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What is a Pioneer-Migrator-Settler Map (PMS Map)?

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Steven
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Steven, UK

What is a Pioneer-Migrator-Settler Map (PMS Map)?

In Blue Ocean Strategy, what is a Pioneer-Migrator-Settler Map? I read it is a key tool in the Blue Ocean Strategy process that involves plotting each offering or product as to whether it is a:
- Pioneer, (diverting from the competition, high growth and profit potential, Blue Ocean)
- Settler (little growth or profit potential, lots of competition, Red Ocean)
- Migrator (has potential to be Blue Ocean, but isn’t at this point).
Who can contribuite some more information about the PMS Chart? Many thanks...

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Pioneers-Migrators-Settlers Map Example

Settlers are defined as me-too businesses, migrators are business offerings better than most in the marketplace, and a company's pioneers are the businesses that offer unprecedented value.
Here's a screenshot how it looks like:

 

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More on Blue Ocean Strategy
Summary Discussion Topics
topic Visionary Leadership and Blue Ocean Strategy
topic Purple Ocean Strategy
topic Blue, Green or Even Violet Ocean Strategies
topic Strategic Sequence: Best Practices and Pitfalls
topic Blue Ocean Strategy Disadvantages
topic Six Paths to Moving from Red to Blue Ocean
topic A BOS is Creating a New Mental Category
👀What is a Pioneer-Migrator-Settler Map (PMS Map)?
topic Why is it Called 'Blue' Ocean Strategy?
topic BOS = Niche Market Strategy
topic Differences in BOS / ROS Cultures
topic Blue Ocean Strategy in Small Companies
topic How to Avoid Imitation of Blue Ocean Strategy?
topic Can a Blue Ocean Eventually Turn Into a Red Ocean?
topic The Four Actions Framework for Blue Ocean Strategy
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topic Porter Model vs Blue Ocean Strategy
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