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Learning Objective. To know and be able to define the various business- and corporate-level strategies that a company may pursue. Strategies in Fragmented Industries. Focus on customer group, customer need, or geog. region Chaining Franchising Horizontal Merger Internet.
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Learning Objective • To know and be able to define the various business- and corporate-level strategies that a company may pursue.
Strategies in Fragmented Industries • Focus on customer group, customer need, or geog. region • Chaining • Franchising • Horizontal Merger • Internet
Strategies in Embryonic and Growth Industries • The changing nature of market demand • Strategic implications: Crossing the chasm • Strategic implications of market growth rates • Factors affecting market growth rates • Strategic implication of differences in growth rates
Navigating Through the Life Cycle to Maturity • Embryonic Strategies • Growth Strategies • Shakeout Strategies • Maturity Strategies
Embryonic Strategies • Share building strategy
Growth Strategies • Investing in extensive R&D to support product development • Increasing amount of market segmentation for broad differentiation • Market concentration
Shakeout Strategies • Share increasing strategy • Harvest strategy
Maturity Strategies • Product proliferation • Price cutting • Maintaining excess capacity
Strategies to Manage Rivalry • Price signaling • Price leadership • Nonprice competition- Market penetration - Product development - Market development - Product proliferation • Capacity control
Strategies in Declining Industries • Leadership strategy • Niche strategy • Harvest Strategy • Divestment strategy