What are the key strategies for starting a change process through value innovation?
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To initiate a change process through value innovation, key strategies involve defining project mission and objectives, identifying the most important customer in the value chain, developing value curves, conducting contextual interviews, refining value propositions, and confirming the compelling delivery method with the most important customer . Value innovation, a cornerstone of Blue Ocean Strategy, focuses on creating customer value through customer-perceived value, customer integration in the innovation process, and open innovation . The process of value innovation requires understanding the distinction between value creation and value appropriation, linking strategy to value creation, and emphasizing discontinuity and innovation as essential components . By integrating these strategies, companies can embark on a transformative journey towards delivering exceptional value to their most important customers and achieving sustainable growth in the long run.
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| The key strategies for initiating a change process through value innovation involve establishing methodological requirements, focusing on value creation, learning processes, discontinuity, and epistemological principles. | |
Open access 01 Jan 2019 | Key strategies for initiating change through value innovation include implementing value-based reimbursement, accountable care organizations, and coordinated healthcare to enhance quality, efficiency, and consumer satisfaction in the healthcare system. |
| Key strategies for starting a change process through value innovation include focusing on customer-perceived value, integrating customers into the innovation process, and utilizing open innovation for integration. | |
Open access•Journal Article 1 Citations | Key strategies for starting a change process through value innovation include defining project mission, identifying the most important customer, developing value curves, and confirming the compelling delivery method with the customer. |
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