find a way or make your own
Elements Porter’s Five Forces: Threat of new entrants: Economies of scale, Product differentiation, Capital requirements, Switching cost, Access to distribution channel, Cost advantage independent of scale. Bargaining power of suppliers:…
Elements of Competitive Analysis Strategic Groups: Adapt to: geography/vertical integration – price/quality – differentiation/low cost etc. Principle: Selecting and grouping competitors by key differentiation parameters Issues: Management judgement of parameters…
Elements of Competitor Strategy Analysis: Competitor objectives, strategy, assumptions and capabilities Principle: Key competitor strategic analysis Issues: Uncertainty of rapid changing future – Increasing organisational empowerment (fluid organisations and strategy)…