
Product Strategy Concept -
Defender
Concept summarized by Sam Mishra, President, Franteractive
Defenders are protection oriented and not very pro-active. As businesses,
they seek stability by maintaining current market positions and
vigorously defending against encroachment by other
firms. Defenders, unlike prospectors, engage
in little or no new product or
market development. Their strategic actions seek to preserve market share by
minimizing the impact of competitor's initiatives.
Typically, defenders are companies with
a limited product line. Frequently, they focus on improving the
efficiency of their existing
operations, which prevents them to innovate in new areas. In the year 2010, as web 2.0 matures, TV Stations / Networks can be argued to be defenders
in the media advertising space; with Google / Facebook as the prospectors.
(The terms prospectors,
analyzers, and
defenders were first coined by Miles and Snow.)
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