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Market Development (Discover) Exploit New markets by creating product/services by leveraging existing competencies differently

Diversification (Develop) Build new competencies to create the future

Market Opportunity

New

Market Penetration (Defend)

Product Development (Deepen)

Defending existing markets by strengthening existing competencies

Build complementary/ new competencies to fortify position in existing market

Existing

Existing

New

Distinctive Competencies (Product/Services)

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