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Measuring / Calculating the Five Forces of Porter?
Mrinal Ghosh, Business Consultant, India, Member
Hi, can somebody help me how to calculate the co-efficients for each of the five forces. I understand all of the 5 forces might not be having the same weight. Also it would differ by industry....
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Calculating the Forces
Agustin Cosso Leskovar, Student (University), Argentina, Member In order for this analysis tool to be effective, you may want to consider a few aspects:
A) In order to solve any optimization problem you need t... |
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Calculating Porter's 5 Forces
Anil Kshatriya, Professor, India, Member Porter's five force model is more of a tool to understand factors that affect competition. It is ordinal and not cardinal in nature. In its tru... |
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@ Anil Kshatriya
Mrinal Ghosh, Business Consultant, India, Member Hi Anil, why do you feel that they are ordinal in nature and not cardinal. I see a similarity between these and the |
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@Mrinal
Anil Kshatriya, Professor, India, Member Why not. It can be extended to logic of the GE Matrix. I only have one apprehension that we might get caught in the loop of proving dominant strategie... |
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Sub Parameters
Mrinal Ghosh, Business Consultant, India, Member With due regards, though it is a mixed game, I guess the coefficients can be calculated by considering some of the main forces and their sub parame... |
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Hurdles Too Strong to Calculate
Jagdish B Acharya, Consultant, India, Premium Member Though we like the idea of calculation, everything cannot be calculated, because:
1. The company is in a dynamic situation and no static f... |
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Sub Parameters
Agustin Cosso Leskovar, Student (University), Argentina, Member Mrinal, I have made some research in my math books here at home. I think there is a way to determine the future impact of a chain of events by conside... |
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Historical Data
Mrinal Ghosh, Business Consultant, India, Member Yes, also we can have a look at the historical data to analyse how the markets have behaved in these situation. For example if we take the US a... |
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Garman-Kohlgane
Agustin Cosso Leskovar, Student (University), Argentina, Member HD Sharma, with the GK formula you shouldn't have to do any qualitatively interpretation, you just have to adjust the variables to fit the information... |
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Many Variables
Umesh, Project Manager, Sultanate of Oman, Member When variables are many, analysis becomes complicated, even when data is available. So 5 force analysis is a tool which can give you some idea about t... |
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The Model is Non-numerical in Nature
Hans Joergen Pedersen Until I come across a very advanced micro econometric model (i.e. a book on the subject), I take the view that Porters five forces is more a mind map ... |
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Five Fources Measures
JOSE DELGADO, ACCOUNTANT, Mexico, Member In my personal point of view, I think it should be fantastic to use algorithms and formulas to predict business but nowadays it is very difficult and ... |
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Calulating Forces by Social Engineering
Parvez, Manager, Mauritius, Member I believe these statistical tools are important but we should favor social engineering also (finding information about the reality or trends vi... |
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