crazy-read-2018-blue-ocean-strategy

Crazy Read 2018 – Blue Ocean Strategy

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BOOK #20

Book Title:      Blue Ocean Strategy

Author:            W. Chan Kim and Renee                                    Mauborgne

Length:            224 Pages

Score:               4/10

What I Loved 

I loved the idea of the book, the concept of not using your competitors as focus to building business but looking at what’s missing and other areas of industry to find the direction your company should be going in.

Loved the very basic “Red Ocean Traps” in the back from page 216 on.

On page 12 it talks about Value Innovation which I loved.

“What consistently separates winners from losers in creating blue oceans was their approach to strategy.

The companies caught in the red ocean followed by a conventional approach, racing to beat the competition by building a defensible position within the existing industry order.

The creators of blue oceans, surprisingly, didn’t use the competition as their benchmark. Instead, they followed a different strategic logic that we call value innovation.

Value innovation is the cornerstone of blue ocean strategy. We call it value innovation because instead of focusing on beating the competition, you focus on making the competition irrelevant by creating a leap in value for buyers and your company, thereby opening up new and uncontested market space.”

       

                                   blue-ocean-strategy-bookshelf

What I didn’t love

I found large parts of the book made no sense and it was not easy to follow.

It wasn’t an easy read, even remotely, and talking to other people about their thoughts on it got the same feedback.

I think for the right brain that thinks in a very strategic, analytical and linear it may make sense. I couldn’t get into it, it never hit me emotionally, which didn’t allow me to dive in.

I walked away from it more confused than when I went in.

In some training I did I hear Marie Forleo use this book in a way to describe business that made 10 x more sense to me.

I feel like taken the wrong way or wrong personality this could actually harm your own company.

Who I would recommend it to

I don’t know…

Would I read it again 

No.

Blue Ocean Strategy Review – Watch Now

Check Out This Book For Yourself

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