Question

Explain the following industry specific strategies

Maturing strategies

Stagnation strategies

Declining Rejuvenation strategies

Exit strategies

Answer 1

Maturing strategies are strategies that are used to prevent the company to mature or reach to stage where business cannot move ahead towards growth. The strategy would involves company to expand into unsaturated markets with demands of the like product, be innovative in designs and supply chain management, heavily market the product reasserting the importance of brand and looking for more investments.

Stagnation strategies are needed in more complex situations where company get stuck and there is no growth at all and companies face a lot of internal and external issues. In this scenario, company needs to motivate its internal employees, improve upon business process and reassert on its brands and create trust in consumers.

Declining Rejuvenation strategies are strategies where business image is on the declining side of the company and the strategy is therefore need to push it to move upwards and these can be done by renovating the product type, heavy marketing of the products and reasserting the brand image and changing the public perceptions of brand through lots of management process and decisions making.

Exit strategies are strategies that are taken by investors, venture capitalist, traders, business owners to exit the current organizations or to liquidate it, or enter into merger and acquisitions for the reasons of fear of failure of business, or running into huge loss or divesting their interest for some other value with other companies and exit the company.