Knocking Down False Boundaries - S7 E6
Takeaways
- Competition is not always traditional; it can be about priority in the consumer's mind.
- Blue Ocean Strategy encourages creating new markets rather than competing in existing ones.
- Understanding boundaries is crucial for innovation and growth.
- A mindset shift is necessary to break free from conventional limitations.
- The business landscape is not as rigid as it seems; many rules are self-imposed.
📖 Buy "Blue Ocean Strategy" by W. Chan Kim | Renee Mauborgne
Suggested Content
Chapter Markers:
00:00 - The Nature of Competition in Business
02:21 - Understanding Blue Ocean Strategy
03:34 - Breaking Down Boundaries
07:04 - Challenging Accepted Norms
Activity