The Explainer: The 5 Forces That Make Companies Successful
Michael Porter’s theory has shaped a generation of academic research and business practice.
Understanding the competitive forces, and their underlying causes, reveals the roots of an industry’s current profitability while providing a framework for anticipating and influencing competition (and profitability) over time. A healthy industry structure should be as much a competitive concern to strategists as their company’s own position. Understanding industry structure is also essential to effective strategic positioning. Defending against the competitive forces and shaping them in a company’s favor are crucial to strategy.
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Пікірлер: 43
My assistant professor took about 30 minutes to explain it and still students at the end were like confused. And just my 3 minutes here, and I got a full picture.
@ravimsu2726
Жыл бұрын
kzread.info/dash/bejne/gX6Jw8yBYrK0iMY.html
@nyc354
Жыл бұрын
The age of FREE digital information has begun, no longer will we need to pay institutions $40K to learn and understand concepts like this. Take advantage before the BIG INSTITUTIONS catch on and START censoring FREE INFORMATION like this.
@sushantarora9501
7 ай бұрын
Which software or app has been used for editing; making this video
Harvard business, Harvard Law, Harvard medicine! Being thankful to all these ❤️
1. Buyers 2. Suppliers 3. Substitutes 4. New Entrants 5. Existing Rivals
@gracewillson1846
2 жыл бұрын
kzread.info/dash/bejne/fK2exNmmksfYZqQ.html
I really love the way of explanation
gorgeous explanation, I've watched countless videos before understanding this.
Thank you for that simple explanation. It helped me to grasp ideas for my upcoming presentation (About Porter's Model).
I was having a hard time retaining the information and understanding what this term means, but this video was so easy to understand! wow thanks. super simple and to the point
Amazing explanation! Thanks so much
Love this video! Super clear and good examples!
Thanks for brief knowledge ❤
Loved the explanation ❤
it's a great presentation and animation. it's memorable.
This is the best explanation you can get on Porter five forces. Thank you HBR ❤️
@davidpage411
2 жыл бұрын
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@ravimsu2726
Жыл бұрын
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@mkddh
7 ай бұрын
aree bain wala bande😯
Very good and great 👍👌
Wonderful explanation. thanks 👍🏻
Thank you👍
Excellent video - it would be nice if everyone followed your format.
what a perfect animation !
shawawt sa mga taga perps diyarn
Hi good day, may I ask you something ? Sources or Forces? What do you think?
@baoang2023
2 жыл бұрын
my guess, the dynamic structure of the industry
HI CLASSMATESSSSS
@dhruvilpatel6528
3 жыл бұрын
Hey to you 👍
@gracewillson1846
2 жыл бұрын
kzread.info/dash/bejne/fK2exNmmksfYZqQ.html
00:00 Competition is not about more sales or market share 00:15 Profitability depends on five competitive forces. 00:27 Price competition is fierce in the airline industry 00:40 Challenges faced in pricing by companies 00:57 Competition can come from unexpected sources 01:11 New airline reduces costs and disrupts competition 01:26 Airlines resort to extra fees to maintain profits 01:42 Understanding industry structures helps shape company's future
Its a freshing Explantation like sparkling water.
No way Harvard business just used clout unironically lmao
@just2genders668
5 ай бұрын
They will take literally any clout they can get outside of accepting white or Asian students above the quota.
@IrfanMohdtheexpectednot
4 ай бұрын
What's a clout?
heeyy