The book review for this week is Blue Ocean Shift Beyond Competing by W. Chan Kim and Renee Mauborgne.
Blue Ocean Shift is the second book in the “Blue Ocean journey” for Kim and Mauborgne. Here they expand on the concepts defined and outlined in Blue Ocean Strategy published in 2005. It is easy to see that the authors have been busy with research, consulting and projects since then! This book has updated tools, concepts and compelling case studies. Entire countries have got on board and kicked off Blue Ocean initiatives (Malaysia’s National Blue Ocean Shift Summit)!
My takeaway from this book is the Blue Ocean shift diagram (below) and the understanding behind it. Each business leader must continuously strategize on how to move into or stay in a Blue Ocean market. This is a daunting task and takes significant effort, creative thought, innovation, wisdom, and action. However, the alternative, the Red Ocean of cut throat competition, MUST be avoided to avoid the slip into becoming a Red Ocean commodity!
Note that I have previously reviewed the following books in 2018:
- Tim O’Reilly’s Whats the Future and Why Its Up to Us
- Steven Pressfield’s The War of Art
- Timothy Ferriss’ Tribe of Mentors
- Richard P. Feynman’s Surely You’re Joking Mr. Feynman!
- Bernadette Jiwa’s Hunch
- Scott Galloway’s The Four
- William Mougayar’s The Business Blockchain
- Fredrik Haren’s The Idea Book
- David Burkus’ Friend of a Friend
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