Monarch Management Institute · Micro Course

Creating a Market Without Rivals

Bring a real AI use under control before it becomes a board, regulatory or reputational crisis. Build the executive confidence to govern AI risk, demand credible evidence and defend the actions your organisation takes.

Enrollment opening soonRegistration and course delivery take place in the MMI LMS.
Course introduction

See what this course makes possible.

Meet the course lead and explore the practical focus, learning experience, and professional value of this course.

Course overview

About This Course

Plenty of managers can tell the story of a famous blue ocean. Far fewer can produce a move of their own that survives being questioned

In a crowded market, even good execution is punished. Rivals match one another’s features, everyone discounts to hold share, offerings drift toward commodities, and margin quietly disappears. Competing harder produces motion without growth. The prize is a different one: growth that does not depend on taking share from anyone, created by reconstructing the boundaries of the market rather than accepting them.

The gap is in the doing. Blue Ocean Strategy is among the most admired ideas in management and among the most weakly applied. In practice it becomes a retelling of Cirque du Soleil rather than a method the reader can run on their own industry: a canvas that lifts every factor a little and diverges from no one, a bold new feature with no buyer evidence behind it, a story of someone else’s blue ocean with no move of one’s own. Work in that form cannot be defended in a board paper, and it cannot support a decision about where to compete.

This course closes that gap by making you produce the artifact. Each lesson explains one tool and shows it worked through on a real case — Cirque du Soleil, [yellow tail], Southwest, NetJets and Curves as sourced illustrations — then hands the work to you on your own industry, with a model answer and a rubric to check yourself against, while a single fictional running case is carried the whole way through. By the close you hold a to-be strategy canvas that diverges in shape from every rival, an evidence trail behind each new factor, and a move tested for buyer utility, price, cost and adoption.

Designed for application

Why this course is different

Most strategy courses teach you to analyze the market you are in. This one teaches you to create the market no one else is contesting — and to defend the move

01

One industry, worked end to end

You pick a real industry in the opening lessons — where you work, a market you buy from or sell to, or a listed sector you can pull the numbers on — and every lesson applies to it. The output is not a certificate of attendance but a finished blue-ocean move for something you actually need to grow.

02

Method, not metaphor

Blue Ocean Strategy is usually taught as a set of inspiring stories. Here every lesson works a specific tool — the strategy canvas, the ERRC grid, the six paths, the buyer utility map, the three tiers of noncustomers, the strategic sequence — on a running case and then on your own industry, and the quality rubric your work is measured against is published in the first lessons, so the standard is visible from the start.

03

Taught with its limits

Value innovation is a strategy move, not a technology bet, and a blue ocean is not permanent — a successful move is imitated and the ocean it opened eventually turns red. The course teaches those documented cautions directly, along with the innovation-without-value trap, so the method and the judgment to use it well are taught together. Knowing where a tool stops is part of using it competently.

Learning objectives

  • Draw an industry’s as-is strategy canvas — its factors of competition and its rivals’ value curves — and read the convergence that marks a red ocean.
  • Apply value innovation and the Four Actions (ERRC) grid to break the value–cost trade-off, lowering cost and lifting buyer value at the same time.
  • Reconstruct an industry’s boundaries with the six paths, looking across alternative industries, buyer groups and trends the field takes for granted.
  • Locate untapped demand with the buyer utility map and the three tiers of noncustomers, targeting the blocks that keep people out of the market.
  • Compose a to-be strategy canvas that passes the three tests — focus, divergence and a compelling tagline — with every created factor traced to evidence.
  • Test a value-innovation move through the strategic sequence — buyer utility, price, cost and adoption — and convert it into a recommendation a board would recognize as a strategy.

Practical outcomes

  • Draw an industry’s as-is strategy canvas — its factors of competition and its rivals’ value curves — and read the convergence that marks a red ocean.
  • value innovation and the Four Actions (ERRC) grid to break the value–cost trade-off, lowering cost and lifting buyer value at the same time.
  • Reconstruct an industry’s boundaries with the six paths, looking across alternative industries, buyer groups and trends the field takes for granted.
  • Locate untapped demand with the buyer utility map and the three tiers of noncustomers, targeting the blocks that keep people out of the market.
  • Compose a to-be strategy canvas that passes the three tests — focus, divergence and a compelling tagline — with every created factor traced to evidence.
  • Test a value-innovation move through the strategic sequence — buyer utility, price, cost and adoption — and convert it into a recommendation a board would recognize as a strategy.
Course structure

Modules at a glance

Module 01Red Oceans And Blue Oceans; Value InnovationDuration = 2 Weeks

You can distinguish red-ocean from blue-ocean strategy, and name the two strategic logics that separate them You can explain value innovation and why it breaks the value–cost trade-off — as a strategy move, not a technology move You can construct an as-is strategy canvas and read convergence as the signature of a red ocean

Principal themes

  • Red Oceans and Blue Oceans
  • Value Innovation
  • The Strategy Canvas
  • The Four Actions and the ERRC Grid
  • Reading a Value Curve
  • the As-Is Diagnosis

Intended outcomes

  • You can distinguish red-ocean from blue-ocean strategy, and name the two strategic logics that separate them
  • You can explain value innovation and why it breaks the value–cost trade-off — as a strategy move, not a technology move
  • You can construct an as-is strategy canvas and read convergence as the signature of a red ocean
  • You can apply Eliminate, Reduce, Raise and Create to reconstruct buyer value, filling all four boxes rather than the comfortable two
  • You can read a value curve for focus, divergence and tagline, and use the three tests as an acceptance test on your own move
  • You can assemble a decision-ready as-is diagnosis — canvas, reading, verdict and a first ERRC grid
Module 02The Six Paths Framework; The Buyer Utility MapDuration = 2 Weeks

You can reconstruct market boundaries across the six paths, and say which path a given move is traveling You can locate utility blocks across the buyer experience cycle and the six utility levers You can reach beyond existing demand and de-segment on the blocks the three tiers of noncustomers share

Principal themes

  • The Six Paths Framework
  • The Buyer Utility Map
  • Three Tiers of Noncustomers
  • Drawing the To-Be Canvas
  • Testing the Idea
  • The Value-Innovation Decision

Intended outcomes

  • You can reconstruct market boundaries across the six paths, and say which path a given move is traveling
  • You can locate utility blocks across the buyer experience cycle and the six utility levers
  • You can reach beyond existing demand and de-segment on the blocks the three tiers of noncustomers share
  • You can turn path, utility and noncustomer insight into a to-be value curve with a traceable ERRC grid behind it
  • You can test a move through utility, price, cost and adoption in that order, and place it on the pioneer–migrator–settler map
  • You can produce and defend a value-innovation decision, and plan for the renewal that keeps it from becoming another red ocean

Dr. Henderson

Dean of the School

Dr. Henderson, MMI Course Lead

Dr. Jeffrey Henderson is Dean of Monarch Business School and Professor of Business Ethics, with senior management and advisory experience across commercial real estate, finance, and professional services. His career includes leadership roles with Bentall Capital, Brookfield Properties, KPMG Canada, and other international organizations, involving projects exceeding $6 billion. He brings MMI participants an applied perspective on strategic judgement, ethical leadership, organizational responsibility, and the translation of management ideas into credible professional action.

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Meet the accomplished professionals who successfully completed their doctoral studies in 2025, bringing deep leadership experience and rigorous scholarship to Monarch Switzerland.

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Latest Announcement

Monarch Switzerland Proudly Announces the Doctoral Graduates of 2025

Meet the accomplished professionals who successfully completed their doctoral studies in 2025, bringing deep leadership experience and rigorous scholarship to Monarch Switzerland.

View the Announcement