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.
https://www.youtube.com/watch?v=Jyjbwmbdr6A
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.
https://www.youtube.com/watch?v=Jyjbwmbdr6A&t=2s
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 ❤️
https://www.youtube.com/watch?v=Jyjbwmbdr6A
https://www.youtube.com/watch?v=Jyjbwmbdr6A&t=44s
Harvard business, Harvard Law, Harvard medicine! Being thankful to all these ❤️
HI CLASSMATESSSSS
Very good and great 👍👌
I really love the way of explanation
1. Buyers
2. Suppliers
3. Substitutes
4. New Entrants
5. Existing Rivals
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