Blue Ocean Strategy : how to create uncontested market space and make the competition irrelevant /
W. Chan Kim, Renee Mauborgne.
- Expanded edition.
- Boston : Harvard Business Review Press, 2015.
- xxviii, 287 p. : ill. b&w ; 25 cm.
Includes bibliographical references and index.
1. Creating blue oceans -- 2. Analytical tools and frameworks -- 3. Reconstruct market boundaries -- 4. Focus on the big picture, not the numbers -- 5. Reach beyond existing demand -- 6. Get the strategic sequence right -- 7. Overcome key organizational hurdles -- 8. Build execution into strategy -- 9. Align value, profit, and people propositions -- 10. Renew blue oceans -- 11. Avoid red oceans traps.
It argues 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 100 years across 30 industries), defends that lasting success comes not from battling competitors but from creating "blue oceans"--untapped new market spaces ripe for growth.