Porter's 5 Forces

Submitted by Anonymous (not verified)
in
Management and Leadership

I just recently listened to the  "Strategy and SWOT" podcasts, as my (small) company is looking to do a deep-dive analysis of the company in order to develop a more coherent high-level strategy. I have heard a lot about Porter's 5 Forces as a framework to understand (as far as I can tell) the external/market forces that drive a company (i.e. the O and T in SWOT). I have a few questions:

1.) What are the MT thoughts about Porter's 5 Forces? And how do they relate to the guidance on SWOT and Strategy?

2.) Can anyone recommend a good resource to learn more about it? Preferably a  short/condensed source, as I am already elbows deep in "need to read" books. Or alternately a good podcast, which I can absorb much more quickly and effectively.

Thanks anyone for information.

Submitted by Matthew Ross on Monday September 23rd, 2013 3:23 am

Check out the original HBR paper on line (if you have subscription) or pick up The book "On Strategy" from HBR which is a collection of a number of articles (HBR's 10 Must Reads).

Submitted by Timothy Daly on Monday September 23rd, 2013 9:27 am

I have had the HBR' 10 Must Reads sitting on my Kindle for a little while now. I did not even realize that the original article was in there. Thanks!