Blue Ocean Strategy Explained: Creating Uncontested Market Space for Growth!
Автор: Business with Mr. G
Загружено: 2025-04-07
Просмотров: 44
Описание:
Welcome to Mr. G - your Business teacher. In this lesson, we explore the transformative concept of Blue Ocean Strategy, a framework that encourages businesses to step away from fierce competition and instead create new, uncontested market spaces. Developed by W. Chan Kim and Renée Mauborgne, this strategy focuses on innovation and customer value creation.
We guide you through how businesses break free from crowded Red Oceans and open new frontiers of demand. Using inspiring real-world examples such as Cirque du Soleil, Apple's iPod and iTunes ecosystem, Uber's transport revolution, and Tesla's pioneering electric vehicles, you'll see how companies generate new growth opportunities by redefining customer experiences and reshaping industries.
This lesson will help you understand how to apply the Strategy Canvas, assess opportunities for differentiation, and weigh the risks and rewards of creating new markets. Whether you're studying for A-Level Business, Degree coursework, MBA strategy modules, or looking to innovate in your professional life, this video will equip you with the mindset and tools for bold, market-creating strategies.
By the end of this session, you will confidently apply Blue Ocean Strategy to case studies, business decisions, and exam scenarios, giving you a valuable edge in business thinking.
Subscribe to Mr. G for high-quality business education designed to prepare you for academic success and strategic leadership in the real world.
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