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Industry/Market/Customer 
Goal 
(Job 
To 
Get 
Done): 
Problem 
Pain: 
(Un)Known 
PROFIT 
(Key 
Metrics) 
9 
7 
5 
3 
#BMYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing 
RED 
OCEAN 
BLUE 
OCEAN 
SoluKon 
Gain: 
(Un)Known 
Customer 
Segments 
Processes/ 
AcKviKes 
Internal 
Resources 
Inputs/ 
Partners 
Channels 
& 
RelaKon-­‐ 
ships 
Product/ 
Service 
9 
7 
5 
3 
COST 
(STRUCTURE) 
REVENUE 
(STREAMS) 
Price 
Star 
Performers 
Concessions 
Mul:ple 
Arenas 
Fun 
& 
Humor 
Theme/ 
Music 
& 
Dance/… 
Unique 
Venue 
Thrill 
& 
Danger 
1 
i 
ii 
iii 
iv 
v 
vi 
vii 
viii 
1 
i 
ii 
iii 
iv 
v 
vi 
vii 
viii 
Value 
Engine: 
Value 
Innova:on-­‐focus 
(ProposiDon: 
“We 
Reinvent 
the 
Circus”) 
Blue 
Ocean 
Strategy 
q Circus-­‐Theater 
q Adults 
q Corporate 
Clients 
q Family 
q Children 
q Ticket 
Office 
q Face-­‐to-­‐Face 
q Radio 
q TV; 
Other 
Media 
q Newspapers 
q Fringe 
FesDvals 
q Employees 
q FaciliDes/ 
Equipment/Rent 
q MarkeDng 
& 
Sales 
BOS: 
Six 
Principles 
Four 
AcDons 
F’work 
q E: 
Eliminate 
Star 
Performers/ 
Animal 
Shows/ 
Aisle 
Concessions/ 
Mul:ple 
Arenas 
q R: 
Reduce 
Fun 
& 
Humor/Thrill 
& 
Danger 
q I: 
Increase 
Unique 
Venue 
q C: 
Create 
Theme/ 
Music 
& 
Dance/ 
Mul:ple 
Prodn 
High 
Profit 
Margin 
q Ticket 
Sale 
(Premium) 
Low 
Profit 
Margin 
To 
experience 
live 
entertainment 
1 
2 
3 
4 
5 
Dynamic 
Dynamic 
Strategy 
Canvas 
(“As 
Is”) 
Strategy 
Canvas 
(“To 
Be”) 
Decision-­‐Making 
Dashboard 
Decision-­‐Making 
Dashboard
Industry/Market/Customer 
Goal 
(Job 
To 
Get 
Done): 
Problem 
Pain: 
(Un)Known 
PROFIT 
(Key 
Metrics) 
9 
7 
5 
3 
#BMYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing 
RED 
OCEAN 
BLUE 
OCEAN 
SoluKon 
Gain: 
(Un)Known 
Customer 
Segments 
Processes/ 
AcKviKes 
Internal 
Resources 
Inputs/ 
Partners 
Channels 
& 
RelaKon-­‐ 
ships 
Product/ 
Service 
9 
7 
5 
3 
COST 
(STRUCTURE) 
REVENUE 
(STREAMS) 
Price 
Star 
Performers 
Concessions 
Mul:ple 
Arenas 
Fun 
& 
Humor 
Theme/ 
Music 
& 
Dance/… 
Unique 
Venue 
Thrill 
& 
Danger 
1 
i 
ii 
iii 
iv 
v 
vi 
vii 
viii 
1 
i 
ii 
iii 
iv 
v 
vi 
vii 
viii 
Value 
Engine: 
Value 
Innova:on-­‐focus 
(ProposiDon: 
“We 
Reinvent 
the 
Circus”) 
Blue 
Ocean 
Strategy 
q Circus-­‐Theater 
q Adults 
q Corporate 
Clients 
q Family 
q Children 
q Ticket 
Office 
q Face-­‐to-­‐Face 
q Radio 
q TV; 
Other 
Media 
q Newspapers 
q Fringe 
FesDvals 
q Employees 
q FaciliDes/ 
Equipment/Rent 
q MarkeDng 
& 
Sales 
BOS: 
Six 
Principles 
Four 
AcDons 
F’work 
q E: 
Eliminate 
Star 
Performers/ 
Animal 
Shows/ 
Aisle 
Concessions/ 
Mul:ple 
Arenas 
q R: 
Reduce 
Fun 
& 
Humor/Thrill 
& 
Danger 
q I: 
Increase 
Unique 
Venue 
q C: 
Create 
Theme/ 
Music 
& 
Dance/ 
Mul:ple 
Prodn 
High 
Profit 
Margin 
q Ticket 
Sale 
(Premium) 
Low 
Profit 
Margin 
To 
experience 
live 
entertainment 
1 
2 
3 
4 
5 
Dynamic 
Dynamic 
Strategy 
Canvas 
(“As 
Is”) 
Strategy 
Canvas 
(“To 
Be”) 
Decision-­‐Making 
Dashboard 
Decision-­‐Making 
Dashboard
In 
this 
PresentaDon, 
Cirque 
du 
Soleil’s 
Blue 
Ocean 
Strategy 
is 
Featured 
Using 
A 
Business 
Model 
Yacht 
Invented 
by 
Dr. 
Rod 
King, 
a 
Business 
Model 
Yacht 
refers 
to 
a 
Kmeline-­‐ 
storymap 
for 
comprehensively 
documenKng, 
analyzing, 
planning, 
strategizing 
about, 
execuKng, 
and 
managing 
a 
business 
model 
(as 
well 
as 
value 
chain 
or 
any 
project) 
in 
space 
and 
Kme.
Industry/Market/Customer 
Goal 
(Job 
To 
Get 
Done): 
… 
……………………………..…………………. 
1 
2 
3 
4 
5 
(Done) 
(To 
Do/Vision) 
(Doing)
Industry/Market/Customer 
Goal 
(Job 
To 
Get 
Done): 
… 
……………………………..…………………. 
1 
2 
3 
4 
5 
(Done) 
(To 
Do/Vision) 
(Doing) 
Problem 
Pain: 
(Un)Known 
RED 
OCEAN 
BLUE 
OCEAN 
SoluKon 
Gain: 
(Un)Known
Industry/Market/Customer 
Goal 
(Job 
To 
Get 
Done): 
………………………………..…………………. 
Problem 
Pain: 
(Un)Known 
Customer 
Segments 
Processes/ 
AcKviKes 
#VCYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing 
RED 
OCEAN 
BLUE 
OCEAN 
SoluKon 
Gain: 
(Un)Known 
COST 
(STRUCTURE) 
REVENUE 
(STREAMS) 
Value 
Engine 
(ProposiDon/Strategy) 
Internal 
Resources 
Inputs/ 
Partners 
Channels 
& 
RelaKon-­‐ 
ships 
Product/ 
Service 
I 
n 
n 
o 
v 
a 
t 
I 
o 
n 
A 
c 
c 
co 
u 
n 
t 
i 
n 
g 
1 
2 
3 
4 
5 
PROFIT 
(Done) 
(To 
Do/Vision) 
(Doing)
What 
is 
the 
customer’s 
main 
goal 
(Job 
To 
Get 
Done: 
Problem 
Pain: 
(Un)Known 
#BMYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing 
RED 
OCEAN 
BLUE 
OCEAN 
SoluKon 
Gain: 
(Un)Known 
What 
are 
soluKons/ 
gains/benefits? 
Who 
is 
the 
customer? 
What 
are 
problems/ 
barriers/obstacles? 
How 
is 
product/service 
delivered 
to 
customer? 
What 
is 
the 
product/service? 
What 
is 
the 
big 
urgent 
problem/pain 
(soluDon/benefit)? 
What 
are 
key 
ac:vi:es 
or 
processes 
of 
the 
organiza-­‐ 
:on? 
What 
are 
internal 
resources 
(people; 
infra’; 
tech-­‐ 
nology)? 
What 
are 
key 
inputs/ 
partners? 
Physical/Intellectual/EmoDonal/Spiritual 
Hierarchy)? 
1 
2 
3 
4 
5 
6 
7 8 9 
10 
COST 
(STRUCTURE) 
REVENUE 
(STREAMS) 
PROFIT
Example
Problem 
Pain: 
(Un)Known 
q Agents 
for 
ArDsts 
q Suppliers 
High 
Profit 
Margin 
q Adults 
q Corporate 
Clients 
q Family 
q Children 
#BMYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing 
RED 
OCEAN 
BLUE 
OCEAN 
SoluKon 
Gain: 
(Un)Known 
Customer 
Segments 
Processes/ 
AcKviKes 
Internal 
Resources 
Channels 
& 
RelaKon-­‐ 
ships 
Product/ 
Service 
q Ticket 
Sale 
(Premium) 
COST 
(STRUCTURE) 
REVENUE 
(STREAMS) 
Value 
Engine: 
Value 
Innova:on-­‐focus 
(ProposiDon: 
“We 
Reinvent 
the 
Circus”) 
Blue 
Ocean 
Strategy 
q Employees 
q Brand/Culture 
q FaciliDes/ 
Equipment/ 
MulDple 
ProducDons 
q Circus-­‐Theater 
Entertainment 
q ArDsDc 
Show 
q Circus-­‐Theater 
q Employees 
q FaciliDes/ 
Equipment/Rent 
q MarkeDng 
& 
Sales 
q Ticket 
Office 
q Face-­‐to-­‐Face 
q Radio 
q TV; 
Other 
Media 
q Newspapers 
q Fringe 
FesDvals 
Industry/Market/Customer 
Goal 
(Job 
To 
Get 
Done): 
To 
experience 
live 
entertainment 
1 
2 
3 
4 
5 
PROFIT 
(Done) 
(To 
Do/Vision) 
(Doing)
Problem 
Pain: 
(Un)Known 
q Agents 
for 
ArDsts 
q Suppliers 
High 
Profit 
Margin 
q Adults 
q Corporate 
Clients 
q Family 
q Children 
#BMYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing 
RED 
OCEAN 
BLUE 
OCEAN 
SoluKon 
Gain: 
(Un)Known 
Customer 
Segments 
Processes/ 
AcKviKes 
Internal 
Resources 
Channels 
& 
RelaKon-­‐ 
ships 
Product/ 
Service 
q Ticket 
Sale 
(Premium) 
COST 
(STRUCTURE) 
REVENUE 
(STREAMS) 
Value 
Engine: 
Value 
Innova:on-­‐focus 
(ProposiDon: 
“We 
Reinvent 
the 
Circus”) 
Blue 
Ocean 
Strategy 
q Employees 
q Brand/Culture 
q FaciliDes/ 
Equipment/ 
MulDple 
ProducDons 
q Circus-­‐Theater 
Entertainment 
q ArDsDc 
Show 
q Circus-­‐Theater 
q Employees 
q FaciliDes/ 
Equipment/Rent 
q MarkeDng 
& 
Sales 
q Ticket 
Office 
q Face-­‐to-­‐Face 
q Radio 
q TV; 
Other 
Media 
q Newspapers 
q Fringe 
FesDvals 
Industry/Market/Customer 
Goal 
(Job 
To 
Get 
Done): 
To 
experience 
live 
entertainment 
1 
2 
3 
4 
5 
PROFIT 
(Done) 
(To 
Do/Vision) 
(Doing)
Problem 
Pain: 
(Un)Known 
New 
Entrants 
(Startups) 
High 
Profit 
Margin 
q Adults 
q Corporate 
Clients 
q Family 
q Children 
#BMYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing 
RED 
OCEAN 
BLUE 
OCEAN 
SoluKon 
Gain: 
(Un)Known 
Customer 
Segments 
Processes/ 
AcKviKes 
Internal 
Resources 
Channels 
& 
RelaKon-­‐ 
ships 
Product/ 
Service 
q Ticket 
Sale 
(Premium) 
COST 
(STRUCTURE) 
REVENUE 
(STREAMS) 
Value 
Engine: 
Value 
Innova:on-­‐focus 
(ProposiDon: 
“We 
Reinvent 
the 
Circus”) 
Blue 
Ocean 
Strategy 
q Employees 
q Brand/Culture 
q FaciliDes/ 
Equipment/ 
MulDple 
ProducDons 
q Circus-­‐Theater 
Entertainment 
q ArDsDc 
Show 
q Circus-­‐Theater 
q Employees 
q FaciliDes/ 
Equipment/Rent 
q MarkeDng 
& 
Sales 
SubsD-­‐ 
tutes 
(Incumbents) 
q Agents 
for 
ArDsts 
q Suppliers 
q Ticket 
Office 
q Face-­‐to-­‐Face 
q Radio 
q TV; 
Other 
Media 
q Newspapers 
q Fringe 
FesDvals 
Industry/Market/Customer 
Goal 
(Job 
To 
Get 
Done): 
To 
experience 
live 
entertainment 
1 
2 
3 
4 
5 
PROFIT 
(Done) 
(To 
Do/Vision) 
(Doing)
Problem 
Pain: 
(Un)Known 
New 
Entrants 
(Startups) 
High 
Profit 
Margin 
q Adults 
q Corporate 
Clients 
q Family 
q Children 
#BMYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing 
RED 
OCEAN 
BLUE 
OCEAN 
SoluKon 
Gain: 
(Un)Known 
Customer 
Segments 
Processes/ 
AcKviKes 
Internal 
Resources 
Channels 
& 
RelaKon-­‐ 
ships 
Product/ 
Service 
q Ticket 
Sale 
(Premium) 
COST 
(STRUCTURE) 
REVENUE 
(STREAMS) 
Value 
Engine: 
Value 
Innova:on-­‐focus 
(ProposiDon: 
“We 
Reinvent 
the 
Circus”) 
Blue 
Ocean 
Strategy 
q Employees 
q Brand/Culture 
q FaciliDes/ 
Equipment/ 
MulDple 
ProducDons 
q Circus-­‐Theater 
Entertainment 
q ArDsDc 
Show 
q Circus-­‐Theater 
q Employees 
q FaciliDes/ 
Equipment/Rent 
q MarkeDng 
& 
Sales 
SubsD-­‐ 
tutes 
(Incumbents) 
Outdoor 
Sports/Games 
Theater 
Musical 
(Electronic 
Games) 
q Agents 
for 
ArDsts 
q Suppliers 
q Ticket 
Office 
q Face-­‐to-­‐Face 
q Radio 
q TV; 
Other 
Media 
q Newspapers 
q Fringe 
FesDvals 
Industry/Market/Customer 
Goal 
(Job 
To 
Get 
Done): 
To 
experience 
live 
entertainment 
1 
2 
3 
4 
5 
PROFIT 
(Done) 
(To 
Do/Vision) 
(Doing)
Problem 
Pain: 
(Un)Known 
New 
Entrants 
(Startups) 
Outdoor 
Sports/Games 
Theater 
Musical 
High 
Profit 
Margin 
q Adults 
q Corporate 
Clients 
q Family 
q Children 
#BMYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing 
RED 
OCEAN 
BLUE 
OCEAN 
SoluKon 
Gain: 
(Un)Known 
Customer 
Segments 
Processes/ 
AcKviKes 
Internal 
Resources 
Channels 
& 
RelaKon-­‐ 
ships 
Product/ 
Service 
q Ticket 
Sale 
(Premium) 
COST 
(STRUCTURE) 
REVENUE 
(STREAMS) 
Value 
Engine: 
Value 
Innova:on-­‐focus 
(ProposiDon: 
“We 
Reinvent 
the 
Circus”) 
Blue 
Ocean 
Strategy 
q Employees 
q Brand/Culture 
q FaciliDes/ 
Equipment/ 
MulDple 
ProducDons 
q Circus-­‐Theater 
Entertainment 
q ArDsDc 
Show 
q Agents 
for 
ArDsts 
q Suppliers 
q Circus-­‐Theater 
q Employees 
q FaciliDes/ 
Equipment/Rent 
q MarkeDng 
& 
Sales 
SubsD-­‐ 
tutes 
(Incumbents) 
Comple-­‐ 
mentors 
Influenc-­‐ 
ers 
(Electronic 
Games) 
q Ticket 
Office 
q Face-­‐to-­‐Face 
q Radio 
q TV; 
Other 
Media 
q Newspapers 
q Fringe 
FesDvals 
Industry/Market/Customer 
Goal 
(Job 
To 
Get 
Done): 
To 
experience 
live 
entertainment 
1 
2 
3 
4 
5 
PROFIT 
(Done) 
(To 
Do/Vision) 
(Doing)
Problem 
Pain: 
(Un)Known 
High 
Profit 
Margin 
q Adults 
q Corporate 
Clients 
q Family 
q Children 
#BMYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing 
RED 
OCEAN 
BLUE 
OCEAN 
SoluKon 
Gain: 
(Un)Known 
Customer 
Segments 
Processes/ 
AcKviKes 
Internal 
Resources 
Channels 
& 
RelaKon-­‐ 
ships 
Product/ 
Service 
q Ticket 
Sale 
(Premium) 
COST 
(STRUCTURE) 
REVENUE 
(STREAMS) 
Value 
Engine: 
Value 
Innova:on-­‐focus 
(ProposiDon: 
“We 
Reinvent 
the 
Circus”) 
Blue 
Ocean 
Strategy 
q Employees 
q Brand/Culture 
q FaciliDes/ 
Equipment/ 
MulDple 
ProducDons 
q Circus-­‐Theater 
Entertainment 
q ArDsDc 
Show 
q Circus-­‐Theater 
q Employees 
q FaciliDes/ 
Equipment/Rent 
q MarkeDng 
& 
Sales 
Forces 
Against 
Forces 
For 
q Agents 
for 
ArDsts 
q Suppliers 
q Ticket 
Office 
q Face-­‐to-­‐Face 
q Radio 
q TV; 
Other 
Media 
q Newspapers 
q Fringe 
FesDvals 
Industry/Market/Customer 
Goal 
(Job 
To 
Get 
Done): 
To 
experience 
live 
entertainment 
1 
2 
3 
4 
5 
PROFIT 
(Done) 
(To 
Do/Vision) 
(Doing)
Problem 
Pain: 
(Un)Known 
High 
Profit 
Margin 
q Adults 
q Corporate 
Clients 
q Family 
q Children 
#BMYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing 
RED 
OCEAN 
BLUE 
OCEAN 
SoluKon 
Gain: 
(Un)Known 
Customer 
Segments 
Processes/ 
AcKviKes 
Internal 
Resources 
Channels 
& 
RelaKon-­‐ 
ships 
Product/ 
Service 
q Ticket 
Sale 
(Premium) 
COST 
(STRUCTURE) 
REVENUE 
(STREAMS) 
Value 
Engine: 
Value 
Innova:on-­‐focus 
(ProposiDon: 
“We 
Reinvent 
the 
Circus”) 
Blue 
Ocean 
Strategy 
q Employees 
q Brand/Culture 
q FaciliDes/ 
Equipment/ 
MulDple 
ProducDons 
q Circus-­‐Theater 
Entertainment 
q ArDsDc 
Show 
q Circus-­‐Theater 
q Employees 
q FaciliDes/ 
Equipment/Rent 
q MarkeDng 
& 
Sales 
S: 
Strengths 
O: 
Opportuni-­‐ 
Des 
W: 
Weaknesses 
T: 
Threats 
q Agents 
for 
ArDsts 
q Suppliers 
q Ticket 
Office 
q Face-­‐to-­‐Face 
q Radio 
q TV; 
Other 
Media 
q Newspapers 
q Fringe 
FesDvals 
Industry/Market/Customer 
Goal 
(Job 
To 
Get 
Done): 
To 
experience 
live 
entertainment 
1 
2 
3 
4 
5 
PROFIT 
(Done) 
(To 
Do/Vision) 
(Doing)
Stage/Tollgate 
Theme/Project 
1. 
ConcepKon 
(Problem/JTGD) 
2. 
Pretotype 
(ChaoDc) 
3. 
Prototype 
(Complex) 
4. 
Pilot 
(Complicated) 
5. 
Full 
Scale 
(Simple) 
NATURE 
Fill 
a 
Niche/DNA: 
Solve 
Problem/ 
Resolve 
Trade-­‐off 
in 
Ecosystem 
RINGLING 
BROS. 
Red 
Ocean 
Circus: 
Create/Launch 
a 
Classic 
Circus 
Business 
“The 
Greatest 
Show 
on 
Earth” 
Classic 
Traveling 
Circus 
Tollgate 
Criteria 
(Level 
of 
Interest) 
CIRQUE 
DU 
SOLEIL 
Blue 
Ocean 
Circus: 
Create/Launch 
a 
Circus-­‐Theater; 
“We 
Reinvent 
the 
Circus” 
Traveling 
Street 
Performers: 
2 
No. 
Traveling 
Street 
Performers: 
Small 
Ensemble 
Traveling 
Circus-­‐ 
Theater: 
Large 
Ensemble 
Resident 
Circus-­‐ 
Theater 
with 
Own/ 
Permanent 
Venue 
for 
Entertainment 
Tollgate 
Criteria 
(Level 
of 
Interest) 
Every 
Great 
Idea 
or 
Industry 
Sai 
ls 
Through 
a 
Lifecycle 
of 
5 
Stages
Industry/Market/Customer 
Goal 
(Job 
To 
Get 
Done): 
………………………………..…………………. 
RED 
OCEAN 
1 
2 
3 
4 
5 
BLUE 
OCEAN 
(To 
Do/Vision) 
SoluKon 
Gain: 
(Un)Known 
(Done) 
Problem 
Pain: 
(Un)Known 
Method 
Disrupt 
a 
leading 
product/ 
service/business 
model 
to 
create 
a 
really 
different 
and 
valuable 
experience 
(Doing) 
(Strategy) 
Develop, 
test, 
and 
validate 
a 
massive 
level 
of 
customer 
interest 
(for 
each 
stage 
of 
the 
idea 
lifecycle) 
1 2 
Make 
extraordinary 
profit 
(margin) 
3 
#VCYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing
Every 
Great 
Idea 
Sails 
Thro 
ugh 
a 
Lifecycle 
of 
5 
Stages 
1. 
CONCEPT 
(PROBLEM/IDEA) 
2. 
PRETOTYPE 
3. 
RED 
OCEAN 
(ExisKng) 
COMPETITORS 
PROTOTYPE 
4. 
PILOT 
5. 
FULL 
SCALE 
1 
2 
3 
4 
5 
#BMYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing
Enterprise 
Periodic 
Table 
(EPT) 
of 
Business 
Model 
Elements: 
10 
QuesDons 
For 
Visually 
Designing 
and 
Using 
Tools 
Such 
as 
Brainstorming, 
Experiment 
Board, 
Business 
Model 
Canvas, 
Lean 
Canvas, 
Value 
Chain, 
and 
SIPOC 
Process 
Diagram 
ELEMENT 
ICON 
DESCRIPTION 
SYMBOL 
THEME: 
QUESTION 
CUSTOMER 
CS 
Who 
is 
the 
customer? 
PRODUCT 
PS 
What 
is 
the 
product/service? 
CHANNEL 
CH/CR 
How 
is 
the 
product/service 
delivered 
to 
customer? 
GOAL/JOB 
JTGD 
What 
is 
the 
customer’s 
main 
goal 
(Job 
To 
Get 
Done: 
Physical/Intellectual/EmoKonal/Spiritual 
Hierarchy)? 
PROBLEM 
Prob 
What 
are 
problems/pains/barriers/obstacles? 
VALUE 
VP 
What 
is 
the 
big 
urgent 
problem/pain 
(soluKon/benefit)? 
INPUT 
KP 
What 
are 
key 
inputs/partners? 
INTERNAL 
RESOURCES 
KR 
What 
are 
internal 
resources 
(people; 
infra’; 
technology)? 
PROCESS 
KA 
What 
are 
key 
acCviCes 
or 
processes 
of 
the 
organizaCon? 
SOLUTION 
Soln 
What 
are 
soluKons/gains/benefits? 
#BMYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing 
1 
2 
3 
4 
5 
6 
7 
8 
9 
10
Enterprise 
Periodic 
Table 
(EPT) 
of 
Business 
Model 
Elements: 
10 
QuesDons 
For 
Visually 
Designing 
and 
Using 
Tools 
Such 
as 
Brainstorming, 
Experiment 
Board, 
Business 
Model 
Canvas, 
Lean 
Canvas, 
Value 
Chain, 
and 
SIPOC 
Process 
Diagram 
ELEMENT 
ICON 
DESCRIPTION 
SYMBOL 
THEME: 
CUSTOMER 
CS 
PRODUCT 
PS 
CHANNEL 
CH/CR 
GOAL/JOB 
JTGD 
PROBLEM 
Prob 
VALUE 
VP 
INPUT 
KP 
INTERNAL 
RESOURCES 
KR 
PROCESS 
KA 
SOLUTION 
Soln 
#BMYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing 
1 
2 
3 
4 
5 
6 
7 
8 
9 
10
Industry/Market/Customer 
Goal 
(Job 
To 
Get 
Done): 
………………………………..…………………. 
Problem 
Pain: 
(Un)Known 
Customer 
Segments 
Processes/ 
AcKviKes 
u LEARN 
Big 
Urgent 
Market 
Problem 
(BUMP) 
u MEASURE 
Engagement/ 
Acquisi:on/Ac:va:on/ 
Reten:on/Referral/Revenue 
Pretotype/Prototype/Pilot/ 
Full 
Scale 
#VCYacht. 
Dr. 
Rod 
King. 
rodkuhnhking@gmail.com 
& 
h:p://businessmodels.ning.com 
& 
h:p://twi:er.com/RodKuhnKing 
RED 
OCEAN 
BLUE 
OCEAN 
SoluKon 
Gain: 
(Un)Known 
COST 
(STRUCTURE) 
REVENUE 
(STREAMS) 
Value 
Engine 
(ProposiDon/Strategy) 
Internal 
Resources 
Inputs/ 
Partners 
Channels 
& 
RelaKon-­‐ 
ships 
Product/ 
Service 
u BUILD 
I 
n 
n 
o 
v 
a 
t 
I 
o 
n 
A 
c 
c 
co 
u 
n 
t 
i 
n 
g 
1 
2 
3 
4 
5 
(Done) 
(To 
Do/Vision) 
(Doing) 
PROFIT

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Reinventing the Circus Using Blue Ocean Strategy

  • 1. Industry/Market/Customer Goal (Job To Get Done): Problem Pain: (Un)Known PROFIT (Key Metrics) 9 7 5 3 #BMYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing RED OCEAN BLUE OCEAN SoluKon Gain: (Un)Known Customer Segments Processes/ AcKviKes Internal Resources Inputs/ Partners Channels & RelaKon-­‐ ships Product/ Service 9 7 5 3 COST (STRUCTURE) REVENUE (STREAMS) Price Star Performers Concessions Mul:ple Arenas Fun & Humor Theme/ Music & Dance/… Unique Venue Thrill & Danger 1 i ii iii iv v vi vii viii 1 i ii iii iv v vi vii viii Value Engine: Value Innova:on-­‐focus (ProposiDon: “We Reinvent the Circus”) Blue Ocean Strategy q Circus-­‐Theater q Adults q Corporate Clients q Family q Children q Ticket Office q Face-­‐to-­‐Face q Radio q TV; Other Media q Newspapers q Fringe FesDvals q Employees q FaciliDes/ Equipment/Rent q MarkeDng & Sales BOS: Six Principles Four AcDons F’work q E: Eliminate Star Performers/ Animal Shows/ Aisle Concessions/ Mul:ple Arenas q R: Reduce Fun & Humor/Thrill & Danger q I: Increase Unique Venue q C: Create Theme/ Music & Dance/ Mul:ple Prodn High Profit Margin q Ticket Sale (Premium) Low Profit Margin To experience live entertainment 1 2 3 4 5 Dynamic Dynamic Strategy Canvas (“As Is”) Strategy Canvas (“To Be”) Decision-­‐Making Dashboard Decision-­‐Making Dashboard
  • 2. Industry/Market/Customer Goal (Job To Get Done): Problem Pain: (Un)Known PROFIT (Key Metrics) 9 7 5 3 #BMYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing RED OCEAN BLUE OCEAN SoluKon Gain: (Un)Known Customer Segments Processes/ AcKviKes Internal Resources Inputs/ Partners Channels & RelaKon-­‐ ships Product/ Service 9 7 5 3 COST (STRUCTURE) REVENUE (STREAMS) Price Star Performers Concessions Mul:ple Arenas Fun & Humor Theme/ Music & Dance/… Unique Venue Thrill & Danger 1 i ii iii iv v vi vii viii 1 i ii iii iv v vi vii viii Value Engine: Value Innova:on-­‐focus (ProposiDon: “We Reinvent the Circus”) Blue Ocean Strategy q Circus-­‐Theater q Adults q Corporate Clients q Family q Children q Ticket Office q Face-­‐to-­‐Face q Radio q TV; Other Media q Newspapers q Fringe FesDvals q Employees q FaciliDes/ Equipment/Rent q MarkeDng & Sales BOS: Six Principles Four AcDons F’work q E: Eliminate Star Performers/ Animal Shows/ Aisle Concessions/ Mul:ple Arenas q R: Reduce Fun & Humor/Thrill & Danger q I: Increase Unique Venue q C: Create Theme/ Music & Dance/ Mul:ple Prodn High Profit Margin q Ticket Sale (Premium) Low Profit Margin To experience live entertainment 1 2 3 4 5 Dynamic Dynamic Strategy Canvas (“As Is”) Strategy Canvas (“To Be”) Decision-­‐Making Dashboard Decision-­‐Making Dashboard
  • 3. In this PresentaDon, Cirque du Soleil’s Blue Ocean Strategy is Featured Using A Business Model Yacht Invented by Dr. Rod King, a Business Model Yacht refers to a Kmeline-­‐ storymap for comprehensively documenKng, analyzing, planning, strategizing about, execuKng, and managing a business model (as well as value chain or any project) in space and Kme.
  • 4. Industry/Market/Customer Goal (Job To Get Done): … ……………………………..…………………. 1 2 3 4 5 (Done) (To Do/Vision) (Doing)
  • 5. Industry/Market/Customer Goal (Job To Get Done): … ……………………………..…………………. 1 2 3 4 5 (Done) (To Do/Vision) (Doing) Problem Pain: (Un)Known RED OCEAN BLUE OCEAN SoluKon Gain: (Un)Known
  • 6. Industry/Market/Customer Goal (Job To Get Done): ………………………………..…………………. Problem Pain: (Un)Known Customer Segments Processes/ AcKviKes #VCYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing RED OCEAN BLUE OCEAN SoluKon Gain: (Un)Known COST (STRUCTURE) REVENUE (STREAMS) Value Engine (ProposiDon/Strategy) Internal Resources Inputs/ Partners Channels & RelaKon-­‐ ships Product/ Service I n n o v a t I o n A c c co u n t i n g 1 2 3 4 5 PROFIT (Done) (To Do/Vision) (Doing)
  • 7. What is the customer’s main goal (Job To Get Done: Problem Pain: (Un)Known #BMYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing RED OCEAN BLUE OCEAN SoluKon Gain: (Un)Known What are soluKons/ gains/benefits? Who is the customer? What are problems/ barriers/obstacles? How is product/service delivered to customer? What is the product/service? What is the big urgent problem/pain (soluDon/benefit)? What are key ac:vi:es or processes of the organiza-­‐ :on? What are internal resources (people; infra’; tech-­‐ nology)? What are key inputs/ partners? Physical/Intellectual/EmoDonal/Spiritual Hierarchy)? 1 2 3 4 5 6 7 8 9 10 COST (STRUCTURE) REVENUE (STREAMS) PROFIT
  • 9. Problem Pain: (Un)Known q Agents for ArDsts q Suppliers High Profit Margin q Adults q Corporate Clients q Family q Children #BMYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing RED OCEAN BLUE OCEAN SoluKon Gain: (Un)Known Customer Segments Processes/ AcKviKes Internal Resources Channels & RelaKon-­‐ ships Product/ Service q Ticket Sale (Premium) COST (STRUCTURE) REVENUE (STREAMS) Value Engine: Value Innova:on-­‐focus (ProposiDon: “We Reinvent the Circus”) Blue Ocean Strategy q Employees q Brand/Culture q FaciliDes/ Equipment/ MulDple ProducDons q Circus-­‐Theater Entertainment q ArDsDc Show q Circus-­‐Theater q Employees q FaciliDes/ Equipment/Rent q MarkeDng & Sales q Ticket Office q Face-­‐to-­‐Face q Radio q TV; Other Media q Newspapers q Fringe FesDvals Industry/Market/Customer Goal (Job To Get Done): To experience live entertainment 1 2 3 4 5 PROFIT (Done) (To Do/Vision) (Doing)
  • 10. Problem Pain: (Un)Known q Agents for ArDsts q Suppliers High Profit Margin q Adults q Corporate Clients q Family q Children #BMYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing RED OCEAN BLUE OCEAN SoluKon Gain: (Un)Known Customer Segments Processes/ AcKviKes Internal Resources Channels & RelaKon-­‐ ships Product/ Service q Ticket Sale (Premium) COST (STRUCTURE) REVENUE (STREAMS) Value Engine: Value Innova:on-­‐focus (ProposiDon: “We Reinvent the Circus”) Blue Ocean Strategy q Employees q Brand/Culture q FaciliDes/ Equipment/ MulDple ProducDons q Circus-­‐Theater Entertainment q ArDsDc Show q Circus-­‐Theater q Employees q FaciliDes/ Equipment/Rent q MarkeDng & Sales q Ticket Office q Face-­‐to-­‐Face q Radio q TV; Other Media q Newspapers q Fringe FesDvals Industry/Market/Customer Goal (Job To Get Done): To experience live entertainment 1 2 3 4 5 PROFIT (Done) (To Do/Vision) (Doing)
  • 11. Problem Pain: (Un)Known New Entrants (Startups) High Profit Margin q Adults q Corporate Clients q Family q Children #BMYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing RED OCEAN BLUE OCEAN SoluKon Gain: (Un)Known Customer Segments Processes/ AcKviKes Internal Resources Channels & RelaKon-­‐ ships Product/ Service q Ticket Sale (Premium) COST (STRUCTURE) REVENUE (STREAMS) Value Engine: Value Innova:on-­‐focus (ProposiDon: “We Reinvent the Circus”) Blue Ocean Strategy q Employees q Brand/Culture q FaciliDes/ Equipment/ MulDple ProducDons q Circus-­‐Theater Entertainment q ArDsDc Show q Circus-­‐Theater q Employees q FaciliDes/ Equipment/Rent q MarkeDng & Sales SubsD-­‐ tutes (Incumbents) q Agents for ArDsts q Suppliers q Ticket Office q Face-­‐to-­‐Face q Radio q TV; Other Media q Newspapers q Fringe FesDvals Industry/Market/Customer Goal (Job To Get Done): To experience live entertainment 1 2 3 4 5 PROFIT (Done) (To Do/Vision) (Doing)
  • 12. Problem Pain: (Un)Known New Entrants (Startups) High Profit Margin q Adults q Corporate Clients q Family q Children #BMYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing RED OCEAN BLUE OCEAN SoluKon Gain: (Un)Known Customer Segments Processes/ AcKviKes Internal Resources Channels & RelaKon-­‐ ships Product/ Service q Ticket Sale (Premium) COST (STRUCTURE) REVENUE (STREAMS) Value Engine: Value Innova:on-­‐focus (ProposiDon: “We Reinvent the Circus”) Blue Ocean Strategy q Employees q Brand/Culture q FaciliDes/ Equipment/ MulDple ProducDons q Circus-­‐Theater Entertainment q ArDsDc Show q Circus-­‐Theater q Employees q FaciliDes/ Equipment/Rent q MarkeDng & Sales SubsD-­‐ tutes (Incumbents) Outdoor Sports/Games Theater Musical (Electronic Games) q Agents for ArDsts q Suppliers q Ticket Office q Face-­‐to-­‐Face q Radio q TV; Other Media q Newspapers q Fringe FesDvals Industry/Market/Customer Goal (Job To Get Done): To experience live entertainment 1 2 3 4 5 PROFIT (Done) (To Do/Vision) (Doing)
  • 13. Problem Pain: (Un)Known New Entrants (Startups) Outdoor Sports/Games Theater Musical High Profit Margin q Adults q Corporate Clients q Family q Children #BMYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing RED OCEAN BLUE OCEAN SoluKon Gain: (Un)Known Customer Segments Processes/ AcKviKes Internal Resources Channels & RelaKon-­‐ ships Product/ Service q Ticket Sale (Premium) COST (STRUCTURE) REVENUE (STREAMS) Value Engine: Value Innova:on-­‐focus (ProposiDon: “We Reinvent the Circus”) Blue Ocean Strategy q Employees q Brand/Culture q FaciliDes/ Equipment/ MulDple ProducDons q Circus-­‐Theater Entertainment q ArDsDc Show q Agents for ArDsts q Suppliers q Circus-­‐Theater q Employees q FaciliDes/ Equipment/Rent q MarkeDng & Sales SubsD-­‐ tutes (Incumbents) Comple-­‐ mentors Influenc-­‐ ers (Electronic Games) q Ticket Office q Face-­‐to-­‐Face q Radio q TV; Other Media q Newspapers q Fringe FesDvals Industry/Market/Customer Goal (Job To Get Done): To experience live entertainment 1 2 3 4 5 PROFIT (Done) (To Do/Vision) (Doing)
  • 14. Problem Pain: (Un)Known High Profit Margin q Adults q Corporate Clients q Family q Children #BMYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing RED OCEAN BLUE OCEAN SoluKon Gain: (Un)Known Customer Segments Processes/ AcKviKes Internal Resources Channels & RelaKon-­‐ ships Product/ Service q Ticket Sale (Premium) COST (STRUCTURE) REVENUE (STREAMS) Value Engine: Value Innova:on-­‐focus (ProposiDon: “We Reinvent the Circus”) Blue Ocean Strategy q Employees q Brand/Culture q FaciliDes/ Equipment/ MulDple ProducDons q Circus-­‐Theater Entertainment q ArDsDc Show q Circus-­‐Theater q Employees q FaciliDes/ Equipment/Rent q MarkeDng & Sales Forces Against Forces For q Agents for ArDsts q Suppliers q Ticket Office q Face-­‐to-­‐Face q Radio q TV; Other Media q Newspapers q Fringe FesDvals Industry/Market/Customer Goal (Job To Get Done): To experience live entertainment 1 2 3 4 5 PROFIT (Done) (To Do/Vision) (Doing)
  • 15. Problem Pain: (Un)Known High Profit Margin q Adults q Corporate Clients q Family q Children #BMYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing RED OCEAN BLUE OCEAN SoluKon Gain: (Un)Known Customer Segments Processes/ AcKviKes Internal Resources Channels & RelaKon-­‐ ships Product/ Service q Ticket Sale (Premium) COST (STRUCTURE) REVENUE (STREAMS) Value Engine: Value Innova:on-­‐focus (ProposiDon: “We Reinvent the Circus”) Blue Ocean Strategy q Employees q Brand/Culture q FaciliDes/ Equipment/ MulDple ProducDons q Circus-­‐Theater Entertainment q ArDsDc Show q Circus-­‐Theater q Employees q FaciliDes/ Equipment/Rent q MarkeDng & Sales S: Strengths O: Opportuni-­‐ Des W: Weaknesses T: Threats q Agents for ArDsts q Suppliers q Ticket Office q Face-­‐to-­‐Face q Radio q TV; Other Media q Newspapers q Fringe FesDvals Industry/Market/Customer Goal (Job To Get Done): To experience live entertainment 1 2 3 4 5 PROFIT (Done) (To Do/Vision) (Doing)
  • 16. Stage/Tollgate Theme/Project 1. ConcepKon (Problem/JTGD) 2. Pretotype (ChaoDc) 3. Prototype (Complex) 4. Pilot (Complicated) 5. Full Scale (Simple) NATURE Fill a Niche/DNA: Solve Problem/ Resolve Trade-­‐off in Ecosystem RINGLING BROS. Red Ocean Circus: Create/Launch a Classic Circus Business “The Greatest Show on Earth” Classic Traveling Circus Tollgate Criteria (Level of Interest) CIRQUE DU SOLEIL Blue Ocean Circus: Create/Launch a Circus-­‐Theater; “We Reinvent the Circus” Traveling Street Performers: 2 No. Traveling Street Performers: Small Ensemble Traveling Circus-­‐ Theater: Large Ensemble Resident Circus-­‐ Theater with Own/ Permanent Venue for Entertainment Tollgate Criteria (Level of Interest) Every Great Idea or Industry Sai ls Through a Lifecycle of 5 Stages
  • 17. Industry/Market/Customer Goal (Job To Get Done): ………………………………..…………………. RED OCEAN 1 2 3 4 5 BLUE OCEAN (To Do/Vision) SoluKon Gain: (Un)Known (Done) Problem Pain: (Un)Known Method Disrupt a leading product/ service/business model to create a really different and valuable experience (Doing) (Strategy) Develop, test, and validate a massive level of customer interest (for each stage of the idea lifecycle) 1 2 Make extraordinary profit (margin) 3 #VCYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing
  • 18. Every Great Idea Sails Thro ugh a Lifecycle of 5 Stages 1. CONCEPT (PROBLEM/IDEA) 2. PRETOTYPE 3. RED OCEAN (ExisKng) COMPETITORS PROTOTYPE 4. PILOT 5. FULL SCALE 1 2 3 4 5 #BMYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing
  • 19. Enterprise Periodic Table (EPT) of Business Model Elements: 10 QuesDons For Visually Designing and Using Tools Such as Brainstorming, Experiment Board, Business Model Canvas, Lean Canvas, Value Chain, and SIPOC Process Diagram ELEMENT ICON DESCRIPTION SYMBOL THEME: QUESTION CUSTOMER CS Who is the customer? PRODUCT PS What is the product/service? CHANNEL CH/CR How is the product/service delivered to customer? GOAL/JOB JTGD What is the customer’s main goal (Job To Get Done: Physical/Intellectual/EmoKonal/Spiritual Hierarchy)? PROBLEM Prob What are problems/pains/barriers/obstacles? VALUE VP What is the big urgent problem/pain (soluKon/benefit)? INPUT KP What are key inputs/partners? INTERNAL RESOURCES KR What are internal resources (people; infra’; technology)? PROCESS KA What are key acCviCes or processes of the organizaCon? SOLUTION Soln What are soluKons/gains/benefits? #BMYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing 1 2 3 4 5 6 7 8 9 10
  • 20. Enterprise Periodic Table (EPT) of Business Model Elements: 10 QuesDons For Visually Designing and Using Tools Such as Brainstorming, Experiment Board, Business Model Canvas, Lean Canvas, Value Chain, and SIPOC Process Diagram ELEMENT ICON DESCRIPTION SYMBOL THEME: CUSTOMER CS PRODUCT PS CHANNEL CH/CR GOAL/JOB JTGD PROBLEM Prob VALUE VP INPUT KP INTERNAL RESOURCES KR PROCESS KA SOLUTION Soln #BMYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing 1 2 3 4 5 6 7 8 9 10
  • 21. Industry/Market/Customer Goal (Job To Get Done): ………………………………..…………………. Problem Pain: (Un)Known Customer Segments Processes/ AcKviKes u LEARN Big Urgent Market Problem (BUMP) u MEASURE Engagement/ Acquisi:on/Ac:va:on/ Reten:on/Referral/Revenue Pretotype/Prototype/Pilot/ Full Scale #VCYacht. Dr. Rod King. rodkuhnhking@gmail.com & h:p://businessmodels.ning.com & h:p://twi:er.com/RodKuhnKing RED OCEAN BLUE OCEAN SoluKon Gain: (Un)Known COST (STRUCTURE) REVENUE (STREAMS) Value Engine (ProposiDon/Strategy) Internal Resources Inputs/ Partners Channels & RelaKon-­‐ ships Product/ Service u BUILD I n n o v a t I o n A c c co u n t i n g 1 2 3 4 5 (Done) (To Do/Vision) (Doing) PROFIT