29 October 2009

BOS Glossary - Adoption Hurdles

Blue Ocean Strategy Glossary - Adoption Hurdles

Adoption Hurdles are the forces that can block one from executing a Blue Ocean Strategy. These forces may come from employees, business partners, or even the general public. Employees may fear how a new strategy will impact their current responsibilities within the company. Business partners may fear being cut out or losing importance in the new strategy. The general public may see the new strategy or offering as challenging established social or political norms. As the participation of these three parties is vital to the successful execution of a Blue Ocean Strategy, a company must address these fears before implementing a new strategy. This can be done by engaging in open discussion with them, explaining why the new business idea is needed, and how it will be implemented. See Tipping Point Leadership.

Source: For more BOS glossary, visit http://www.blueoceanstrategy.com/abo/glossary.php

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