Entrepreneurs: Unlock competitive advantage with an ERRC grid mind map
Mind Mapping Software
OCTOBER 29, 2022
Entrepreneurs: How can you unlock competitive advantage in today’s uncertain world? One way to do that is to challenge our existing assumptions about value creation, using a simple tool like the ERRC grid. The Eliminate-Reduce-Raise-Create (ERRC) Grid was developed by Chan Kim and Renée Mauborgne as part of their Blue Ocean Strategy toolkit. It challenges organizations to brainstorm ways to simultaneously improve along four dimensions: Eliminate: Which factors that your industry has long compete
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