Topic5 Tailoring Strtgs

Tailoring Strategy to Fit Specific Industry and Company Situations

“ The best strategy for a given firm is ultimately a unique construction reflecting its particular circumstances.” Michael E. Porter

Industry Life Cycle Analysis ,[object Object],[object Object]

Stages in the Industry Life Cycle

Shakeout: Growth in Demand and Capacity

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Matching Strategy to a Co’s Situation Most important drivers shaping a firm’s strategic options fall into two categories ,[object Object],[object Object]

1. Features of an Emerging Industry ,[object Object],[object Object],[object Object],[object Object],[object Object]

Emerging Industry (contd) ,[object Object],[object Object],[object Object],[object Object]

Strategy Options in Emerging Industries ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Strategy options in Emerging Industries (contd) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

2. Features of High-Velocity Markets ,[object Object],[object Object],[object Object],[object Object],[object Object]

Strategy Options in High-Velocity Markets ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Key Success Factors in High Velocity Markets ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

3.Industry Maturity: Standout Features ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Strategy Options in a Mature Industry ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Strategic Pitfalls in Maturing Industry ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],Stagnant/declining industries: Standout Features

Strategy Options in Stagnant/Declining Industry ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],Stagnant Industry: Strategic Mistakes

Limitations of Models for Industry Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Comp features-Fragmented Industries ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Examples - Fragmented Industries ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],Strategy Options in Fragmented Industry

3 Strategy Horizons for Rapid Growth

Pursuing multiple Strategy Horizons ,[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],Strategies based on Co’s Mkt Position

Defining Characteristics ,[object Object],[object Object],[object Object],[object Object]

Strategy Options: Industry Leaders Stay-on-the-offensive strategy Fortify-and-defend strategy Muscle-flexing strategy

Stay-on-the-Offensive Strategies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Fortify-and-Defend Strategy ,[object Object],[object Object],[object Object],[object Object],Objectives

Strategic Options ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Fortify-and-Defend Strategy

Muscle-Flexing Strategy ,[object Object],[object Object],[object Object],Objectives

Muscle-Flexing Strategy Strategic Options ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Muscle-Flexing Strategy Risks ,[object Object],[object Object],[object Object]

Types of Runner-up Firms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],Obstacles for Runner-Up Firms

Strategic Options ,[object Object],[object Object],[object Object],[object Object],[object Object]

Building Market Share ,[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Strategic Options for Runner-Up Firms Not Disadvantaged By Smaller Size

Offensive Strategies for Runner-Up Firms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Acquisition Strategies ,[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Vacant Niche Strategies

Specialist Strategy for Runner-Up Firms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Superior Product Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Distinctive Image Strategy

Content Follower Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Strategic Options ,[object Object],[object Object],[object Object],[object Object]

Achieving a Turnaround ,[object Object],[object Object],[object Object],[object Object],[object Object]

Liquidation Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

End-Game Strategy? ,[object Object],[object Object],[object Object],[object Object]

Types of End-Game Options ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

When Should an End-Game Strategy be Considered? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

10 Commandments for crafting Successful Business Strategies

[object Object],[object Object],[object Object]

[object Object],[object Object]

Topic5 Tailoring Strtgs

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Topic5 Tailoring Strtgs