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Industry Analyses & Trends
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The term “industry” must be used advisedly, as the boundaries among traditional industries are increasingly blurring. In fact, thinking of yourself in a particular industry may create a dangerously narrow focus. Considering the evolution within industries is mind-boggling enough, as the boundaries are drawn and redrawn by new technologies, services and of course customer demands.
From our own research, executives are always keen to consider and understand the dynamics of ‘creative destruction’. For an introduction to this subject, read this white paper on Industry Evolution in which several models are presented, including advice for companies who are interested in keeping the boundaries the way they are, and also for companies seeking to redraw them. There is also this auxiliary presentation that you may wish to use to talk from with your peers. Having a sense of perspective for what has gone before while remembering that history does not always repeat itself is an essential mindset in competitive strategy.
Keeping these caveats in mind, we also present detailed perspectives for selected industries, as seen in the related topics list to the left.
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