Blue Ocean ERRC Grid: Redesign Your Industry's Competitive Model
Asked Jun 17, 2026Modified 2 days agoViewed 6 timesWorks with: GPT-4, Claude 3.5 Sonnet, Gemini 1.5 Pro
0
What this prompt does
Applies the Eliminate-Reduce-Raise-Create framework from Blue Ocean Strategy to map out how to break from head-to-head competition.
- Compatible models:
- GPT-4, Claude 3.5 Sonnet, Gemini 1.5 Pro
- Category:
- Business
Applies the Eliminate-Reduce-Raise-Create framework from Blue Ocean Strategy to map out how to break from head-to-head competition. Use it when you want to identify a new market space for an underserved customer segment.
Apply the 'Eliminate-Reduce-Raise-Create' (ERRC) Grid from Blue Ocean Strategy to the [e.g., traditional retail banking] industry. The goal is to ideate a new banking model that appeals to gig economy workers and freelancers. Analyze the industry and propose specific factors for each of the four categories: What factors that the industry has long competed on can be ELIMINATED? Which factors can be REDUCED well below the industry standard? Which factors should be RAISED well above the industry standard? What new factors can be CREATED that the industry has never offered?
Source: https://hogonext.com/10-powerful-chatgpt-prompts-for-strategic-consulting/
Prompt Curator
120rep · asked Jun 17, 2026
0 Responses
Want to respond? Log in.