Blue Oceans Value Innovation

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    Value

    Innovation

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    NavigatetonewBlueOceans

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    3

    Avoid the Red Ocean

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    WhatisaRedOcean?

    Amarketinwhichthecompetitionhave

    nothingleft

    to

    compete

    on

    other

    than

    PRICE

    Examples

    Telephony(Voice

    Services)

    Fitness

    AirTravel

    ManagedServices

    BlueOcean,RedOcean,StrategyCanvasandotherrelatedmarksarecopyrightKim,W.ChanandMauborgne,Renee.

    Blue

    Ocean

    Strategy:

    How

    to

    Create

    Uncontested

    Market

    Space

    and

    Make

    the

    Competition

    Irrelevant.

    Boston:

    Harvard

    Business

    School Publishing,

    2005.

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    NavigatetoBlueOceans

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    WhatisaBlueOcean?

    Acompetitive

    strategy

    in

    which

    the

    competitionismadeirrelevant(ormuchless

    relevant)throughanapproachthatpursues

    differentiationAND

    low

    cost

    to

    open

    a

    previouslyuntappedorunderservedmarket

    6

    BlueOcean,RedOcean,StrategyCanvasandotherrelatedmarksarecopyrightKim,W.ChanandMauborgne,Renee.

    Blue

    Ocean

    Strategy:

    How

    to

    Create

    Uncontested

    Market

    Space

    and

    Make

    the

    Competition

    Irrelevant.

    Boston:

    Harvard

    Business

    School Publishing,

    2005.

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    Set New Strategic Directions

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    NavigatetoBIG BlueOceans

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    How?

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    BlueOcean Strategy:

    Value

    Innovation Simultaneous

    pursuitof

    Differentiationand

    LowCost

    TheCornerstoneofBlueOcean

    Strategy

    BlueOcean,RedOcean,StrategyCanvasandotherrelatedmarksarecopyrightKim,W.ChanandMauborgne,Renee.

    Blue

    Ocean

    Strategy:

    How

    to

    Create

    Uncontested

    Market

    Space

    and

    Make

    the

    Competition

    Irrelevant.

    Boston:

    Harvard

    Business

    School Publishing,

    2005.

    COSTS

    BUYERVALUE

    VALUE

    INNOVATION

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    CreativeThinking

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    StructuredBrainstorming

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    BlueOcean Strategy:

    The

    Four

    Actions

    FrameworkHowdowe

    createanew

    valuecurvethat

    willdifferentiate

    usfromthe

    competitionina

    waythat

    makes

    themirrelevant?

    BlueOcean,RedOcean,StrategyCanvasandotherrelatedmarksarecopyrightKim,W.ChanandMauborgne,Renee.

    Blue

    Ocean

    Strategy:

    How

    to

    Create

    Uncontested

    Market

    Space

    and

    Make

    the

    Competition

    Irrelevant.

    Boston:

    Harvard

    Business

    School Publishing,

    2005.

    REDUCEWhichfactorsshould

    bereducedwellbelowtheindustrystandard?

    RAISEWhichfactorsshouldberaisedwellabove

    theindustrystandard?

    ELIMINATEWhichofthefactors

    thattheindustrytakesfor

    granted

    should

    be

    eliminated?

    CREATEWhichfactorsshould

    becreatedthattheindustry

    has

    never

    offered?

    ANewValueCurve

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    Create

    a

    Value

    Innovation

    Curve

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    ContinuousValue

    Innovation

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    BlueOcean

    Case

    Study:

    Formule1

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    Formule1:ValueInnovationCurve

    ValueCurve Hotel**

    Value

    High

    Low

    ValueCurveHotel*

    Eliminate Reduce Raise

    Average

    Formule1

    copyright Kim&Mauborgne

    KeyElements

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    TheValueCreatedbyFormule1

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    Create

    Formule1

    Value

    KeyElements

    Eliminate Reduce Raise

    ValueCurve Htel**ValueCurve Htel*

    High

    Low

    Average

    copyright

    Kim&

    Mauborgne

    Formule1:ValueInnovationCurve

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    20

    Ready,

    Set,

    Go.

    .

    .

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    SalesDavidREdniePresident

    &

    CEO

    SalesChannel EuropeSARL

    Ph: +33676600925

    Email:[email protected]

    Blog:http://saleschannel.blogspot.com

    Website:www.saleschanneleurope.comMotivation

    Performance