Porters Five Forces Model

Porter’s Five Forces Model: Can It Really Help You Better Understand Your Industry?

As a business leader, knowing your industry inside and out is critical to finding ways to dominate the market. Fortunately, there are a few strategies that can help you perform this type of in-depth analysis. One that is relatively well-known is the SWOT analysis. This acronym stands for strengths, weaknesses, opportunities, and threats – four areas that, when analyzed in … [Read more...]