Porter’s Generic Strategies
This article explains the Porter’s Generic Strategies by Michael Porter in a practical way. After reading it, you understand the core of this strategy theory. What are Porter’s Generic Strategies?…
Porter’s Value Chain Analysis
In his book Competitive Advantage (1985), Michael Porter explains Value Chain Analysis; that a value chain is a collection of activities that are performed by a company to create value for its customers. Value Creation creates added value which leads to competitive advantage. Ultimately, added value also creates a higher profitability for an organization.
Michael Porter
Michael Porter (1947) is professor and a management guru in the field of competitive strategy and Department Head of Harvard Business School (HBS). The Competitive Forces Model (or ‘Five Forces…