Blue Ocean Shift is a business strategy concept that encourages companies to move from a 'red ocean' of fierce competition to a 'blue ocean' of uncontested market space. This shift involves creating new demand and making the competition irrelevant by offering unique value propositions.
The process involves five steps: choosing the right place to start, constructing the right team, getting clear about the current state of play, imagining the possibilities, and making a successful move.
This strategy is about creating a culture of trust and commitment in the organization, which is necessary for such a significant shift. It's not just about market innovation, but also about people's transformation.
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Blue Ocean Shift
Released in early-October 2017 — Blue Ocean Shift — is the continuation of the award-winning Blue Oc...