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Strategic Group Individual Exercise
Conduct a strategic group analysis of an industry which you work in or would like to work in.
What two competitive dimensions describe the key strategic decisions in the industry?
Plot the firms on a matrix until you identify the best fit possibly considering a third dimension.
Consider the implications for your business:
Is this strategic group attractive? Should you try to compete in a different strategic group?
How can you compete in this strategic group?
What are the future opportunities and threats in this strategic group?
Now consider the implications for your career.
Which strategic groups in an industry are you interested in for your corporate or entrepreneurial career?
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