How does Information Technology alter Porter's 5 Forces

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Five Forces (Porter) | Five Forces Analysis > Best Practices > How does Information Technology alter Porter's 5 Forces

How does Information Technology alter Porter's 5 Forces
Thabiso B Chele
How does Information Technology alter each of the five competitive forces in Porter's five forces model?
 

 
How does Information Technology alter Porter's 5 Forces
Emmanuel Duru
It may affect Porter's 5 Forces but not totally, considering that there are inherent factors which cannot be manipulated digitally. Any outcome will be an assumption; which may not be absolute. So, it takes a lot of understanding of the environment for which the 5 forces model is applied.
 

 
The dynamics of the forces may be changed
Hemant Johri
The 5 competitive fundamental forces do not change with IT. They remain the same. However: IT may change the dynamics of these forces. What IT does is listed below:
1. It can make information available at higher speed.
2. As a tool it provides speed and accuracy in preparation, processing and analysis of available data.
3. When applied in an industry it can lead to transformation or innovation of processes. This may provide competitive advantage to the firm either in terms of cost reduction or by disruptive innovation.
 

   

 
Add Stakeholders Concept
carlos medina turon
 

   

   

   

 
The Porter Model and IT Strategy
John D. Ramos, Senior Financial/Business Analyst, United States, Member
 

 
Found no Impact of IT on 5F
Harsh Vardhan, Strategy Consultant, India, Member
 

     

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