Reduce raise blue ocean strategy with arrows and horizontal boxes

Description:

The image is a PowerPoint slide titled "Reduce Raise Blue Ocean Strategy With Arrows And..." which likely refers to the Blue Ocean Strategy framework used in business. This framework helps companies to move beyond competing in existing markets (Red Oceans) and instead create new market spaces (Blue Oceans). The slide is divided into four horizontal boxes, each with a title, an icon, and a text element that encourages customization:

1. Eliminate (with a minus sign icon): 

This suggests identifying factors in the industry that could be eliminated to reduce costs and create a new market.

2. Reduce (with a downward arrow icon): 

This indicates factors that should be reduced below the industry's standard to streamline operations.

3. Raise (with an upward arrow icon): 

This points to elements that should be raised above the industry's standard to create value.

4. Create (with a plus sign icon): 

This implies inventing new elements that the industry has never offered before.

Use Cases:

The Blue Ocean Strategy slide can be used across various industries for strategic planning and innovation:

1. Technology:

Use: Innovating new products and services

Presenter: Strategy Officer

Audience: Product Development Team

2. Healthcare:

Use: Enhancing patient care and healthcare delivery

Presenter: Healthcare Administrator

Audience: Hospital Staff, Stakeholders

3. Education:

Use: Reforming educational offerings

Presenter: Academic Dean

Audience: Faculty, Educational Planners

4. Automotive:

Use: Developing new vehicle concepts

Presenter: Product Development Manager

Audience: Engineers, Marketing Team

5. Retail:

Use: Redesigning the shopping experience

Presenter: Retail Strategist

Audience: Store Managers, Marketing Team

6. Financial Services:

Use: Creating innovative financial products

Presenter: Financial Strategist

Audience: Investment Team, Product Managers

7. Tourism:

Use: Developing unique travel experiences

Presenter: Tourism Development Manager

Audience: Travel Agencies, Marketing Staff