Business

Blue Ocean Strategy Canvas

Apply the Blue Ocean Strategy's "strategy canvas" to analyze and differentiate a Business Startup Type in City by identifying key customer value factors, evaluating competitors' performance, and recommending unique strategies for a new business to stand out.

7 steps 2 variables English

Prompt template

Run these steps in order.

01
Identify major factors that create value for customers in the industry relevant to the Business Startup Type.
02
Plot these factors along the horizontal axis of a strategy canvas.
03
Rate how a specific business or competitor performs on each factor using a rating out of 5 stars (★) on the vertical axis.
04
Create value curves for this business and other key competitors.
05
Analyze where competitors over-invest, under-invest, or fail to deliver true customer value.
06
Recommend how a new business could differentiate by eliminating, reducing, raising, or creating value factors.
07
Provide an example business type and suggest a unique, divergent strategy based on the analysis.

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