299x Filetype PPTX File size 1.34 MB Source: kimboal.ba.ttu.edu
Cirque du Soleil
Canada’s Largest Cultural Exports
Created by Guy Laliberte in 1984
Global champion of the circus industry
Circus/Theatre Hybrid
Red/Blue Ocean
Comparison
Represents all the • Represents all the
industries in existence industries NOT in
today. existence today
• The unknown market
The known market
• It is defines by untapped
Industry boundaries market space, demand
are defined and creation, and the
accepted, and the opportunity for highly
competitive rules of profitable growth
• Innovation-based
the game are known • Unlimited busniess
Competition-based opportunities
Red Ocean Blue Ocean
Why create Blue Oceans?
Value Innovation
The cornerstone of Blue Ocean Strategy.
Focuses on making the competition
irrelevant by creating a leap in value for
buyers and your company, thereby opening
up new and uncontested market space.
Occurs by aligning innovation with utility,
price and cost positions.
Value Innovation
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