Blue Ocean Strategy MKT 421 May 4‚ 2015 William Alan McIntyre Blue Ocean Strategy While blue ocean strategy entails creating new opportunities where one ’s do not currently exist‚ blue ocean strategy does is not exclusive to new business and new segments through R&D. Blue oceans can be created from current industry standards by redefining the customer experience. IKEA is a prime example of how crowding in existing business practices can offer blue ocean strategy to the company willing
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Blue Ocean Strategy Abby Taylor HMI 408-B1 Kendall College 10 May 2014 Executive Summary “Have you caught the wave?” For those who have not heard this quote before‚ it is associated with a strategic strategy known as Blue Ocean Strategy; Blue Ocean was coined by W. Chan Kim and Renee Mauborgne. In this strategy‚ the authors use the term “blue ocean” to get people to envision creating their own “blue oceans” which is often thought of as untouched
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Europe into two opposing camps and pitted major powers against each other. In doing so‚ major alliances such as the ones quoted above reduced much of the flexibility of the old balance of power in Europe‚ and that which had existed under the Bismarckian system of old. These alliances also meant that what might previously have been minor conflicts now had the very real possibility of escalating into full-scale conflicts that would rapidly involve the major powers in Europe‚ thus dragging the whole
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Blue Ocean Strategy MKT/421 August 11‚ 2014 Blue Ocean Strategy 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
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BLUE OCEAN STRATEGY Ryan Rosenbaum Donald Gregory Businesses are always striving to be the better contenders than their competitors. Different theories have been thrown out to see which the best one would be. The Blue Ocean Strategy theory says that companies would be better looking for ways in which they compete against themselves and that is all. W. Chan Kim and Renee Mauborgne wrote a book called “Blue Ocean Strategy”. There is a term called Red Ocean which consists of businesses
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served on the US Air Force Scientific Advisory Board‚ and I currently serve on the board of the Oregon Wave Energy Trust. The United States is blessed with abundant MHK renewable resources from ocean waves and currents. For the continental United States‚ the potential MHK resource‚ dominated primarily by ocean waves‚ is
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1.0 Introduction Ocean Culture® is Australia’s best known manufacturer and supplier of sandboards and equipment that is available to riders locally‚ interstate & across the world (e.g. France‚ Spain‚ America etc.) (Ocean culture‚ 2010) National museum (Ocean culture‚ 2004) stated that the owner Joanne Harvy began her career as a sandboard manufacturer in 1994‚ her first products were sold through Adelaide surf shops and now Harvy ’s company (in South Australia) - Ocean Culture online shop.
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“Ocean Carriers” case Assume that Ocean Carriers uses a 9% discount rate. 1) Do you expect daily spot hire rates to increase or decrease next year? (5 points) 2) What factors drive daily hire rates? (5 points) 3) How would you characterize the long-term prospects of the capesize dry bulk industry? (10 points) 4) Should Ms Linn purchase the $39M capsize? Make 2 different assumptions. First‚ assume that Ocean Carriers is a US firm subject to 35% taxation. Second‚ assume that
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cost leadership. The authors of the book Blue Ocean Strategy argue‚ however‚ that intensive competition will only lead to bloody red oceans in which companies find themselves fighting over an ever-shrinking profit pool. Blue Ocean Strategy‚ on the other hand‚ is a very practical book that dares to deviate from this path by challenging and motivating companies to swim away from the bloody red oceans‚ where competition is fierce‚ by creating blue oceans of uncontested market space‚ where competition
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Summary and Response to Ocean Acidification Article The National Geographic article “Ocean Acidification; Carbon Dioxide is Putting Shelled Animals at Risk‚” argues that the drop in surface pH could have a devastating effect on not only the organisms living in the ocean‚ but the environment that surrounds us. Research has shown that at least half of the carbon dioxide being emitted into the atmosphere has been absorbed by the oceans over time. This has benefited our environment because by
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