Discipline of: Business Agility / Enterprise Adaptability
Blue Ocean Strategy
A strategic approach focusing on creating new market space and value innovation rather than competing in existing markets.
Blue Ocean Strategy is a business approach that seeks to create new market space (a "blue ocean") rather than competing in existing, saturated markets (a "red ocean"). This cluster teaches learners how to apply the principles of Blue Ocean Strategy to identify and pursue opportunities that are uncontested by competitors. By mastering Blue Ocean Strategy, professionals can drive innovation, create value in new markets, and differentiate their organization from competitors.
This cluster is ideal for business strategists, entrepreneurs, and innovation leaders. Practical outcomes include improved market differentiation, better identification of new market opportunities, and enhanced ability to execute innovative strategies.
Learners will explore techniques such as value innovation, strategic canvas analysis, and differentiation strategies. Tools like Blue Ocean Strategy frameworks, market research tools, and strategic planning software will be covered to help learners implement and manage Blue Ocean strategies effectively.
This cluster is ideal for business strategists, entrepreneurs, and innovation leaders. Practical outcomes include improved market differentiation, better identification of new market opportunities, and enhanced ability to execute innovative strategies.
Learners will explore techniques such as value innovation, strategic canvas analysis, and differentiation strategies. Tools like Blue Ocean Strategy frameworks, market research tools, and strategic planning software will be covered to help learners implement and manage Blue Ocean strategies effectively.