Developing a strategy for your firm is a key part of success in the StratSim environment. Your strategy will serve as your firms roadmap throughout the simulation, and should consist of a vision for the company along with a framework for realizing the vision. The strategy diamond provides a framework for defining your strategy based on five elements: Arenas, vehicles, differentiators, economic logic, and staging. See the section on Managing for Success in the StratSim manual for descriptions of these elements. Provide a mission statement for your company, then use the elements of the strategy diamond to define your strategy. You may choose to address these in PowerPoint presentation format or in a maximum of two pages. Arenas: Where will you compete and why?