What is the average size of a company in the industry?
-
Upload
bennett-curtis -
Category
Documents
-
view
217 -
download
0
Transcript of What is the average size of a company in the industry?
![Page 1: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/1.jpg)
What is the average size of a company in the industry?
![Page 2: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/2.jpg)
Objectives• Examine industry structure, with a focus on
company size, in the context of entrepreneurial industry status
• Explore the impact of average company size on your success as an entrepreneur
![Page 3: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/3.jpg)
MacroeconomicChange
Entrepreneurial Motivation
Entrepreneurial Behavior
Industry
Condition
IndustryStatus
Industry lifecycle
Industry structure
Opportunity Identification
ValueCurve
Competition
The Opportunity Analysis CanvasTM
Entrepreneurial Mindset
![Page 4: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/4.jpg)
Defining company size
“the average size of companies (employees, resources, etc.) within an industry”
• Capital intensity• Advertising intensity• Company concentration• Average company size
![Page 5: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/5.jpg)
![Page 6: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/6.jpg)
![Page 7: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/7.jpg)
The “ideal” competitor size• Industries with a small number of small-
sized competitors present the preferred scenario for new ventures
• Competing with a few small competitors is more advantageous for entrepreneurs versus competing with many large competitors
![Page 8: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/8.jpg)
![Page 9: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/9.jpg)
![Page 10: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/10.jpg)
![Page 11: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/11.jpg)
![Page 12: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/12.jpg)
![Page 13: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/13.jpg)
![Page 14: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/14.jpg)
Ways to grow bigger faster cheaper• Outsource
– Not always offshoring– Legal, accounting, technology, marketing, etc.
• Partnership– Share in the risks and rewards
• Joint venture– Formal, on-going partnerships
![Page 15: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/15.jpg)
![Page 17: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/17.jpg)
![Page 18: What is the average size of a company in the industry?](https://reader035.fdocuments.in/reader035/viewer/2022062423/56649eaa5503460f94bb0007/html5/thumbnails/18.jpg)
Summary on industry status• New ventures perform better in younger
industries with immature industry structures– Less competition versus established industries– Capital intensity and advertising intensity are
often low in young industries, and it is affordable for new entrants to enter and compete effectively
• Young industries also offer a common learning curve amongst all competitors, and a more even playing field for competition