Porters 5 Forces ( Tool )
$0.00
Template Type:
- Analytics
- Barriers
- Business Reviews
- Business Intelligence
- Competitive Intelligence
- Strategic Analysis
Categories:
- Strategic Tool
License:
User License Agreement
Reference Number:
6000-6003
Description:
Porter's Five Forces Framework is a method for analysing the competition of a business. It draws from industrial organization (IO) economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness (or lack thereof) of an industry in terms of its profitability. An "unattractive" industry is one in which the effect of these five forces reduces overall profitability.The most unattractive industry would be one approaching "pure competition", in which available profits for all firms are driven to normal profit levels. The five-forces perspective is associated with its originator, Michael E. Porter of Harvard University
Porter's five forces include three forces from 'horizontal' competition – the threat of substitute products or services, the threat of established rivals, and the threat of new entrants – and two others from 'vertical' competition – the bargaining power of suppliers and the bargaining power of customers.
How will this tool benefit you?
Key Benefits
- Ready to use formats and classifications.
- Save 3 hours on formatting, fixing, and alignment /sandboxing time.
- Saves many hours of understanding what is needed, use our well-rounded expertise and experience
- Saves many hours searching for comphrensive information.
- The tool allows you to set up key descriptors and assign data for strategic alignment which allows you to clarify your strategy and achievements on an ongoing basis.
