Value innovation is the cornerstone of new market creation.
W. Chan Kim
W. Chan Kim is Co-Director of the INSEAD Blue Ocean Strategy Institute and The Boston Consulting Group Bruce D. Henderson Chair Professor of Strategy and International Management at INSEAD, France (the world’s second largest business school). Prior to joining INSEAD, he was a professor at the University of Michigan Business School, USA. He has served as a board member as well as an advisor for a number of multinational corporations in Europe, the U.S. and the Asia Pacific region. He is an advisory member for the European Union and serves as an advisor to several countries. He was born in Korea.
Kim is a Fellow of the World Economic Forum. He has published numerous articles on strategy and management which can be found in the Academy of Management Journal, Management Science, Organization Science, Strategic Management Journal, Administrative Science Quarterly, Journal of International Business Studies, Harvard Business Review, Sloan Management Review, and others. The Journal of International Management recognizes Kim as one of the world’s most influential academic journal authors in global strategy. He also has published numerous articles in The Wall Street Journal, The Wall Street Journal Europe, The New York Times, The Financial Times and The Asian Wall Street Journal, among others.
Kim is the co-author of Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant (Harvard Business Review Press). Blue Ocean Strategy has sold over 3.6 million copies and is recognized as one of the most iconic and impactful strategy books ever written. It is being published in a record-breaking 44 languages and is a bestseller across five continents. Blue Ocean Strategy has won numerous awards including “The Best Business Book of 2005″ Prize at the Frankfurt Book Fair. It was also selected as a “Top Ten Business Book of 2005″ by Amazon.com, and as one of the 40 most influential books in the History of the People’s Republic of China (1949-2009) along with Adam Smith’s The Wealth of Nations and Milton Friedman’s Free to Choose. Click here for a list of the major book awards won.
Kim is ranked in the top 3 management gurus in the world in the Thinkers50 listing of the World’s Top Management Gurus. In 2014, Kim, along with his colleague Renée Mauborgne, received the Carl S. Sloane Award for Excellence from the Association of Management Consulting Firms due to the impact their management research has made on the global consulting industry. He also won the 2011 Thinkers50 Strategy Award. Kim was selected for the 2011 Leadership Hall of Fame by Fast Company magazine and was named among the world’s top five best business school professors in 2013 by MBA Rankings.
Kim received the Nobel Colloquia Prize for Leadership on Business and Economic Thinking 2008 and is a winner of the Eldridge Haynes Prize, awarded by the Academy of International Business and the Eldridge Haynes Memorial Trust of Business International, for the best original paper in the field of international business. He is the winner of the Prix DCF 2009 (Prix des Dirigeants Commerciaux de France 2009) in the category of “Stratégie d’entreprise.” L'Expansion also named Kim along with his colleague Renée Mauborgne as “the number one gurus of the future.” The Sunday Times (London) called them “two of Europe’s brightest business thinkers,” and noted, “Kim and Mauborgne provide a sizable challenge to the way managers think about and practice strategy. The Observer called Kim and Mauborgne, “the next big gurus to hit the business world.” Kim is the winner of several Case Centre awards including “The Global Top 10 Bestselling Case Writers (2015/2016)”, “All-Time Top 40 Bestselling Cases” in 2014, “Best Overall Case” in 2009 across all disciplines and “Best Case in Strategy” in 2008.
Kim co-founded the Blue Ocean Global Network (BOGN), a global community of practice on the Blue Ocean Strategy family of concepts that they created. BOGN embraces academics, consultants, executives, and government officers.
Read case studies by Chan here.
How to shift from dividing to expanding the economic pie.
Retailers are focused on competing instead of creating.