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Organically Produced Foods – A Competitive Approach For The Twenty-First Century In Terms Of Blue Ocean New Strategic Concept

Author

Listed:
  • GEORGE PLESOIANU

    (The Bucharest Academy of Economic Studies, Romania)

  • ALEXANDRU-COSTIN CÎRSTEA

    (Trend Consulting Group Ltd., Bucharest, Romania)

Abstract

The Blue Ocean Strategy provides a systematic approach to transform the competition in a less significant factor. This new concept provides companies and entrepreneurs ways to circumvent the fierce competition in the markets where there is a growing number of competitors with a relatively constant number of consumers by creating new market niches without competition. In fact, the strategy tries to extend the traditional and established market (called red oceans). Thus, tense and competitive market ( where economic activity is defined and accepted, and the competitive rules of the game are known) is avoided and Blue Ocean companies don’t fight to beat rivals for grabbing a segment of the potential demand. In these circumstances, the strategic orientation of small farmers and food processors to organic farming can be a leap to approach a new market area, almost non-existent in Romania, but with well defined demand especially in the intra-Community market. Furthermore, the food industry multiplies its efforts to develop healthier and more sustainable products, in order to reduce the negative influence that junk food has on generating major diseases of the mankind (cancer, diabetes and obesity).

Suggested Citation

  • George Plesoianu & Alexandru-Costin Cîrstea, 2011. "Organically Produced Foods – A Competitive Approach For The Twenty-First Century In Terms Of Blue Ocean New Strategic Concept," International Conference Modern Approaches in Organisational Management and Economy, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 5(1), pages 456-463, November.
  • Handle: RePEc:rom:cmanag:v:5:y:2011:i:1:p:456-463
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    File URL: https://simpozion.management.ase.ro/articole/plesoianu.pdf
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    Citations

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    Cited by:

    1. George PLESOIANU & Alexandru – Costin CÂRSTEA, 2013. "Experiential Learning – An Effective Approach for Gathering Knowledge and Capabilities in Professional Career," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(2), pages 310-322, May.

    More about this item

    Keywords

    strategy; blue oceans; red oceans; competition; innovation value; key strategic analysis; organic farming; organic products; bio; traceability; healthy food.;
    All these keywords.

    JEL classification:

    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness

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