![]() ![]() Lastly, the blue ocean idea index evaluates your value proposition based on the four criteria of blue ocean strategy: utility, price, cost, and adoption. The buyer utility map assists in assessing how your value proposition delivers utility to your customers across the six stages of the buyer experience cycle. In terms of the definition of BOS is a business strategy that implements control market space that is not contested. Chan Kim and Renee Mauborgne (2006) as part of the business strategy. ![]() The four actions framework helps you identify the factors that you can eliminate, reduce, raise, or create to achieve value innovation. One way to create value innovation in the face of competition in the world of education is to use Blue Ocean Strategy (BOS), written by W. The strategy canvas is a visual tool that compares your value proposition with your competitors' on the key factors that affect customer choice. To help you measure the impact of blue ocean strategy, you can use tools such as the strategy canvas, the four actions framework, the buyer utility map, and the blue ocean idea index. Additionally, you must have a reliable and consistent way of collecting and analyzing data and feedback from customers, competitors, and the market. To measure the impact of blue ocean strategy, you need to have a clear and quantifiable goal and a set of key performance indicators (KPIs) that reflect your value proposition and your market position. ![]()
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