by adamkasi | Jun 6, 2017 | Porter Five Forces Theories
Michael Porter, who was a Harvard Business School Professor, as a result of his decades of research and teaching, developed a number of theoretical models on competitiveness. Porter Five Forces Models lays out the five forces that directly influence the...
by adamkasi | Jun 6, 2017 | Porter Five Forces Theories
Both Five Forces Model of Porter and PESTEL (Political, Economical, Social, Technological, Environmental and Legal) analysis are two very important analytical tools for businesses and aid companies in improving their industrial competitive position. Porter Five Forces...
by adamkasi | Jun 5, 2017 | Porter Five Forces Theories
Porter Five Forces Model and SWOT, both are analytical techniques applied by businesses to carry out strategic decision making. Both of these models define the position of the company in the market. Although both of these analyses attempt to explain the company’s...
by adamkasi | Jun 5, 2017 | Porter Five Forces Theories
Michael Porter gave his famous five force model in an article in the Harvard Business Review, when he was a young associate professor. The five forces model is a very simple yet very influential tool to determine where the control lies within a business or an...
by adamkasi | Jun 5, 2017 | Porter Five Forces Theories
The Porter Five Forces model was developed by Michael Porter in 1980 in his work titled “Competitive Strategy: Techniques for Analyzing Industries and Competitors”. Since its conception, the idea has been widely used for the evaluation of an industry’s structure for...