BNET Business Dictionary
Business Definition for: Competitive Forces
- the external business and economic factors that compel an organization to improve its competitiveness
Additional Resources
- Five Competitive Forces That Shape Strategy
- Eliminating rivals is a risky strategy. A profit windfall from removing today's competitors often attracts new competitors and backlash from customers and suppliers. The competition in the real estate industry that is sparked by new arrivals like Zillow, Redfin, Trulia and the like can actually help profitability for all involved....
- White papers 2007-12-01
- The Five Competitive Forces That Shape Strategy
- In essence, the job of the strategist is to understand and cope with competition. Often, however, managers define competition too narrowly, as if it occurred only among nowadays; direct competitors. Yet competition for profits goes beyond established industry rivals to include four other competitive forces as well: customers, suppliers, potential...
- White papers 2006-12-01
- Updating Michael Porter's Classic 'Five Forces'
- By significantly broadening how we think about competition, Michael E. Porter's Harvard Business Review article “How Competitive Forces Shape Strategy†launched a business management revolution among academics and practicioners when it was published in 1979 . The power of the concept, as time has born out, is that it can...
- Blog posts 2008-01-07
- Michael Porter?s Five Forces Model
- An industry?s profit potential is largely determined by the intensity of competitive, intensity of competitive rivalry within that industry. This article discusses the concept of porter five-force model. It explains that there are five forces that determine industry attractiveness and long-run industry profitability. These five "competitive forces" are threat of...
- White papers 2003-01-01
- Strategies For Competitive Advantage In Electronic Commerce
- From the executive summary: ‘Sustaining the competitive advantage in the competitive business era is one of the most important activities for an e-business organization. As e-businesses shift their focus from building a customer base to increasing revenue growth and profitability, they should re-evaluate their current business strategies, if any, and...
- White papers 2003-01-01
- Porter's Five Forces
- From the executive summary: ‘A competitive strategy must meet the opportunities and threats inherent in the external environment; it should be based on an understanding of industry and economic change. Porter identifies five forces that shape every industry and which determine the intensity and direction of competition and therefore the...
- White papers 2003-01-01
- Firm Size And Competitive Advantage In The U.S. Upholstered, Wood Household Furniture Industry
- This paper is an empirical investigation of the relationships between firm size, competitive strategy, competitive forces and financial performance in the United States (U.S.) upholstered, wood household furniture industry. Based on an analysis of data collected in a national survey of manufacturers, it appears that only the intensity of rivalry...
- White papers 2008-01-01
- A BNET 15-Minute Module: Conduct Your Own Competitive Analysis
- Download this PowerPoint training tool to analyze your company's competitive advantages and disadvantages. This tool explains the strategic group map technique of competitive analysis. You'll identify your main competitors and define the most important competitive forces in your industry. After compiling this information, you'll draw a map that illustrates your...
- Presentations 2004-05-05
- Analyzing Competitive Forces Using Michael Porter's ' Five Forces' Analysis
- The Porter's Five Forces Analysis is used to assess the external environment of the organization and strategize accordingly. This analysis is conducted on the basis of five forces. They are threat of new competitors, bargaining power of suppliers, bargaining power of customers, threat of substitute products, and rivalry among existing...
- White papers 2003-01-01
- The "New Economy": Effective Competitive Intelligence is Now More Important Than Ever
- It is estimated that competitive forces will be much stronger for organizations when slower-growing markets mean less to go around for everybody. Market intelligence and competitive strategy as a cornerstone business discipline will become more important
- White papers 2003-01-01
- BlackBerry Surrounded By Competitive Forces in the Enterprise Market: IDC Forecasts a Battle with Two Fronts
- FRAMINGHAM, Mass. -- As a relatively untapped market, converged mobile devices for the enterprise presents tremendous growth potential with significant opportunities for differentiation and specialization arising from stringent IT requirements and increasing demand for additional features and functionality. This is creating a fiercely competitive environment comprised of converged mobile device...
- Research articles 2006-09-28
- How to Gather Competitive Research
- How to Gather Competitive ResearchVery good introduction to the subjectJane does a really good introduction to the subject. After reading this you will not be "the" expert, but will not a great deal to begin your search in a legal and ethical way.Congratulations!!Best regards,Lic Adrian AlvarezFounding Partner Midas ConsultingYour Competitive...
- Discussion threads 2007-04-03
- Shaping Strategy in a World of Constant Disruption
- Hammered by relentless technological change, many companies take a reactive stance: They focus solely on keeping up, protecting their existing markets, and improving their performance. But a few companies take a proactive stance by executing...
- Articles 2009-01-06
- How to Gather Competitive Research
- To formulate an effective corporate strategy, it's essential to understand two basic questions: What is your company doing, and what are your competitors doing? Establish the Strategic Problem Goal: Define your question before you begin the search for answers. Developing a competitive strategy...
- Articles 2007-03-28
- Strategy at Its Best
- Does your company's game plan need an update? Our top downloaded strategy articles can help you increase your tactical wisdom. The Seven Deadly Sins of Strategy Source: Strategic Decisions Group What strategic sins is your company making? Are you in danger of...
- Articles 2007-03-15
- Marketing Management: "PEST" Analysis And Five Forces Analysis
- Political, Economic, Social, and Technological PEST analysis is concerned with the environmental influences on a business. The acronym stands for the Political, Economic, Social, and Technological issues that could affect the strategic development of a business. According to the Internet Centre for Management and Business Administration, Anon (2003), identifying PEST...
- White papers 2009-07-01
- Porter's Five Forces 101
- Porter's Five Forces 101RE: Porter's Five Forces 101JennaIn the UK the big finance houses demand market analyses based on Porter's five forces and other models as part of any submission for funding.Whether it is a good, bad or indifferent model is irrelevant. What it does is to focus your thinking...
- Discussion threads 2008-02-17
- Strategic Positioning For Competitive Advantage
- Competitive advantage is the measure of a firm's competencies and performance against the factors prevailing in the firm's external environment. Threat of new entrants and bargaining power of buyers are some of the forces influencing the competition in the market. To counter these forces and gain a sustainable competitive advantage,...
- Presentations 2003-01-01
- Competitive Information And Sales Guides: What Sales Forces Need To Win
- Sales forces expect sales guides to arm them with information they need to confidently sell the company's solution, including ways to handle the competition. Yet some sales guides gloss over the competition, or provide weak competitive positioning. This not only harms chances of closing deals, but also undermines the marketing...
- White papers 2007-12-01
- Joint news release by Infineon Technologies and Huawei Technologies; Infineon and Huawei join forces to offer competitive WCDMA mobile phone platform.(Alliances And Partnerships)
- Infineon Technologies, the world's sixth-largest semiconductor manufacturer, and Huawei Technologies, a leading global supplier of network equipment, announced at a signing ceremony in Beijing that they will join forces to offer a competitive WCDMA m Infineon Technologies, the world's sixth-largest semiconductor manufacturer, and Huawei Technologies,...
- Research articles 2003-09-01
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