Agne Nainyte on Strategy deployment with Hoshin KanriDigital Transformation | Process Excellence | Women EmpowermentSome time ago
Who doesn't dream about working in a market place where competition is irrelevant?
Blue Ocean strategy model developed by W. Chan Kim & Renee Mauborgne focus exactly on this topic. Creating "blue oceans" which are uncontested markets where new customer demands are satisfied instead of focusing to beat the competition, called "red ocean".
So how can business leaders create those attractive "blue oceans"? In the book you can find the four actions framework which tells you what to do:
1. REDUCE. Which factors should be reduced well below the industry's standard?
2. CREATE. Which factors should be created that the industry has never offered?
3. RAISE. Which factors should be raised well above the industry's standard?
4. ELIMINATE. Which of the factors that the industry takes for granted should be eliminated?
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Be the first to comment Agne Nainyte on Strategy deployment with Hoshin KanriDigital Transformation | Process Excellence | Women EmpowermentSome time ago
It's December! The time for reflection and set-up of new objectives.
While I like the concept of noting down your New Year's resolutions, too often I hear vaguely defined sentences, which I doubt help people to achieve more.
I believe that New Year's resolutions shouldn't be a long list of actions you want to do, but rather a few personal breakthroughs which will stretch you.
With my experience of using Hoshin Kanri model in business, I wrote a blog post on how to define meaningful New Year resolutions which I think could drive personal breakthroughs.
https://nainyte.com/how-to-write-meaningful-new-year-resolutions/
How to write meaningful New Year Resolutions - Nainyte.com
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Agne Nainyte on Strategy deployment with Hoshin KanriDigital Transformation | Process Excellence | Women EmpowermentSome time ago
An interesting read about how change is changing by BCG based on their experience in driving organizational transformations.
I especially liked their insights about 5 different strategies to drive change:
📍A planned itinerary - clear goals and steps on how to get there.
📍A river crossing - a clear goal, but a path is unknown.
📍A hill-climbing - means for change are clear, but not the goal.
📍Scouting and wandering - neither the goals, neither the means are clear, but you want to find the next business breakthrough.
📍Escape the swamp - a clear need to change fast and substantially.
Most transformation programs will require a combination of these strategies and leaders need to assess well in which situations a certain strategy fits the most.
https://www.bcg.com/publications/2019/science-organizational-change.aspx?utm_medium=Email&utm_source=esp&utm_campaign=w20s&utm_description=top10&utm_topic=science_change&utm_geo=global&utm_content=201908Q3&utm_usertoken=045febd53a515df8d10fc2064ae6dbc09b498361&redir=true&_lrsc=db917965-8451-4f52-acc2-bf91ebcaaaaa&source=Elevate&medium=LinkedIn
The Science of Organizational Change
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Agne Nainyte on Strategy deployment with Hoshin KanriDigital Transformation | Process Excellence | Women EmpowermentSome time ago
In general I am a very slow book reader. I often use a marker to highlight the sentences which resonate with me the most or I want to re-read them after a while.
Some books are so refreshingly educational that I even decide to write a blog post, which serves as a summary of my key take-aways that I believe can be useful for you too.
This has just happened with "The Blue Ocean Strategy" book by W. Chan Kim and Renee Mauborgne.
What are you favorite books which you have recently read and learnt a lot from?
https://nainyte.com/how-to-find-the-blue-ocean-where-competition-is-irrelevant/
How to find the Blue Ocean where competition is irrelevant - Nainyte.com
Agne NainyteDigital Transformation | Process Excellence | Women Empowerment
thanks for your recommendation list! Really useful, I already have a few of them on my list but some are new.
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