Thursday, January 5, 2012

Characteristics of Prospector when attempting to handle adaptation cycles


In the last blog, we took a closer look at the approach taken up by Defenders to handle the adaptation cycle challenges. We shall today move to the next of the categories - Prospectors.

Continuing to understand our classification and their characteristics better we move on from Defenders to Prospectors. The prospectors in contrast to the defenders have a constant eye on new products and attempt reaching there cautiously. The following diagram is a summary of the characteristics of a Prospector.

[do download the pic and read the complete text.. apologies for the small font]

The diagram summarizes the characteristics of defenders (adapted from Miles and Snow - Organizational Strategy, Structure and Processes)

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