Blue Ocean management strategy GOOD.docx

This technology has not been provided by other health

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This technology has not been provided by other health care providers thus it will give the company a competitive advantage over the others in this industry. Thus we can define this model
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Strategic management 4 as a simultaneous pursuit of market differentiation and low cost with a theory of eliminating competition and instead creating a new market thus making competition become irrelevant Also by the company coming up with a very innovative idea of creating a wearable device it has created something that is not common in the health industry and also something that is fashionable which will be most preferred by patient and other health providers. Unlike other usual devices these device is subtle and provide privacy thus saving patient from devices that shouts about their health condition. By proactive health technologies being creative and innovative this company will manage to capture new demand of this device to the people who don’t want the usual hustles and tussles of visiting health facilities thus application and use of these technology will be of help to patients and health providers ( Peng , 2013). Another element of blue ocean model that proactive health technology has applied the element of reduces. This applies where this device helps the health provider monitor the health of the patient thus reducing the cost of regular visit to the doctor and on top of it the use of social sites which is very common currently will greatly ease the monitoring and communication. In
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