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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 ...
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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 needed if you want to get out the competition; but specially for first move...
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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 and evolution: if you survive the revolution and take over the "market"...
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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 in industries with growth potential, dynamic technologies and are more ...
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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 through differentiation and low cost. There are restrictions and rules th...
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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 writers don't use the language of the risks of first mover advantage, but t...
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Pasquini ICT Consultant, Italy
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Discovery Driven Planning
I read 'Discovery-Driven Growth' written by Rita Gunther McGrath and Ian C. Macmillan.
That could be a good way to mana...
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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 the trends that are emerging. That will yield successful results and ...
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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 one of the things he emphasized is that every company needs a portfolio...
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