| CLASS |
A |
| PHASE |
External Mapping |
| APPLICATION FIELDS |
Strategic Planning, R&D, Investment
decisions |
| ASSUMPTIONS |
The economy’s nebulous mass is located at the periphery of the
sectors, instead of in the middle. It is at the periphery, where new
companies arise to exploit unsatisfied or unknown needs and to capitalize
new capabilities, new technologies and new business logics.
Periphery is a fundamental part of what Schumpeter (1955) called
“creative destruction winds”.
|
| PROS |
This set of questions is useful to
help companies to define, analyze and interpret their
periphery . |
| CONS |
To answer these questions, new additional
information will be necessary. To evaluate the implications of this new
collected information will require additional time resources. However,
it is important to stress the successful efforts, instead of those that
will be unsuccessful. |
| DESCRIPTION |
Foster and Kaplan elaborated the following set of
questions to help companies to define, analyze and interpret their
periphery .
- Which companies define your sector’s periphery today?
- Which business strategies are they pursuing? In what are different
these strategies in respect to those you are pursuing nowadays? What
kind of approaches offer the highest potential? Which of them represent
the most relevant threat?
- When examining the periphery from the client/customer perspective,
which new benefits are provided to client/customers by the companies
acting at the periphery of the sector? When it will be economically
feasible to provide these benefits?
- When examining the periphery from the perspective of the competitors
(located in the middle of the sector), who of them are more vulnerable
to an attack? How will be realized the attack? When? Which will be
the consequences of an attack to main clients? Which will be the consequences
for prices? And for revenues, profit and value creation? And for human
capital? Are there reprisal opportunities?
- After having examined the periphery’s implications from clients
and competitors points of view, which of the competitors seem to be
able to have success? Which of them are more likely to loose and why?
- Which are the economic implications of eventual changes in the
competitive landscape in terms of market shares, prices, profits,
human capital compartment and value creation inside your sector?
- Which are the implications for your own company? Which are the
options you have?
|
| REFERENCES |
-
Foster R. N., Kaplan S., Creative Destruction:
Why Companies That Are Built to Last Underperform the Market –
and How to Successfully Transform Them, Currency Doubleday, 2001
|