Blue Ocean Strategy Analysis of Wikipedia

Wikipedia is a collaborative resource, which aims to be a compendium of all human knowledge. In a serious examination of Wikipedia as a credible and valid source of information we need to place our argument within a definable framework. As I will show information has many uses, for the purposes of this paper I will examine the use of Wikipedia for scholarly research, the kind, which I will be utilizing throughout the rest of my MBA program. I will be evaluating Wikipedia based on the parameters set forth by Brenda Spatt. The credentials, Impartiality, style/tone, and currency of Wikipedia will all be examined in this paper (Spatt 2011).

Launched on 15 January 2001, Wikipedia is a free encyclopedia that uses the web platform for online users to access. Boasting with over 26 million pieces of writing in 285 languages, Wikipedia has transformed to be a giant in the field of search engines optimization technology. The open source concept that it rides have made it cheap to access and a better choice for many online users. This is especially among the users who find it cumbersome to follow prolonged registration processes to access information on the internet. Any search term queried on the Google™ home page search engine will definitely give a hit from the Wikipedia site, and if not present, a prompt will request the user to create a page for such a term. In this way,

When students are doing research on the internet, Wikipedia is usually one of the first site to appear. For students, the site is usually tempting to click, but they are quickly reminded by their teachers that Wikipedia should not be used as a site of knowledge. They label the site as inaccurate, unreliable, and uncreditable. In Boyd’s article she writes that teachers consistently tell students to stay clear of Wikipedia at all cost. Students should not have to see the site as tempting. They should be allowed to use it and embrace the site. Wikipedia has so much educational potential and should not be ignored by teachers. Boyd also writes that some analyses have shown that Wikipedia’s content is just as creditable as, if not more reliable than, more traditional resources.

Eventhough, the internet can be helpful with education, it can also be unreliable. However, “The Hive” by Marchall Poe, was the openness of Wikipedia. Wikipedia is an online encyclopedia that anyone can use it. This might work for some people specially that ones who attend school or college. This is very helpful for them because in Wikipedia you can search or find anything you would like. Since anyone can write, or delete or use information off of Wikipedia, it makes it less controversial because anyone can put their input into the website. If don’t agree with something, that’s alright because you can add your own opinion. Poe describes how authors of certain wiki pages write with a bias to support their facts. Facts become opinions when feelings and emotions of bias get involved. “Instead of relying on experts to

Should websites such as Wikipedia, Answers.com, and Reference.com be monitored for false information? Author, John Seigenthaler in his narrative article published in 2005 in the USA Today “A False Wikipedia Biography,” he begins his personal story by describing how his character was assassinated by publishing false and malicious “biography” under his name on Wikipedia, the popular, online, free encyclopedia. His first goal is to convey millions of people that Wikipedia is a flawed and irresponsible research tool. His second goal is to raise the awareness of how Wikipedia works. By establishing his credibility, building his case slowly, and appealing to both logic and emotions, Seigenthaler succeeds in writing an interesting and informative

In the Article “Wikipedia Comes of Age” by Casper Grathwohl is published by The Chronicle of Higher Education. His point of view in this article is Wikipedia can be a good source but students and researchers may mistake this as a reliable source. He claims that it is a good formal source instead of main source. The Author feels it confuses students and researchers by having it peer reviewed,edited and having it change all the time can be unreliable for a source. The author talks about the past when you could go into a bookstore to look up facts and references in the past like it’s a lifetime ago but in actuality it was just a short time ago.

The non-profit Wikimedia Foundation, founded by Wales, has overseen the development of Wikipedia since 2003.

Discussions between users and editors also take place to ensure the quality and correct information is being published. Wikipedia does realize that work does get by them from time to time and admits that some of the work is complete nonsense. They do not want their work to be used for crucial information but rather to familiarize oneself with a new topic. New ways of governing the website are constantly being explored to improve the overall quality of the work being shared. Ultimately it is the users responsibility to double check information with other sources when needing to find out and use significant information. It has been a very helpful tool throughout the years to find information quickly and is generally a dependable way of finding out new

In this paper I will be discussing the debate between pro Wikipedia’s Dwight Reed, and Rachel R. Wright, and con Wikipedia’s Nicole Irwin, Michelle Douglas, and Ivy Leigh. During the debate between Learning Team B members we debated over different points of views regarding Wikipedia as a reliable source.

According The Wall Street Journal” … Cirque du Soleil, the Canadian company that redefined the dynamics of a declining circus industry in the 1980s. Under conventional strategy analysis, the circus industry was a loser. Star performers had “supplier power” over the company. Alternative forms of entertainment, from sporting events to home entertainment systems, were relatively inexpensive and on the rise. Moreover, animal rights groups were putting increased pressure on circuses for their treatment of animals.” (Murray, 2014) A new era was created transforming the concept of what is a circus today. As the Wall Street Journal described, “Cirque du Soleil eliminated the animals and reduced the importance of individual stars. It created a new form of entertainment that combined dance, music and athletic skill to appeal to an upscale adult audience that had abandoned the traditional circus. (Murray, 2014)

Wikipedia has existed since January 2001 by Jimmy Wales and Larry Sanger. Wikipedia is an online encyclopedia written and edited by volunteers. Murley states that as of March 2008, Wikipedia contained more than nine million articles, of which two million were in English. More than 75,000 contributors write in more than 250 languages. (2010, p. 594) However, any one can edit an existing article by clicking on the edit tab found at the top of an article. Only anonymous registered users add new articles. These articles must meet Wikipedia’s policies and guidelines. All references must be verifiable and the tone must be neutral. If the article does not meet all of the criteria, Wikipedia’s

This is done by creating a leap in value both for the buyers as well as for the organization thereby creating a new and uncontested market space. Companies left out in the red ocean usually follow a conventional approach, running to beat competition by creating a defensible position in the current market space order.

The Wikipedia is a free, online encyclopedia that lets every individual with Internet connection write and edits its articles. Jimmy Wales and Larry Sanger launched their creation in 2001 giving an opportunity to all willing people to work together to develop a common resource of knowledge. Many people have different believes and ideas about Wikipedia, therefore, some tend to think of it as a credible and valid source of information, others strongly disagree. “Since all the books and articles have been chosen for publication, each one has presumably undergone some form of selection and review” (Spatt, 2011, “p.”339-340). Unfortunately, this statement is simply not enough to

BOS is a kind of strategy which be inspires to innovate and focus on develops new demand and new markets through selling products e.g: Ipod, Ipad instead of fighting with the competition over the same market share as well as satisfying the same demand from the customers which is typically done in a red ocean strategy (ROS). In other word, BOS represent "untapped market space" and the opportunity to gain high profit for the companies. They urge companies to enhance the value of innovation by focusing more on price, utility, and cost positions. In addition, companies also suggested creating and capturing their new customers demand as well as keeping their focus on the big picture, not the numbers. (Kim and

There are some tool produce to help implement blue ocean strategy. The Eliminate-Reduce-Raise-Create (ERRC) Grid is the matrix that help execute blue ocean strategy with the four action framework: eliminating, reducing, aising and creating. ERRC Grid help company to remain on their competitive factors. Eliminating and reduce the factor that the transitional industry take it for granted can help the new strategy to remain unique from the transitional market. Nevertheless, raising and creating some unique competitive factor the transitional market never or seldom offered that is above the industry standard. With all these “Four Actions Framework” the company can escape the transitional red ocean market by activate a new blue ocean market and create a new value curve. (Kim & Mauborgne, 2005)