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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