It is a new day and we are back with a new topic of discussion exclusively for you all! Almost all of us have been to beaches for a weekend getaway or long vacations! If not holidays, we have definitely come across visuals of oceans and seas on social media and televisions. Well, oceans are vast, deep, massive, wide and are the most baffling natural wonders of the world.
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Blue Ocean Strategy, Expanded Edition
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By The Maritime Executive. By The Maritime Executive The U. Navy has released a new strategy blueprint intended to "chart a new course for American naval power" in a rapidly-warming Arctic - a "Blue Arctic," with less ice, more shipping and more competition. The report notes that melting sea ice is making it easier to operate in the Arctic, leading to more shipping activity and more economic development in the decades to come. The potential benefits are significant - shorter shipping routes, development opportunities for 13 percent of the world's oil and an estimated 30 percent of its undiscovered natural gas, and the continued access to fish stocks that are migrating northwards.
The Principles Of Blue Ocean Strategy
In particular, they are keen to redesign their strategy along the lines of the much publicized blue ocean strategy and to shift from the red ocean in which they are currently competing. This concept, which seems new, is actually hundreds of years old. It gives the idea of creating Blue Oceans by building a new market space and making the competition irrelevant.
The new system expanded the 10 SIC industry sectors into 20 to reflect the emerging worlds of new industry districts. The Paradox of Strategy. For illustration. To work and protect bluish oceans!