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About
Christian Simms's Software R&D, Generative Programming and other R&D.
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Mon, 5 Jul 2004
Intro to Business Strategy
One of the leaders of modern business strategy is Michael E. Porter, professor at Harvard Business School.
He presents a framework for analyzing any industry
by breaking looking at five forces:
- Degree of Rivalry
- Threat of Substitutes
- Buyer Power
- Supplier Power
- Barrers to Entry
If one was to start a new business, Ken Hess recommends
that you apply this type of analysis to your choice of business.
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