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Quote of the Month

“There is only one thing in the world worse than being talked about, and that is not being talked about.”
— Oscar Wilde

Featured Book
Now, Discover Your Strengths
Now, Discover Your Strengths
by Marcus Buckingham and
Donald O. Clifton
Featured Book - Blue Ocean Strategy: How to Create Uncontested Market Space and Make Competition Irrelevant
by W. Chan Kim, Renée Mauborgne
Blue Ocean Strategy: How to Create Uncontested Market Space and Make Competition Irrelevant

Authors W. Chan Kim and Renée Mauborgne use the metaphor of the "blue ocean" to describe for companies their vision of expanding, competitor-free (or light) markets that reprsent "untapped market space" and the opportunity for "highly profitable growth". They claim that the reason more companies haven't "set sail" in search of these is that the majority of strategy work done over the past 25 years has been focused instead on "red oceans", where the emphasis is on how to take share away from market competitors. As examples of companies who have successfully gone into "blue oceans" the authors, both professors at France's INSEAD, the world's second largest business school, cite Southwest Airlines, Curves, Starbucks and Cirque du Soleil. They urge companies to "value innovation" that focuses on "utility, price, and cost positions," to "create and capture new demand".

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