What does BOS stand for?

Use of blue ocean strategy Here, the goal is to identify untapped markets (noncustomers), determine their common features, figure out where the potential is high and competition is light, to tailor a price to optimally meet those common needs.

The course aimed at focusing on the concept of blue ocean strategy and its importance and objectives in an extensive practical manner in order to equip participants with the necessary skills to adopt this strategy in their corporations by utilizing effective tools and methods which enable institutions turn new initiatives into more successful, creative and competitive strategies in order to create a new market value rather than adopt the traditional competition strategy.

The concept of Blue Ocean Strategy suggests that businesses can add new categories ?

These innovative companies made proven models of success obsolete by going beyond strategic formulas--and you can, too, using the methods advised in Blue Ocean Strategy.

The authors of Blue Ocean Strategy point to Cirque du Soleil as another example of limiting cost while adding value.

Munir, an affiliate member of the Blue Ocean Strategy Network and founder of San Diego-based Strategize Blue, will present several sessions during the DataPath Summit.

1st Strategic Planning Congress in Sharjah Workshops on Balanced Scorecard Approach and Blue Ocean Strategy to be conducted by American University of Sharjah Government officials, business leaders, and corporate decision makers in Sharjah will be sharing their best practices in strategic planning on Tuesday, June 16, at the 1st Strategic Planning Congress organized by the Alleem Knowledge Center (AKC).

With these insights and your creativity, you should be able to come up with your bank's blue ocean strategy to move away from the devastation of red ocean price competition.