Value innovation is the cornerstone of blue ocean strategy. We call it value innovation because instead of focusing on beating the competition, you focus on making the competition irrelevant by creating a leap in value for buyers and your company, thereby opening up new and uncontested market space.
W. Chan KimRelated topics
beating call company focusing innovation leap making market ocean space valueRelated quotes
You know when a company wants to use letters in their phone number to be catchy? But often times they use too many letters. "Give us a call down here at 1-800-I-Really-Enjoy-Carpeting." It's too many letters, man. "Hello?" "Hold on, I'm only on 'Enjoy'! How did you know I was calling? I can see why they hired you!"
Mitch Hedberg
The desktop computer industry is dead. Innovation has virtually ceased. Microsoft dominates with very little innovation. That's over. Apple lost. The desktop market has entered the dark ages, and it's going to be in the dark ages for the next 10 years, or certainly for the rest of this decade.
Steve Jobs