In which phase of the industry life cycle do you see strategic leadership as being the MOST important and why?

Consider Table 5.1 on page 162 of the textbook.

In which phase of the industry life cycle do you see strategic leadership as being the MOST important and why? (And ‘strategic leadership is important in every phase’ is not an acceptable response. I’m asking more of you than that.)

Textbook:
Grant M. R. & Jordan J. J. (2015). Foundations of strategy. 2nd Edition, New Jersey: John Wiley & Sons.

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