EXERCISES
- What are the five facets of Hambrick and Fredrickson’s strategy diamond?
- What is the relationship between arenas and differentiators if the strategy yields a positive economic logic?
- If a firm is performing poorly financially, what might this say about the differentiators, arenas, or both?
- Why is it important to consider vehicles as part of an organization’s strategy?
- What is the difference between staging and pacing in terms of the strategy diamond?
- What are some ways that you might apply staging and pacing to an organization’s strategy?