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B. Sai sastha
Consultant, India
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Blue Ocean Strategy Disadvantages
While most of the participants in this forum are quick to point out the first mover advantage that a BOS creator gets, we need to be aware of the cost in case the strategy flops. Given today's global economic conditions and aversion of companies towards cost & risk, can BOS still be a valid business strategy?
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Ceferino Dulay, Jr.
Philippines
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Risk of Being in Business
Risk is always present in any business. The benefits one gets out of being "first mover" will really compensate the cost. Even a company that is not willing to take risk and stay in the red ocean is always at risk of being overwhelmed by competition. It's a matter of choice in the end. And of reducing the risk at every point and keeping your eyes wide open.
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Yves Leduc
Consultant, Belgium
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Blue Ocean Strategy Disadvantages: No Track Record
I confirm risk is always present. In a "new" market, it may take longer time to convince your potential customers about the benefits of your product or service offer, even if it is obvious for all parties to go for a win-win. You have no "track record" yet as evidence of your ability to deliver.
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Dominique VOMSCHEID
Business Consultant, France
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Dealing with Blue Ocean Strategy Disadvantages
To determine a strategy is always risky, but neede (...)
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Thomas Czekala
Management Consultant, Switzerland
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Blue Ocean Strategy - Chances and Risks
Blue or red ocean strategies are like revolution a (...)
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HARWINDAR SINGH
Business Consultant, Malaysia
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BOS is not for Everyone
What I have observed is that companies which are i (...)
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KATHRYN STEINER, MBA
Entrepreneur, United States
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Protection Against BOS Disadvantages
The only way to compete in a global economy is thr (...)
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Andrew Nelson
CEO, Australia
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BOS is All About Managing First Mover Risk
I think you have a valid point that many BOS write (...)
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Pasquini
ICT Consultant, Italy
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Discovery Driven Planning
I read 'Discovery-Driven Growth' written by Rita G (...)
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KATHRYN STEINER, MBA
Entrepreneur, United States
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Red and Blue Ocean Risk Must Be Understood and Minimized
Today I heard that the importance is understanding (...)
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Nedyalko Terziev
Student (MBA), Singapore
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Going BO Doesn't Mean You Throw Away your Existing Products
I was present at a recent lecture by Dr. Kim and o (...)
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