The Five Competitive Forces That Shape Strategy
Economy | Information | History | Online | Facts | World | Global | Money
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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This shit is just common knowledge if you need to resort to it.
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Sure, you can profit from the inconveniences your business itself creates by offering features to customers who pay to get around them. My cat does that with the ball she plays with. The computer industry does that and the airline industry does that. Its just fundamentally dishonest, but dishonesty is inherent in being successful in business if only because you've stolen jobs away your competitors families and food from their tables to pay executives golden parachutes like Carrier did. Competition should be shameful but ignoring shame is a skill in itself. Like what George Burns said about sincerity can be said for ignoring shame.
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So the guy's still alive... damn you genius. The five forces are really useful
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Good, we take many information to incorporate during our MBA programmed
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محد طشرنا غيرك بالامتحان
يا بورتر -
Drucker's face was the tease. shame on u
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Hello from Management & Org. Class :)
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Hello from Management & Org. Class 🤑
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Nice video - If you love vlogs then you should subscribe to my channel!
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CPA squad checking in
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ICADE me trajo aquí
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Excellent video that clarifies application of the five forces in real business environment.
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thank you very much for all information. I need how to overtake the best competitors on the global insurance market.
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Anyone knows the related article that they are talking about?
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great questions
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Hi Furman
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Management class!!!
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This was for my management class :D
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A nice video of Michael Porter's Five Competitive Forces, it is beneficial to increasing the knowledge about strategy.
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A great video which explains the basics of this model quite comprehensively. Although this framework is really robust in many cases, it does fail when a disruptive innovation comes into play. When applying this model a consultant or marketing manager should not only take the current substitutions of the market but should also be aware of disruptive innovations coming from new markets. This mistake has led to many MNE's repelling a certain business area because of their unawareness of developments in other industries.
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