EXERCISES

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

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Strategic Management 2E by John Morris is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License, except where otherwise noted.

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