August 2025
Intermediate to advanced
312 pages
7h 33m
English
Credit for devising the most succinct and usable way to get a handle on the big picture has to be given to Michael E Porter, a professor at Harvard Business School. Porter determined that two factors above all influenced a business’s chances of making superior profits. First, there was the attractiveness or otherwise of the industry in which it primarily operated. Second, and in terms of an organization’s sphere of influence, more importantly, was how the business positioned itself within that industry.
Porter postulated that the five forces that drive competition in an industry have to be understood as part of the process of choosing which strategy to pursue. ...
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