Porter's Five Forces Framework

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Abstract

Figure 1: Porter's Five Forces Framework. Own creation based on Porter's Five Forces publication. [1]

The competitive forces model, better known as Porter’s Five Forces, is a method used in industrial economics (IO) for analysing the competition in the operating environment of a company. Porter’s Five Forces Framework was published in Harvard Business Review by Michael E. Porter of Harvard University in 1979. [1] Porter developed the model in response to the widely used SWOT analysis, which was considered too rigor and ad hoc. Cite error: Closing </ref> missing for <ref> tag [2]

  1. ↑ 1.0 1.1 Cite error: Invalid <ref> tag; no text was provided for refs named R1
  2. ↑ Porter, M.E, Argyres, N., & McGahan, A. M. (2002). An Interview with Michael Porter. The Academy of Management Executive (1993-2005), 16(2), 43–52.
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