The Five Competitive Forces That Shape Strategy
3,114,952
Published 2008-06-30
All Comments (21)
-
Who is also here because of uni?
-
(F1) Bargaining power of customers. (F2) bargaining power of suppliers. (F3) Threat of new entrants. (F4) Threat of substitutes. (F5) Rivalry among competitors
-
He designed the whole strategy framework which all the world business' are using and he just finishes his speech with " we keep learning" Damn it!
-
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.
-
The world will always recognize you and your contributions in this field. You merit the title of Professor.
-
I read three of his books. makes you want to put a bullet in your brain from boredom but they teach a lot.
-
I pour concrete for a living and even I found this extremely useful.
-
One of the great minds in Business. Clear, concise and relevant to todays practices.
-
Whoever is Dr. Allen Oyama strategist should listen to this video. I'm here because I was reading IT management courses, the use of IT as a means of competitive advantage in business. Basically, strategic analysis using the SWOT techniques.
-
I love that I don't have to pay harvard prices to get such great instruction.
-
Michael Porter is a great gift to the business community.
-
Man, knowing to articulate in such a graphic and yet precise manner is a hell of a trait. Makes it really interesting to listen to this.
-
So the guy's still alive... damn you genius. The five forces are really useful
-
I have his two books - Competitive Strategies and Competitive Advantage... very useful in my life in business. Unfortunately, my senior managers and company owners don't read these types of books, so there goes the business that they manage.
-
The article being mentioned here is actually the 3 assigned reading in my Strategy course for the Executive MBA program - 10 years after it was published. I think Porter knows his stuff!
-
What a profound session on real business world scenarios, times are changing but fundamentals are the key to progression 5 Forces are those factors.
-
This points out that it is important to look at the impact these forces have on margins, which often gets lower scrutiny than direct competitors who impact sales. A business needs to think about all of these forces because they all make an important contribution to profits or, if managed poorly, losses.
-
Porter 5 forces tool is the most use tool for industry analysis. Great to have a genuis like Porter in academic.
-
The man is an intelligent genius alive today !
-
"purpose of strategy is alignment" - love it!
