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Blue Ocean Strategy is a business strategy book that promotes a systematic approach "for making the competition irrelevant."The authors, W.Chan Kim and Renée Mauborgne, are professors of Strategy and Management at INSEAD. A core idea is to create a leap in value for both the company and its buyers by breaking the differentiation/low cost trade-off and to align product value and profit propositions.
Blue Ocean Strategy is the result of a decade-long study of 150 strategic moves spanning more than 30 industries over 100 years (1880-2000). In addition to retrospective case studies, the book offers theoretical approaches and practical tools to create and capture "blue oceans". Kim and Mauborgne argue that tomorrow’s leading companies will succeed not by battling competitors, but by creating “blue oceans” of uncontested market space ripe for growth.
This best seller sold more than a million copies in its first year of publication and is being published in 39 languages.
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