Monday, August 17, 2009

Blue Ocean Strategy




This is a business strategy book. It is named blue ocean because:

"Blue oceans, in contrast, denote all the industries not in existence today—the unknown market space, untainted by competition. In blue oceans, demand is created rather than fought over. There is ample opportunity for growth that is both profitable and rapid. In blue oceans, competition is irrelevant because the rules of the game are waiting to be set. Blue ocean is an analogy to describe the wider, deeper potential of market space that is not yet explored." from Wikipedia.

How to apply?

- wong chee tat :)