The Five Competitive Forces That Shape Strategy 2022

May 25, 2022

An Interview with Michael E. Porter, Professor, Harvard University. Porter’s five competitive forces is the basis for much of modern business strategy. Understand the framework and how to put it into practice.

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  1. can anyone provide me answer on this please? – Is it easier to change human resources to fit the corporate strategy as discussed by

    Michael Porter or change the corporate strategy to fit human resources

  2. Can someone explain what's attractive about the soft drinks industry? The buyers' power is strong, the substitutes threat is extremely high, and you compete with the f*ing Coca Cola and Pepsico. And if that's not enough, it is super easy to enter that market. It doesn't require much capital to start or any hard to acquire know-how.

  3. Excellent discussion on this topic! Thanks!

  4. How is the industry changing? Industry analysis is not static.

    Airlines actually have low barriers to entry. Can rent planes and lease gates . Worst profitability
    Soft drinks: the opposite

    Zero sum: customers get low price but no choice
    Positive sum: companies compete on diff attributes

  5. Excellent questions from the interviewer !

  6. Reply
    Civil Engineering BD TECH May 25, 2022 at 10:36 am

    Good Job

  7. Thank you for your advice sir

  8. Reply
    Aymane El Houdaigui May 25, 2022 at 10:36 am

    Thank you

  9. bruh UvA sends a video from YouTube as a prep for selection test. it's hilarious

    1. Rivalry among existing competitors
    2. Threat of new entrants
    3. Bargaining power of buyers
    4. Bargaining power of suppliers
    5. Threat of substitute products or suppliers

  11. Reply
    Nicole's Private Maison May 25, 2022 at 10:36 am

    who is here from the UVA test preparation? hahaha

  12. Awesome session with Prof. Micheal E. Porter. Porter's five Forces Model is a generalized model that can be applied to every sector in a micro and macro environment

  13. Hello from NDU!

  14. is it just me who didnt expect him to sound like that

  15. Reply
    Víctor Sánchez Ramírez May 25, 2022 at 10:36 am

    Well, you've heard the man himself. Go to the source, when possible.

  16. Marketing and strategy Guru ..Michael porter

  17. I came here to point out that there is a piece of us 7:39

  18. I use Porter 5 forces to analyze the price of stock for companies. It's a way to analyze quality and industry dominance of a company.

  19. 13 minutes and I've a clear picture before me. Cheers xo

  20. Is the model missing something? How about external factors? Like government policies? If you are doing international trades, tariff and trade embargo will massively impact the business/ industry.

  21. Harvard Business Review is lucky that one of the five forces isn't video quality or they'd be fucked

  22. Anybody else hear him say "have a lot of clout"?

  23. Reply
    Mizan Akhtar Khan May 25, 2022 at 10:36 am

    I was a 12 year old boy when Michael was interviewed in this video…and now I am in a B school trying to better understand business through this video. Thanks Michael for your timeless sharing of knowledge.

  24. new entrants, bargaining power of consumer, bargaining power of supplier, threat of substitutes,, rivalry among competitors

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