Value Innovation

In Strategy understanding non-customers and current customers by listening to them and understanding their job to be done” is one of the keys to value creation. We use co-design, design thinking techniques that provide a host of methods and tools to understand customers better - whether they are a domestic violence victim, a large government organisation or a paying customer. The ability to understand the customers and non-customers and providing value to them is the key to innovation. The good thing about Blue Ocean Strategy (BOS) are these set of frameworks and tools to capture this information and work with them visually. In my workshops, I emphasize the use of visual tools. This is one of the reasons the business model canvas frameworks very well. It creates conversations which help in cutting down complexity. The ERRC Grid along with the Strategy Canvas or what the authors of BOS, Kim and Mauborgne called Value Curve in their initial HBR article, are good ways to think about placing your competitors and the needs of the customers and non-customers in one place to create a new value curve. In my work I can see the direct link of the work of Drucker with BOS, Business Model Canvas, the Strategic Choice Framework of Roger Martin and Steve Blanks hypothesis testing lean start up idea.

BOS_Diagrams_New_ERRC1BOS_Diagrams_New_ERRC1 BOS_Diagrams_New_Strategy-Canvas1

Value Creation

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Strategy for Impact - Starts with understanding customers Strategy for Impact   The Strategy for a not for profit needs to be absolutely focussed on impact. At the service innovation level, we do that by
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Empathy as a starting point for innovation Dana Silvers writing on design thinking and empathy. This matches up exactly with what we do at TACSI. I discussed how Strategy and Innovation in