ERRC Grid PowerPoint Template - PPT Slides | SketchBubble

ERRC GRID The Eliminate-Reduce-Raise-Create (ERRC) Grid developed by W. Chan Kim and Renée Mauborgne is a simple matrix like tool that drives companies to focus simultaneously on eliminating and reducing, as well as raising and creating while unlocking a new blue ocean. Eliminate Which factors that the industry has long competed on should be eliminated ? Blue Ocean Strategy Tools: The Four Actions Framework and ERRC Grid Tweet After you define the three tiers of non customers, the idea is that you poll these noncustomers and find out what it would take to purchase your product or service. Found on this slide design is an ERRC grid PowerPoint diagram which may be used in evaluating or deliberating certain business programs or marketing projects. After such deliberation, the grid may be filled up with decisions and plans which must be eliminated, reduced, raise, or created. During my studies at ThePowerMBA, I had the opportunity to revisit the main concepts of the Blue Ocean strategy, which offers several tools for companies that want to improve their unique value proposition, by differentiating their products from the competition. One of these tools is the Eliminate-Reduce-Raise-Create (ERRC) Grid. It is a matrix that focuses… The grid testing helps inform exactly which areas will need to be covered by the system. Once installed, the public safety system must be able to pass three types of tests: commissioning tests performed by the building owner, acceptance tests under the supervision of the Authority Having Jurisdiction (AHJ), and annual system performance and ERRC Grid. The Eliminate-Reduce-Raise-Create (ERRC) Grid is an essential tool of blue ocean strategy developed by Chan Kim and Renée Mauborgne. It is a simple matrix like tool that drives companies to focus simultaneously on eliminating and reducing, as well as raising and creating while unlocking a new blue ocean. The ERRC grid is a helpful tool for any startup or company is trying to identify new opportunities, new products or services to offer, or a business model to differentiate it from the competition. It facilitates identifying the following elements a company should work on to make the competition irrelevant: ERRC Grid. There is no tribulation entering into the existing market space but it’s lot more harder when it comes to creating unique market space that provides unique set of values to the customers. The ERRC Model is a simple 4 step model to help you identify potential ideas to value innovate in your organization. Here are the 4 Steps in it's simplest form: 1. Eliminate. Ask yourself if there's anything in your current organization which you can do without. Most often blue ocean strategists review the systems and processes being applied in Download the ERRC Grid PPT and explain to your team how to create a distinctive market space by delivering compelling customer values. You can demonstrate to them which features and aspects should be eliminated, raised, reduced, and created while building the strategic profile.

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