Preview

Cirque Du Soleil - the Blue Ocean Strategy

Powerful Essays
Open Document
Open Document
3188 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Cirque Du Soleil - the Blue Ocean Strategy
Research Report on Cirque du Soleil
Julien Lallement
ISEG Business School 5 Group2C
January 10, 2012
Human Resources Management, Pr. Michelle K. Duffy, Phd

ABSTRACT
This final research report relating to the Human Resource course will be focused on the Cirque du Soleil business case discovered in class. In a first part we will develop and articulate the Cirque du Soleil HR portfolio. This part will also relates the company values and core competencies. The first part will be concluded by a series of recommendation discussed during the group presentation provided in class
The second part of the report will focus on the strategy developed and used by Cirque du Soleil in order to reach the success. This strategy called Blue Ocean strategy will be in a first part detailed to the Cirque Case and then we will see in a second part where this concept can be applicable or if it was already applied and by which industry.
A bibliography will be added at the end of the document.

SUMMARY I. Development and Articulation of Cirque du Soleil HR portfolio . . . . . . . . . . . . . . 4 a. Company Presentation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 b. Human Resources Management related issues. . . . . . . . . . . . . . . . . . . . . . . . . .5 c. Recommendations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 II. Application of Cirque du Soleil concept to other industries (The Blue Ocean Strategy) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11

I. Development and Articulation of Cirque du Soleil HR portfolio. a. Company Presentation
The only way to understand this company is its History, its roots. The company Cirque du Soleil founded in 1984 by Guy Laliberte was originally composed by “street performers, clowns, acrobats, and gymnasts to present feats and create theater and dance, The



Bibliography: Buisson, B., & Silberzahn. (2010). BLUE OCEAN OR FAST-SECOND INNOVATION? International Journal Of Innovation Management , 359-378. Delong, T. J., & Vijayaraghavan, V. (2002). Cirque du Soleil. Harvard Business School. Eng, D. (2011, January 7). The Rise of Cirque du Soleil. Fortune , pp. 39-42. Markels, A. (2006). Cirque du Sucess. U.S. News & World Report. Red Oceans. (2011, December). Retrieved January 4, 2012, from Blue Oceans Strategy: http://www.blueoceanstrategy.com/abo/Blue_Ocean_Strategy_Glossary_Lookup.php?Term=red-oceans Winkelman, M. (1994, Nov). Cultural Shock and Adaptation. Journal of Counseling & Development (via EBSCO) , 121-126. Porter, M (1980). Competitive Strategy. New York: Free Press.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Cirque du Soleil took on a different role from the traditional circus business model to the new blue ocean strategy verse the red ocean strategy. Cirque du Soleil created the new business model by creating new market space. Cirque du Soleil wanted to step away from the traditional circus to create a new atmosphere and family entertainment. The one similarity of both business models is the revenue streams.…

    • 345 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Module 1 Assignment

    • 1190 Words
    • 5 Pages

    1. Based on what you have read in the case, outline a rudimentary SWOT analysis for Cirque du Soleil. Internal (S)trengths: A big part of the reason for Cirque du Soleil’s success is because of the strong workforce. Including roughly 20,000 cast members ready to be called at any time, 300 seamstress, engineers and make-up artist, 32 talent scouts and casting staff. The creators and the workers share common values and goals that help drive the elite business even further in the right direction. And with the deep pocket hotel and casinos backing them financially, makes their success hard to compete with. (W)eakness: There are two main forces behind this elite business and if one is taken out of the equation I don’t think the cirque will be able to continue bringing that originality every year. Also,…

    • 1190 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Blue Ocean Strategy Paper

    • 980 Words
    • 4 Pages

    The blue ocean favors those who conceive a departure from paradigms. In order to obtain limitless and uncontested market shares, an entity traditionally has done so through differentiation and/or low cost. In doing so, the result is not to outperform competition, but rather, render competition irrelevant. The ability to corner a market and isolate oneself amongst its vastness is executed through means that redefine the terms of current competition within an established industry. Sure, ingenuity and crafting a new mode of production can lead to untapped market shares, but…

    • 980 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Blue Ocean Strategy

    • 749 Words
    • 3 Pages

    The Blue Ocean Strategy is a slang term for the uncontested market space for an unknown industry or innovation (Investopedia, 2014). Take the circus industry, for example, its appeal is in rapid decline as technology becomes more interesting than seeing chained animals perform. When the circus first came out, it was the 1700 where no one had ever seen performances of its kind. Now the traditional circus’s audiences are in decline, but the increase of unwanted attention, such as animal rights activists, remains. In 1984, former circus performer Guy Laliberte and a group of other street performers founded Cirque du Soleil, which takes the circus industry to all new heights (Kim & Mauborgne, 2004). Cirque du Soleil is a different take on the traditional circus without animals. It takes the circus industry to a whole new level increasing the interest of adults rather than focusing more on children with their breathtaking acrobatics without completely competing with circuses such as Ringling Brothers and Barnum & Baileys. This is the Blue Ocean Strategy.…

    • 749 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Arts/100 Syllabus

    • 1738 Words
    • 7 Pages

    Introduction to the Visual and Performing Arts | |Copyright © 2011, 2010, 2008, 2007 by University of Phoenix. All rights reserved.…

    • 1738 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    Indicative Content: Understand key contemporary business issues affecting the HR function within private, public and third sector organisations. Types of organisation; the role of management within them; ways in which HR is delivered; the main functional areas of management; the search for sustained organisational performance, business profit and efficiency; analysing, evaluating and drawing conclusions from financial and non-financial data; balanced scorecard or similar performance measurement tools; managing the change agenda.…

    • 3480 Words
    • 12 Pages
    Best Essays
  • Satisfactory Essays

    Case write up

    • 646 Words
    • 2 Pages

    Question 1. What was the level of IT alignment at Cirque du Soleil in 2008?…

    • 646 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Regarding the stage performance, Cirque du Soleil’s strategy is to attract audience with astonishing shows which combines highly creative costuming, lighting, and dance, presenting a unique blend of creation and the performing arts, of architecture and the arts in general.…

    • 476 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Measurement and Density

    • 1162 Words
    • 5 Pages

    Much of the deep knowledge that we retain comes from taking theoretical concepts and applying them to “real life” so that we may better understand them. There is a great deal of HR related news to be aware of and the aim of this assignment is to recognize and relate to material that we are covering in our course. It will be necessary to incorporate learning from your text and our classes to excel at this assignment, in being able to recognize the HR content and then provide your valuable HR expertise on what to do next...…

    • 1162 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    In the past few decades there have been many developments in the live music events industry, which have led to live music events growing to be global events. (Goldblatt, J., 2002) There are several reasons for this development in the music events industry, many of them closely connected to developments in other sectors that influence the business of live music events. In this essay we will discuss the commercial, social, legal, technological and environmental factors that have contributed to the commercial growth and success of the events industry that has resulted in this industry to become a global one, producing events on a much bigger scale than before. Global live music events are now a common phenomenon producing billions of pounds in revenue and many industries outside the direct business of music events want to be involved to get a share in this major success. Books, articles, websites, reports and a few films have been the main resources for information for an essay on this subject, and to determine how music events have become global events.…

    • 1791 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Hrm 531 Research Paper

    • 627 Words
    • 3 Pages

    What can human resources (HR) do to ensure employees are competitive in the 21st century business world? The key to ensure employees are competitive in the 21st century is Human Resources Development among others aspect as Recruiting and Retention excellent packages. To attract and keep the best and the brightest, HR will have to offer employees opportunities for educational and vocational development that address their needs to remain relevant and aggressive in pursuing their career goals. Detail the requirements of each position for which HR staff and design competency models for each position in the company or firm, with each…

    • 627 Words
    • 3 Pages
    Good Essays
  • Good Essays

    References: Cirque du Soleil, Harvard Business School, Delong, Thomas and Vijaraghavan, Vineeta, 9-403-006, Revision October 15, 2002…

    • 772 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Background: Cirque du Soleil was the first ever circus group that evolved its self to the commercial world by introducing the simple but innovative and unique concept of combining the traditional circus acts with opera, dance, theatre and live music. Cirque du Soleil ensured success by executing the concept to the point of perfection. Excellent choreography and amazing pyrotechnics were the backbone of their success. The experience of a Cirque du Soleil show is considered to be as one of the most awaited and valued entertainment experience by people all around the world.…

    • 1636 Words
    • 7 Pages
    Good Essays
  • Good Essays

    -celebrities- may not have as much power with a celebrity, they may name a price and cirque de soleil would not have much say if their was a large demand for that person or group.…

    • 643 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    This book project is on The Cirque du Freak. Cirque du Freak was an amazing book that was made into a movie in 2009. The use of this essay is to tell you the differences between the movie and the book. The book and the movie were not really the same at all.…

    • 481 Words
    • 2 Pages
    Satisfactory Essays

Related Topics