iue ULedli
Strategy
How to Create Uncontested Market Space and
Make the Competition Irrelevant
W. Chan Kim
Renee Mauborgne
HARVARD BUSINESS SCHOOL PRESS
BOSTON, MASSACHUSETTS
Copyright 2005 Harvard Business School Publishing Corporation All rights reserved Printed in the United States of America
09 08 07 06 05 5 4 3 2 1 No part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form, or by any means (electronic, mechanical, photocopying, recording, or otherwise), without the prior permission of the publisher. Requests for permission should be directed to permissions@hbsp.harvard.edu, or mailed to Permissions, Harvard Business School Publishing, 60 Harvard Way, Boston, Massachusetts 02163.
Library of Congress Cataloging-in-Publication Data Kim, W. Chan. Blue ocean strategy: how to create uncontested market space and make the competition irrelevant / W. Chan Kim, Renee Mauborgne. p. cm. Includes bibliographical references and index. ISBN 1-59139-619-0 (hardcover: alk. paper) 1. New products. 2. Market segmentation. I. Mauborgne, Renee. II. Title. HF5415.153.K53 2005 658.8'02-dc22 2004020857 The paper used in this publication meets the requirements of the American National Standard for Permanence of Paper for Publications and Documents in Libraries and Archives Z39.48-1992
To friendship and to our families, who make our worlds more meaningful