The Explainer: The 5 Forces That Make Companies Successful

Michael Porter’s theory has shaped a generation of academic research and business practice.
Understanding the competitive forces, and their underlying causes, reveals the roots of an industry’s current profitability while providing a framework for anticipating and influencing competition (and profitability) over time. A healthy industry structure should be as much a competitive concern to strategists as their company’s own position. Understanding industry structure is also essential to effective strategic positioning. Defending against the competitive forces and shaping them in a company’s favor are crucial to strategy.
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[@j.g.s.njayarathna1154]

Harvard business, Harvard Law, Harvard medicine! Being thankful to all these ❤️

[@hsetiono]

1. Buyers
2. Suppliers
3. Substitutes
4. New Entrants
5. Existing Rivals

[@gracewillson1846]

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[@shrah7804]

gorgeous explanation, I've watched countless videos before understanding this.

[@sovath1468]

I really love the way of explanation

[@wajdF]

My assistant professor took about 30 minutes to explain it and still students at the end were like confused. And just my 3 minutes here, and I got a full picture.

[@ravimsu2726]

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[@nyc354]

The age of FREE digital information has begun, no longer will we need to pay institutions $40K to learn and understand concepts like this. Take advantage before the BIG INSTITUTIONS catch on and START censoring FREE INFORMATION like this.

[@sushantarora9501]

Which software or app has been used for editing; making this video

[@gabriellejoson7429]

Thank you for that simple explanation. It helped me to grasp ideas for my upcoming presentation (About Porter's Model).

[@chalondajackson9052]

I was having a hard time retaining the information and understanding what this term means, but this video was so easy to understand! wow thanks. super simple and to the point

[@chrisromo9998]

Amazing explanation! Thanks so much

[@yusufbas035]

it's a great presentation and animation.
it's memorable.

[@bluedreamy2110]

Love this video! Super clear and good examples!

[@mgr001]

Excellent video - it would be nice if everyone followed your format.

[@kalptaruagarwal1777]

This is the best explanation you can get on Porter five forces. Thank you HBR ❤️

[@davidpage411]

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[@ravimsu2726]

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[@mkddh]

aree bain wala bande😯

[@sushantarora9501]

Thanks for brief knowledge ❤

[@nishasati2171]

Loved the explanation ❤

[@meetsoni5629]

Wonderful explanation. thanks 👍🏻

[@dhruvilpatel6528]

Very good and great 👍👌

[@nosporai]

what a perfect animation !

[@prabhakarganesan6341]

Thank you👍

[@sandrareteracion5908]

shawawt sa mga taga perps diyarn

[@tecsonrhoyancheta9107]

Hi good day, may I ask you something ? Sources or Forces? What do you think?

[@baoang2023]

my guess, the dynamic structure of the industry

[@tinpalomino8607]

HI CLASSMATESSSSS

[@dhruvilpatel6528]

Hey to you 👍

[@gracewillson1846]

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[@magdalinkanavalli7964]

00:00 Competition is not about more sales or market share
00:15 Profitability depends on five competitive forces.
00:27 Price competition is fierce in the airline industry
00:40 Challenges faced in pricing by companies
00:57 Competition can come from unexpected sources
01:11 New airline reduces costs and disrupts competition
01:26 Airlines resort to extra fees to maintain profits
01:42 Understanding industry structures helps shape company's future

[@levipurdue4474]

No way Harvard business just used clout unironically lmao

[@just2genders668]

They will take literally any clout they can get outside of accepting white or Asian students above the quota.

[@IrfanMohdtheexpectednot]

What's a clout?