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Hypercompetion Strategy
You can download this presentation at: www.studyMarketing.org Visit  www.studyMarketing.org   for more presentations on Ma...
Hypercompetition   is an environment characterized by intense and rapid competitive moves, in which competitors must move ...
Hypercompetition speeds up the  dynamic strategic interactions  among competitors.
Hyperco m petitive behavior  is the process of continuously generating new competitive advantages and destroying,   obsole...
…… .. thereby creating disequilibrium, destroying perfect competition, and disrupting the status quo of the marketplace.
Strategy  in the Hypercompetion Era <ul><li>Vision for Disruption  </li></ul><ul><li>Capabilities for Disruption </li></ul...
Vision for Disruption <ul><li>Envisioning disruptions that create  Superior Stakeholder Satisfaction </li></ul><ul><li>Usi...
Capabilities for Disruption <ul><li>Building the capability for  Speed   </li></ul><ul><li>Creating the capability to  Sur...
Tactics for Disruption <ul><li>Shifting the Rules  of Competition  </li></ul><ul><li>Using  Signals  to influence future d...
Vision for Disruption
Superior Stakeholder Satisfaction Superior stakeholder satisfaction   is the key to winning each dynamic strategic interac...
Superior Stakeholder Satisfaction The process of developing new advantages or undermining those of competitors begins with...
Superior Stakeholder Satisfaction By discovering ways to satisfy customers, the company can identify its next moves to sei...
Superior Stakeholder Satisfaction But customers are not the only stakeholders that must be satisfied.  By empowering emplo...
Strategic  Soothsaying Strategic soothsaying   is a process of seeking out new knowledge necessary for predicting or even ...
Strategic  Soothsaying These opportunities can be found by creatively combining products, understanding trends in the busi...
Capabilities for Disruption
Speed and  Surprise Speed and surprise  are needed to take advantage of opportunities, to move quickly against competitors...
Speed and  Surprise Speed  is also a key part of competitive advantage, because it enhances the ability to serve customers...
Speed and  Surprise Surprise is also crucial to success.  The longer the first mover can delay entrance by competitors int...
Tactics for Disruption
Shifting the Rules of Competition Shifting the rules of competition   is concerned with actions that  redefine the battlef...
Shifting the Rules of Competition The company finds new ways of satisfying customers  that transform the industry , such a...
Signals Signals  —  verbal announcements of strategic intent — are important preludes to more powerful actions. Signals ca...
Signals They can  preannounce or fake aggressive offensive moves  that alter the behavior of competitors. Thus, signals ca...
Simultaneous and sequential strategic thrusts  Simultaneous and sequential strategic thrusts   are the use of a series of ...
Simultaneous and sequential strategic thrusts  Whereas traditional strategic actions have been treated one at a time,  act...
Simultaneous and sequential strategic thrusts  By manipulating competitors' reactions using  a series of simultaneous or s...
Source of Reference: Richard D’Aveni,  Hypercompetition : Managing the Dynamics of Strategic Maneuvering , Free Press.
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Strategic Planning for Hypercompetition Era

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Excellent presentation slides about developing strategy for the era of hypercompetition

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Strategic Planning for Hypercompetition Era

  1. 1. Hypercompetion Strategy
  2. 2. You can download this presentation at: www.studyMarketing.org Visit www.studyMarketing.org for more presentations on Marketing, Strategy, Innovation, and Branding
  3. 3. Hypercompetition is an environment characterized by intense and rapid competitive moves, in which competitors must move quickly to build advantages and erode the advantages of their rivals.
  4. 4. Hypercompetition speeds up the dynamic strategic interactions among competitors.
  5. 5. Hyperco m petitive behavior is the process of continuously generating new competitive advantages and destroying, obsoleting, or neutralizing the opponent's competitive advantage
  6. 6. …… .. thereby creating disequilibrium, destroying perfect competition, and disrupting the status quo of the marketplace.
  7. 7. Strategy in the Hypercompetion Era <ul><li>Vision for Disruption </li></ul><ul><li>Capabilities for Disruption </li></ul><ul><li>Tactics for Disruption </li></ul>
  8. 8. Vision for Disruption <ul><li>Envisioning disruptions that create Superior Stakeholder Satisfaction </li></ul><ul><li>Using Strategic Soothsaying as a means of seeing and creating opportunities for disruption </li></ul>
  9. 9. Capabilities for Disruption <ul><li>Building the capability for Speed </li></ul><ul><li>Creating the capability to Surprise opponents </li></ul>
  10. 10. Tactics for Disruption <ul><li>Shifting the Rules of Competition </li></ul><ul><li>Using Signals to influence future dynamic strategic interaction </li></ul><ul><li>Executing Simultaneous and Sequential Strategic Thrusts </li></ul>
  11. 11. Vision for Disruption
  12. 12. Superior Stakeholder Satisfaction Superior stakeholder satisfaction is the key to winning each dynamic strategic interaction with competitors.
  13. 13. Superior Stakeholder Satisfaction The process of developing new advantages or undermining those of competitors begins with an understanding of how to satisfy customers.
  14. 14. Superior Stakeholder Satisfaction By discovering ways to satisfy customers, the company can identify its next moves to seize the initiative.
  15. 15. Superior Stakeholder Satisfaction But customers are not the only stakeholders that must be satisfied. By empowering employees , the company can gain the internal motivation and vision needed to carry out those moves.
  16. 16. Strategic Soothsaying Strategic soothsaying is a process of seeking out new knowledge necessary for predicting or even creating new temporary windows of opportunity that competitors will eventually enter but that are not now served by anyone else.
  17. 17. Strategic Soothsaying These opportunities can be found by creatively combining products, understanding trends in the business environment that will open up new opportunities, and serving new customer markets with the existing capabilities of the firm.
  18. 18. Capabilities for Disruption
  19. 19. Speed and Surprise Speed and surprise are needed to take advantage of opportunities, to move quickly against competitors, or to respond to a competitor's attack.
  20. 20. Speed and Surprise Speed is also a key part of competitive advantage, because it enhances the ability to serve customers and to choose the moment in time that the firm will enter the market (e.g., as a first mover or a fast follower).
  21. 21. Speed and Surprise Surprise is also crucial to success. The longer the first mover can delay entrance by competitors into the market by stunning them with a surprise attack, the more time there is to create a strong position and make gains before the competition responds .
  22. 22. Tactics for Disruption
  23. 23. Shifting the Rules of Competition Shifting the rules of competition is concerned with actions that redefine the battlefield. By shifting the rules of the game, the company creates new opportunities to satisfy customers.
  24. 24. Shifting the Rules of Competition The company finds new ways of satisfying customers that transform the industry , such as adapting the personal computer to serve the mainframe computing industry or inventing the disposable razor to transform the market for standard razors.
  25. 25. Signals Signals — verbal announcements of strategic intent — are important preludes to more powerful actions. Signals can stall the actions of competitors or create uncertainty that erodes their will to defend against attacks.
  26. 26. Signals They can preannounce or fake aggressive offensive moves that alter the behavior of competitors. Thus, signals can be used to disrupt the status quo and interactions between companies and thereby create an advantage.
  27. 27. Simultaneous and sequential strategic thrusts Simultaneous and sequential strategic thrusts are the use of a series of actions designed to stun or confuse competitors , disrupting the status quo to create new advantages or erode those of competitors.
  28. 28. Simultaneous and sequential strategic thrusts Whereas traditional strategic actions have been treated one at a time, actions in hypercompetition are used in combinations that are difficult to unravel and difficult to defend against.
  29. 29. Simultaneous and sequential strategic thrusts By manipulating competitors' reactions using a series of simultaneous or sequential actions , they result in the initiating company's advantage.
  30. 30. Source of Reference: Richard D’Aveni, Hypercompetition : Managing the Dynamics of Strategic Maneuvering , Free Press.

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