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How to Use Porter’s 5 Forces to Assess Your Market

thoughtLEADERS, LLC

Identify your organization’s major threats and opportunities by assessing these five aspects of your market. As you begin your strategic planning process, it’s important to assess the market you’re competing in. A classic tool for doing so is Porter’s five forces. How do they behave?

Porter 46
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How Your Leadership Team Can Slow Down to Speed Up

The Practical Leader

An old fable tells of a farmer with a wagon brimming full of cabbage heading to a new market. He stops for directions and asks, “How far is it to the market?” For decades, Harvard professor Michael Porter has studied, written about, and consulted top companies and countries on competitive strategy.

Team 69
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Impressive Skills to Put on a Resume

HR Digest

Porter’s Five Forces. B2B Marketing. Innovation . Proposal writing . Task delegation . People management . Dealing with stress. Technological savviness. Six Sigma techniques. Data analysis. Web analytics. A/B Testing. Best Resume Tips. So you’re ready to write the resume of your dreams.

Skills 111
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New Year. New Leader.

Lead Change Blog

How do I lead my employees and serve them at the same time? Others may say that a leader’s focus needs to be on how to motivate productivity. How can we help the company reach the bottom line? And still others may say a leader must know how to inspire their employees. Would you like to meet my team? Ron Friedman, Ph.D. –

Porter 150
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Why Porter's Model No Longer Works

Harvard Business Review

These two key functions — Marketing and Service — are regularly discussed as shaped by social era dynamics. It will help us decide what we make, how much we make, and how we finance that production. While social media doesn't shift Porter's model , the social era surely does.

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Book Review: Ruthless Focus

LDRLB

So when Wally offered to send me a review copy of Ruthless Focus: How to Use Key Core Strategies to Grow Your Business , I was excited (and to be honest, flattered). When reading Ruthless Focus , the parallels to two authors develop immediately: Collins and Porter. Wally Bock is a fixture in the online leadership community.

Review 74
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Business Model Generation : Blog | Executive Coaching | CO2 Partners

CO2

The Empathy Map by XPLANE Design : How to build a business model around customer insights. Showing you how you can shift your perspective. It seems that they are adapting their work from Micheal Porters 5 forces. Then delving into questions like, how should your business model evolve in light of a changing environment?