Porter defines corporate strategy as positioning the organization differently from its peers rather than simply doing the
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Porter defines corporate strategy as positioning the organization differently from its peers rather than simply doing the same activity better than its peers. However, particularly in technological organizations, strategies need to be reviewed regularly due to foreseen and unforeseen changes in technology, thus technological forecasting plays a large role in the strategy. How does organizations/utilities define strategy and how do they predict technological developments will change it in the next 5-10 years?
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