Outer layer, can be anaylsed with PESTLE-G which helps identify key drivers of change.
Scenarios can be constructed according to developed key drivers
PESTLE-G
Drivers of Change
Scenarios
Competitors & Markets
Strategic Group analysis
Market segemenation
Strategy Canavas
Industry and Sector
Nota:
Middle layer
Analysis
Porter's Five forces
Nota:
Barriers to entry, subsitutes, buyers power, suppliers power and rivalry.
Determine industry or sectors attractiveness and can influential for overall performance
Developed
by M Porter in Competitive Strategy – Techniques for Analysing Industries
and Competitors
Changes Analysis
Industry life cycle
Nota:
Five forces power varies with stages of industry life cycle
Anita McGahan warns of ‘Maturity mindset’ which can leave managers complacent and
slow to responding to new competition.
Competitor constantly interact in terms of competitive moves e.g. Price cuts and innovations matched
Mutli-Point competition is competitive dynamic between orgs competing in different product or geographical markets
Cycle of competition concept structures are reshaped and created by deliberate strategies of compeitiors
Hypercompetition occurs when frequency, boldness and aggressivenss of dynamic movements by competitors accelerate to create a condition of constant disequilibrum and change