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. Apple has a collection of consumer software appliances, various. The four actions framework helps you identify the factors that you can eliminate, reduce, raise, or create to achieve value innovation. The companys products and services include the infamous iPod, iPad, iPhone, Mac, and Apple TV. 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. Today, one can hardly speak of strategy without involving the language of competition: competitive strategy, competitive benchmarking, building competitive advantages, and beating the competition. F or twenty-five years, competition has been at the heart of corporate strategy. Additionally, you must have a reliable and consistent way of collecting and analyzing data and feedback from customers, competitors, and the market. Blue Ocean Strategy: FROM THEORY TO PRACTICE. 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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