The Four Steps of Visualizing Strategy : Blue Ocean Strategy
1. Visual Awakening
- Compare your business with your competitors by drawing your "as is" strategy canvas.
- See where your strategy needs to change.
2. Visual Exploration
- Go into the field to explore the six paths to creating blue oceans.
- Observe the distinctive advantages of alternative products and services.
- See which factors you should elimate, create, or change.
3. Visual Strategy Fair
- Draw your "to be" strategy canvas based on insights from field observations.
- Get feedback on alternative strategy canvases from customers, competitors' customers, and noncustomers.
- Use feedback to build the best "to be" future strategy.
4. Visual Communication
- Distribute your before-and-after strategic profiles on one page for easy comparison.
- Support only those projects and operational moves that allow your company to close the gaps to actualize the new strategy.
Source: For more details, please read on page 84, Blue Ocean Strategy, W. Chan Kim and Renee Mauborgne.
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