risk-averse‚ however they tend to be mostly reactive and benchmarking-based aiming to confirm the theory of institutional isomorphism (Zhu et al‚ 2007). In order to assess blue oceans‚ it would be interesting to monitor red oceans which are actually the prerequisite for supply chains nowadays to think moving towards blue oceans. Despite Porter’s statement in the late 90s concerning markets’ tendency to overlook the significance of small and niche markets (Srinivasan‚ 2009)‚ at present there is the
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Federica Galfo M38/000789 Stefano La Cognata M38/000799 Tetyana Koptyayeva M38/000695 BLUE OCEAN STRATEGY Chan Kim and Renée Mauborgne “ Blue Ocean strategy” “How to create uncontested market and make competition irrelevant” BLUE OCEANS = unknown market spaces with few competitors Blue Ocean strategy VALUE INNOVATION (Differentiation) = Search for “Blue Oceans” • Exploring non customer groups • Challenging the industry’s strategic logic FOUR ACTIONS FRAMEWORK Key questions a company should
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------------------------------------------------- Case Introduction and Challenges ------------------------------------------------- Chongqing‚ a city in central southwestern China‚ had a heritage in heavy manufacturing‚ as it was one of the centers of the Chinese defense industry‚ especially for vehicles. In 1980s‚ when the Cold War slowed‚ the central government wanted to reduce defense expenditure and asked some of the state owned enterprises (SOEs) to begin manufacturing civilian products
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manufacturers were also able to make them. The lack of product differentiation encouraged Zongshen to follow a low price strategy. However‚ after Zuo Zongshen the chairman and CEO of the company read the “Blue Ocean Strategy”‚ he figured out the company should not only be selling low margin products on “red ocean” markets. Zuo Zongshen therefore made the decision to stop the launching of Japanese-like low quality motorcycles and to develop a whole new motorcycle‚ thus following the path of differentiation
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Introduction After reading what precisely the article expounds and analyses‚ revolution stays as the core of strategy. ’The article ’Strategy as Revolution’ clarifies the role revolution plays in the markets and declared ten principles to help a company discover revolutionary strategies and put into practice. All the third kinds of companies mentioned in the article have opportunities to reach what they want‚ however‚ the different roles determine the market hierarchy. ’In a growing number
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1) Market readiness (cfr. reading material and PPTs class 1‚ 2 and 4): How would you appraise and distinguish Netflix’ on-line movie rental offer compared to Blockbuster‚ Wal-Mart‚ Amazon and others‚ e.g. in terms of user-responsiveness‚ price/(added) value-for-money‚ delivery/convenience‚ …? Max. 40 lines Netflix had developed in the early days of its activity a different approach towards the movie rental industry. First of all‚ the main advantage that Netflix has regarding its competitors
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have their own magazine Redbulltin into the US with a 4.8 global distribution https://www.youtube.com/watch?v= WQbHRVOfcM Days of my youth + Red bull Red bull sells drinks instead of ads Thy are an exception of the rule. Blue ocean vs. red ocean strategy Red bull Media house created its own market and therefore competitors .E.g: ( burger king and American express.) The brand has engaged its core male 18-to-34 $471 million in U.S. sales in 2011‚ an increase of 11.9% from
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Week 3 – The Balanced Scorecard – Kaplan and Norton Squeaky Brakes focused mainly on financial perspective of our business‚ ignoring operational aspects. However‚ Kaplan and Norton suggest that there are four perspectives‚ which must be considered. * How do customers see us? (customer perspective) * What must we excel at? (internal perspective) * Can we continue to improve and create value? (innovation and learning perspective) * How do we look to shareholders? (financial perspective)
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Jellyfish and Ocean Currents Mrs. Haske English 11 December 4‚ 2012 Outline I Introduction A. Statements about jellyfish B. Thesis statement: Jellyfish are mysterious creatures that live almost anywhere in the water and depend on ocean currents to move as well as create them. II Body A. What are jellyfish? 1. History of the jellyfish 2. Description of the jellyfish a. Where their body parts are located and what they do
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channels of export strategies 6.7. Clever advertising 7. CONCLUSION ...28 8. LIST OF REFERENCES .. 28 1. EXECUTIVE SUMMARY This report provides thorough analysis of the Robert Mondavi Corporation (RMC) in order to give a best solution to Michael Mondavi‚ the CEO of the company in terms of the problem face by the company. It begins by examining the internal and external forces that greatly affect RMC by applying Porter’s five forces of competitive pressures to
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