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Management Tools For Leaders: Red Ocean/Blue Ocean Strategy

Rich Gee Group

History: Red Ocean/Blue Ocean is a strategy developed by W. Chan Kim and Renée Mauborgne, professors at INSEAD. Blue Ocean Strategy — Make The Competition Irrelevant — create demand not currently in existence, rather than fighting over it — a new marketplace that hasn’t been explored/developed. Be the Big Fish in the pond.

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Revealing Leadership Insights From Thinkers50

Tanveer Naseer

The book introduced the idea of disruptive innovation to a generation of managers and explained why the management practices that have allowed them to become industry leaders also make it hard for companies to develop the disruptive technologies that ultimately steal away their markets. Stuart is editor of Business Strategy Review.

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Closing the Gap Between Blue Ocean Strategy and Execution

Harvard Business Review

For any strategy to be successful and sustainable, an organization must develop an offering that attracts buyers; it must create a business model that enables the company to make money out of its offering; and it must motivate the people working for or with the company to execute the strategy. Chan Kim Renee Mauborgne. Excerpted from.

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Toys ‘R’ Us Is Dead, but Physical Retail Isn’t

Harvard Business Review

A more interesting development — one more pertinent to the challenges Toys “R” Us is facing — is the emergence of “shoppable showrooms.” ” At places like Bonobos Guide Shops and J. None of these ideas are necessarily bad, but they fail to address the shifting economics of retail.

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The Making of an Innovation Master

Harvard Business Review

For example, I'm sure that most innovation practitioners wouldn't put baseball researcher Bill James on their list, but his mission to find patterns, develop theories, and overturn orthodoxy has greatly influenced my own thinking. Chan Kim , and Renee Mauborgne. These three questions lead to obviously biased selections.