Episode 385
This is the Blue Ocean Mindset - S7 E52
Takeaways
- Stop benchmarking competitors and choosing between different action and costs.
- The average age of firms in benchmarks can mislead growth strategies.
- Focus on what outliers are doing to achieve success.
- The Blue Ocean mindset is crucial for leadership.
- Many firms lack a strategic plan or understanding of it.
📖 Buy "Blue Ocean Strategy" by W. Chan Kim | Renee Mauborgne
Suggested Content
Chapter Markers:
00:00 - Introduction to Unleashing Leadership
01:30 - The Importance of Benchmarking
03:47 - Understanding the Blue Ocean Mindset
05:38 - Strategic Planning and Execution
07:48 - Value Innovation in Business