Blue Ocean Strategy - The Four Actions Framework

Blue Ocean Strategy - The Four Actions Framework

To reconstruct buyer value elements in crafting a new value curve, we use the Four Actions Framework, blue ocean strategy. As shown in the diagram above, to break the trade-off between differentiation and low cost and to create a new value curve, there are four key questions to challenge an industry's strategic logic and business model:

1. Which of the factors that the industry takes for granted should be eliminated?
2. Which factors should be reduced well below the industry's standard?
3. Which factors should be raised well above the industry's standard?
4. Which factors should be created that the industry has never offered?