THOUGHT FOR THE DAY

Movies

“In feature films the director is God; in documentary films God is the director."

Alfred Hitchcock

TOPIC OF THE DAY

Competitive Position

Michael Porter's famous Five Forces of Competitive Position model provides a simple perspective for assessing and analysing the competitive strength and position of a corporation or business organization.

Porter's five forces

1. Existing competitive rivalry between suppliers
2. Threat of new market entrants
3. Bargaining power of buyers
4. Power of suppliers
5. Threat of substitute products (including technology change)


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LATEST ARRIVALS

Beating the commodity trap: how to maximize your competitive position and increase your pricing power by Richard A. D'Aveni