Is Michael Porter’s Five Force Model still relevant today?

Michael Porter is world’s one of the best management thinker and is considered the Godfather of Strategy. Michael Porter’s Five Forces model has been a powerful management tool for analyzing the industry profitability and attractiveness.

Photo credit: https://pixabay.com/ Michael Porter is world’s one of the best management thinker and is considered the Godfather of Strategy. Michael Porter’s Five Forces model has been a powerful management tool for analyzing the industry profitability and attractiveness. Five Forces model that determine competitive power in a business situation has been very influential in this area for more than two decades. It has been a widely used framework for analyzing industries. It refers to the competitive influences shaping the corporate strategies that are likely to be successful. “Success is 20% s

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• Jasmine Liu

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