Please enable JavaScript.
Coggle requires JavaScript to display documents.
ABS-G4 Dynamic Strategy (Team Members (Sharon, Wily, Debby, Vendy, Iris,…
ABS-G4 Dynamic Strategy
Introduction to Strategy Over Time
examples
Remington typewriter
unable to make the transition
Kodak
Studebaker Brothers
Sears
Competitive Life Cycle Analysis
Annealing
Quickly enter market or wait and see
Severity:dominant design/multiple design
Shakeout
Severity: winner take all/duopoly/contested
The time of product diffuse the market
Distruption
ex:automobile industry
Severity:radical or incremental
Overall
Slowly evolving industry/Hyper-dynamic industry
Severity:first mover advantage
How important is innovation/adaptation?
Innovation capability
appropriate value from innovation
Competitive Life Cycle: Common Patterns
General Sense
new product features
large exploratory
small entrepreneurial firms
profit
differentiation
niche placement
dominant design
features products
manufacturing
delivery
service
efficient firms remain
competitive ordering
dominant player
pioneering firms
competitors within the segment.
disruptions emerge
exogenous technological change
Solar Technology
Wind Technology
demand pull
government regulation
marketplace.
Why do incumbent firms fail or survive
Fail
No better positioned than new entrants
Innovations of technologies
One of the rivals is successful in innovations
Worse positioned than entrants
Incumbent firms has fallen behind the trend
Core rigidities
Select not to change
Survive
Incumbent Firms
Having
Brand
Reputation
Expertise
Dynamic Capabilities
Extensive Capital
Using
Complementary resources
Capabilities
Perspective on rents
Ricardian rents
Barriers to imitation
Firm structure matters
Schumpeterican rents
Temporal advantage
Innovation matters
Evolutionary dynamics
Critical factors
Timing
Adoption
Monopoly rent
Barriers to entry
Industry structure matter
Introduction to the Competitive Life Cycle
S-Curve
start phase
growth phase
mature phase
Car industry
Beer market
Proportion between films number & Profit
give time to the market
Team Members
Sharon
Wily
Debby
Vendy
Iris
Flora