Driving Forces Questions & Answers
Driving Forces of Change
Industries change because forces drive industry
participants to alter their actions
Driving forces (DFs) are major underlying causes
that reshape the industry landscape and alter
competitive conditions
DFs can be positive and ne...
Driving Forces Questions & Answers
Driving Forces of Change - answer Industries change because forces drive industry
participants to alter their actions
Driving forces (DFs) are major underlying causes
that reshape the industry landscape and alter
competitive conditions
DFs can be positive and negative, WRT
competitiveness and profitability
Operate in the_______ of the corporate ecosystem:
-remote environment
-industry
-operating environment (occasionally)
Estimate impact of each factor on the industry
- Group factors with common underlying cause
-Does it work in our favor?
Is it of high importance/priority?
-- Why or why not?
- How immediate is this issue?
-- urgent, soon, future?
- What duration might it have?
--short or long term?
- What is our responsibility to the factor?
-- economic, legal, ethical or discretionary?
- Which stakeholders are affected?
- What is its priority relative to other factors?
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