M2A3 Vanguard Group, 12 Most Popular Cases Page 34 Answer the questions completely, demostrating analysis of the issues and solutions. 1. What is Vanguard's mission? How did founder Jack Bogle shape the company? 2. What are some of the major external changes Vanguard experienced since inception? Apply a PESTEL analysis. How did Vanguard address each of these external challenges? Be specific. 3. How has Vanguard's internal strategic activity system changed over the last 20 years? Where would you locate the source of its competitive advantage? 4. How do you evaluate Vanguard's strategic positon at the end of the case? 5. Why is Vanguard's CEO Tim Buckley viewing innovation as vitality important to Vanguard's future? What rec ommendations would you have for Mr. Buckley to leverage innovation for competitive advant