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G2 - [ABS-1] Dynamic Strategy (The Dynamics Capabilities Perspective…
G2 - [ABS-1] Dynamic Strategy
Competitive Life Cycle
Common Patterns
Dominant design
Disruption
Era of ferment
Competitive reordering
Analysis
Disruption
Radical or incremental?
Annealing
Dominant design or multiple designs
Shakeout
Winner-take-all, duopoly, contested?
Overall
First mover advantage?
Introduction
Emergent phase
Annealing
emergence of dominant design
Growth phase
Shakeout
firms survive and grow
Mature Phase
Disruption
Why Incumbent Firms Fail or Survive
Fail
Select not to change
No better positioned than new entrants
Worse positioned than entrants
Survive
#
Customers desire the assurance of established firms
Incumbent firms may leverage complementary
resources or capabilities to their advantage
Innovation often requires extensive capital and expertise
dynamic capability
The Dynamics Capabilities Perspective
monopoly rents
barrios to entry
industry structure matters
Ricardian rents
barries to imitation
firms structure matters
Schumpeterian rents
markets are dynamic
innovation matters
timing and adaptation is critical for success
You may try to imagine
and map with
V
P
C
Hi G2, great job!
Can you integrate these three branches
into another one graph?
