Question: develop Strategic Group Map ( s ) of the Industry in which the regional webster bank competes with competitors are Bank of America, Citizens Financial
developStrategic Group Maps of the Industry in which the regional webster bank competes with competitors are Bank of America, Citizens Financial Group, Inc KeyCorp, Wells Fargo
This analysis should identifythe important strategic dimensions of competition within the industry, and how different groups of firms in the industry choose to compete along those dimensions. It should alsoevaluate the effects that macroenvironmental and industry factors have on the potential profitability of the different groups identified, as well as the potential opportunities and threats faced by the different groups.
Answering the following questions may help to keep this analysis correctly focused:a How did you choose the strategic dimensions used in the map?b What relevant characteristics can you observe on the groups that emerged?c Are there any mobility barriers between the strategic groups identified in the map?d What further insights can you derive from this map?Do the external environment PESTEL factors or the forces affect the strategic groups differently?How does competition differ among the different groups identified, and how would you ratequantify theprofitability of those groups?
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