Basis of Five Forces Strategies

Five Forces (Porter) | Five Forces Analysis
Knowledge Center

Best Practices

Sign up

Bomo Albert-Oguara
Manager, Nigeria

Basis of Five Forces Strategies

The five forces theory looks at strategy formulation from the industry(macro) perspective. The theory is hinged on the concept that different competitive activities of players in the industry impact an individual company's performance. However the literature is replete with studies of alternative views of industry rivalry. The resource based view (RBV), blue ocean strategy and others are based on the view that individual performances driven by core capabilities and skills and other assets internal to it can create competitive advantage for the company. By the same token, individual companies using these capabilities can outperform rivals even when the industry generally is lagging. Using the five forces theory is therefore dependent on whether the case actually demands that you use it. In which case you will need to analyse the industry (buyers, suppliers, rival firms and so on) that interface with the firm and are likely to affect its success and ability to compete with rivals.

Start a new forum topic

 

More on Five Forces (Porter) | Five Forces Analysis
Summary
Forum
Evolution in Our Expectations of Business and Porter's Model
There are More than Porter's 5 Forces!
How to Deal with Competitors in Five Forces Analysis?
The Conclusion based on the Five Forces Model
The New Industrial Economics School
Why Porter's Monitor Consulting Company Failed
Does Competition Increase the Need for Segmentation?
🔥Porter's 5 Forces Framework in Non-competitive Situations?
Who is the Buyer in the Internet Industry?
Five Forces in Accounting Services Industry
Best Practices
Assumptions of the Five Forces model
5 Forces in the public sector
Apple Inc. and 5 Forces
5 Forces in Emerging Industries
Government as 6th Force in Porter's Five Forces
MEDIA as the 7th Force in Porter's Five Forces
Industry Analysis model
5 forces and supplier marketing
Porter's Five Forces is Excellent Tool
Basis of Five Forces Strategies
Substitution in the Five Forces Model
Business Networking: Forces are Getting Connected
How does Information Technology alter Porter's 5 Forces
Bargaining Power of Buyers. Examples
5 Forces Model Limitations
Porter 5 Forces and E-Commerce
Measuring / Calculating the Five Forces of Porter?
Special Interest Group

Are you interested in Five Forces (Porter) | Five Forces Analysis? Sign up for free

Notify your students

Copy this into your study materials:

and add a hyperlink to:

Link to this discussion

Copy this HTML code to your web site:

Five Forces (Porter) | Five Forces Analysis
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2021 12manage - The Executive Fast Track. V15.8 - Last updated: 18-4-2021. All names of their owners.