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write a 12- to 15-page report detailing a blue ocean product (or service) idea. (Marvel being the blue ocean idea) This written report must include
write a 12- to 15-page report detailing a blue ocean product (or service) idea. (Marvel being the blue ocean idea) This written report must include the following elements:
- Introduction to product concept
- Current state of the industry:
- Assessment of external forces (PESTEL Analysis) affecting the Blue Ocean product
- Assessment of the competitive environment (Porters Five Forces Analysis) affecting the Blue Ocean product
- Value innovation review (see Blue Ocean Strategy, pp. 12 19)
- Four actions framework (see Blue Ocean Strategy, pp. 37 - 39)
- Strategy canvas (see Blue Ocean Strategy, pp. 27 - 31)
- Three characteristics of a good strategy (see Blue Ocean Strategy, pp. 39 - 43)
- Reach beyond existing demand (see Blue Ocean Strategy, pp. 103 - 115)
- Buyer utility map (see Blue Ocean Strategy, pp. 120 - 125)
- Source data, i.e., reference page
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