Blue Ocean Strategy, Expanded Edition

By W. Chan Kim, Renée Mauborgne

Categories: Business & Money

Business professors W. Chan Kim and Renée Mauborgne argue that companies should stop fighting rivals in crowded markets, which they call red oceans, and instead create blue oceans: untapped market spaces where competition becomes irrelevant. First published in 2005 and expanded in 2015, the book offers analytical frameworks and tools for creating a leap in value for buyers and the company at the same time, unlocking new demand rather than dividing up existing demand.

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