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Key Question For
Strategy Leaders
(see more) |
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How do we
understand and
react to the
industry
dynamics? |
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Michael Porter's
Five Forces
Model |
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Key Challenges |
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Defining scope
of competition |
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Clarifying power
of industry
participants |
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Interpreting
results to
affect company
strategies |
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Major Steps |
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1. Decide
industry |
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2. Educate team
about model |
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3. Debate and
make judgments |
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4. Derive
actionable
conclusions |
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Success Criteria |
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1. Specific
placement of
company in
industry |
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2.
Revised/confirmed
strategies |
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3. Increased
awareness of
competitive
threats |
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Notes |
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Resources |
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