Industry growth rate a common mistake is to assume…
Industry growth rate a common mistake is to assume that fast growing industries are always attractive. Growth does tend to rival, and expanding pie offers opportunities for all competitors. Advanced technology or innovations are not by themselves enough to make an industry, structurally, attractive or unattractive. Government is not best understood as a sixth course because government involvement is neither inherently good or bad for industry profitability Compliments, our products or services used together with an industries product.
— from Expanding Your Range (Growth/Change/Education/Learning/Habit) · Strategy by HBR