W. Chan Kim

I love this book because it completely reframes how we think about competition and business growth. Blue Ocean Strategy by W. Chan Kim and Renée Mauborgne challenges the traditional notion that companies must fight over existing market share. Instead, it presents a compelling framework for creating “blue oceans”, untapped market spaces where competition is irrelevant. The concepts are backed by extensive research and real-world examples, making the ideas both credible and inspiring.

What show more stood out to me most was how actionable the book is. The authors introduce tools and strategies, like the Strategy Canvas and the Four Actions Framework, that guide companies in discovering new value propositions and breaking away from crowded industries. It’s not just theory; it’s a practical roadmap for innovation that encourages creative thinking, risk-taking, and long-term planning. Reading it made me reflect on how even established businesses can reinvent themselves by looking beyond the obvious competitive battles.

If there’s a minor critique, it’s that some of the case studies are dated or industry-specific, which may feel less relevant to certain sectors today. However, the underlying principles are timeless and widely applicable. I recommend this book to entrepreneurs, managers, and anyone interested in strategic innovation, it’s a must-read for thinking differently about growth and market opportunities. show less

Blue Ocean Strategy really opened my eyes to a new way of looking at strategy. Although each of the companies highlighted in the book were not new information for me, I had never thought about what they've accomplished in terms of a Blue Ocean Strategy. This book takes something that any business person knows intuitively and puts it into a concrete methodology that can be applied in your own business.

One such methodology is the Eliminate-Reduce-Raise-Create grid. Since reading that chapter, show more I've been applying the grid to nearly everything I've come across. It is a great way to have a fresh look at just about every aspect of your business. Look at your competition and identify what they are doing that can be completely eliminated without damaging your value to customers. For Southwest Airlines, it was seat assignment. Then look at what you can reduce that will set you apart. Again, for Southwest, it was meals. Now, although serving peanuts instead of a full meal is common-place today, when Southwest started doing it, it was a completely new idea. Next, look at what you can raise. What is your competition doing that you can do better, but that will also raise the value for your customers? For Southwest, it was the level of service. Southwest is known for their great customer service. Finally, what can you create that your competition isn't doing? Southwest created the short point-to-point departure system that made shorter trips more affordable for everyone.

There are a lot of other tools in this book that any business owner or corporate department manager can quickly apply and improve in their own business. show less

This book had me for the first part and lost me for the second. The first half of the book explains Blue Ocean Strategies. Go where your competitors aren't sounds impossible. It is not. And being reminded in such a compelling and forceful way was well worth the price of admission. The implementation guide is clearly created by smart academics. It is too ivory tower and not nearly enough throw the computer on the ground and figure it out. Way too complicated, these are Harvard guys after all show more (LOL). I walked away thinking no way you could go through the exercise without a consultant (which may be the point), but it doesn't matter as there is plenty of useful, actionable stuff in the first half. show less

A little unrealistic from my perspective. This is in the top echelon of business books, no doubt. However, I thought it was a little idealistic in its portrayal that any business can seek and find a blue ocean strategy, that the concept is original, and somewhat trivializes switching out revenue. I thought the concept of competing against substitutes using a new business model was a recast of Michael Porter, with a dash of the Innovator's Solution by Christensen. It seemed to not be written show more by CEO's but more like consultants or theoreticians who'd found a trend or phenomenon, rather than how -- if you own or run an existing business - can you rip it toward Blue Ocean. This will be a great book if you like Jim Collins or Christensen or generally business books, but moreso if you are aspiring rather than existing CEO. show less