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Strategy

Blue Ocean Strategy

Animated whiteboard explainer: Blue Ocean Strategy

Kim & Mauborgne, 2005 0:39 Whiteboard video

Overview

What if you could create new markets instead of fighting over existing ones? That's the power of Blue Ocean Strategy. This framework helps businesses break free from competition by opening up untapped market spaces.

Key Components

It works when industries are saturated and growth is stagnant. The visual model shows two oceans: the red, where companies compete, and the blue, where new demand is created.

How to Apply

To apply it, look for ways to innovate and redefine industry boundaries. By doing so, you make competition irrelevant.

Key Insight

Blue Ocean Strategy isn’t just about surviving—it's about redefining what's possible.