Blue Ocean Strategy’s Post

Why you need to align value, profit, and people propositions to create a sustainable blue ocean strategy. ⤵️ At the highest level, there are three propositions essential to the success of strategy: the value proposition, the profit proposition, and the people proposition. For any strategy to be successful and sustainable, an organization must develop an offering that attracts buyers; it must create a business model that enables the company to make money out of its offering; and it must motivate the people working for or with the company to execute the strategy. While good strategy content is based on a compelling value proposition for buyers with a robust profit proposition for the organization, sustainable strategy execution is based largely on a motivating people proposition. Motivating people requires more than overcoming organizational hurdles and winning people’s trust with fair process. It also rests on aligned and fair incentives. In this sense, the three strategy propositions provide an organizing framework to ensure an organization is taking a holistic approach to the formulation and execution of strategy. Under blue ocean strategy, an organization succeeds when all three strategy propositions pursue both differentiation and low cost. It is this alignment in support of differentiation and low cost that ensures and sustains a successful blue ocean strategy. Is your strategy aligned around the value, profit, and people propositions in pursuit of both differentiation and low cost? Make your blue ocean strategic move today -> https://lnkd.in/gPwkc29g 📥 Subscribe to our newsletter for more business insights! https://lnkd.in/gRKHmxre 🥋🔵 Master blue ocean strategy with the Blue Ocean Strategy Practitioner Program: https://lnkd.in/gwizbYbU #blueoceanstrategy #blueocean #strategy #valueinnovation

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Karl Burrow

Karllestone Capital/Business Model & Design Thinking /Strategy/Fintech/Growth/SPC Business Agility Coach/Change&Transformation/Adjunct Prof.Keio Univ. Entrepreneurship & Startup/ New York Univ. Marketing & New Ventures

3d

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