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What is Blue ocean strategy?

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Question added by Snaiwer A M , Assistant Financial Controller , SOMFY SAUDI ARABIA Co.
Date Posted: 2015/01/14
Ioannis Kantanoleon
by Ioannis Kantanoleon , Operations Analyst , MBM - TEAM SERVICE Facilities Management LLC

Blue Ocean Strategy is to:

  • create uncontested market space
  • make the competition irrelevant
  • create and capture new demand
  • break the value - cost trade off
  • simultaneous pursuit strategy of differentiation and low cost 

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