Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>
Idioma: En

Porter’s Five Forces Vs. Diamond Model

Porter’s five forces is a strategic framework to assess the competitiveness in a specific industry. Where Porter’s diamond model is a framework to assess why specific industries become internationally competitive, both frameworks can be used in conjunction to have a wider perspective on the competitive landscape surrounding an industry.

Related Articles

Porter’s Five Forces is a model that helps organizations to gain a better understanding of their industries and competition. Published for the first time by Professor Michael Porter in his book “Competitive Strategy” in the 1980s. The model breaks down industries and markets by analyzing them through five forces
Porter’s Diamond Model is a diamond-shaped framework that explains why specific industries in a nation become internationally competitive while those in other nations do not. The model was first published in Michael Porter’s 1990 book The Competitive Advantage of Nations. This framework looks at the firm strategy, structure/rivalry, factor conditions, demand conditions, related and supporting industries.

Read Next: Porter’s Five Forces, Porter’s Diamond Model, Ansoff, Technology Adoption Curve, SWOT, TOWS, SOAR, Balanced Scorecard, OKR, Agile Methodology, Value Proposition, VTDF Framework.

Main Guides:

  • Business Models
  • Business Strategy
  • Marketing Strategy
  • Business Model Innovation
  • Platform Business Models
  • Network Effects In A Nutshell
  • Digital Business Models

The post Porter’s Five Forces Vs. Diamond Model appeared first on FourWeekMBA.



This post first appeared on FourWeekMBA, please read the originial post: here

Share the post

Porter’s Five Forces Vs. Diamond Model

×

Subscribe to Fourweekmba

Get updates delivered right to your inbox!

Thank you for your subscription

×