Thursday, April 22, 2010

Red Ocean Strategy


Every once in a while someone writes a book that attempts to change the way we think of business or some aspect of it. I imagine W. Chan Kim and Renee Mauborgne fit this position. Their book "Blue Ocean Strategy" aims to change the way we think about competition.

Without taking anything away from their submissions (it's true for the generality of the population) I think the more accurate position about the competition that threatens your market share the most is the one taken by theory of the "Red Ocean Strategy".

Red Ocean Strategy: To gain greater market share, kill self! You are your own most powerful competition. If anyone can stop you from getting ahead and arriving at your destination, that person has to be you. Paul of Tarsus said "...part of me covertly rebels..." .

Our own internal contradictions are the most powerful competition we have got. It's extremely hard to get ahead without internal concensus; whether you are a person or an enterprise, a house divided against itself will fall.

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