The BINGO (actually called STRATEGY). This consists of two documents that are attached. First, I created 16 different playing cards by putting on words I expected to use in class. Then, I created a list of additional words that I expected to use. I instructed students to take one of the playing cards and then fill in the blanks with words from the list. By partially completing the card, I saved class time. By having students finish the card themselves, I ensured that each card would be different.
I only used this approach once, but should use it again. The particular topic the day I used it was ‘competitive dynamics’. I think the topic was a bit too hard for the students, but they seemed to like the game. The two winners in each section received a $5 Subway gift certificate.
16 different playing cards
Additional Words: Resources, Learning, Differentiation, Risk, Hot Topic, People, Information, Payoff, Second Mover, Royalties, Average, Product, Training, Scale, Value Chain, Saturn, Winner, Technology, Subway, Barriers To Entry, Brand, Tomorrow, Generic Strategy, Trillion, Groups, Delay, Plant, Time,
We often spend time focused on what makes a strategy inimitable. Of course, the spate of recent law suits tells the other side of the story in terms of the risks of copying. That said, there is little new under the stars and imitation can yield tremendous returns. We don’t see much focus in cases (or the literature) on imitation as a capability. What makes firms good at it?
Thinking that travel agents would go the way of the dinosaur, the stopped paying commissions and built their reservation web pages. However, this ultimately created powerful online reservation systems that the airlines now must pay commissions to. The article provides a road map on how NOT to use the 5 forces in developing a strategy…
Several factors might account for high prices including:
Here are 
Carpenter Strategy Toolbox 