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Blue Ocean Strategy: Group 3

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Presentation on theme: "Blue Ocean Strategy: Group 3"— Presentation transcript:

1 Blue Ocean Strategy: Group 3

2 Red Oceans vs. Blue Oceans
Greg

3 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

4 How to Create a Blue Ocean: Four Actions Framework
Michael

5 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

6 Value Innovation Ray

7 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

8 Target’s Blue Ocean The Shops at Target Target Runway to Tweet
Target Runway to Tweet Philip

9 Questions


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