If you survived your first night, chances are your hemorrhage is under control. 1  Continue to drink. A lot. 2  Inspect thoroughly. Remove articles of clothing to do so. 3  Thoroughly clean the wound (this is the most important step). Clean water is best, but anything should be fine.  Donât attempt to suture close any open wounds.
For each strategic option, ask yourself how you could use that strategy to: 1  Reduce or manage supplier power. 2  Reduce or manage buyer/customer power. 3  Come out on top of the competitive rivalry. 4  Reduce or eliminate the threat of substitution. 5  Reduce or eliminate the threat of new entry.
Creating new value means more than developing new technologies, products, and services using traditional product development processes. Strategic innovation covers all areas of the business model âcustomer experiences, distribution channels, modes of delivery, partner networks, and market spaces.