150x Filetype PPTX File size 1.34 MB Source: kimboal.ba.ttu.edu
Cirque du Soleil Canada’s Largest Cultural Exports Created by Guy Laliberte in 1984 Global champion of the circus industry Circus/Theatre Hybrid Red/Blue Ocean Comparison Represents all the • Represents all the industries in existence industries NOT in today. existence today • The unknown market The known market • It is defines by untapped Industry boundaries market space, demand are defined and creation, and the accepted, and the opportunity for highly competitive rules of profitable growth • Innovation-based the game are known • Unlimited busniess Competition-based opportunities Red Ocean Blue Ocean Why create Blue Oceans? Value Innovation The cornerstone of Blue Ocean Strategy. Focuses on making the competition irrelevant by creating a leap in value for buyers and your company, thereby opening up new and uncontested market space. Occurs by aligning innovation with utility, price and cost positions. Value Innovation
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