SGMT 3000 Chapter Notes - Chapter 8: Capacity Utilization, Cumulate Rock, Leaseback

• School: York University
• Department: Strategic Management
• Course: SGMT 3000
• Professor: Stan Li

Document Summary

1- the importance of considering the industry life cycle and determining the relaive forces shaping the compeiive landscape. 2- how industries evolve and how diferent drivers inluence the paths to industry change. 3- how diferent strategic responses may be more efecive over the phases of the industry life cycle. 4- how turnaround strategies can re- invigorate a irm. 5- how compeiive acions, such as the entry of new compeitors into a marketplace, may launch a cycle of acions and reacions among close compeitors. 6- the components of compeiive dynamics analysis new compeiive acion, threat analysis, moivaion and capability to respond, types of compeiive acions, and likelihood of compeiive reacion. The emphasis on various generic strategies, funcional areas, value- creaing aciviies, and overall objecives varies over the course of an industry"s life cycle. Managers must become even more aware of their irm"s strengths and weaknesses in many areas to atain compeiive advantages.