blue ocean Archives | Be Korea-savvy
Next “Blue Ocean”? Diving for Golf Balls a Lucrative but Potentially Costly Business

Next “Blue Ocean”? Diving for Golf Balls a Lucrative but Potentially Costly Business

IKSAN, Aug. 14 (Korea Bizwire) — Despite a reported downturn in fortunes, business is booming for a select few connected to the golf course industry. Through a combined mixture of daring, entrepreneurial spirit and lack of security oversight, small teams of “golf ball divers” are making a good living fishing for the lost balls at the bottom [...]

Insurance Companies Set Sail in the Blue Ocean of Drone Insurance

Insurance Companies Set Sail in the Blue Ocean of Drone Insurance

SEOUL, Feb.10 (Korea Bizwire) – With drones at the center of attention as a future growth industry, insurance companies are preparing for serious competition to take the lead in the blue ocean which is insurance for drones. The increasing attention given to drones themselves has provoked interest in the possibility of drone accidents, and indemnity [...]

Financial Firms’ Biggest Competition: Starbucks and Alibaba

Financial Firms’ Biggest Competition: Starbucks and Alibaba

SEOUL, Korea, April 10 (Korea Bizwire) – What could be a potential archrival of a financial company? Usually, it could be other competing financial companies. In Korea, however, diversified market environment changed the notion. Can you imagine that a financial company is competing with a coffee chain or an Internet company? It happens, though. As [...]