A new framework is presented in this article that aims to provide a systematic approach to identifying potential strategies for businesses. This framework categorizes strategies into four groups based on their level of creativity, ranging from adapting an existing industry strategy to creating a brand new one from scratch.
The first group involves modifying an existing strategy to better suit a particular situation or market. The second group combines different existing industry strategies to create a unique approach. The third group imports successful strategies from other industries and applies them to a different industry. Finally, the most creative group involves creating a brand new strategy from scratch, which requires innovative thinking and an understanding of the market.
By categorizing strategies in this way, the framework provides businesses with a structured approach to exploring new opportunities and developing innovative solutions. It serves as a starting point for businesses looking to think outside the box and develop unique solutions to challenges they may face. Ultimately, the framework aims to help businesses unlock their creative potential and stay ahead in today’s competitive business landscape.
