocean Strategy as in the case of using the Balanced Scorecard.  • Applications/Examples of using the Blue Ocean Strategy in public sector and NGO projects such as in urban planning and social business.    BOBM2.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com  B) QUESTIONS FOR DETERMINING CUSTOMER PAIN AND DISSATISFACTION 
  • 5. B1)  What DON’T you like regarding the object (product/service/facility)?  • The Blue Ocean Strategy book is not easy to fully understand. A Blue Ocean Strategy cannot immediately be developed. No procedure is  described for recognizing, selecting, and ‘weighing’ the importance of factors or dimensions on the Strategy Canvas. There is no  distinction between factors of customer delight and factors of customer pain. Also, there is no systematic procedure or tactics for  eliminating emerging trade‐offs on the Strategy Canvas. Further, the Four Actions Framework (Eliminate‐Reduce‐Raise‐Create) is not  linked to a process such as brainstorming for generating and evaluating more specific ideas, initiatives, and targets/success criteria.  • Reading the whole book of 216 pages takes an inordinate amount of time.  • The Blue Ocean Strategy is targeted at the private sector. The framework in the book does not facilitate application of Blue Ocean  Strategy to public sector projects. In particular, Blue Ocean Strategy is not presented as a methodology for creative problem solving  and innovation.  • The book largely consists of text; very little graphics.  • The Blue Ocean Strategy book is not ubiquitously available.  •  The book costs US$27.95 (rather expensive!).    B2)  What DON’T you need regarding the object (product/service/facility)?  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..      BOBM2.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 6. BENCHMARKING OF VOICE  No………  Date: March 16, 2009  Name of Product/Service/Facility: BOS book/Blue Ocean‐Bus. Model Functionality: To quickly develop business models  Customer’s Intent: To develop a Blue Ocean‐Business Model     Business/Industry: Publishing/Business Education (Consulting)   Focus of Customer Experience: Product/Service/Facility; Purchase/Delivery/Usage/Supplements/Maintenance/Disposal  A) CUSTOMER DELIGHT AND NEEDS  Item  List below what you like or would need  Level of Importance  Score for DELIGHT or NEED for Product/Service/Facility   regarding the Object: Product/Service/Facility  or Weight   (1‐10) 1: Low; 10: High    (1‐10)  Blue Ocean  Low‐end  Average  “Blue Ocean  1: Low; 10: High  Bus. Model Alternative  Alternative  Strategy” book  1  Simplicity (How simple to read and immediately  9  8      2  use?)  2  Speed (How fast to read and digest?)  9  8      2  3  Versatility (Application to many other situations?)  7  9      5  4  Visuals (What percentage of illustrations?)  8  7      4  5  Accessibility (Is it available everywhere on 24x7?)  10  8      3  6              7              8              9              10              11              12              13              14              15              16              17              18              19              20              BOBM2.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 7. B) CUSTOMER PAIN AND DISSATISFACTION  Item  List below what you DON’T like or would NOT  Level of Importance  Score for PAIN or DISSATISFACTION for Product/  need regarding the Object: Product/Service/  or Weight   Service/Facility (1‐10) 1: Low; 10: High  Facility   (1‐10)  Blue Ocean  Low‐end  Average  “Blue Ocean    1: Low; 10: High  Bus. Model Alternative  Alternative  Strategy” book  1  Price (How expensive?)  10  1      8  2              3              4              5              6              7              8              9              10              11              12              13              14              15              16              17              18              19              20                        BOBM2.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 8. RADIAL STRATEGY CANVAS (CUSTOMER EXPERIENCE CURVE) FOR “BLUE OCEAN STRATEGY” BOOK vs. BLUE OCEAN‐BUSINESS MODEL  Price 10 8 6 Accessibility Simplicity 4 2 0 Visuals Speed Versatility quot;Blue Ocean Strategyquot; book Blue Ocean‐Business Model       BOBM3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 9. Template for Blue Ocean Actions      A1)   SATISFIERS (+)  A2)   DELIGHTERS (+)    Core strengths/features/requirements  Breakthrough opportunities/features  Action: Raise                                                       Action: Create                                                      * Differentiation/Novelty/Uniqueness                 * Value/Functionality: Visual (iPhone) App for  * Visuals              * Accessibility (24x7)                Blue Ocean Map and Business Models                    * Integration/Connections/Collaboration * Versatility: Private and Public Projects; NGO     BLUE OCEAN ACTIONS:         Template for Organizing Responses to    Questions for Creating                    Uncontested Customer Experiences       PRODUCT/SERVICE/FACILITY:          BLUE OCEAN‐BUSINESS MODEL  B1)   DISSATISFIERS (‐)  B2)   WASTERS (‐)  Basic weaknesses/features/needs  ‘Threats’ or overshot or wasteful features  Action: Reduce                                                     Action: Eliminate                                                 * Complexity/Information Overload                   * Price  * Time for Reading     BOBM4. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 10. Blue Ocean Dashboard for Blue Ocean‐Business Model Project       Date: March 16, 2009  Name of Product/Service/Facility: Blue Ocean‐Business Model    Functionality: To visually develop Blue Ocean‐Business Models  Customer Value Proposition: “Blue Ocean‐Business Models in No Time”  Business/Industry: Publishing/Business Education (Consulting)   Goal/Objective: To create an uncontested customer experience, acquire massive amount of customers, and make the competition irrelevant  BUSINESS SYSTEM  Description    Performance Objectives: 2010  Blue Ocean Actions (Customer Experience Quotient)  Initiatives/  (“SEMPORCE”)  of Best Current/  Projects  Cost (‐)  Revenue (+)  Other  Raise  Create  Reduce  Eliminate  Other  ELEMENTS  Future Resources  ($)  ($)  Criteria  (+)  (+)  (‐)  (‐)  Online community    S: Suppliers/Materials  Facilitators/IP on  Producti‐vity   E: Employees/Know‐ Business Models  ledge Assets/Culture  Computers/Online    M: Machinery/  Library of Bus. Models  Equipment/Facility  Open collaboration/  Defects: Six    P: Processes/  innovation/marketing  Sigma  Activities  Blue Ocean Map/  Freemium Delight/  Novelty  Functionality Complexity Price O: Outputs  Model/iPhone App  Pricing  Defects  Visuals  Versatility  Reading time  ‐      Product  Talks/Training/  Hourly fees Delight/    ‐ Service  Consulting/Licensing  Royalties  Defects  SN‐Internet/Word‐of‐   R: Retailers/  mouth/Volunteers  Distributors/Channels  Visual planners/entre‐ Delight/    C: Customers/  preneurs/startups  Pain  Consumers  Virtual/Physical    E: Environment  Blue Ocean Strategy    ‐ Competitors  (BOS) Book/Trainers  Users of BOS book    ‐ Non‐customers  Bus. Planners/NGOs    ‐ Partners  Dr. Rod King  ROI   ‐ Investors  Online/Global    ‐ Community/Gov.  • BUSINESS MODEL:      Business  Blue Ocean  “Fremium” Business Model  • (How does the organization work to deliver its  Experience  Program  Open Business Model Innovation/Collaboration  ROI (%):  value proposition to customers & investors?)  Quotient      BOBM5.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 11. S O W T Impact (SOWT) Analysis Dashboard for Blue Ocean‐Business Model Project       Date: March 16, 2009  Name of Product/Service/Facility: Blue Ocean‐Business Model    Functionality: To visually develop Blue Ocean‐Business Models  Customer Value Proposition: “Blue Ocean‐Business Models in No Time”  Business/Industry: Publishing/Business Education (Consulting)   Goal/Objective: To create an uncontested customer experience, acquire massive amount of customers, and make the competition irrelevant  BUSINESS SYSTEM  Description    Performance Objectives: 2010  IMPACTS: Strengths, Opportunities, Weaknesses, and Threats  (“SEMPORCE”)  of Best Current/  Cost: ‐  Revenue: +  Other  S: Strengths  O: Opportunities  W: Weaknesses  T: Threats  ELEMENTS  Future Resources  ($)  ($)  Criteria  (+)  (+)  (‐)  (‐)  Online community  S: Suppliers/Materials  Facilitators/IP on  Productivity E: Employees/Know‐ Business Models  Innovation  ledge Assets/Culture  Computers/Online  M: Machinery/  Library of Bus. Models  Equipment/Facility  Open collaboration/  Defects: Six  P: Processes/  innovation/marketing  Sigma  Activities  Blue Ocean Map/  Freemium Delight/  Simple to use;Free Use by SMEs and  Sparse notes;  Unauthorized use  O: Outputs  Model/iPhone App  Pricing  Defects  Comprehensive  entrepreneurs  focus is on visuals  in training  ‐      Product  Talks/Training/  Hourly fees Delight/  ‐ Service  Consulting/Licensing  Royalties  Defects  SN‐Internet/Word‐of‐ R: Retailers/  mouth/Volunteers  Distributors/Channels  Visual planners/entre‐ Delight/Pain C: Customers/  preneurs/startups  Consumers  Virtual/Physical  E: Environment  Blue Ocean Strategy  ‐ Competitors  (BOS) Book/Trainers  Users of BOS book  ‐ Non‐customers  Bus. Planners/NGOs  ‐ Partners  Dr. Rod King  ROI ‐ Investors  Online/Global  ‐ Community/Gov.  BUSINESS MODEL:      Business  (How does the organization work to deliver its  Experience  ROI (%):  value proposition to customers & investors?)  Quotient      BOBM5.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 12. 4 PERSPECTIVES AND QUESTIONS FOR BALANCING A  BLUE OCEAN DASHBOARD    1.     INVESTOR PERSPECTIVE  ‐ HOW WILL THE BUSINESS MAKE MORE MONEY (EXTRAORDINARY PROFIT)?    2.     CUSTOMER PERSPECTIVE   ‐ HOW WILL CUSTOMERS EXPERIENCE THE GREATEST DELIGHT AND LEAST PAIN?    3.     PROCESS PERSPECTIVE  ‐ WHAT PROCESSES AND STRATEGIES WILL GENERATE EXTRAORDINARY PROFIT AS  WELL AS DELIVER ITS VALUE PROPOSITION TO CUSTOMERS/CONSUMERS?    4.       EMPLOYEE PERSPECTIVE  ‐ WHAT ATTRIBUTES, SKILLS, COMPETENCES, RESOURCES, AND OUTPUTS  SHOULD EMPLOYEES HAVE IN ORDER TO SUSTAIN A WORKFLOW AND  CULTURE THAT DELIVER EXTRAORDINARY VALUE TO CUSTOMERS AND  INVESTORS?      BOBM5.31. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 13. Evolution of Business Management Concepts and Tools That Explain Extraordinary Growth and Profitability of Businesses        BUSINESS MANAGEMENT  “BLUE OCEAN‐BUSINESS  ?   MODELS”  CONCEPTS, THEORIES, AND  Environment   TOOLS    (Supersystem)          “BLUE OCEAN STRATEGY”                                                              “BLUE OCEAN‐BUSINESS  MODELS”  “BUILT TO LAST”    SPACE     System   “IN SEARCH OF EXCELLENCE”  (Product)        Concepts, tools, and strategic  Visual concepts and tools for  Highly successful habits or factors moves for explaining extra‐ mapping, designing, executing,  of companies that display extra‐   ordinary business success as well  and monitoring the performance  ordinary growth, profitability, and  Elements     as executing a Blue Ocean  of Blue Ocean Strategy as well as  longevity   Strategy  Blue Ocean‐Business Models      Past   Present   Future   INITIAL IDEA      (“SEED”)   TIME     BOBM8.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com  BOBM5.3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com  BOBM8.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 14.                        
  • 15. Portfolio of Tools for Developing Blue Ocean‐Business Models      1) Blue Ocean Map &  2)    Blue Ocean Voice & 3)    Radial Strategy Canvas (Customer    Experience Curve)  3 Questions for Your Blue Ocean‐ Benchmarking of Voice    Business Model          4)     Blue Ocean Actions  5)    Blue Ocean Dashboard, Impact  (SOWT) Analysis Dashboard, & 4    BLUE OCEAN‐BUSINESS MODEL  Perspectives and Questions for  TOOLS FOR EXPONENTIAL  Balancing a Blue Ocean Dashboard  BUSINESS GROWTH    6)    Zoomable Blue Ocean  7)    TOMCAT (Trade‐Off Matrix)  8)    Template of Classic Zoomable  Dashboard, Business Model Cost‐ Page & Template of System Evolution  streams and Workflow, & Business    Model Revenue‐streams   
  • 16. Blue Ocean Map (“One‐Page Blue Ocean Strategy” for Simply Mapping, Designing, Executing, and Monitoring a Blue Ocean Strategy)  IDEAL BLUE OCEAN (FINAL RESULT)    Fractal Market Segmentation of ……………………………………………………………………….  ∞          Revenue    BLUE OCEAN  Experience  Highly differentiated and premium-priced/free business model     Blue Ocean Plan  (+): DELIGHT    RED OCEAN  Experience  Commoditized and Strategic  Red Ocean Plan   low-cost business model Choice  (‐): PAIN    (Uncontested Experience, Market Space, or New Category)   No. of Competitors  BOBM1.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 17. 3 QUESTIONS FOR YOUR BLUE OCEAN‐BUSINESS MODEL    1.     WHERE ARE YOU AT THE MOMENT (IN THE INDUSTRY)?  ‐ Current Revenue: ……………………….………………….  ‐ Current No. of Direct Competitors: ………………………………………….    2.     WHERE WOULD YOU LIKE TO BE (IN 1/2/3 YEARS)?   ‐ Future (Desired) Revenue: …………………….…………………….  ‐ Future No. of Direct Competitors: ………………………………………….  ‐ Uncontested Customer Experience: ……………………….………………………………….    3.     HOW WILL YOU GET TO THE BLUE OCEAN?  ‐ Design, Test, and Validate Blue Ocean Strategy  ‐ Design, Test, and Validate Blue Ocean‐Business Model  ‐ Implement and Monitor Blue Ocean Strategy as well as Blue Ocean‐Business  Model  ‐ Adapt Blue Ocean Strategy and Blue Ocean‐Business Model, as Necessary       BOBM1.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 18. BLUE OCEAN VOICE  A) QUESTIONS FOR DETERMINING CUSTOMER DELIGHT AND NEEDS  No………  Date: …….…………….…….…..  Name of Product/Service/Facility: ……………………………………………………………… Functionality: ……………….………………….…………….…..……………………  Customer’s Intent: ……………..……………………………………….…………………..……...…  Business/Industry: ………………..........…………………..…….……………..  Focus of Customer Experience: Product/Service/Facility; Purchase/Delivery/Usage/Supplements/Maintenance/Disposal    A1)  What do you like regarding the object (product/service/facility)?  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  A2)  What would you need regarding the object (product/service/facility)?  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  B) QUESTIONS FOR DETERMINING CUSTOMER PAIN AND DISSATISFACTION  BOBM2.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 19.   B1)  What DON’T you like regarding the object (product/service/facility)?  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..      B2)  What DON’T you need regarding the object (product/service/facility)?  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..  ………………………………………………………….……………………………………………………………………………………………..……………………………………………………………..        BOBM2.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 20. BENCHMARKING OF VOICE (VOICE OF INDEPENDENT CUSTOMER EXPERIENCE)   No………  Date: …….…………….…………..  Name of Product/Service/Facility: ……………………………………………………………… Functionality: ……………….………………….…………….…..……………………  Customer’s Intent: ……………..……………………………………….…………………..……...…  Business/Industry: …………………………………..…….……………….……..  Focus of Customer Experience: Product/Service/Facility; Purchase/Delivery/Usage/Supplements/Maintenance/Disposal  A) CUSTOMER DELIGHT AND NEEDS  Item  List below what you like or would need regarding  Level of Importance  Score for DELIGHT or NEED for Product/Service/Facility   the Object: Product/Service/Facility  or Weight   (1‐10) 1: Low; 10: High    (1‐10)  Given  Low‐end  Average  High‐end  1: Low; 10: High  Object  Alternative  Alternative  Alternative  1              2              3              4              5              6              7              8              9              10              11              12              13              14              15              16              17              18              19              20                BOBM2.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 21. B) CUSTOMER PAIN AND DISSATISFACTION  Item  List below what you DON’T like or would  Level of Importance  Score for PAIN or DISSATISFACTION for Product/  NOT need regarding the Object: Product/Service/  or Weight   Service/Facility (1‐10) 1: Low; 10: High  Facility   (1‐10)  Given  Low‐end  Average  High‐end    1: Low; 10: High  Object  Alternative  Alternative  Alternative  1              2              3              4              5              6              7              8              9              10              11              12              13              14              15              16              17              18              19              20                      BOBM2.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 22. RADIAL STRATEGY CANVAS (CUSTOMER EXPERIENCE CURVE) FOR …………………………………………….………………………………………………………    Pain 1 10 8 6 Delight 5 Delight 1 4 2 0 Delight 4 Delight 2 Delight 3 Worst Product Ideal Product   BOBM3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 23. Template for Blue Ocean Actions      A1)   SATISFIERS (+)  A2)   DELIGHTERS (+)    Core strengths/features/requirements  Breakthrough opportunities/features      Action: Raise  Action: Create          BLUE OCEAN ACTIONS:         Template for Organizing Responses to    Questions for Creating                    Uncontested Customer Experiences       PRODUCT/SERVICE/FACILITY:  B1)   DISSATISFIERS (‐)  B2)   WASTERS (‐)  Basic weaknesses/features/needs  ‘Threats’ or overshot or wasteful features  Action: Reduce  Action: Eliminate      BOBM4. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 24. Blue Ocean Dashboard for ………………………………………………………………………………………….      Date: ……………………………….  Name of Product/Service/Facility: ……………………………..……………………..       Functionality: …………………………………………………………………….…  Customer Value Proposition: …………………………………………………………………….    Business/Industry: ………………..........…………………..….……………..  Goal/Objective: …………………………………………………………………………………………………………………………………………………………………………………………….  BUSINESS SYSTEM  Description    Performance Objectives: 20……  Blue Ocean Actions (Customer Experience Quotient)  Initiatives/  (“SEMPORCE”)  of Best Current/  Projects  Cost: ‐  Revenue: +  Other  Raise  Create  Reduce  Eliminate  Other  ELEMENTS  Future Resources  ($)  ($)  Criteria  (+)  (+)  (‐)  (‐)  S: Suppliers/Materials          E: Employees/Know‐ ledge Assets/Culture      M: Machinery/  Equipment/Facility      P: Processes/  Activities      O: Outputs  ‐      Product      ‐ Service      R: Retailers/  Distributors/Channels      C: Customers/  Consumers      E: Environment      ‐ Competitors      ‐ Non‐customers      ‐ Partners      ‐ Investors  ‐ Community/Gov.      BUSINESS MODEL:      Business  IDEAL BLUE OCEAN STRATEGY (How to create an uncon‐ Blue Ocean  (How does the organization work to deliver its  Experience  tested customer experience and uncontested business  Program  ROI (%):  value proposition to customers & investos?)  Quotient  model as well as make the competition irrelevant?)      BOBM5.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 25. S O W T Impact (SOWT) Analysis Dashboard for ……………………………………………………………………………….      Date: ……………………………….  Name of Product/Service/Facility: ……………………………..……………………..       Functionality: …………………………………………………………………….…  Customer Value Proposition: …………………………………………………………………….    Business/Industry: ………………..........…………………..….……………..  Goal/Objective: ……………………………………………………………………………………………………………………………………………………….…………………..……………….  BUSINESS SYSTEM  Description    Performance Objectives: 20……  IMPACTS: Strengths, Opportunities, Weaknesses, and Threats  (“SEMPORCE”)  of Best Current/  Cost: ‐  Revenue: +  Other  S: Strengths  O: Opportunities  W: Weaknesses  T: Threats  ELEMENTS  Future Resources  ($)  ($)  Criteria  (+)  (+)  (‐)  (‐)  S: Suppliers/Materials      E: Employees/Know‐ ledge Assets/Culture    M: Machinery/  Equipment/Facility    P: Processes/  Activities    O: Outputs  ‐      Product    ‐ Service      R: Retailers/  Distributors/Channels    C: Customers/  Consumers    E: Environment    ‐ Competitors    ‐ Non‐customers    ‐ Partners    ‐ Investors  ‐ Community/Gov.    BUSINESS MODEL:      Business  (How does the organization work to deliver its  Experience  ROI (%):  value proposition to customers & investors?)  Quotient      BOBM5.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com  BOBM5.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 26. 4 PERSPECTIVES AND QUESTIONS FOR BALANCING A  BLUE OCEAN DASHBOARD  1.     INVESTOR PERSPECTIVE  ‐ HOW WILL THE BUSINESS MAKE MORE MONEY (EXTRAORDINARY PROFIT)?    2.     CUSTOMER PERSPECTIVE   ‐ HOW WILL CUSTOMERS EXPERIENCE THE GREATEST DELIGHT AND LEAST PAIN?    3.     PROCESS PERSPECTIVE  ‐ WHAT PROCESSES AND STRATEGIES WILL GENERATE EXTRAORDINARY PROFIT AS  WELL AS DELIVER ITS VALUE PROPOSITION TO CUSTOMERS/CONSUMERS?    4.       EMPLOYEE PERSPECTIVE  ‐ WHAT ATTRIBUTES, SKILLS, COMPETENCES, RESOURCES, AND OUTPUTS  SHOULD EMPLOYEES HAVE IN ORDER TO SUSTAIN A WORKFLOW AND  CULTURE THAT DELIVER EXTRAORDINARY VALUE TO CUSTOMERS AND  INVESTORS?      BOBM5.31. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 27. Template for 4 Perspectives and Questions for Balancing a Blue Ocean Dashboard      INVESTOR PERSPECTIVE    EMPLOYEE PERSPECTIVE    • •   How will the business make more  What attributes, skills, resources, and      money (extraordinary profit)?  outputs should employees have in  order to sustain a workflow and    culture that deliver extraordinary  value to customers and investors?                                        4 PERSPECTIVES AND    QUESTIONS FOR BALANCING       A BLUE OCEAN DASHBOARD    CUSTOMER PERSPECTIVE  PROCESS PERSPECTIVE  • • How will customers experience the  What processes and strategies will  greatest delight and least pain?  generate extraordinary profit as well  as deliver its value proposition to  customers/consumers?  BOBM5.32. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com  BOBM8.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com  BOBM6.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com  BOBM5.3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com  BOBM5.3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 28. Template for Zoomable Blue Ocean Dashboard      S: SUPPLIERS/MATERIALS  E: EMPLOYEES/KNOWLEDGE ASSETS/   M: MACHINERY/EQUIPMENT/          FACILITY  CULTURE        E: ENVIRONMENT  P: PROCESSES/STRATEGIES  BUSINESS MODEL (20…….)         • • Competitors  Brand/PR/Marketing Strategy  [Uncontested Customer Experience/   • • Non‐customers/Non‐consumers  Revenue‐generating Strategy  Customer Value Proposition/Business Goal  • • Partners  Cost‐reduction Strategy  (“BHAG”)/Strategic Intent/Vision/Ideal  • • Solution/Revenue, Cost, Profit, and ROI]:  Investors   Value Innovation (Trade‐off) Strategy  • • Gov./Community/Society/Env.  Competitive Advantage Strategy  C: CUSTOMERS/CONSUMERS  R: RETAILERS/DISTRIBUTORS/              O: OUTPUTS/PRODUCT/SERVICE  CHANNELS/INTERFACE        BOBM8.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com  BOBM6.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com  BOBM5.3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com  BOBM5.3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 29. Template for Business Model Cost‐streams and Workflow Template for Business Model Cost‐streams and Workflow        S: SUPPLIERS/MATERIALS  E: EMPLOYEES/KNOWLEDGE ASSETS/  M: MACHINERY/EQUIPMENT/        FACILITY  CULTURE        E: ENVIRONMENT  P: PROCESSES/STRATEGIES  BUSINESS MODEL (20…….)         • • Competitors  Procurement; HR Mngt; Operations  COST‐STREAMS/WORKFLOW:  • • Non‐customers/Non‐consumers  Technology/R & D/Innovn/Production  • • Partners  Marketing/Branding/PR/Sales  • • Investors   Distribution/Logistics/Partnering  • • Gov./Community/Society/Env.  Customer Service (Relationship Mngt)  C: CUSTOMERS/CONSUMERS  R: RETAILERS/DISTRIBUTORS/     O: OUTPUTS/PRODUCT/SERVICE  CHANNELS/INTERFACE        BOBM6.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 30. Template for Business Model Revenue‐streams Template for Business Model Revenue‐streams      S: SUPPLIERS/MATERIALS  E: EMPLOYEES/KNOWLEDGE ASSETS/  M: MACHINERY/EQUIPMENT/        FACILITY  CULTURE        E: ENVIRONMENT  P: PROCESSES/STRATEGIES  BUSINESS MODEL (20…….)         • • Competitors  Sale of Product/Service/Information  POSSIBLE SOURCES OF REVENUE:  • • Non‐customers/Non‐consumers  Subscription/Membership/Sale of Biz  • • Partners  Transaction/Commission Fees  • • Investors   Advertising/Affiliate/Partner Fees  • • Gov./Community/Society/Env.  Licensing/Syndication/Sponsorship  C: CUSTOMERS/CONSUMERS  R: RETAILERS/DISTRIBUTORS/                O: OUTPUTS/PRODUCT/SERVICE  CHANNELS/INTERFACE        BOBM6.3. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 31. TOMCAT (Trade‐Off Matrix of Customer Aspirations And Troubles): How to Quickly Organize and Document Blue Ocean‐Business Models as  well as Determine (Non‐)Customer Trade‐offs, Value Propositions, Business Opportunities, Strategies, and Design/Brainstorming Objectives   Customer’s Intent/Job: ……………..……………………………………….…………………..……...…  (Non‐)Customers/Industry: ……………….…………………….……..  Focus of (Non‐)Customer: Product/Service/Facility; Purchase/Delivery/Usage/Supplements/Maintenance/Disposal  Breakthrough Question: HOW TO MAKE (THE PRODUCT/ENTERPRISE/INDUSTRY OF) ……………..……………......……….…….....………  IRRELEVANT?  (Non‐)Customer Needs            (‐)  1  2  3  4  5  6  7  8  9  10  Cost  Mainten‐ Time  Defects/  Weight/  Effort/  Staff  Complexity/  Rigidity/  Pain/                    Reduce/Eliminate  ance/  (Delivery/  Complaints/   Size/  Friction/ Depend‐ Information  Inaccess‐ Barriers/   (Relative to Industry Standard)    Upgrade  Aging)  Waste  Tool  Energy  ency  Overload  ibility  Pollution  (+)  Raise/Create    Value/Functionality  1                    Quality/Automation  2                      Performance/Productivity  3                      Differentiation/Novelty/  4                      Uniqueness/Form/Fractality  Speed/Agility  5                      Aesthetics/Visual Appeal/Color  6                      Ease of Use/Simplicity  7                      Convenience of Use  8                      Customer Service/Support  9                      Fun/Entertainment/Adventure  10                      Star Performers/Celebrities  11                      Prestige/Legacy/Amenities  12                      Wide Choice/Versatility  13                      Hygiene/Cleanliness  14                      Integration/Connectivity  15                      Power/Strength/Wisdom  16                      Accuracy/Reliability  17                      Security/Safety/Health  18                      Collaboration/Communication  19                      Customization/Personalization  20                      BOBM7. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 32. Template for a Classic Zoomable Page                              BOBM8.1. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 33. Template for Illustrating Evolution of a System          Environment     (Supersystem)                                                                             PRESENT SYSTEM:    System   SPACE           Elements         Past   Present   Future   INITIAL IDEA    (“SEED”)   TIME         BOBM8.2. Blue Ocean‐Business Models. Copyright 2009. Dr. Rod King. rodkuhnking@sbcglobal.net & http://businessmodels.ning.com 
  • 34.   REFERENCES  1. Kaplan, R.S.; Norton, D.P. (1996) The Balanced Scorecard. Boston:  Harvard Business School (HBS) Press.  2. Kaplan, R.S.; Norton, D.P. (2008) The Execution Premium. Boston:  Harvard Business School (HBS) Press.   3. Kim, W.C.; Mauborgne, R. (2005) Blue Ocean Strategy. Boston:  Harvard Business School (HBS) Press.  4. King, R. (2009) The Infinitely Zoomable Page: The Ideal Tool for  Business Model Thinking, Design, and Innovation. Fresno: Ideal‐ Solution Management.    Dr. Rod King  Consultant & Trainer on Business Model Analysis, Design, and Innovation  rodkuhnking@sbcglobal.net & http://businessmodels.ning.com