THE PITFALLS OF THE BLUE OCEAN STRATEGY IMPLICATIONS OF “THE SIX PATHS FRAMEWORK”

Peter Lindgren, Kristin Margrethe Saghaug, Suberia Clemmensen

    Publikation: Konferencebidrag uden forlag/tidsskriftPaper uden forlag/tidsskriftForskningpeer review

    Abstract

    The Blue Ocean Strategy (Kim & Mauborgne 2005) has been one of the most
    important analytical techniques related to the area of innovation and new
    business model (BM) innovation since 2005. Today many consultancies and
    managers responsible for innovation use the Blue Ocean framework as one of
    their top 5 innovation tools. Addressing the Blue Ocean framework’s tools,
    this paper will accentuate the importance of using the Six Paths framework
    carefully when generating new business models. It is important to understand
    The Six Paths frame work’s foundation – value. This paper address the
    questions: What does it mean to innovate values related to the Six Paths
    framework? and What are the implications, challenges and pitfalls of the Blue
    Ocean Strategy’s Six Paths frame work – related to exploring and developing
    the values inherent in the company, when pursuing to create a new market?
    OriginalsprogEngelsk
    Publikationsdato2010
    Antal sider17
    StatusUdgivet - 2010
    Begivenhed11th International CINet Conference - Practicing innovation in times of discontinuity -
    Varighed: 5 sep. 20107 sep. 2010

    Konference

    Konference11th International CINet Conference - Practicing innovation in times of discontinuity
    Periode05/09/201007/09/2010

    Bibliografisk note

    ISBN: 978-90-77360-13-2

    Emneord

    • Blue Ocean Six Paths framework program
    • Value
    • Creativity
    • Innovation of Business models
    • Business Models

    Citationsformater