Dollinger index

(Kiana) #1
Intrapreneurship and Corporate Venturing 401

budget) produces the initial canvas. Note that the factors are the same for each seg-
ment and so is the price/value ratio. Asked what they want, customers will respond,
“More value for less price”—the equivalent of a faster horse.


  1. Thefour actions frameworkgets away from simply offering more for less. In the
    case of the wine industry the question became: How do we get nonconsumers to
    drink wine? Instead of competing against other wine producers for the same cus-
    tomers, Australia’s Casella Winery looked for an alternative—competing against
    nonconsumption of wine. The four actions are:

    • Elimination: What factors can be done away with completely? The competitors
      assume these are important, but are they?

    • Reduction: What factors can be lowered significantly without a loss of value for
      nonconsumers?

    • Raise: What factors can be raised above industry averages to seduce the noncon-
      sumer?

    • Creation: What factors can be added to create value for the nonconsumer?
      By applying these actions to the strategy canvas, the intrapreneur creates a new
      value curve as illustrated in Figure 10.2.




Premium Wines

Low

Price Above-the-line
marketing

Aging
quality

Vineyard prestige
and legacy

Wine
complexity

Wine
range

Budget Wines

Use of enological
terminology and
distinctions in wine
communication

High


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Figure 10.1 The Strategy Canvas of the U.S. Wine Industry in the Late 1990s

SOURCE: W. C. Kim and R. Mauborgne, Blue Ocean Strategy (Cambridge, MA: Harvard Business School Press, 2005).
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