The REICC technique is derived from the Blue Ocean Strategy, which focuses on creating new market spaces ("blue oceans") by innovating and differentiating offerings. REICC stands forRaise, Eliminate, Increase, Combine, and Create, and it helps teams rethink their products or services strategically. Here’s why the correct answers are A, D, and E:
Combine (A):Combining elements involves integrating features, processes, or ideas to create new value. SAP Consulting often uses this technique to explore synergies and uncover innovative solutions.
Reduce (D):Reducing elements involves identifying aspects of a product or service that can be minimized or simplified. This helps teams focus on what truly matters and eliminate unnecessary complexity.
Increase (E):Increasing elements involves enhancing features or attributes that add significant value to users. SAP emphasizes amplifying strengths to differentiate offerings and meet user needs more effectively.
Incorrect Options:
B. Consume:"Consume" is not part of the REICC framework. It does not align with the strategic actions outlined in the Blue Ocean Strategy.
C. Enhance:While "enhance" might sound similar to "increase," it is not a specific element of the REICC technique. The correct term is "increase."
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