210 likes | 862 Views
Strategic Groups Defined. A set of firms emphasizing similar strategic dimensions and using similar strategiesInternal competition between strategic group firms is greater than between firms outside that strategic groupThere is more heterogeneity in the performance of firms within strategic groups
E N D
1. Strategic Groups
2. Strategic Groups Defined A set of firms emphasizing similar strategic dimensions and using similar strategies
Internal competition between strategic group firms is greater than between firms outside that strategic group
There is more heterogeneity in the performance of firms within strategic groups
3. Strategic Groups Strategic Dimensions
Extent of technological leadership
Product quality
Pricing Policies
Distribution channels
Customer service
4. Strategic Groups Strategic Dimensions (Continued)
Size of firm
Breadth of market
Geographical distribution
Level of vertical integration
Profit/ Nonprofit
5. Strategic Groups Definition
Role of Mobility Barriers
Implications
Major competitors
The strengths of forces differ
The closer the strategic groups, the greater the competitive rivalry
6. Strategic Groups as an Analytical Tool Help identify barriers to mobility that protect a group from attacks by other groups
Helps a firm identify groups whose competitive position may be marginal or tenuous
Help chart the future directions of firms strategies
Help assess the implications of industry trends for the strategic group as a whole
10. Competitor Analysis (pp. 59-61) Competitor Intelligence
The ethical gathering of needed information and data that provides insight into:
A competitors direction (future objectives)
A competitors capabilities and intentions (current strategy)
A competitors beliefs about the industry (its assumptions)
A competitors capabilities
11. Competitor Analysis Competitor Intelligence: The ethical gathering of needed information and data that provides insight into:
What drives competitors
Shown by organization's future objectives
What the competitor is doing and can do
Revealed in organization's current strategy
What the competitor believes about the industry
Shown in organization's assumptions
What the competitors capabilities are
Shown by organization's strengths and weaknesses
12. Figure 2.3: Competitor Analysis Components