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Blue Oceans
I read an old Harvard Business Review article about “Blue Ocean Strategy” the other day (Blue Ocean Strategy. (2004). Kim, W. C. and Mauborgne, R. Harvard Business Review (October), 77-84.). The article was rather well written, and I have found it very useful in evaluating business opportunities. Saturated markets with intense competition, according to the article, are “red” oceans. Companies in these markets tear at one another like sharks, filling the blood with water. Innovative companies recognize opportunities to create “blue” oceans in similar markets but where there is no competition. In my experience, I have seen at least two…