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Cited by 275

The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.

Rethinking and reinventing Michael Porter's five forces model

Grundy, Tony·2006·Strategic Change

Abstract

Michael Porter's five competitive forces model has been a most influential model within business schools but has perhaps had less appeal to the practising manager outside of an MBA and certain short business school courses. In this article it is argued that whilst there are a number of reasons why the model has not achieved greater currency, most importantly it can be developed a lot further. The paper looks at a number of important opportunities for using Porter's model in an even more practical way, including: mapping the competitive forces, which can vary significantly over market and competitive terrain and within the same industry; understanding its dynamics; prioritizing the forces; doing macro analysis of the sub-drivers of each of the five forces; exploring key interdependencies, both between and within each force. Copyright © 2006 John Wiley & Sons, Ltd.

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Metadata

Authors
Grundy, T.
Venue
Strategic Change
Publisher
Wiley
Published
2006
Volume
15
Issue
5
Pages
213-229
ISSN
  • 1086-1718 (ISSN-L)
  • 1099-1697
OpenAlex
W2166592626
Cited by
275
References
1
FWCI
5.58
Type
journal article
Language
en
Open access
closed

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