The blue ocean team shares case studies, stories and practical insights related to the blue ocean tools and principles developed by chan kim and renee mauborgne. Blue oceans refer to a strategic move, which makes the market free of competition. Blue ocean strategy case study service nsw 3 1 introduction blue ocean strategy1 has been used extensively to transform the public sector around the world at a local, state and national level. The goal is to better understand the underlying dynamic strategies in the form of interactions between theory and management practices. Complete list of teaching materials update nov 2019.
Use features like bookmarks, note taking and highlighting while reading blue ocean strategy. Introduction thesis statement the wine industry has over the years focused on producing highly priced products that have in turn slowed down the uptake of wines as compared to other alcoholic drinks. It is being published in a recordbreaking 44 languages and is a bestseller across five continents. Instead of dividing up existingand often shrinkingdemand and benchmarking competitors, blue ocean strategy is about growing demand and breaking. Make the competition irrelevant download free epub, pdf winning by not competing. It is intended to be used as the basis for class discussion rather than to illustrate either effective or ineffective handling of a management situation. Download it once and read it on your kindle device, pc, phones or tablets. The research focused on discovering the common factors that lead to the creation of blue oceans and the key differences that separate those winners from the mere survivors and those adrift in the red ocean. Bos0010a this case was written by pinal shah under the direction of joel sarosh thadamalla, ibscdc. Business growth training program is specially designed for entrepreneurs and business owners seeking exponential growth in. The second one introduces the background knowledge of my research, definitions of strategy, ten schools of strategy and the blue ocean strategy. Blue ocean pedagogical materials, used in over 2,800 universities and in almost every country in the world, go beyond the standard casebased method. Recognized as one of the most iconic and impactful strategy books ever written, blue ocean strategy, now updated with fresh content from the authors, argues that cutthroat competition results in nothing but a bloody red ocean of rivals fighting over a shrinking profit pool.
Eight key points of blue ocean strategy heres the essence of blue ocean strategy captured in eight key points. This study illustrates the ease of application of blue ocean strategy in practice with the case study of a room escape game organisation. The blue ocean strategy explains how to guide your business across seas with less competition and greater profitability. This international best seller upends traditional thinking with principles. Blue ocean strategy is based on over decadelong study of more than 150 strategic moves spanning more than 30 industries over 100 years. The impact of blue ocean strategy in the earlier work see blue ocean strategy. For many of the case studies, teaching notes are available.
Blue ocean strategies summary blue ocean strategies a. Blue oceans are about exploring noncustomers and creating new. How is blue ocean strategy different from a classic differentiation strategy. This case study employs blue ocean strategy analytical tools and frameworks following the principles of the blue ocean strategy as authored by insead professors w. Blue ocean strategy business competition in india by. Subscribe coronavirus podcasts video the magazine store webinars newsletters all topics the big idea visual library reading lists case. The market universe is composed of two types of oceans. Blue ocean strategy is a powerful framework for finding new business opportunities.
These will be phrased as myths that are then debunked. Blue ocean strategy powerpoint templates present better. The most appropriate unit of analysis is the strategic move, the set of managerial actions and decisions involved in making a major marketcreating business offering. But its not always clear how to create a blue ocean strategy for yourself. Blue ocean strategy ends with ten cognitive traps that can deter you from creating blue oceans or that jeopardize your execution. Blue ocean strategy of apple from ipod to ipad presented by manu balaji kowshik mayur 2. The blue ocean strategy book has been sold over 3,5 million times, was published in 43 languages and is a bestseller across five continents. I will describe the all process of a blue ocean strategy. How to create uncontested market space and make the competition irrelevant kindle edition by kim, w.
Chan kim and renee mauborgne focused on discovering the common factors that lead to the creation of blue oceans and the key differences that separate those winners from the mere survivors and those adrift in the red ocean. Creating a blue ocean in a sports event abstract the online case indian premier league. Developing country studies the blue ocean strategy. Our multimedia cases and interactive exercises are designed to help you build a deeper understanding of key blue ocean strategy concepts, developed by worldrenowned professors chan kim and renee mauborgne. Implementing the blue ocean strategy is, simply put, a gargantuan task. Based on a study of 150 strategic moves spanning more than 100 years. Value innovation strategy competes in an uncontested market space. I have used blue ocean strategy tools and applied them into practise. View notes blue ocean strategies summary from mgmt 430 at university of washington. For perspective of company strategy, in blue oceans, demand is created. Blue ocean pedagogical materials, used in over 2,800 universities and in almost every country in the world, go beyond the standard case based method. Based on a study of 150 strategic moves spanning more than 100 years and 30 industries, blue ocean strategy addresses this question and provides a systematic approach to drafting and implementing your own blue ocean strategy.
Our blog is there to help you shift your mindset, go beyond competing, and create your own blue ocean, whether in business, government, or personal life. Pdf a researched case study on blue ocean strategy. Featured case series blue ocean strategy the case centre. Jul 17, 2018 implementing the blue ocean strategy is, simply put, a gargantuan task.
Most prominently, since 2009 the malaysian government has. Pdf a researched case study on blue ocean strategy implementation. Achieved via the delivery of features that have a highest marginal benefit to customer needs. Blue ocean strategy theranos case study prepared by. Updatedrevised 2016 the media industry in pakistan is rapidly. Blue ocean strategy, business case studies in business models and business strategy cases, structured assignment,to be used alongwith case studies covering all the areas of business management. Chan kim and renee mauborgne in 2005 from harvard business school. Blue ocean strategies a summary blue ocean strategy is a business strategy book first published in 2005 and study. How to create uncontested market space and make the competition irrelevant. Scribd is the worlds largest social reading and publishing site. Industry must concentrate production processes which are environmentfriendly. Gillettes blue ocean strategy case study and accompanying teaching materials illustrate how new demand is created by looking at noncustomers. In this article you will learn how to make your competition irrelevant and have sales and profit growth in excess of anything you thought was even possible. In this summary, well give a synopsis of the key concepts, tools and tips from the book.
Blue ocean strategy including examples and pdf download. Aim of this dissertation is to investigate whether eataly, the largest wine and food marketplace of the world, entered a blue ocean via business model innovation. They admit to this and discuss the body shop as one example. The purpose with this article is to analyze the blue ocean phenomenon in depth. Pdf developing country studies the blue ocean strategy. I thought id give you some excerpts from the book and use my current startup as a case study to explain some of the blue ocean concepts. How to create uncontested market space and make the. Explain these from the perspective of company strategy, view of competition, and market space nature of demand. The blue ocean that disappeared the case of nintendo wii. How to create uncontested market space and make the competition irrelevant blue ocean strategy. A third tool, the eliminatereduceraisecreate grid, pushes firms to act on all four questions posed by the four actions framework and to create a new value curve.
Blue ocean strategy formulation the four principles of strategy formation this blog article is a summary of the book by w. Lg electronicsthe blue ocean strategy case studybusiness. Blue ocean strategy analysis while traditional approaches to corporate strategy, such as those presented by porter, oster, and duggan emphasize victory through direct competition in existing markets, blue ocean strategy stresses the avoidance of conflict as key to long term commercial prosperity. Red ocean strategists compete to win market share in traditional mature markets and pursue either a differentiation or cost leader strategy. Blue ocean strategy challenges companies to break out of the red ocean of bloody competition by creating uncontested market space that makes the competition irrelevant. Examining the emergence and evolution of blue ocean strategy. Case study on the relevance of blue ocean strategy in. When expressed through a value curve, an effective blue ocean strategy has three complementary qualities. The authors explain why marvel is such a good example of blue ocean strategy and why the case is both fun and informative. I thought id give you some excerpts from the book and use my current startup as a case study to explain some of the blue ocean. What is distinctive about blue ocean strategy as a theory.
Blue ocean strategy bos is a management concept which. Blue ocean strategy and new business models in the food. Blue ocean case study on blue ocean strategy johnson wales. Most prominently, since 2009 the malaysian government has implemented a national blue ocean strategy to lift the living standard of the country and to. The two professors have been working together for the past 15 years, decoding the requirements for. Sina insurance company zahra jedi1, hassan esmaeil zade2 2and zeinol abedin rahmani 1department of executive management 1department of teacher training university, alamatabatabai campus, lorestan, iran author for correspondence abstract. Key words blue ocean strategy, case study, itunes, netflix. The insead blue ocean strategy institute is dedicated to extending the research on blue ocean shift, blue ocean strategy, and blue ocean leadership by chan kim and renee mauborgne and disseminating it to professors, researchers and practitioners around the globe. A researched case study on blue ocean strategy implementation. So powerful is blue ocean strategy, in fact, that a blue ocean strategic move can create brand equity that lasts for decades.
They research for around over 20 years and sum up a theory of blue ocean. Yellow tail wines blue ocean strategy case study essay 1401 words 6 pages. From theory to practice case solution, red oceans and blue oceans. Updated revised 2016 the media industry in pakistan is rapidly. It is aimed at contributing to blue ocean strategy with a case study in which the process of creating a blue ocean is traced. Their core business is to plan, negotiate, buy and release. The case company of this study supplies a wide range of wood processing.
Globalization and international market forces impact the entertianment company. Red ocean strategy blue ocean strategy compete in exiting market space create uncontested market. Updatedrevised 2016 the media industry in pakistan is rapidly growing. Creating a blue ocean in sports is a selfpaced case study that lets students analyze the strategic logic behind the launch of the indian premier league using blue ocean analytical tools and frameworks. Furthermore the blue ocean strategy was awarded with. In the practical part of the research the blue ocean strategy is tested on its reliability using a three step crosscase analysis. The blue ocean strategy is a business book that has become mandatory for modern managers by proposing an organized structure to identify and implement differentiation in any industry and help you grow your business faster. Therefore, the current study provides some support for the view that. Blue ocean strategy case studies case studies in business. In this article you will learn the plan they outline for how to make your competition irrelevant and have sales and profit growth in excess of anything you thought was even possible. This blog article is a overview of some of the key points of the book by w.
Red oceans are all the industries in existence today, they are increasi. The value of having a blue ocean strategy is better understood when compared to a red ocean strategy. Individual chapters from the best selling blue ocean strategy book are also available from the case centre. Reviewing the blue ocean strategy university of twente student. Blue ocean strategy is a customerled strategy focusing on existing customers. If nintendo will be able to reestablish the blue ocean with their introduction of the wii u in november 2012 is questionable. Request pdf case study on the relevance of blue ocean strategy in health care and medical tourism in india blue ocean strategy deals with the creation or entry of any sectorbusiness into an. Blue ocean strategy formulation the four principles of. In this article you will learn how to make your competition irrelevant and have sales and profit. Case study analysis of its implementation in 14 different agencies in malaysia. Pdf preventing blue ocean from turning into red ocean. Blue ocean strategy this new thinking makes it possible for innovative entrepreneurs to increase their chances for.
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