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Blue Ocean Or Red Ocean Strategy. Which is better???
HIGH ABOVE OR FIGHT LIKE SHARKS
MANASH PRATIM KALITAMOHIT KATARIAMD.FARAZ
BLUE OCEAN STRATEGYCoined by W. Chan Win and Lenee Mauborgne in 2005
No competing in treaded areas
Create or find untapped new market segments of growth
Strategic success challenged
Change the rules of the game
WHY????Overcrowded industries, high performance lost
pursues differentiation and low cost
creates uncontested market space
maximizes opportunity while minimizing risk
create a win-win outcome
HOW???Create, reduce, eliminate, raise
Reconstruct Market Boundaries
Focus on the Big Picture
Reach Beyond Existing Demand
Value innovation
Leadership and focus on noncustomers
PRACTICALITYCirque Du Soleil
Nintendo Wii
Starbucks
Southwest Airlines
HubSpot
Threadless
RED OCEANexisting industries in a known market space
cutthroat competition
competition in order to acquire a greater share of the market
Crowded, reducing the potential for profits and growth
turning products into commodities
CONCLUSIONVision
Innovation
Awakening and exploration
Leadership
Redefine and overcome the hurdles
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