Blue Ocean Strategy, Expanded Edition: How to Create Uncontested Market Space and Make the Competition Irrelevant



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Blue Ocean Strategy, Expanded Edition How to Create Uncontested Market Space and Make the Competition Irrelevant by W. Chan Kim, Renée A. Mauborgne (book-drive.com)

Step 4: Visual Communication
After the future strategy is set, the last step is to communicate it in a way that
can be easily understood by any employee. EFS distributed the one-page picture
showing its new and old strategic profiles so that every employee could see
where the company stood and where it had to focus its efforts to create a
compelling future. The senior managers who participated in developing the
strategy held meetings with their direct reports to walk them through the picture,
explaining what needed to be eliminated, reduced, raised, and created to pursue a
blue ocean. Those people passed the message on to their direct reports.
Employees were so motivated by the clear game plan that many pinned up a
version of the strategy canvas in their cubicles as a reminder of EFS’s new
priorities and the gaps that needed to be closed.
The new picture became a reference point for all investment decisions. Only
those ideas that would help EFS move from the old to the new value curve were
given the go-ahead. When, for example, regional offices requested that the IT
department add links on the website—something that in the past would have
been agreed to without debate—IT asked them to explain how the new links
helped move EFS toward its new profile. If the regional offices couldn’t provide
an explanation, the request was denied, thereby promoting clarity and not
confusion on the website. Similarly, when the IT department pitched a
multimillion-dollar back-office system to top management, the system’s ability
to meet the new value curve’s strategic needs was the chief metric by which it
was judged.



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