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Strategic Renewal - Coggle Diagram
Strategic Renewal
environmental changes
US electronics retailer Circuit City
booming at 1981-2000
excellent customer service(in-store)
customer can find several goods in their entity store clearly
getting worse in 2008
making a string of loss
wrong leadership strategy
great recession
there are more threatening competitor with lower cost like Walmart/Amazon
what's worse is happened on strategy to handle with its stock price
talent loss
losing strategic alignment
Nokia,Blackberry VS Apple,Samsung in wireless phone
dynamic capabilities
which means how soon and correctly a establish can manage all their source including people or other entity goods when they are facing problem
leader can fix their problem with dynamic capabilities framework like 3P framework
Processes
Positions
Paths