Blue Ocean Strategy How to create uncontested market space and make the competition irrelevant Chapter#6: Get the Strategic Sequance Right Kelompok-6 Aditya Sidi Dharma Setiawan Golda Indrawani Blue Ocean Strategy Go where the profits and growth are - and where the competition isn’t W. Chan Kim & Renée Mauborgne BOS Logic: The Core Principles Reconstruct Market Boundaries … overcome believes. Reach beyond existing Demand … go for uncontested space. Get the strategic sequence right … value [innovation] first. COST VI VI VALUE Get the strategic sequence right • This is the third principle of BOS • This next challenge is to build a robust business model to ensure that you make a healthy profit on your blue ocean idea. • Here you can see again the Logic of Blue Ocean Strategy: The value innovation, the cornerstone of Blue Ocean Strategy. In order to create blue oceans the companies pursue differentiation and low cost simultaneously. BOS Logic: Get the Strategic Sequence right Buyer utility Is there exceptional buyer utility in your business idea? No Rethink YES Price Is your price easily accessible to the mass of buyers? No Rethink YES Cost Can you attain your cost target to profit at your strategic price? No Rethink YES Adoption What are the adoption hurdles in actualizing your business idea? Are you addressing them up front? YES A commercially viable Blue Ocean Strategy No Rethink
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