![]() Marc Strauss, a former top management consultant and private banking expert, with considerable experience in strategy creation and implementation, comprehensively applies the BOS approach to the field of private banking. ![]() Developed by two INSEAD professors, this concept aims at creating an uncontested market space without competition, where new client groups are served through high-value offerings. The strategy canvas is a one-page visual analytic that depicts the way an organization configures its offering to buyers in relation to those of its competitors. Continuing to follow conventional strategies will not solve these problems and therefore calls for different approaches.\nThis is where the blue ocean strategy (BOS) approach comes into play. The strategy canvas is developed by Chan Kim and Rene Mauborgne. 5 5-forces Analysis on Cell Phone Industry Threat of new entrants Apple would be the new entrant Google, Microsoft could choose to produce cell phones. Become an intelligent, sustainable enterprise with the best in cloud, platform, and sustainability. Private banking faces increasing pressure from various sources, resulting in consistently diminishing margins. Explore market-leading software and technology from SAP. Whats more, any new entrant to this business would be competing against a formidable incumbent that for most of the last century had set the industry standard. ![]()
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