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Industrial Strategy 2022

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Question:

How are strategic groups mapped?

Author: Hjalmer Pedersen



Answer:

Strategic groups can be mapped on two-dimensional charts with key dimensions or axes. For example, for the advertising industry, the dimensions: (1) Global reach and (2) Range of specialist services between creative and analytic have been chosen to demonstrate strategic groups in the advertising agency: Other dimensions could be: (1) Range of industry expertise (pharma, retail, auto, fmcg) (2) Reputation for advertising effectiveness.


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Strategic groups can be mapped on two-dimensional charts with key dimensions or axes. For example, for the advertising industry, the dimensions: (1) Global reach and (2) Range of specialist services between creative and analytic have been chosen to demonstrate strategic groups in the advertising agency:

Other dimensions could be: (1) Range of industry expertise (pharma, retail, auto, fmcg) (2) Reputation for advertising effectiveness.
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