{"id":371,"date":"2019-08-22T10:16:23","date_gmt":"2019-08-22T10:16:23","guid":{"rendered":"https:\/\/www.sivioinstitute.org\/labs\/sec\/?page_id=371"},"modified":"2019-11-15T15:29:41","modified_gmt":"2019-11-15T15:29:41","slug":"identifying-growth-spots","status":"publish","type":"page","link":"https:\/\/www.sivioinstitute.org\/labs\/sec\/dynamics-of-growth\/identifying-growth-spots\/","title":{"rendered":"Identifying Growth Spots"},"content":{"rendered":"\n\t\n    \tYou are here:\n<span><span><a href=\"https:\/\/www.sivioinstitute.org\/labs\/sec\/\">Home<\/a><\/span><\/span>\n\n\t<h1>Identifying Growth Spots<\/h1>\n<p>Entrepreneurs have to constantly look for new growth opportunities in order to be successful in a highly competitive and unpredictable environment such as the Zimbabwean context. Blue Ocean strategies provide a gateway to growth opportunities in an innovative non-traditional way. Blue ocean strategy does not aim to out-perform the competition. It aims to make the competition irrelevant by reconstructing industry boundaries. Blue ocean strategy shows how to align the three strategy propositions -value, profit, and people<\/p>\n\t<h2>From Red Oceans to Blue Ocean Strategies<\/h2>\n    <img decoding=\"async\" src=\"https:\/\/www.sivioinstitute.org\/labs\/sec\/wp-content\/uploads\/2019\/08\/Blue-Ocean-Strategy.svg\">\n\t<h2>Red Ocean Strategy Vs Blue Ocean Strategy<\/h2>\n\t<h3>Red Ocean Strategy<\/h3>\n<ul>\n<li>Compete in existing market space<\/li>\n<li>Beat the competition<\/li>\n<li>Exploit existing demand<\/li>\n<li>Make the value-cost trade-off<\/li>\n<li>Align the whole system of a firm\u2019s activities with its strategic choice of differentiation or low cost<\/li>\n<li>Structuralist approach<\/li>\n<\/ul>\n\t<h3>Blue Ocean Strategy<\/h3>\n<ul>\n<li>Create uncontested market<\/li>\n<li>Make the competition irrelevant<\/li>\n<li>Create and capture new demand<\/li>\n<li>Break the value-cost trade-off<\/li>\n<li>Align the whole system of a firm\u2019s activities in pursuit of<\/li>\n<li>Reconstructionist approach<\/li>\n<\/ul>\n\t<h1>Identifying Opportunities for Creating New Value<\/h1>\n<p>Enterprisess have to identify new ways of enhancing their competitive positions by way of looking at various dimensions of managing value that is delivered by their products and services. New Value mapping for SMMEs can be addressed from four different dimensions.<\/p>\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.sivioinstitute.org\/labs\/sec\/wp-content\/uploads\/2019\/08\/Mobile-New-Value-Curve.svg\" alt=\"Mobile New Value Curve\" itemprop=\"image\" height=\"108.4\" width=\"371.6\" height=\"150\" width=\"150\" height=\"300\" width=\"300\" height=\"1024\" width=\"1024\" title=\"Mobile New Value Curve\" onerror=\"this.style.display='none'\"  \/>\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.sivioinstitute.org\/labs\/sec\/wp-content\/uploads\/2019\/08\/Raise.svg\" alt=\"Raise\" itemprop=\"image\" height=\"115.5\" width=\"227.6\" height=\"150\" width=\"150\" height=\"300\" width=\"300\" height=\"1024\" width=\"1024\" title=\"Raise\" onerror=\"this.style.display='none'\"  \/>\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.sivioinstitute.org\/labs\/sec\/wp-content\/uploads\/2019\/08\/Eliminate.svg\" alt=\"Eliminate\" itemprop=\"image\" height=\"116.4\" width=\"227.6\" height=\"150\" width=\"150\" height=\"300\" width=\"300\" height=\"1024\" width=\"1024\" title=\"Eliminate\" onerror=\"this.style.display='none'\"  \/>\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.sivioinstitute.org\/labs\/sec\/wp-content\/uploads\/2019\/08\/New-Value-Curve.svg\" alt=\"New Value Curve\" itemprop=\"image\" height=\"261.6\" width=\"387\" height=\"150\" width=\"150\" height=\"300\" width=\"300\" height=\"1024\" width=\"1024\" title=\"New Value Curve\" onerror=\"this.style.display='none'\"  \/>\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.sivioinstitute.org\/labs\/sec\/wp-content\/uploads\/2019\/08\/Create.svg\" alt=\"Create\" itemprop=\"image\" height=\"115.4\" width=\"227.6\" height=\"150\" width=\"150\" height=\"300\" width=\"300\" height=\"1024\" width=\"1024\" title=\"Create\" onerror=\"this.style.display='none'\"  \/>\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.sivioinstitute.org\/labs\/sec\/wp-content\/uploads\/2019\/08\/Reduce.svg\" alt=\"Reduce\" itemprop=\"image\" height=\"116.6\" width=\"227.6\" height=\"150\" width=\"150\" height=\"300\" width=\"300\" height=\"1024\" width=\"1024\" title=\"Reduce\" onerror=\"this.style.display='none'\"  \/>\n","protected":false},"excerpt":{"rendered":"<p>Identifying Growth Spots Entrepreneurs have to constantly look for new growth opportunities in order to be successful in a highly competitive and unpredictable environment such as the Zimbabwean context. Blue Ocean strategies provide a gateway to growth opportunities in an innovative non-traditional way. Blue ocean strategy does not aim to out-perform the competition. It aims &#8230; <a title=\"Identifying Growth Spots\" class=\"read-more\" href=\"https:\/\/www.sivioinstitute.org\/labs\/sec\/dynamics-of-growth\/identifying-growth-spots\/\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":326,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-371","page","type-page","status-publish"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Identifying Growth Spots - SIVIO Entrepreneurship Lab<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sivioinstitute.org\/labs\/sec\/dynamics-of-growth\/identifying-growth-spots\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Identifying Growth Spots - SIVIO Entrepreneurship Lab\" \/>\n<meta property=\"og:description\" content=\"Identifying Growth Spots Entrepreneurs have to constantly look for new growth opportunities in order to be successful in a highly competitive and unpredictable environment such as the Zimbabwean context. 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