being good isn't good enough: become a market leader

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being GOOD isn't ENOUGH GOOD DEETER karl operations manager TOWNLEY andrew managing director become a MARKET LEADER Copyright 2009 Karl Deeter & Andrew S. Townley

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Page 1: Being Good Isn't Good Enough:  Become a Market Leader

beingGOODisn't

ENOUGHGOOD

DEETERkarl

operations managerTOWNLEY

andrew

managing director

become a

MARKET LEADER

Copyright 2009 Karl Deeter & Andrew S. Townley

Page 2: Being Good Isn't Good Enough:  Become a Market Leader
Page 3: Being Good Isn't Good Enough:  Become a Market Leader

understandingunderstanding

Blue OceansBlue Oceans

Page 4: Being Good Isn't Good Enough:  Become a Market Leader

Speed of an airplane+ economy & flexibility

= air travel utility &low cost business model

Page 5: Being Good Isn't Good Enough:  Become a Market Leader

Cirque du Soleil

No animalsNo “stars”One arena

Unifying themeRefined venuesArtistic actsBetter margins

Unquestionably unique

Page 6: Being Good Isn't Good Enough:  Become a Market Leader

finding yourfinding your

Blue OceansBlue Oceans

Page 7: Being Good Isn't Good Enough:  Become a Market Leader

1. What do you take for granted?1. What do you take for granted?

2. What is “industry standard”?2. What is “industry standard”?

Create it!Create it!3. What's never been offered?3. What's never been offered?

Reduce something significantly, &Reduce something significantly, &Raise something significantly!Raise something significantly!

Eliminate it!Eliminate it!

Page 8: Being Good Isn't Good Enough:  Become a Market Leader

How?How?

Page 9: Being Good Isn't Good Enough:  Become a Market Leader

Alternative markets

Go beyond existing groups

Redefine your buyers

Complementary offerings

Shift emotion vs. utility

Lead vs. follow

Page 10: Being Good Isn't Good Enough:  Become a Market Leader

ExecuteExecutedon't forget todon't forget to