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Are You Chum? All About Red Oceans. - S7 E3
Manage episode 453249020 series 3590047
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Takeaways
- Red Oceans are characterized by intense competition and limited resources.
- In a Red Ocean, businesses focus on beating competitors rather than creating new value.
- Conventional wisdom often leads to stagnation in business practices.
- Education systems may indoctrinate individuals into Red Ocean thinking.
📖 Buy "Blue Ocean Strategy" by W. Chan Kim | Renee Mauborgne
Suggested Content
Chapter Markers:
00:00 - Introduction to Red and Blue Oceans
02:47 - Understanding Red Oceans
05:50 - The Limitations of Conventional Wisdom
09:01 - The Path to Blue Oceans
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