The industry life cycle offers a powerful framework for investors seeking to navigate the ever-changing landscape of different sectors. It tracks the evolution of an industry over time, typically encompassing five distinct stages: introduction,
Strategic Analysis
Porter’s Five Forces: Master Competitive Analysis for Smart Investment Decisions
Porter's Five Forces, a framework developed by Michael Porter in 1979, offers a powerful lens for analyzing the industry dynamics that shape profitability. By dissecting these five forces—the threat of new entrants, rivalry among existing companies,
Strategic Management: Meaning, Importance, Stages
Strategic management talks about how a company can achieve its long-term goals. Competition is increasingly dynamic, and challenges are changing. Technology, economics, geopolitics, and social change have new consequences for the competitive
Strategic Competitiveness: Meaning, How to Achieve
A company achieves strategic competitiveness when it is successful in formulating and implementing a value creation strategy. That is the definition, according to Hitt, Ireland, and Hoskisson in their book, Strategic Management: Competition and
Market Structure: Meaning, Types, Characteristics, How to Determine
Market structure refers to the characteristics of market organizations that determine the behavior of companies in an industry. It determines the nature of competition and price and has implications for the market share and profits that companies