Blue Ocean Flashcards
1
Q
Four key differences to conventional approaches of Blue Ocean / 4 pillars of Blue Ocean
A
- focuses on what activities leaders need to undertake to boost their team’s motivation and business results
- connects leaders’ actions closely to market realities
- distributes leadership across all management levels with leadership profiles tailored to different tasks and environments
- pursues high impacts leadership activities at low costs
2
Q
Leadership canvasses
A
- diagnoses the current leadership reality (as-is)
- projects an alternative leadership profile (to-be)
Goal: Reach to-be leadership canvas
- analytical visual tool - that shows managers at each level the invested time as perceived by the subordinates
- process takes time - followers present as-is and to-be canvasses on a meeting
- democratic process - majority wins
- > leaders need to serve their “customers” and not just work in their own interest
3
Q
3 execution principles (features of the process)
A
- approach that fosters engagement
- concrete visual framework in which followers can discuss targets for leader - explanatory elements
- content of canvas (as-is, to-be) - expectations are clear
- transparent process of “to-be” canvas
4
Q
Grid in Blue Ocean
A
Eliminate
- What activities of leaders should be eliminated?
Raise
- What activities of leaders should be raised?
Reduce
- What activities of leaders should be reduced?
Create
- What activities of leaders should be created?