Porter Five Forces

Business & Economics - Porter Five Forces - 11 slides

Explore Porter Five Forces, covering The lecture introduces Porter's Five Forces Framework, a model created by Michael E. Porter in 1979 to evaluate.

Topics Covered

  • Introduction to Porter's Five Forces
  • Understanding Industry Structure in Competitive Analysis
  • Force 1: Supplier Power
  • Force 2: Buyer Power
  • Force 3: Threat of New Entrants
  • Force 4: Threat of Substitutes
  • Force 5: Competitive Rivalry
  • Interdependence of the Five Forces
  • Applications of Porter's Five Forces in Strategic Planning
  • Criticism and Limitations of Porter's Five Forces
  • Conclusion: Synthesis of Porter's Five Forces

References

  • Porter, M.E. (1979) 'How competitive forces shape strategy', Harvard Business Review, March/April, pp. 137-145.
  • Grant, R.M. (2021) Contemporary Strategy Analysis. 11th edn. Hoboken: Wiley.
  • Porter, M.E. (1980) Competitive Strategy: Techniques for Analyzing Industries and Competitors. New York: Free Press.
  • Hill, C.W.L., Jones, G.R. and Schilling, M.A. (2020) Strategic Management: Theory. Boston: Cengage.
  • Slack, N., Brandon-Jones, A., and Burgess, N. (2022) Operations and Process Management. 6th edn. Pearson.
  • Porter, M.E. (1985) Competitive Advantage: Creating and Sustaining Superior Performance. New York: Free Press.
  • Porter, M.E. (1979) 'How competitive forces shape strategy', Harvard Business Review, 57(2), pp. 137–145.
  • Kotler, P. and Keller, K.L. (2016) Marketing Management. 15th edn. Harlow: Pearson Education.
  • Shapiro, C. and Varian, H.R. (1999) Information Rules: A Strategic Guide to the Network Economy. Boston: Harvard Business School Press.
  • Christensen, C.M. (1997) The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail. Boston: Harvard Business School Press.
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