Dynamic Corporate Strategy  
Program Outline
Day 1

09:00 ¡V 10:30
Product Competition vs. Vision Competition

The first session distinguishes two types of competition. In product competition, the focus is on comparing product attributes and cost of competing products. Vision competition focuses on comparing the dynamic formation of ecosystems supporting different competing visions. You will use the VCR case to illustrate the important distinction of these two types of competition and why vision competition is crucial in analyzing dynamic corporate strategy.
 

10:30 ¡V 11:00
Break

 
  11:00 ¡V 12:30
Grabber-Holder Dynamics: Creation and Shaping of Ecosystem
You will see how the synergistic interactions of emotion (grabber) and rationality (holder) can create shape the dynamic formation of an ecosystem supporting a grabber vision. Various cases are used to illustrate the working of such grabber-holder dynamics. The Grabber-Holder Dynamics Theory will be the foundation for studying competition in different stages of a dynamic market
  12:30 ¡V 02:00
Lunch
 
  02:00 ¡V 03:30
Emerging Technology Product Market
The dynamic formation of emerging technology product markets is studied using the PC case. In this study, you will learn how different interpretations of a vision can contribute to the formation of ecosystems and help determine a winning formula
03:30 ¡V 04:00
Break
 
  04:30 ¡V 05:30
Emerging Service Market
You will study the emerging service market through the case of the discount store business in the US. Participants will learn how the implementation of a business model to fulfill the same vision can lead to different ecosystems that would determine long term competitive advantage.
Day 2

09:00 ¡V 10:30
Latecomer¡¦s Advantage and
the Invasion Strategy

Any latecomer has an advantage. The issue is how to identify it and how to implement a successful invasion strategy to upset the incumbents. In this session, you will study how such advantage can be found and implemented for a successful invasion strategy. Numerous cases in different industries and different countries are used to illustrate how a latecomer can successfully disrupt the market and gain a strong position in a mature market
 

10:30 ¡V 11:00
Break

 
  11:30 ¡V 12:30
Gaming Between a Latecomer and an Incumbent
When a latecomer successfully creates a disruption to upset an incumbent, the latter will try to contain the disruption or even to overtake the latecomer. The ability of the incumbent to respond will determine the outcome of the game between the latecomer and incumbent. In this session, you will study appropriate game strategies for the latecomer and the incumbents. This is a working session to analyze some recent cases.
  12:30 ¡V 02:00
Lunch
 
  02:00 ¡V 03:30
Stagnation and Breakthrough
Why would a firm become stagnant in its growth? How can it break through such stagnation and induce new growth? Participants will use the FedEx case to illustrate methodologies identifying opportunity and developing a strategy roadmap to implement a breakthrough.
03:30 ¡V 04:00
Break
 
  04:30 ¡V 05:30
Uninterrupted Growth
This session explores how a company can propel growth through a sequence of stagnation and breakthrough. Every breakthrough enables the company to find a new level of growth, as illustrated by the cases of McDonald¡¦s, Intel and IBM.
Day 3

09:00 ¡V 10:30
Building of Core Competence in a Dynamic Environment

Participants will learn how to define the notion of core competence in a dynamic context. Study how a firm can turn real danger into opportunity. You will discover how to build up core competence by engaging in dynamic competition in a sequence of industry disruptions caused by itself or latecomers. Participants will use the previous cases to illustrate how this is achieved.
 

10:30 ¡V 11:00
Break

 
  11:30 ¡V 12:30
Core Competence, Managing Strategic Assets and Brand Name
You will see how implementing core competence and managing strategic assets would lead to building of a strong brand name. You will contrast cases on how companies like Sony, Honda, and Samsung that have moved from no-name to brand name will be contrasted with various Taiwanese OEM companies who failed to build brand recognition.
  12:30 ¡V 02:00
Lunch
 
  02:00 ¡V 03:30
Diversification, Specialization and Growth
You will learn how a company can grow by two different approaches: diversification or specialization. You will learn how to develop core competencies to reduce risk with either approach and examine the relative merits of each strategy. You will also gain insights from a number of cases that will illustrate how other companies have successfully managed these strategies to propel growth. You will use the GE, Nokia and Samsung cases to illustrate how a company can successfully manage diversification and specialization to propel its growth.
03:30 ¡V 04:00
Break
 
  04:30 ¡V 05:30
Regional Dynamic Development
You will use the Grabber-Holder Dynamic Theory to illustrate how one can create and shape the dynamic formation of an ecosystem that will support regional development. The dynamic formation of Silicon Valley is analyzed and the class will discuss how this can be applied to a particular region.