Strategic Qs: Analyze the Strategic Landscape
There are roughly six different type of strategy questions. While the most commonly asked questions are around “Should X do Y? Yes or No.” The third most common question type is to analyze an entire market.
For example: Provide your strategic analysis of X market. More specifically: What is your strategic analysis of mobile messaging applications today?
While at a high-level using the Pros and Cons Analysis can work well here, it might also help you to follow this four-point framework:
General Trends leading us to the current state
Current Types of Products in the Market
Current Industry Leaders
Speculations on the Future
More specifically, let’s look at our example: What is your strategic analysis of mobile messaging applications today?
General Trends over last few decades
Phone > Cell Phone
Talking on Phone > SMS
Private vs Group Conversations (1:1 > 1:many)
Cell Phone Based >> App Based Chats
All in one vs Segmented for Privacy
Text only >> images >> gifs >> Video >> Open Rooms (water cooler style)
Toggling between text and visual
Types of Messaging Apps
Phone
iOS & Android Native
Social
What’s App
iMessenger
IG Messaging
Discord
etc.
Super Apps
We Chat
Grab
Industry Leaders
iOS
Android
Meta Family of Apps (What’s App, iMessage, etc.)
Discord
Slack
Future
Video driving more interaction and visual
Always on and Interactive
Metaverse
Augmented reality/Holograms