Management Consulting Simulation

Apply strategic frameworks to diagnose problems and develop recommendations

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GreenLeaf Grocery

Regional Grocery Chain - Revenue Decline Crisis

Client Overview

Same-Store Sales Change
-8.3% YoY
Annual Revenue
$623M (from $680M)
Gross Margin
19% (from 24%)
Store Count
42 locations
CLIENT REQUEST: You are a Consultant at Bain & Company working on a turnaround engagement for GreenLeaf Grocery, a regional grocery chain facing severe competitive pressure from online delivery services and discount competitors. Same-store sales have declined 8.3% year-over-year, margins are compressing, and the CEO needs a strategic recommendation within 3 weeks. Your task is to apply consulting frameworks (MECE, Porter's Five Forces, SWOT) to diagnose root causes, evaluate strategic options, and develop an actionable implementation roadmap.

Case Materials & Client Data

Review all materials before beginning your analysis

Framework Toolkit for This Case:

MECE Decomposition: Break down revenue decline into mutually exclusive, collectively exhaustive drivers
Porter's Five Forces: Assess competitive intensity and structural attractiveness of grocery retail
SWOT Analysis: Map internal strengths/weaknesses against external opportunities/threats
Strategic Options: Develop 2-3 distinct strategies with ROI quantification
Implementation: Phase initiatives, define KPIs, identify risks

GreenLeaf Grocery Case Materials

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Company Background

GreenLeaf Grocery is a regional grocery chain operating 42 stores across the Pacific Northwest (Oregon and Washington). Founded in 1987 by the Morrison family, GreenLeaf built its reputation on fresh produce, quality meats, and personalized customer service. The chain grew steadily through the 2000s, reaching $680M in annual revenue by 2022.

Store Footprint:

  • 42 stores (avg 32,000 sq ft per store)
  • Geographic concentration: Portland metro (18 stores), Seattle metro (12 stores), secondary markets (12 stores)
  • Store formats: Traditional full-service grocery, no discount or express formats
  • Real estate: 28 owned locations, 14 leased (avg lease term remaining: 7 years)

Historical Performance:

Metric 2020 2021 2022 2023 (LTM)
Revenue $612M $695M $680M $623M
Same-Store Sales Growth +2.1% +13.6% -2.2% -8.3%
Gross Margin 23.5% 24.8% 24.0% 19.1%
EBITDA Margin 5.2% 6.8% 5.9% 2.3%
Avg Transaction Value $42 $48 $47 $45

Problem Statement - Revenue Decline Decomposition

GreenLeaf's revenue decline from $680M (2022) to $623M (2023 LTM) represents a -8.3% decrease. Using MECE decomposition, the revenue decline breaks down as follows:

Revenue = Traffic × Conversion Rate × Average Basket Size

2022: $680M = 14.2M visitors × 68% conversion × $70 basket
2023: $623M = 12.5M visitors × 73% conversion × $67 basket

Traffic Impact: -12.0% (14.2M → 12.5M visitors)
Conversion Impact: +7.4% (68% → 73%)
Basket Size Impact: -4.3% ($70 → $67)

Key Insight: The primary driver of revenue decline is traffic (-12.0%), partially offset by improved conversion. Traffic decline indicates customers are shopping elsewhere or reducing shopping frequency, not that GreenLeaf is failing to convert visitors into buyers.

Customer & Market Research Data

Customer Survey Results (n=1,200 former/current GreenLeaf customers):

Why Reduced Shopping Frequency? % Respondents
Switched to online grocery delivery 45%
Shopping at lower-price competitors 32%
Prefer specialty stores (Whole Foods, Trader Joe's) 18%
Other (moved, dietary changes, etc.) 5%

Online Grocery Adoption:

  • 2019: 12% of GreenLeaf customers used online grocery delivery monthly
  • 2023: 38% of customers use online grocery delivery at least monthly
  • GreenLeaf does NOT offer online ordering or delivery (only in-store shopping)
  • Market research: 62% of surveyed customers would use GreenLeaf delivery if available

Price Sensitivity Data:

Retailer Basket Price Index (GreenLeaf = 100)
GreenLeaf Grocery 100
Walmart Supercenter 82 (18% cheaper)
Amazon Fresh 88 (12% cheaper)
Costco 76 (24% cheaper, bulk)
Whole Foods 118 (18% more expensive)
Trader Joe's 92 (8% cheaper)

Porter's Five Forces Analysis - Grocery Retail Industry

1. Threat of New Entrants: MEDIUM

  • Capital requirements moderate ($15-25M for new store buildout)
  • Real estate increasingly scarce in prime locations
  • Economies of scale important for supplier negotiations
  • However: Online-first models (Amazon Fresh, Instacart) bypass traditional barriers

2. Bargaining Power of Suppliers: LOW-MEDIUM

  • Large number of food suppliers creates competition
  • Major CPG brands (Coca-Cola, Kraft, etc.) have significant power
  • GreenLeaf's regional scale limits negotiating leverage vs. national chains
  • Fresh produce suppliers more fragmented (lower power)

3. Bargaining Power of Buyers: MEDIUM-HIGH

  • Customers highly price-sensitive (32% cite lower prices as reason for switching)
  • Low switching costs (customers easily shop multiple stores)
  • Transparency via apps/websites enables price comparison
  • However: Some customer loyalty to GreenLeaf's service quality and fresh produce

4. Threat of Substitutes: HIGH

  • Online grocery delivery rapidly growing (28% CAGR 2020-2023)
  • Meal kit services (HelloFresh, Blue Apron) address convenience need
  • Restaurant delivery apps (DoorDash, Uber Eats) substitute for some grocery trips
  • Discount clubs (Costco) bundle grocery shopping with membership value

5. Competitive Rivalry: VERY HIGH

  • Fragmented market with multiple formats (traditional, discount, online, specialty)
  • Major national players expanding: Walmart, Amazon, Kroger
  • Regional players fighting for share: Fred Meyer, QFC, Safeway
  • Low industry growth (2-3% annually) intensifies share battles
  • High fixed costs drive need for volume and utilization
Porter's Five Forces Conclusion: Grocery retail is a structurally challenging industry with high competitive intensity, increasing threat from online substitutes, and moderate-to-high buyer power. GreenLeaf's regional scale puts it at a disadvantage against national players with superior purchasing power and technology investments.

SWOT Analysis Framework - GreenLeaf Grocery

STRENGTHS:

  • Fresh Produce Reputation: Customer surveys rank GreenLeaf #1 in produce quality among regional competitors (87% satisfaction vs. 72% for Safeway)
  • Store Locations: 28 owned properties provide long-term real estate stability and lower occupancy costs vs. leased competitors
  • Local Brand Recognition: 78% unaided brand awareness in Portland/Seattle metro areas
  • Experienced Workforce: Average employee tenure 6.2 years (vs. 2.8 years industry average); lower turnover reduces training costs
  • Operational Efficiency: Labor productivity of $185K revenue per FTE vs. $172K industry median

WEAKNESSES:

  • No E-Commerce Platform: Zero online ordering/delivery capability while 38% of target customers now shop online monthly
  • Limited Scale: $623M revenue vs. $150B+ for Walmart, limiting supplier negotiating power and technology investment capacity
  • Aging Store Format: Average store age 18 years; customer experience rated 6.2/10 vs. 7.8/10 for Whole Foods
  • Premium Pricing: 12-18% price premium vs. Walmart/Amazon Fresh erodes value proposition
  • Technology Deficit: Legacy POS system, no mobile app, limited CRM/loyalty program sophistication
  • Geographic Concentration: 71% of stores in just 2 metro areas creates vulnerability to regional economic shocks

OPPORTUNITIES:

  • Omnichannel Expansion: 62% of surveyed customers would use GreenLeaf delivery; online grocery growing at 28% CAGR
  • Local/Organic Positioning: Consumer preference for locally-sourced food growing 15% annually; GreenLeaf's Pacific NW supplier relationships enable differentiation
  • Prepared Foods/Deli: Ready-to-eat meals growing at 12% annually as consumers seek convenience; GreenLeaf's current deli sales represent only 8% of revenue vs. 14% industry average
  • Private Label Expansion: GreenLeaf private label is only 12% of sales vs. 25-30% for leading chains; private label offers 25-30% higher margins
  • Loyalty Program Enhancement: Current program is basic; personalized offers could drive 8-12% incremental spending per active member

THREATS:

  • Amazon/Walmart Expansion: Amazon Fresh opened 4 stores in Seattle area in past 18 months; Walmart expanding grocery pickup/delivery aggressively
  • Continued Margin Pressure: Supplier cost inflation 6-8% annually while competitive pricing limits pass-through to customers
  • Labor Cost Inflation: Washington minimum wage increasing to $16.28/hour (vs. $13.50 currently); labor represents 38% of OpEx
  • Real Estate Lease Renewals: 14 leased locations face renewal in next 5 years; landlords seeking 15-25% rent increases
  • Consumer Behavior Shift: Younger demographics (18-35) show 2.3x higher preference for online grocery vs. 55+ age group; demographic headwind

Strategic Options - Analysis & Evaluation

OPTION 1: Omnichannel Integration (Delivery + Pickup)

Build e-commerce platform with same-day delivery and curbside pickup. Partner with Instacart for logistics infrastructure, develop proprietary mobile app, and upgrade store infrastructure for efficient order fulfillment.

Investment/Cost Year 1 Years 2-3 (Annual)
E-commerce platform development $4.2M $800K (maintenance)
Mobile app development $1.8M $400K (updates)
Store pickup infrastructure (all 42 stores) $3.6M $200K
Instacart partnership fees $500K 3.5% of online GMV
Marketing & customer acquisition $2.5M $1.8M
Incremental labor (order fulfillment) $1.2M $2.8M
Total 3-Year Investment $24.1M
Expected Benefits Year 1 Year 2 Year 3
Online revenue (% of total) 8% 18% 25%
Total revenue $673M $736M $779M
Incremental gross profit $10.5M $23.8M $32.9M
Customer retention improvement +3% +7% +10%

3-Year NPV (12% discount): $38.2M | IRR: 42%

OPTION 2: Premium Local/Organic Repositioning

Double down on GreenLeaf's fresh produce strength by repositioning as the Pacific Northwest's premier local/organic grocer. Expand partnerships with local farms, increase organic SKU count from 1,200 to 3,500, renovate stores with farmer's market aesthetic, and accept 15% higher cost structure offset by premium pricing.

Investment/Cost Year 1 Years 2-3 (Annual)
Store renovations (15 stores/year) $18M $18M
Expanded organic/local SKUs (supplier setup) $2.8M $600K
Staff training & certification $1.2M $400K
Rebranding & marketing campaign $5.5M $3.2M
Premium product COGS increase $8.5M $11.2M
Total 3-Year Investment $87.6M
Expected Benefits Year 1 Year 2 Year 3
Avg basket size increase +4% +9% +12%
Traffic change (win back premium segment) -2% +3% +6%
Total revenue $637M $701M $739M
Gross margin 20.8% 23.5% 25.1%

3-Year NPV (12% discount): $21.5M | IRR: 18%

OPTION 3: Discount Fighter Brand

Launch "ValueMart by GreenLeaf" discount format in 8 locations, targeting price-sensitive customers lost to Walmart/Amazon. Limited SKU count (3,000 vs. 18,000 in traditional stores), no-frills store design, focus on private label and high-velocity items. Separate brand to protect premium GreenLeaf positioning.

Investment/Cost Year 1 Years 2-3 (Annual)
Convert 8 underperforming stores $12.5M $0
Private label development $3.2M $800K
Separate brand identity & marketing $4.8M $2.5M
Supplier renegotiation (volume discounts) $600K $200K
Total 3-Year Investment $25.1M
Expected Benefits Year 1 Year 2 Year 3
ValueMart revenue contribution $48M $82M $95M
Cannibalization of GreenLeaf stores -$12M -$18M -$20M
Net total revenue $659M $687M $698M
Blended gross margin 18.2% 18.9% 19.3%

3-Year NPV (12% discount): $8.7M | IRR: 9%

Recommended Strategy: Omnichannel Integration (Option 1)

Recommendation Rationale: Option 1 (Omnichannel) delivers the highest NPV ($38.2M) and IRR (42%) while directly addressing the primary driver of revenue decline—45% of lost customers cited switching to online delivery. This strategy leverages GreenLeaf's existing strengths (fresh produce, local brand) while closing the critical capability gap. The moderate investment ($24.1M over 3 years) is achievable and creates a sustainable competitive moat through customer data and convenience. Option 2 (Premium) has merit but requires 3.6x more capital and targets a smaller addressable market. Option 3 (Discount) cannibalizes the core brand and offers the lowest returns.

Implementation Roadmap - 18 Month Plan

Phase 1: Foundation (Months 1-4)

  • Select and contract with e-commerce platform vendor (Shopify, custom build decision)
  • Sign Instacart partnership agreement for delivery logistics
  • Conduct customer research to prioritize feature set for mobile app
  • Pilot curbside pickup in 5 stores (highest-traffic locations)
  • Build internal project team (hire VP of Digital, 3 product managers)
  • Expected Outcome: Pilot stores launch pickup, achieving 150 orders/week/store; validate customer demand and operational model

Phase 2: Market Launch (Months 5-9)

  • Roll out curbside pickup to all 42 stores
  • Launch mobile app (iOS, Android) with online ordering
  • Begin Instacart-powered delivery in Portland metro (18 stores)
  • Execute $2.5M marketing campaign targeting lapsed customers
  • Train 120 store associates on order fulfillment processes
  • Expected Outcome: Achieve 8% of sales through digital channels in Portland; customer satisfaction score 7.8/10 for pickup/delivery

Phase 3: Scale & Optimize (Months 10-18)

  • Expand delivery to Seattle metro and secondary markets
  • Launch loyalty program integration (digital offers, personalized recommendations)
  • Optimize fulfillment operations (reduce order prep time from 28 min → 18 min)
  • Introduce subscription model ($9.99/month for free delivery)
  • Measure and improve unit economics (target $12 profit per online order)
  • Expected Outcome: 18% of total sales digital by Month 18; 28,000 active subscription members; positive contribution margin on online channel

Key Performance Indicators (KPIs)

Leading Indicators (Track Weekly/Monthly):

KPI Month 4 Target Month 9 Target Month 18 Target
App Downloads 15,000 85,000 180,000
Weekly Active Users 4,200 28,000 62,000
Orders per Week 750 9,500 24,000
Customer Acquisition Cost $42 $28 $18
Repeat Order Rate (30 days) 35% 52% 68%

Lagging Indicators (Track Monthly/Quarterly):

KPI Baseline (Current) Month 9 Target Month 18 Target
Total Revenue $623M $658M $736M
Same-Store Sales Growth -8.3% +2.1% +8.5%
Digital % of Sales 0% 8% 18%
Customer Retention Rate 68% 73% 78%
Gross Margin 19.1% 20.8% 22.3%

Risk Flags (Monitor Closely):

  • Technology Execution Risk: Platform launch delays or poor user experience → Mitigation: Select proven vendor, conduct extensive UAT, maintain backup vendors
  • Unit Economics: Online orders unprofitable due to fulfillment costs → Mitigation: Target $12 contribution margin per order; implement minimum order values; optimize pick efficiency
  • Cannibalization: Online sales cannibalize profitable in-store traffic → Mitigation: Track total customer value (online + offline); focus on incremental customers and basket size growth
  • Competitive Response: Walmart/Amazon respond with aggressive pricing → Mitigation: Differentiate on quality, local products, and service; avoid pure price competition
  • Operational Complexity: Store associates struggle with dual fulfillment model → Mitigation: Dedicated fulfillment teams in high-volume stores; comprehensive training program

Financial Summary - 3-Year Projection

Baseline Scenario (Do Nothing):
Revenue continues declining at -6% annually → $552M by Year 3
Gross margin compresses to 17.5%
EBITDA turns negative by Year 2

Omnichannel Strategy Scenario:
Year 1: $673M revenue, 20.5% gross margin, 3.8% EBITDA margin
Year 2: $736M revenue, 21.8% gross margin, 5.2% EBITDA margin
Year 3: $779M revenue, 22.3% gross margin, 6.1% EBITDA margin

Total Value Creation vs. Baseline: $127M cumulative EBITDA improvement over 3 years

Section 1: Problem Definition & MECE Decomposition

Structure the revenue decline problem using MECE framework

MECE Framework: Mutually Exclusive, Collectively Exhaustive

MECE is the foundation of structured problem-solving in consulting. It requires breaking down problems into components that are:

  • Mutually Exclusive: No overlap between categories (each driver counted once)
  • Collectively Exhaustive: All drivers accounted for (nothing missing)

For revenue problems, the classic MECE decomposition is: Revenue = Traffic × Conversion × Basket Size

Must calculate exact percentage from visitor numbers in materials
Find in customer survey results table
Minimum 100 words. Must reference specific percentages and explain the business implication of traffic vs. conversion changes.

Strong Response Example

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Traffic decline of -12% (14.2M → 12.5M visitors) is the primary driver because it represents customers choosing NOT to shop at GreenLeaf at all, rather than a failure to convert visitors into buyers. The MECE decomposition shows that while conversion rate actually improved from 68% to 73% (+7.4%), this couldn't offset the massive traffic loss. The improved conversion indicates GreenLeaf is effectively serving the customers who do visit—the problem is that far fewer customers are walking through the door. This is confirmed by survey data showing 45% of former customers switched to online delivery and 32% moved to lower-price competitors. GreenLeaf doesn't have an in-store execution problem; it has a value proposition problem. Customers are making a deliberate choice to shop elsewhere because GreenLeaf lacks online ordering (addressing the 45% who went digital) and carries an 18% price premium vs. Walmart (addressing the 32% seeking lower prices). The -4.3% basket size decline is secondary—it's an effect of the same competitive pressure, not an independent driver. The business is fundamentally losing customers to competitors offering better convenience (online) or value (discount), not losing sales from existing traffic.

Section 2: Porter's Five Forces & Competitive Analysis

Apply Porter's framework to assess industry structure and competitive intensity

Porter's Five Forces Framework

Developed by Michael Porter, this framework analyzes industry attractiveness through five competitive forces:

  • Threat of New Entrants: How easy is it for new competitors to enter?
  • Bargaining Power of Suppliers: Can suppliers dictate terms and pricing?
  • Bargaining Power of Buyers: How much power do customers have?
  • Threat of Substitutes: What alternative solutions exist?
  • Competitive Rivalry: How intense is competition among existing players?
Extract exact rating from Porter's Five Forces analysis in materials
Price index must be exact from table. Explanation minimum 60 words, connecting price sensitivity to buyer power rating.
Minimum 120 words. Must reference at least 3 of the 5 forces and explain GreenLeaf's specific vulnerability as a regional player.

Strong Response Example

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Grocery retail presents a structurally challenging environment for GreenLeaf due to the interaction of multiple unfavorable forces. First, competitive rivalry is VERY HIGH—the industry is fragmented with multiple formats competing (traditional chains, discount, online, specialty), and low industry growth (2-3% annually) means every player is fighting for share in a zero-sum game. GreenLeaf's $623M revenue pales against Walmart's $150B+, creating a massive scale disadvantage in supplier negotiations and technology investment. Second, the threat of substitutes is HIGH and accelerating—online grocery delivery is growing at 28% CAGR, and GreenLeaf has zero digital presence while 38% of its target customers now shop online monthly. This isn't just cannibalization within grocery; it's fundamental channel disruption that GreenLeaf is unprepared for. Third, buyer power is MEDIUM-HIGH because customers are highly price-sensitive (32% switched for lower prices), switching costs are zero, and price transparency via apps enables instant comparison. GreenLeaf's 18% price premium vs. Walmart is untenable when customers can easily defect. Finally, as a regional player, GreenLeaf faces supplier power disadvantages—major CPG brands negotiate harder terms with smaller chains, limiting GreenLeaf's ability to compete on price even if it wanted to. The combination creates a vise: intense competition from better-resourced national players, customers with high power and low loyalty, and structural cost disadvantages that prevent competitive pricing. Regional scale is a liability, not an asset.

Section 3: SWOT Analysis & Strategic Options

Map internal capabilities against external environment and evaluate strategic alternatives

SWOT Analysis Framework

SWOT identifies internal Strengths and Weaknesses, and external Opportunities and Threats. The key is finding the intersection:

  • Strength + Opportunity: Where can we leverage advantages to capture growth?
  • Weakness + Opportunity: What capabilities must we build?
  • Strength + Threat: How do we defend our position?
  • Weakness + Threat: What existential risks must we mitigate?
Minimum 80 words. Must specify the strength and explain actionable strategy to exploit it.
Must match exact figures from materials
Minimum 150 words. Must include financial metrics (NPV, IRR, investment) AND strategic reasoning (addressable market, root cause alignment).

Strong Response Example

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The Omnichannel strategy is superior on both financial and strategic grounds. Financially, Omnichannel delivers $38.2M NPV vs. $21.5M for Premium—a 78% higher return—while requiring only $24.1M investment vs. $87.6M (73% less capital). The 42% IRR vs. 18% IRR means payback is faster and capital efficiency is dramatically better. But the strategic logic is even more compelling. The root cause analysis showed that 45% of lost customers switched to online grocery delivery, while only 18% preferred specialty stores like Whole Foods. Omnichannel directly addresses the largest defection driver, targeting a 45% addressable market vs. Premium's 18% niche. Moreover, 62% of surveyed customers stated they would use GreenLeaf delivery if available—this is validated demand for the Omnichannel solution. The Premium strategy, while culturally aligned with GreenLeaf's fresh produce heritage, requires massive store renovations ($54M alone) to chase a smaller, wealthier customer segment that's already well-served by Whole Foods and New Seasons. Premium also assumes GreenLeaf can command higher prices when the data shows customers are price-sensitive (32% defected to cheaper alternatives). Omnichannel leverages GreenLeaf's existing strengths—fresh produce quality, brand recognition, real estate footprint—while closing the critical capability gap (no digital channel). It's both higher-return and lower-risk because it solves the problem customers have explicitly identified rather than repositioning for a niche that may not want what GreenLeaf offers.

Section 4: Implementation Planning & KPI Framework

Build actionable roadmap with measurable success metrics

Implementation & Measurement Best Practices

Strong implementation plans include:

  • Phased Approach: Pilot → Scale → Optimize (de-risk through incremental rollout)
  • Leading Indicators: Early signals that predict future performance (app downloads, weekly active users)
  • Lagging Indicators: Outcome metrics that confirm success (revenue, margin, retention)
  • Risk Mitigation: Pre-identified failure modes with contingency plans
Find in Lagging Indicators table
Extract from Phase 1 expected outcomes
Minimum 200 words. Must include specific initiatives, timeline, quantified metrics, and risk mitigation from materials.

Strong Response Example

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GreenLeaf's omnichannel implementation follows a carefully sequenced 12-month rollout. Phase 1 (Months 1-4) establishes the foundation: select an e-commerce platform vendor (evaluate Shopify vs. custom build based on scalability and time-to-market), sign the Instacart partnership for delivery logistics infrastructure, and launch a curbside pickup pilot in 5 highest-traffic stores to validate operational model before full rollout. This phase also builds the internal team—hire a VP of Digital and 3 product managers to own the roadmap. The expected outcome is 150 orders per week per pilot store, demonstrating customer demand and proving the in-store fulfillment process works without disrupting traditional operations. This pilot de-risks technology and operations before major capital deployment. Phase 2 (Months 5-9) scales to market launch: roll out curbside pickup to all 42 stores, launch the mobile app (iOS and Android) with full online ordering capability, and begin Instacart-powered delivery in the Portland metro area (18 stores). This phase requires training 120 store associates on order fulfillment SOPs and executing a $2.5M marketing campaign targeting the 45% of lapsed customers who switched to online delivery. The expected outcome is achieving 8% of total sales through digital channels in Portland and a customer satisfaction score of 7.8/10 for pickup/delivery, validating that the customer experience meets expectations. Key metrics to track: app downloads (target 85,000 by Month 9), weekly active users (28,000), orders per week (9,500), and customer acquisition cost declining from $42 to $28 as marketing efficiency improves. Primary risks include technology execution (platform delays or poor UX), unit economics (online orders unprofitable), and operational complexity (associates struggling with dual fulfillment). Mitigations: select a proven platform vendor, target $12 contribution margin per order with minimum order values, and deploy dedicated fulfillment teams in high-volume stores rather than asking all associates to toggle between roles.

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Section 1: MECE & Problem Definition --/25
Section 2: Porter's Five Forces --/20
Section 3: SWOT & Strategy Selection --/25
Section 4: Implementation & KPIs --/30