How does Information Technology alter Porter's 5 Forces




Five Forces (Porter) | Five Forces Analysis
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Thabiso B Chele, South Africa

How does Information Technology alter Porter's 5 Forces

How does Information Technology alter each of the five competitive forces in Porter's five forces model?
 

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1
Emmanuel Duru, Nigeria
 

How does Information Technology alter Porter's 5 Forces

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.

 
1
Hemant Johri, India
 

The dynamics of the forces may be changed

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.

 
3
Jimish Shah, India
 

4 ways in which IT alters Porter's 5 Forces

1. IT may increase the buyers bargaining power as information of substitutes and prices are easily a... Sign up

 
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carlos medina turon, Mexico
 

Add Stakeholders Concept

I recommend to review the concept "STAKEHOLDERS" besides the 5 Forces once you have to ask for oppor... Sign up

 
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MENSUR, Albania
 

The validy of Information Technology

I think that IT can influence all of the five forces but we must be careful about information how su... Sign up

 
0
Muder Chiba, India
 

Information Arbitrage

Essentially, the same points that the other are making... It would affect decision-making using the ... Sign up

 
2
Kwame Yeboah, Ghana
 

IT does alter Porter's 5 Forces

Which ever way one looks at it, IT DOES alter the 5 forces (compared to the traditional forms in whi... Sign up

 
0
John D. Ramos, United States
 

The Porter Model and IT Strategy

The Porter forces are inherent in the 21st century - it's no longer enough to attempt to align infor... Sign up

 
1
Harsh Vardhan
Strategy Consultant, India
 

Found no Impact of IT on 5F

Having worked through several clients as a strategy consultant I was consciously looking at the Inte... Sign up

 
2
Jaap de Jonge
Editor, Netherlands
 

Impact of the Internet on the 5 Forces

See the expert tip "Influence of Internet" for a summary of Porter's own view on this important issu... Sign up

   

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