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Michael Porters Five Forces. INTRODUCTION Five Forces Affecting Competitive
Strategy Harvard Business School Professor Michael Porter ...
tesco a case study. Tesco structure > Porters five forces at Tesco PLC Porters five
forces at Tesco PLC Porters five forces are named after Michael Porter. ...
... ???« High stakes. ???« High exit barriers (Porter, Michael E., Competitive Strategy).
2.2 Evaluation of Porter¡¦s Five Forces Porters five forces, as a ...
... Five Competitive Forces was developed by Michael E. Porter ... Porters model is based
on the insight that ... Porter has identified five competitive forces that shape ...
... given environment. Porters Five Forces: The Five forces is a model created
by Michael E. Porter of Harvard Business in 1979. The ...
Submitted by etheloke on June 23, 2008
Category: Social Issues
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INTRODUCTION
Five Forces Affecting Competitive Strategy
Harvard Business School Professor Michael Porter is the undisputed guru of competitive strategy. In his book of that name Porter identifies five forces that drive competition within an industry:
One obvious application of all this is to would-be entrants and the problem of entering new markets. Another is to the current competitors and the ongoing task of staying competitive in markets where they already operate.
Diagram of Porter's 5 Forces
SUPPLIER POWER
Supplier concentration
Importance of volume to supplier
Differentiation of inputs
Impact of inputs on cost or differentiation
Switching costs of firms in the industry
Presence of substitute inputs
Threat of forward integration
Cost relative to total purchases in industry
BARRIERS
TO ENTRY
Absolute cost advantages
Proprietary learning curve
Access to inputs
Government policy
Economies of scale
Capital requirements
Brand identity
Switching costs
Access to distribution
Expected retaliation
Proprietary products
THREAT OF
SUBSTITUTES
-Switching costs
-Buyer inclination to
substitute
-Price-performance
trade-off of substitutes
BUYER POWER
Bargaining leverage
Buyer volume
Buyer information
Brand identity
Price sensitivity
Threat of backward integration
Product differentiation
Buyer concentration vs. industry
Substitutes available
Buyers' incentives DEGREE OF RIVALRY
-Exit barriers
-Industry concentration
-Fixed costs/Value added
-Industry growth
-Intermittent overcapacity
-Product differences
-Switching costs
-Brand identity
-Diversity of...
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