Porter's 5 Forces EXPLAINED | B2U | Business To You
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- Опубликовано: 3 июн 2024
- In this episode of Business To You, Lars talks about Porter's Five Forces and how to use it properly with the aid of some examples from the airline industry. The Five Forces model is a framework that helps assessing the industry attractiveness through the relationship between competition and profitability. The five forces are: rivalry among existing competitors, threat of new entrants, threat of substitute products, bargaining power of suppliers and bargaining power of buyers. Together these forces form a great overview of the task environment.
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Lars de Bruin ( / larsdebruin ) graduated as Master of Science (MSc.) in Strategic Management from the Rotterdam School of Management, Erasmus University. In addition he has studied business around the world at universities such as UC Berkeley, Harvard, Universitat Pompeu Fabra, London School of Economics, Radboud University and the Chinese University of Hong Kong. Lars has a special interest in strategic M&A and is a licensed Business Valuator in the Netherlands.
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You saved my university life. Peace on you bro
Thank you so much for this video. I study at one of the best business schools in the UK and I can confidently say your explanation is far better than my lecturer's
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Your explanation has given me a better understanding of the portal 5 force model
The way you explain this 5 Force is FAR MORE BETTER than my lecturer in uni. Thank you!
Bioengineering student learning here
I'm really impressed how you have explained the five forces. The examples provided and the way you have connected each of the forces to generate a full picture of competitive rivary is great. thanks!
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Brilliant presentation Uncle Lars. This is my first time of understanding Porters Five Forces in more than 10 years.
Lars, this presentation made a significant shift in my understanding for my Executive MBA program. Well done Sir, keep up the excellent work, I have subscribed.
Thank you mate, that was helpful, I didn't expect to see this simple and effective explanation , a new follower is here .
By miles the best explanation so far, I would have paid a fee for this!! Thank you. Regards from London
Wow...I have struggled for so long to understand this concept, but today you have made it so easy for me. Thank you.
concepts are well organized and the explanation are super clear! You have just saved me for my midtherm tomorrow, thanks!
Awesome! I love how it shapes over time. Lars, you are super sharp. Thank you.
You are a rockstar. You've helped me complete 5 of my business strategy papers after listening to your explanations. You are clear and concise. You don't try to speak up in the clouds. I appreciate you.
Thanks bro, it’s one of a kind lesson. Even though I’ve read numerous books and articles about porter forces, I’ve never understood them until I watched your video. Keep going, u’re brilliant !
Does it mean Porter's five forces belong under market environment?
Yes. I totally agree! In 15 minutes he makes the whole concept of Porters 5 forces as clear as a bell!
Big greetings from Germany to you dutch neighbor. I have an engineering related background but i totally understood every single point presented in this video. Big thumbs up and keep up this good work
Wow! This is an amazing presentation of Porter's 5 Forces. Brilliantly explained, which is clear and easy to understand with excellent examples. Many thanks for this amazing video!
Appreciate this explanation. I am taking up Strategic Analysis course and this is one way to fully understand it. The visuals of profit and cost really helped.
Your presentations are excellent. Thank you, i use them a lot as additional material for my Strategic marketing in Hospitality and Tourism Class
Very brilliant presentation. Clear, simplify, and comprehensive, This guy is mine Michael Porter!
Believe it or not, your material is helping me a lot for my SHRM certification exam! thanks a lot!!
Thank you for this. Helps me get excited for macro n micro once again. Uni has been tough. Its been overwhelming and u have explained this so well. may God bless u!
Omg. Where have you been whole my study period. That´s amazing! Thank you :)
Hi
I'm new to business concepts and so grateful for your channel. Economics was not my cup of tea back in high school but you make it interesting and easy to understand. Thank you Lars!
Excellent presentation. I appreciate you simplifying the complex ideas I found in the book. Very helpful. I'm wondering where you have been during my Strategic Mgt Class, I can't understand my professor lmao. Thank you!
You make this very easy to understand in a small amount of time . Thank you so much
great explanation, simple and clear. Thanks a lot iLars. Your explanations greatly helped me understand the 5 forces of competition...cheers!
Wonderful presentation. Very useful for my current assignment in my MBA Business Strategy class. Thank you!
You are an absolutely amazing tutor! Well done 👍
I really don't find much words can explain my appreciation to your channel that facilitating and smoothing such as those complexed topics ,,,,,,,,,
Really Thanks you from heart
Thank you sir, my understanding of the five forces is now crystal clear!
Wow, as layman in the field, I have managed to understand a lot that i could never easily learn from the books .
God bless you !! keep up the good work. sending you likes from Africa, and definitely subscribing on your channel
You are great tutor
Thank you for your explanation, my business in construction sector and i found you airlines study case really beneficial for me to dig deeper in my industry
I am doing MBA and you explained this better than my course instructor
Very nicely explained. With airline industry as an example, it became more simpler to corelate.
well presented and easy. I would love hearing you on the podcast!
⁹
This is really helpful during my revision, thank you!
By far the best video about 5 forces. Thanks!
Great explanation!!!! Finally I got the concept! You make it simple and easy! Thanks ;)
Excellent video Lars, helped me understand and draft my assignment, thank you!
What an in-depth analysis! well drilled. Good job man
Thanks so much! Will have a business management exam in a few weeks and this helped a ton, especially thanks to the practical examples!
I never watched such long videos, but this one is worth it: very well explained! Thank you!
How is 16 minutes considered long 😅
You're a great communicator. Thank you for this video!
Absolutely brilliant! This will help me with my next ACCA exam a lot! Thank you!
That's great to hear Richard! Good luck with your ACCA exam!
I just discovered your channel and iam so much impressed on how you cover topics. thanks alot!!
ooh wow
i can't thank you enough Brother LARS DE BRUIN
You've saved a soul , by answering all my assignment questions.
keep going
A very good & clear teaching. Excellent! Please keep sharing.
Lars your explanation was excellent and very helpful to me for my assignment thanks a million
Thank you for this! It made me understand our topic in class clearly. :)
Thank you so much. This is so concise and well explained plus giving examples helps me understand more… Keep it up!
Love the way you explain the video. It is very clear and understandable.
Hello, thank you for sharing this amazing well articulated and mind shifting explanation on Porter's five forces framework. This is one of the best videos so far on this framework. Please can you share knowledge on VRIO model as well using airline industry.
I have an exam tomorrow and you have helped me learn with ease. Thankyou so much. 💜😊
Excellent!! Thanks a lot well explained I needed just a quick explanation but ended up getting much more.
Great simplified presentation and easy to understand
Your explanation is so helpful! Thank you very much for this video!
Very well explained seriously my concepts are clear now.. Good job!
Very informative and easy to understand! Thank you!
Brilliant. Best breakdown of Porters so far. Loved you PESTLE too. I am trying now to form a marketing strategy so thanks.
Thanks for the support Thomas! I wish you good luck with your marketing strategy!
KIND OF A COINCIDECE BUT IM WRT\ITING A TEST TOMORROW AND WE HAVE A CASE STUDY ABOUT AIRFIELD (OBVISIOSLY IN THE AIRLINE INDUSTRY) AND THIS HELPED QUITE ALOT! THANK YOU!
You did an excellent job. Keep it up. Very very helpful.
Sir you did it once again! What an awesome video and great way of explaining such a complicated framework. You are much better than my professor ;) Looking forward to your next video!
I feel the same. Very well explained
Informative and easy to understand.
It is very helpful 👍 thanks Mr.
You just made this topic simpler. Thanks 🙏🏿
Came in clutch for the assignment I'm working on right now!
Very impressive presentation that make us understand more easier. Thank you.
Thanks for such a nice explanation!
Can you make a video content on the differences between event marketing and experiential marketing?
This topic came in handy, vital to my Strategic Financial Management Assessment, MBA MS Health Services. thanks man
Well done! You are an excellent teacher and the teaching is well understood. Thank you.
a very helpful presentation, easy to understand how porter's five forces are interrelated.
Wow this is one of great business strategy educational channel. It’s very clear easy to understand and precisely in to content. Presentation excellent!!
Hi I am umesh das from Nepal 🇳🇵
I watch your video daily and I understood everything what you say about subject in different units. Thank you sir your technical knowledge is so high .
This video is much clearer. Thank you for this!
Simple and nice. Thank you. Great video.
The class assignment became easy because of your excellent explanation. Thank you so much, friend! :)
An absolute amazing teacher
Appreciate you effort and reasoning. Keep it Up.
Thank you so much , At least I'm able to explain all the five forces
Amazing Explanation with great example 👏
Impressive! Well presented. You guys are more than clever 😊
Thank you for this video, your explanation is second to none.
Wow you explained this better than my uni professor! Grazie mille! You are also very handsome :)
1st time listening to you, I enjoyed your video & learned greatly. Thank you, this is really insightful👏
Great explanation! I appreciate your videos!
Your presentations are excellent ! Thanks
This was a fantastic video! Thank you very much
this is really useful! please making more of it!
very well deserved thumbs up, learned more from this video tha at a 2 hours lesson in uni...
You saved my coursework thank you 🙏🏼
thankyou so much , this is really helped us , wonderfull presentation ,and i hope u will never stop.
This has been very helpful. Thank you.
thank you sir. I appreciate the way you explained everything. profit and loss concept helped alot.
I'm really impressed by your explanation 👍
Thank you so very much, it was so useful, and I couldn't understand it better .
This has being helpful great job. Thanks for sharing your knowledge with me. And more win for you
Excellent Explanation!!
Well described. Tq so much from Nepal 🇳🇵
This was super helpful. Thank you so much :)
Great!!! You helped me to catch up with my assignment and this was bothering me for some time
This has been very helpful, thank you