Q Comparison of Blue Ocean vs the Red Ocean Strategy with Examples Home, - Blue Ocean vs the Red Ocean Strategy Question: Discuss the Blue Ocean vs the Red Ocean Strategy and provide at least 5 points of differentiation between Blue Ocean vs the Red Ocean. Explain using an example of a company, service or product what the Product Changes (at least one per product change) are which makes this a blue Ocean strategy company, product or service. Red Ocean Strategy Blue Ocean Strategy Compete in existing market space. Create uncontested market space Beat the competition. Make the competition irrelevant. Beat the competition. Make the competition irrelevant. Exploit existing demand. Create and capture new demand. Make the value-cost trade-off. Break the value-cost trade-off. Align the whole system of a firm's activities with its strategic choice of differentiation or low cost. Align the whole system of a firm's activities in pursuit of differentiation and low cost. Example of blue ocean company The Canadian based company cirque du soleil invent a blue ocean market place. The nature of the business is circus. The company faced issues due to decreased audiences and less profit. Original business of the company: Business target to kids Circus using clowning and animals Decreased audiences Blue ocean market Targets are adults and kids Include astonishing acts Not focusing on animals and clowns Related: Explain the IT Productivity Paradox Describe the concept of strategic alignment List and explain the six (6) Strategic Alignment Maturity Criteria Describe the role of a modern CIO Traditional strategic planning with sustainable competitive advantage Blue Ocean vs the Red Ocean Strategy What is what outsourcing? Importance of change management in the implementation of strategy Management of emerging technologies
Related :- Q Traditional strategic planning with sustainable competitive advantage ICT622 Information Technology Strategy - traditional strategic planning with sustainable competitive advantage Q Describe the role of a modern CIO - Strategic Alignment Describe the role of a modern CIO. How has it changed over time? What role can a CIO play in attaining strategic alignment? Q List and explain the six (6) Strategic Alignment Maturity Criteria ICT622 Information Technology Strategy Exam Ques - list and explain the six (6) strategic alignment maturity criteria Q Describe the concept of strategic alignment describe the concept of strategic alignment. explain how the maturity of an organization’s strategic alignment can impact its ability to execute an it strategy Q Explain the IT Productivity Paradox ict622 information technology strategy - explain the “it productivity paradox”. does it really exist? Q Marketing with reference to the value proposition and positioning. questions are related to marketing helped in obtaining in depth knowledge about the market of the oneplus as compared with the other smart phone brand. Q Facilitating Change in Health and Social Care-impact of change Questions are related to Facilitating Change in Health and Social Care to work in an effective manner, health care organizations need changes from time to time. Q Supporting self -management of patients suffering from chronic obstructive Write a report on supporting self -management of patients suffering from chronic obstructive Q Business Ethics consider before we are able to come up with decisions Questions focuses on Business Ethics include the entire company, the consumers of the product, the co-workers and the QC director. Q The Growth of Jails in Rural America for databases & primary research Assignment discusses about The Growth of Jails in Rural America implications of research design impacted the research questions utilized in your proposal.