Strategize Declining Industry

Choose an end-game strategy (Leadership, Niche, Harvest, or Divest) by matching the hospitability of the declining industry against the firm's relative competitive strengths.

Input

• Industry diagnosis from diagnose-industry-type confirming structural decline
• Firm's competitive position: assets, strengths, market share, exit barriers
• Cause of decline (substitution, demographic shift, regulatory change, etc.)

Output

• Decline hospitability rating (hospitable / inhospitable) with factor-by-factor assessment
• Exit barrier profile for each significant competitor
• Recommended end-game strategy with rationale
• Tactical steps for executing the chosen strategy

Procedure