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For several decades, Corporate Strategy has been founded upon the notion of Strategic Focus. In fact, Michael Porter, known as the Father of Modern Strategy, wrote in 1980 that Strategy targets either Cost Leadership, Differentiation, or Focus.

However, with the rise of emerging technologies (such as Big Data, Analytics, and Machine Learning), companies are now breaking from the focus-oriented strategic mindset and now instead seeking to adopt a Pan-Industrial Strategy. As the name suggests, Pan-Industry Strategy is the strategy of competing in multiple industries.

A Pan-Industrial approach has the following 4 core advantages:

1. Elevated Efficiency
2. Distributed Platform Costs
3. Increased Innovation
4. Information with Network Effects

Armed with the digital platforms and new manufacturing technologies, Pan-Industrial companies will gain several advantages over conglomerates and focused companies. This presentation discusses each of these advantages in detail and also includes a couple case studies of companies adopting a Pan-Industrial Strategy.

This deck also includes slide templates for you to use in your own business presentations.

Got a question about the product? Email us at [email protected]. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Digital Manufacturing: Pan-Industrial Strategy PowerPoint document

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Digital Manufacturing: Pan-Industrial Strategy

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File Type: PowerPoint (pptx)

Tag(s): Strategy Development Manufacturing Digital Transformation Innovation Digital Supply Chain

Number of Slides: 21 (includes cover, transition slides)

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