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Blue Ocean Strategy

By W. Chan Kim, Renée Mauborgne

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About the book

INSEAD professors W. Chan Kim and Renée Mauborgne argue that companies battling rivals for a shrinking pool of profit are trapped in a red ocean, and that lasting growth comes from creating uncontested market space instead. Their case draws on 150 strategic moves studied across 30 industries over more than a century. The first part introduces value innovation, the pursuit of low cost and differentiation at once, along with tools such as the four actions framework and the strategy canvas. Later parts set out four principles for forming strategy and two for carrying it out, tipping point leadership and fair process. An expanded edition followed in 2015, along with the sequels Blue Ocean Shift and Beyond Disruption.

Ryan Holiday said a simple recommendation to read it ended up shaping his life and career, and FUBU founder Daymond John counts it among the newer business books he loves.

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This book has 10 recommendations

Daymond John (Founder/FUBU)

There are the normal ones that everybody loves. There would be "Rich Dad Poor Dad," "Who Moved My Cheese?;" I love all the Dale Carnegie books; "The One Minute Manager." I love newer ones like "Blue Ocean Strategy" and all the "Freaknomics" books.

Recommended by Bogdan Iordache (Co-Founder/How to Web)

Source: Bogdan Iordache: Recommended Books and Learnings

Ryan Holiday (Founder/Brass Check)

I don’t remember who originally told me to read Blue Ocean Strategy but I’m glad they did because this simple recommendation would substantially shape the course of my life and my career.

Irina Botnari (Managing Partner & Co-Founder/Bucur's Shelter Hostel)

Businesswise, Blue Ocean Strategy systematized in one place all the concepts I was pondering about. The main lesson: make it count. Create value innovation which will make your competition irrelevant. As simple as that.

Darren Chua (Co-Founder & CEO/Markedshot)

When asked what books he'd recommend to young people interested in the same career path, Darren Chua mentioned Blue Ocean Strategy.

Darvin Kurniawan (CEO & Founder/CrowdVilla)

"Blue Ocean Strategy" by W. Chan Kim‎ and Renée Mauborgne is another book that helps me understand about creating new market, which is inline with what a startup need (from the traditional fighting for market share, to the Blue Ocean way of creating a new market).

Recommended by Louis Grenier (Podcaster in Chief/Everyone Hates Marketers)

Source: Everyone Hates Marketers - How Louis Grenier Built a Podcast Out of Love for True Marketing

Santiago Basulto (Co-Founder/rmotr.com)

It’s hard to pick a favorite business book, they all have a lot of insight spread among different publications. But if I’d need to choose one, it’d be The Blue Ocean Strategy. It completely changed my way of seeing business when I was just getting started. It’s filled with amazing stories and insights.

Ayush Kumar (Founder/YourBroStore.com)

One doesn't necessarily need to take from others to fill their glass & you can always build a successful business in any industry.

Jeremy Boudinet (Marketing Manager/Nextiva)

Blue Ocean Strategy is a fascinating look at how innovative companies create new markets and demand for products that previously did not exist. It's a landmark book with some fascinating case studies (ex. Cirque de Soleil creating a new product - the high-end circus).

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See more books recommended by

Daymond John, Bogdan Iordache, Ryan Holiday, Irina Botnari, Darren Chua, Darvin Kurniawan, Louis Grenier, Santiago Basulto, Ayush Kumar, Jeremy Boudinet

See more books written by

W. Chan Kim, Renée Mauborgne

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