The Blue Ocean Strategy Helps Students Find Their Career Path

Life offers infinite opportunities. Recently I am working on various projects in the Demola community. This organization provides a wonderful opportunity for students to add real life to the traditional career path. In other words, students work on interdisciplinary team projects and work with partner companies to solve real problems. I am aware of three major issues that are closely related to the key points of the Blue Ocean strategy. First, I will make a value. Our new products / services are valuable to our customers compared to the old model.

Two important issues discovered in the decade since the Blue Ocean strategy was formulated. First of all, you should not try to follow both ways at the same time. Do not try to sell new products to new customers. Secondly, not every sea is always blue. When you prove the feasibility of the new market, the competition will try to follow you in the blue sea, watching your earnings and eventually turning your blue sea into red

The Blue Ocean strategy is another way to approach strategy, not to compete with the existing market (Red Sea). First, competition is also an important issue in almost all external environmental strategy analyzes, and in many mature markets, growth only slows as more donation increases. So, how do you create a new market? The first thing you have to do seems to be almost obsessed with the curse of brand and positioning fundraising activities. The core of the Blue Ocean strategy is that we need to make the competition irrelevant. To achieve this, it is necessary to create a dramatic improvement in value for consumers / donors while reducing costs.

To change the shape and change the position of Hyde, Derek began applying a popular business strategy called Blue Ocean Strategy. Basically, this strategy explains that competitors are competing for the advantage, not the Red Sea. Since the beginning of 2017, he is trying to add a pop-up store outside the festival and during the festival. For example, a total of 15,000 people participated in the 2017 Singapore Coffee Festival. It is 15,000 potential people, you can try Hyde's food and understand their brands.