BLUE OCEAN STRATEGY by Andreas Mebert, Stephanie Lowe ( 9781351352000 )

Item Details

Title:

BLUE OCEAN STRATEGY

By:

Format:

Electronic book text

List price:	£5.99
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ISBN 10:

1351352008

ISBN 13:

9781351352000

Publisher:

TAYLOR & FRANCIS EBOOKS

Pub. date:

5 July, 2017

Series:

The Macat Library

Pages:

Synopsis:

In Blue Ocean Strategy, W. Chan Kim and Renee Mauborgne tackle the central problem facing all businesses: how to perform better than your competitors? Their solution involves taking a creative approach to the normal view of competition.In the normal framework, competition is a zero-sum game: if there are two companies competing for the same market, as one does better, the other has to do worse. The authors' creative leap is to suggest one can beat the competition by not competing. Companies should avoid confronting competitors in crowded marketplaces, what they call "red oceans," and instead seek out new markets, or "blue oceans." Once the blue oceans have been identified, companies can get down to the task of creating unique products which exploit that market.Chan and Mauborgne argue, for example, that a wine company might decide to start appealing to a group previously uninterested in wine. This would be a "blue ocean" market, giving the winemaker a huge advantage, which they could exploit by creating a wine that appealed to the tastes of a beer-drinking demographic. A classic of business writing, Blue Ocean Strategy is creative thinking and problem solving at its best.

Publication:

Imprint:

Routledge

Returns:

Non-returnable

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BLUE OCEAN STRATEGY