Michael Porter’s theory has shaped a generation of academic research and business practice.
Understanding the competitive forces, and their underlying causes, reveals the roots of an industry’s current profitability while providing a framework for anticipating and influencing competition (and profitability) over time. A healthy industry structure should be as much a competitive concern to strategists as their company’s own position. Understanding industry structure is also essential to effective strategic positioning. Defending against the competitive forces and shaping them in a company’s favor are crucial to strategy.
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gorgeous explanation, I've watched countless videos before understanding this.
shawawt sa mga taga perps diyarn
My assistant professor took about 30 minutes to explain it and still students at the end were like confused. And just my 3 minutes here, and I got a full picture.
Hi good day, may I ask you something ? Sources or Forces? What do you think?
This is the best explanation you can get on Porter five forces. Thank you HBR ❤️
Harvard business, Harvard Law, Harvard medicine! Being thankful to all these ❤️
Very good and great 👍👌
I really love the way of explanation
4. New Entrants
5. Existing Rivals
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