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The strategy canvas is a framework that maps out the key factors that companies compete on and the level of offerings they provide to buyers. It captures the current industry landscape and helps organizations shift their focus from existing customers to non-customers. The canvas is used to eliminate unnecessary factors, raise what is important to buyers, reduce unexciting elements, and create new dimensions of value for a compelling blue ocean strategy, as demonstrated through Cirque du Soleil's elimination of animal shows and star performers in favor of refined, thematic productions with artistic music and dance.
The strategy canvas is a framework that maps out the key factors that companies compete on and the level of offerings they provide to buyers. It captures the current industry landscape and helps organizations shift their focus from existing customers to non-customers. The canvas is used to eliminate unnecessary factors, raise what is important to buyers, reduce unexciting elements, and create new dimensions of value for a compelling blue ocean strategy, as demonstrated through Cirque du Soleil's elimination of animal shows and star performers in favor of refined, thematic productions with artistic music and dance.
The strategy canvas is a framework that maps out the key factors that companies compete on and the level of offerings they provide to buyers. It captures the current industry landscape and helps organizations shift their focus from existing customers to non-customers. The canvas is used to eliminate unnecessary factors, raise what is important to buyers, reduce unexciting elements, and create new dimensions of value for a compelling blue ocean strategy, as demonstrated through Cirque du Soleil's elimination of animal shows and star performers in favor of refined, thematic productions with artistic music and dance.
diagnostic and action framework for building a compelling blue ocean strategy. The horizontal axis captures the range of factors that the industry competes on and invests in, and the vertical axis captures the offering level that buyers receive across all these key competing factors. Objectives: 1. Captures the current state of play 2. Gears an organizations focus from customers to non-customers
ERRC GRID cirque du soleil
ELIMINATE
Star performers Animal Shows Aisle concession sales Multiple show arenas
RAISE Glamorized the tent
REDUCE Fun and humor (slapstick) Thrill and danger
CREATE
Theme Refined environment Multiple productions Artistic music and dance