Framework

2-Week Convergence Audit

TL;DR

A step-by-step implementation process to analyze convergence in your industry and make strategic decisions.

A step-by-step implementation process to analyze convergence in your industry and make strategic decisions. Requires 10-15 hours over two weeks, ideally split across strategy, product, and operations leaders.

When to Use 2-Week Convergence Audit

Run annually as a strategic planning exercise, or when facing significant industry shifts, new competitive threats, or pressure to adopt industry 'best practices'.

How to Apply

1

Identify Practices (Days 1-2)

List 15-20 significant business practices across technology, pricing, distribution, product features, operations, and organization structure

Outputs

  • Practice inventory with adoption dates and rationales
2

Assess Convergence Evidence (Days 3-4)

For each practice, gather data on competitor adoption patterns, timing, and performance correlation

Questions to Ask

  • How many competitors use this practice?
  • Did they adopt independently or sequentially?
  • Does it correlate with performance?

Outputs

  • Classification: Convergence (green) / Copying (yellow) / Fad (red) / Path-dependent (blue)
3

Identify Selection Pressures (Day 5)

For convergent practices, identify and rate the driving selection pressure (1-5 scale)

Outputs

  • Selection pressure ratings for each convergent practice
4

Prioritize Convergence Gaps (Days 6-7)

Identify where you should converge but haven't (convergence debt)

Outputs

  • Ranked list of convergence gaps with effort/risk estimates
5

Identify Differentiation Opportunities (Days 8-9)

Find practices where deliberate differentiation could create advantage

Outputs

  • Differentiation candidates with value proposition assessment
6

Create Action Plan (Day 10)

Synthesize into four categories: Converge immediately, Converge strategically, Differentiate deliberately, Resist convergence

Outputs

  • Prioritized action plan with owners and timelines

2-Week Convergence Audit Appears in 1 Chapters

Framework introduced in this chapter

Related Mechanisms for 2-Week Convergence Audit