This slide explains Google's Blue Ocean Strategy and how it remains truely competitive! This slide is a perfect example to undertand the blue ocean Red ocean strategy applied by organisations all over the world.
2. Google’s competitive advantage-
“To redefine competitive landscape by moving away from current competition
through inconsistent and highly innovative technological advancements”
3. Red Ocean
Search engines only selected words by the frequency with which a particular word
appeared.
Peculiar needs of various information seekers not served.
Search engines like Alta Vista, Yahoo, MSN also served as web portals.
Focussed on traditional information and advertisement management.
Blue Ocean
Easy, fast , accurate search engine with an underlying algorithm that instantaneously
sorts and ranks document, images videos in finding information
Search Engine, Ad Platform, Accurate results, monetisation through targeted
advertisement.
Adopted BOS strategy through high buyer utility, free services and fast adoption.
Innovation in Mobile OS-Android, Google fibre, driverless cars , Google Maps.
ROS to BOS
4. • Number of filed patents.
• Customer Data
• Service: Ease of use ,
Speed, Relevancy
• Customer Satisfaction
• Dependency on Android
• Competition
• Irrelevant results
• Lower quality content
• Web portal
• Employee absenteeism
• Inconvenience in
searching
• Clutter and complexity
• Bounce rate
• Knowledge asset (RnD)
• Fun Play work culture
• End to end services
• Monopoly- Strategy of Cost
leadership and Differentiation
• Project ARA
ELIMINATE
CREATEREDUCE
RAISE
7. Reconstruct market boundaries
Look across alternative industries-
Hospitality industry by launching Google hotels and Google hotel ads
Google driverless car
Social media
Look across strategic groups within industries
Mobile Manufacturers
Look across the chain of buyers
“All the people of earth are my customers”
Look across functional vs emotional appeal
Converted functional approach to an emotional appeal.
8. Look across complementary products & services
Product-
Google handset (Nexus)
Google glass
Services-
Media- Youtube, Picasa, Books,
Geo- Google maps ,Google Earth
Home and Office- Gmail, Drive, Docs, Sheets, Translate, Calendar
Social- Google+, Hangouts, Blogger
Look across time
Internet balloons
Voice recognition
Google glass
Google driverless car
Google street view
Google fiber
9. Recommendations
Invest more in innovations
Promote Intrapreneurship
Green and Recycled products
With the rising concerns for health sector e-health could
be revolutionized
Aggressive Adoption of Artificial Intelligence and Internet
to Everything to create new end to end solutions and
enter untapped market
Editor's Notes
Google used home-grown hardware and software to provide substantial computing resource at low cost and also invested substantially in developing brand .Cost leadership and differentiation strategy both are achieved.
R&D spending in 2013: $8 billion
As a percentage of revenue: 13.2%