MEDIA as the 7th Force in Porter's Five Forces
The Media could be added as a seventh force as it would complement the Porter model of 5 forces. The media today have become an inevitably interwoven phenomenon in our personal and organizational live...
Strengths of Porter's Five Forces Model
Porter's' five force model is an excellent tool that is applicable to most areas of business along with its complement the PESTLE analysis.
It allows current and potential business owners to critical...
How to Deal with Competitors in Five Forces Analysis?
Okay I understand the five forces, but when I'm trying to apply the model, where do I place other competitive rivals of the firm?
For example, if I am doing a five force analysis on supermarkets, in ...
There are More than Porter's 5 Forces!
We also have other forces that operate together with Porters model. For example Government, Society and natural phenomena. These other three factors can be a threat or an opportunity to any business...
Why Porter's Monitor Consulting Company Failed
In 1983, Michael Porter co-founded his consulting company, the Monitor Group. In November 2012, Monitor was unable to pay its bills and filed for bankruptcy. One would think a strategy consulting firm...
Does Competition Increase the Need for Segmentation?
When a market becomes more and more competitive, does that require more emphasis on market segmentation? In other words: is increasing competition conducive to segmentation?...
The New Industrial Economics School
Industrial Economics (IE) involves the study of firms, industries and markets. It looks at firms of all sizes and a any industry, typically analyzing the decision making at the levels of the individua...
Five Forcesに関する最も評価の高いディスカッショントピック。ここでは、最も価値のあるアイデアと実用的な提案を見つけます。
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Assumptions of the Five Forces Model. Limitations
The Five Forces model has two basic premises:
The first one is that the goal of a business is long-term profitability.
The second one is that the intensity of competition in an industry is neither a...
Substitutes and the Five Forces Model
I am interested in '(innovative) substitutes' such as:
1. New inventions (e.g., mobile phones as communicators)
2. New applications of existing products (e.g., internet on mobile phones)
3. New tec...
Business Networking: Forces are Getting Connected
I think, there is an interesting phenomena around us due to business networking. Can't we say that the basic model has now evolved into a more integrated one? I believe the 'forces' are now getting co...
Measuring / Calculating the Five Forces of Porter?
Hi, can somebody help me how to calculate the co-efficients for each of the five forces. I understand all of the 5 forces might not be having the same weight. Also it would differ by industry....
Impact of Internet on Industry In his article called "Strategy and the Internet" (HBR, March 2001) M. Porter takes his Industry Structure framework one...
Analyzing industry structure Note that the 5 forces framework of Porter is a snapshot, a photo of the current industry's structure. At least equally ...
Competitive Strategy, Competitive Environment, Competitive Intelligence, Industry Analysis Gilad (2014) researched in what way and to what extent competitors do matter. Many people believe that competitors are o...
Co-opetition, Strategic Partnerships, Strategic Collaboration, Strategic Clusters Presentation about Co-opetition thereby especially focusing on the typologies and strategies of co-opetition. It include...
Strategic Management, Information Technology This presentation looks at Information Technology from a strategic point of view. In other words, it discusses in what w...
Strategic Planning, Strategic Management, Business Planning, Business Plan Presentation about strategic planning and business planning, including the following sections:
1. What is a business pl...
Applying the 5 Forces for Fundamental Industry Analysis Interview Michael E. Porter, Professor at Harvard University on The Five Competitive Forces That Shape Strategy. Topics:...
Initial Understanding of Industry Analysis Interview Michael E. Porter, Professor at Harvard University on The Five Competitive Forces That Shape Strategy. Topics:...
Initial understanding of the Five Competitive Forces Interview with Michael E. Porter, Professor at Harvard University on The Five Competitive Forces That Shape Strategy
Pa...