Blue Ocean Strategy, Expanded Edition - Deepstash
Blue Ocean Strategy, Expanded Edition

Blue Ocean Strategy, Expanded Edition

Renee Mauborgne, W. Chan Kim

10 ideas

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3.13K reads

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Blue Ocean Strategy 1

Blue Ocean Strategy 1

  • Companies can achieve high performance by creating new market spaces rather than fighting over existing market share.
  • Analytical tools and frameworks can help companies identify new market spaces and develop blue ocean strategies.
  • Companies can create new market spaces by challenging industry assumptions and redefining market boundaries.
  • Companies should focus on creating customer value and building brand equity rather than just maximizing profits.
  • Companies can create new market spaces by targeting non-customers and converting them into customers.

46

613 reads

Blue Ocean Strategy 2

  • Companies should first focus on creating customer value and then on capturing value.
  • Companies must overcome key organizational hurdles to successfully develop blue ocean strategies.
  • Companies must build execution into strategy to ensure successful implementation of blue ocean strategies.
  • Companies must continuously innovate and adapt to sustain high performance in blue oceans.

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425 reads

Reconstruct Market Boundaries

How companies can reconstruct market boundaries to create new market spaces. The six paths framework for identifying new market spaces and provide examples of companies that have successfully created new market spaces.

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349 reads

Focus on the Big Picture, Not the Numbers

Why companies should focus on the big picture rather than just the numbers when developing blue ocean strategies. Companies should focus on creating customer value and building brand equity rather than just maximizing profits.

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310 reads

Reach Beyond Existing Demand

How companies can reach beyond existing demand to create new market spaces. The three tiers of non-customers and provide examples of companies that have successfully reached beyond existing demand.

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287 reads

Get the Strategic Sequence Right

The importance of getting the strategic sequence right when developing blue ocean strategies. Companies should first focus on creating customer value and then on capturing value.

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252 reads

Overcome Key Organizational Hurdles

The key organizational hurdles that companies may face when developing blue ocean strategies. Advice on how to overcome these hurdles and create a culture of innovation.

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233 reads

Build Execution into Strategy

How companies can build execution into strategy to ensure successful implementation of blue ocean strategies. Advice on how to align organizational resources and capabilities with blue ocean strategies.

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214 reads

Renew Blue Oceans

How companies can renew blue oceans to sustain high performance. Companies must continuously innovate and adapt to changing market conditions.

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211 reads

Analytical Tools and Frameworks

The analytical tools and frameworks used in blue ocean strategy, including the strategy canvas, the four actions framework, the eliminate-reduce-raise-create grid, and the buyer utility map.

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236 reads

CURATED BY

sliceofhood

Industrial Mastery, Mentor, Light Worker, Nutritionist, Gymrat

CURATOR'S NOTE

"Blue Ocean Strategy" presents a systematic approach to creating new market spaces that can lead to sustained high performance.

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