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Blue Ocean Strategy : How to Create Uncontested Market Space and Make the Competition Irrelevant - Kim W. Chan

Blue Ocean Strategy

How to Create Uncontested Market Space and Make the Competition Irrelevant

Hardcover

Published: 1st February 2005
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Winning by not competing: a fresh approach to strategy

Since the dawn of the industrial age, companies have engaged in head-to-head competition in search of sustained, profitable growth. They have fought for competitive advantage, battled over market share, and struggled for differentiation.

Yet these hallmarks of competitive strategy are not the way to create profitable growth in the future. In a book that challenges everything you thought you knew about the requirements for strategic success, W. Chan Kim and Renee Mauborgne argue that cutthroat competition results in nothing but a bloody red ocean of rivals fighting over a shrinking profit pool.

Based on a study of 150 strategic moves spanning more than a hundred years and thirty industries, the authors argue that lasting success comes not from battling competitors, but from creating "blue oceans": untapped new market spaces ripe for growth. Such strategic moves which the authors call "value innovation"create powerful leaps in value that often render rivals obsolete for more than a decade.

Blue Ocean Strategy presents a systematic approach to making the competition irrelevant and outlines principles and tools any company can use to create and capture blue oceans. A landmark work that upends traditional thinking about strategy, this book charts a bold new path to winning the future.

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Blue Ocean Strategy
 
5.0

(based on 1 review)

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5.0

A must for any Business Manager

By rodrocket

from sydney Australia

About Me Everyday Reader

Verified Buyer

Pros

  • Deeply Informative
  • Deserves Multiple Readings
  • Easy To Understand
  • Expert Author
  • Great Insights

Cons

    Best Uses

    • Reference

    Comments about Blue Ocean Strategy:

    Harvard research team issues an easy to read marketing tool on 'how-to' guide to marketing in a tough, competitive world. A must for any business manager's A-list of reference books.

    Comment on this review

    "This breakthrough book is essential for any strategist or entrepreneur who wants to move out of intensively competitive, shark-infested waters and into an opportunity- filled, open ocean." -- Business Insider

    Creating blue oceansp. 3
    Analytical tools and frameworksp. 23
    Reconstruct market boundariesp. 47
    Focus on the big picture, not the numbersp. 81
    Reach beyond existing demandp. 101
    Get the strategic sequence rightp. 117
    Overcome key organizational hurdlesp. 147
    Build execution into strategyp. 171
    Conclusion : the sustainability and renewal of blue ocean strategyp. 185
    Table of Contents provided by Blackwell. All Rights Reserved.

    ISBN: 9781591396192
    ISBN-10: 1591396190
    Audience: Professional
    Format: Hardcover
    Language: English
    Number Of Pages: 256
    Published: 1st February 2005
    Dimensions (cm): 24.1 x 16.3  x 2.7
    Weight (kg): 0.51