Showing posts with label blue ocean strategy. Show all posts
Showing posts with label blue ocean strategy. Show all posts

Thursday, 19 April 2012

Blue Ocean Strategy for innovative startups

Our Ohm (Overhaul my) Small Business Programme is really taking off with the recent successes of Bixby & Co, Homes of Elegance, Robyn Coles and our other clients we are so very proud of.  Running a small business, especially a startup can be challenging but there is so much information out there to develop the right marketing strategy for you.


I started working with a company that is developing an online software for the airline industry and their offer is like nothing else on the market.  The client, a CIM himself, heard of a strategy that fit his business model quite well and it intrigued me.


This blog is dedicated to innovative startups or spin offs that differentiate themselves and offering it at a low cost.  If your idea or company falls into this category is would be beneficial to look into a Blue Ocean Strategy.  Red is considered the area that is currently the active market with competition and 'Blue Ocean' is considered the new area where differentiation creates a new market and offer.


Blue Ocean Strategy framework & tools include: strategy canvas, value curve, four actions framework, six paths, buyer experience cycle, buyer utility map, and blue ocean idea index."


I encourage new businesses to take the next step in innovation and create new markets.  Good luck out there to all our entrepreneurs with bright ideas.