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Strategy (finding ways to create and claim value through differentiation)…
Strategy
(finding ways to create and claim value through differentiation)
consists of
Analytical Tools
Value Net
Plotting competitive positions
Five Forces
type of
Game-changing or groundbreaking or
transformative strategies
need
creative thinking
connection between different ways of thinking
leap into the unexpected
spark of intuition
introduces
creative disturbances
spurring
Approaches or creativity enhancing tools
build contrast strategy
identify ingrained assumptions & challenge
status quo (shaking up value chain yielding new business models)
combining two or more offerings
is to look for connections across traditional boundaries
connect things (ex: mobile payment systems - WeChat Pay, Nike+iPod Sport kit, AI & Blockchain, blockchain & internet, humans & machines)
constraint based search
identify & convert
limitations to strengths (turns limitations into opportunities, self-imposed constraints)
context
investigate
similar problems in different context (biomimetics - Intel Inside Logo)
helps to
understand competitive landscapes
deploy optimal resources & competencies.