XLRI - Xavier School of Management

Strategic Market Creation: The Blue Ocean Strategy

XLRI - Xavier School of Management

Marketing and Sales

About Programme

Learn to create uncontested market space by redefining value, driving innovation, and unlocking new growth opportunities.

Business strategies primarily focus on outperforming competitors and capturing a larger market share. However, these strategies are becoming susceptible to increasing competition in a globalized world. The traditional approach fails to account for disruptive innovations because industry boundaries are becoming increasingly fragile. Consequently, many successful companies of yesteryear are struggling to maintain their dominance. Hence, in this complex business environment, companies are required to create a new market, also known as a Blue Ocean. The challenge for aspiring managers is to sense and seize new growth opportunities by looking beyond existing customers.

Programme Content

Develop the capability to move beyond competition and create new market space.

Foundations of Blue Ocean Strategy

Understand strategic management principles and the limitations of competition-driven approaches.

ERRC Framework for Value Innovation

Apply the Eliminate-Reduce-Raise-Create framework to reconstruct value and unlock new opportunities.

Strategy Canvas & Market Exploration

Use visual tools to analyze industries and identify areas for differentiation and innovation.

Executing & Sustaining Blue Ocean Strategy

Learn how to implement, scale, and sustain market-creating strategies within organizations.

Pedagogy

A hands-on, application-oriented approach to mastering Blue Ocean Strategy frameworks.
Interactive Lectures & Frameworks

Engaging sessions covering core concepts of market creation and value innovation.

Case Study Analysis

In-depth exploration of real-world successes and failures in applying Blue Ocean Strategy.

Group Exercises & Practical Application

Apply tools like Strategy Canvas and ERRC grid to design new market opportunities.

Experience Sharing & Reflection

Collaborative discussions to connect frameworks with participants’ business contexts.

Programme Audience

Business Development Executives

Professionals focused on identifying and pursuing new growth opportunities in competitive markets.

Mid-Level Managers

Managers seeking to strengthen strategic thinking and apply innovation frameworks in their roles.

Senior Leaders

Executives driving transformation and aiming to create uncontested market space.

Entrepreneurs & Innovators

Individuals exploring new business opportunities through value innovation and differentiation.

Programme Benefits

A hands-on, application-oriented approach to mastering Blue Ocean Strategy frameworks.
Interactive Lectures & Frameworks

Engaging sessions covering core concepts of market creation and value innovation.

Case Study Analysis

In-depth exploration of real-world successes and failures in applying Blue Ocean Strategy.

Group Exercises & Practical Application

Apply tools like Strategy Canvas and ERRC grid to design new market opportunities.

Experience Sharing & Reflection

Collaborative discussions to connect frameworks with participants’ business contexts.

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Prashansa Uttam

Programme Advisor

+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

XLRI - Xavier School of Management

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https://www.xlri.ac.in
Jamshedpur, India

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Strategic Market Creation: The Blue Ocean Strategy | XLRI