Category: Blue Ocean Articles

  Over 600 executives came together for the 6th edition of the Blue Ocean Awards, held on 7 November 2019 at the Ministry of Economy and Finance, Paris, France. The competition, inspired by Blue Ocean Strategy, recognizes the most innovative, ambitious French entrepreneurs striving to create their own blue oceans.   BLUE OCEAN CITIES OF TOMORROW The theme of this year’s event was, How can cities shift out of red ocean competition to create blue ocean cities of tomorrow. Blue ocean cities are where growth is strong, companies thrive, jobs are created and our communities are safe, happy, and flourishing. In the drive to foster a vibrant future economy, the French Ministry of Economy and Finance supports and hosts the ever-growing Blue Ocean Awards. The event is organized by Alban…

Are you a parent, uncle or aunt of a high school student? Do you have friends who have teenagers? Or are you a high school student yourself?  If yes, here’s an opportunity you’ll want to partake in or share.  It’s called the Blue Ocean High School Entrepreneurship Competition – now the largest virtual high school entrepreneurship competition in the world. Here high school students get a chance to polish their pitching skills, earn cash prizes, and build their resumes all for free.   Did you know?   Did you know that 66% of young people want to start their own business? But only 45% of new businesses survive after 5 years, and only 16 % survive after 10 years. At the same time, while small and medium businesses represent 98%…

How Asia’s largest opium-producing area was transformed into one of the world’s best examples of sustainable development By J. Rae Cho & Gowrishankar Sundararajan, Value Innovation Group ‘The DTDP is one of the world’s best examples of sustainable development’. The best-laid plans of an organization come to nothing if employees are not behind them. This is because most organizations face internal hurdles to change – from cognitive hurdles of people wedded to the status quo to political hurdles created by deep divisions and silos that breed infighting. If you do not address these hurdles to execution upfront, your efforts at change are likely to fail. Building people’s trust and aligning them with a new strategy is critical. This is especially true in the innovation-driven economy where organizations depend on employees’…

Nicholas Benavides, The Founder | Ted Dacko, The Executive Director of the Blue Ocean Entrepreneurship Competition In June 2018, Ted Dacko was appointed Executive Director of the Blue Ocean Entrepreneurship Competition for high school students. Dacko is perfectly suited to this role. In his former role as CEO of HealthMedia, Dacko applied the blue ocean approach and tools to shift the company from a once-struggling $6-million-dollar company to one worth $185 million in just two years. And all that during the 2007-2008 global financial crisis. Ted Dacko’s commitment to blue ocean principles and his vast entrepreneurial experience have been hugely beneficial in taking the competition to a new level in the 2018-19 year, which just concluded. As Executive Director, Ted has successfully transitioned the Blue Ocean Entrepreneurship Competition from a high-school…

When a company seeks to capture new markets, restore or grow market share, and transcend competition, someone has to lead.