Red Ocean Traps
Red Ocean Traps
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Book Summary
As established markets become less profitable, companies increasingly need to find ways to create and capture new markets. Despite much investment and commitment, most firms struggle to do this. What, exactly, is getting in their way? The authors of the best-selling book Blue Ocean Strategy have spent over a decade exploring that question. They have seen that the trouble lies in managers' mental models—ingrained assumptions and theories about the way the world works. Though these models may work perfectly well in mature markets, they undermine executives' attempts to discover uncontested new spaces with ample potential (blue oceans) and keep companies firmly anchored in existing spaces where competition is
ISBN-13
9781633692664
Language
English
Binding
Paper Back
Publisher
Harvard Business School Publishing
Publishing Date
2017-06-20
Product Edition
1
Total Pages
80

Red Ocean Traps

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Product Specifications
Book Summary
As established markets become less profitable, companies increasingly need to find ways to create and capture new markets. Despite much investment and commitment, most firms struggle to do this. What, exactly, is getting in their way? The authors of the best-selling book Blue Ocean Strategy have spent over a decade exploring that question. They have seen that the trouble lies in managers' mental models—ingrained assumptions and theories about the way the world works. Though these models may work perfectly well in mature markets, they undermine executives' attempts to discover uncontested new spaces with ample potential (blue oceans) and keep companies firmly anchored in existing spaces where competition is
Book Specifications
ISBN-13
9781633692664
Language
English
Binding
Paper Back
Publisher
Harvard Business School Publishing
Publishing Date
2017-06-20
Product Edition
1
Total Pages
80