Talk:Porter 5 forces analysis

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Since 1979 Porter's 5 forces analysis has been wildy criticized.

Sceptics claim that Porter's model no longer holds stand in todays dynamic economy.

Is the model still a viable tool for strategic analysis?

That is a good question. Many claim that any external based strategy is ineffective. The way I view it is that Porters system is useful as one of many approaches to strategy. (see the strategic management article for an overview of various strategies used today). I agree with the critics however that the dependence on analytical and positioning techniques by themselves (as was done in the 1980s) is no longer good enough. mydogategodshat 16:26, 9 Nov 2004 (UTC)

[edit] Expansion

The expanded text now at Five forces/temp was a good attempt to expand the article, since discussion of the details of each force would be useful. However, much of the information contained in it was incorrect. Perhaps we could rewrite and then add it back? --Goodoldpolonius2 20:41, 18 July 2005 (UTC)

I agree with your assessment. I merged the material because I wanted to eliminate the extra article. I was going to modify it as I merged it, but decided it was too much of a task to do right now. mydogategodshat 21:24, 18 July 2005 (UTC)

[edit] The 6th force

There seems to be some confusion as to what the 6th force is. Having used the model just for a year, I did not encounter it in my literature so I cannot help. _└^VodkaJazz/_talk^┐ 23:30, 22 April 2006 (UTC)

The 6th force is sometimes referred to as 'government regulation'. Firms can take advantage of this by maximising any new technology they have to petition governments to install regulations that favour them (or rather their new technology). EG - low emissions diesel engine.

It links in with VRIN resource theory (Barney 91) and is one way of making rare resources in a firm valuable (thus developing 2 of the VRIN facets).

Richard Brooks MK 19:08, 7 November 2006 (UTC) Richard Brooks

[edit] External Links

Tesco link was deleted after an over-active linking strategy, on other pages, that an editor perceived as spamming. This link has been on this page for months and should remain. If you disagree, please discuss.