NetworkNewsBreaks – Sharing Services Inc. (SHRG)
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Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., is employing its Blue Ocean Strategy in the direct-selling industry as it focuses on growth in Canada and other countries. A recent article discussing the company reads, “SHRG CEO John ‘JT’ Thatch credits the financial success of the company in large part to its independent sales entrepreneurs. These individuals are part of Elepreneur and are encouraged to employ the Blue Ocean Strategy of being a leader while creating and capturing a market. . . . On www.BusinessNewsDaily.com, a co-author of the book, Blue Ocean Strategy, Professor Renée Mauborgne, said that the strategy advises businesses to seek new markets, lead and ‘stop competing and start creating.’ She and fellow Professor W. Chan Kim wrote a follow-up book, Blue Ocean Shift: Beyond Competing, elaborating on the strategy. ‘The lesson here is that the best defense is offense, and the best offense . . . is to make a blue ocean shift and create your own blue ocean,’ Mauborgne added.”
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