Blue Ocean management strategy GOOD.docx

This technology has not been provided by other health

Info icon This preview shows pages 3–5. Sign up to view the full content.

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
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

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
Image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.
  • Summer '14
  • Management, Health care provider, proactive health, proactive health technology, proactive health technologies

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern