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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 are they distributed by market share?

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Michael Porter on Strategy Execution

Six Disciplines

Porter, director of Harvard's Institute for Strategy and Competitiveness. Porter's insights on strategy and execution? Managers need to develop a clear strategy around their company's unique place in the market (and not worry as much about creating strategy to compete head-on with other companies.).

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Does a Mentor have to Breathe?

In the CEO Afterlife

The latest thinking from the great strategists of the era – Michael Porter, Henry Ginsberg, Rosabeth Kanter, John Kotter. I came up through marketing; quite honestly, during my years in marketing I hadn’t given much thought to HR. Here are the benefits I garnered from a decade of prolific reading: 1. Strategy.

Mentor 228
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Feed the Startup Beast: A book review by Bob Morris

First Friday Book Synopsis

Feed the Startup Beast: A 7-Step Guide to Big, Hairy, Outrageous Sales Growth Drew Williams and Jonathan Verney McGraw-Hill (2013) How and why “the smallest market efforts can produce outsized sales results if you focus on the right issues” The observation by Drew Williams and Jonathan Verney that I include in the title of this […]. (..)

BHAG 80
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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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What's On Your Stop-Doing List

Six Disciplines

According to Michael Porter, the essence of strategy is deciding what not to do. If your organization doesn't develop the discipline to do this, our wonderful free market system will. BusinessWeek published an article " Are You Losing Control of Your Business? " in which it advised: "No. 1 on your to-do list? Make a "stop doing" list".

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