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Blue Ocean Strategy: Group 3
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Red Oceans vs. Blue Oceans
Greg
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History of Blue Oceans Ford 1908 Model T
GM 1925 with cars styled to appeal to emotions CNN 1980 with real-time news 24/7 Compaq, Starbucks, Southwest, Cirque du Soliel Greg
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How to Create a Blue Ocean: Four Actions Framework
Michael
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Value Innovation Value innovation is the cornerstone of blue ocean strategy . We call it value innovation because instead of focusing on beating the competition, you focus on making the competition irrelevant by creating a leap in value for buyers and your company. (cont. 287) Ray
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Value Innovation Ray
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Cirque du Soleil Changed the circus Market
Created a new segment that included traditional circus consumers as well the new sophisticated clients (Theatre and ballet) Now they do not directly compete with anyone Rylee
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Target’s Blue Ocean The Shops at Target Target Runway to Tweet
Target Runway to Tweet Philip
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Questions
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