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Middle East Management Centre (MEMC) will be conducting for the first time in the Gulf the Blue Ocean Strategy (BOS) executive workshops in Abu Dhabi and Doha on March 6 and 8, respectively. The aim of BOS is not to out-perform the competition in the existing industry, but to create new market space or a blue ocean, thereby making the competition irrelevant. The BOS was developed by Professors W Chan Kim and Renée Mauborgne. The strategy is the result of a decade-long study of 150 strategic moves spanning more than 30 industries over 100 years.
Nader Hamid, Customized Solutions Manager of MEMC, said: “In this one-day BOS executive workshop in each city, participants will be able to understand how they can break away from the competition by following a rigorous and systematic process to create and capture high-growth and profitable new markets.”