Michael Porter's Model Research Articles

ANALISIS STRATEGI PEMASARAN PADA PERUSAHAAN PRODUK BERAS ROSITA DI KEDIRI JAWA TIMUR

In formulating its business strategy, the company must be clear and the selected strategy must be in accordance with the vision, mission, competence and excellence which are owned by the company. The analytical tool used to evaluate express and measure events or trends that occur outside the company is a matrix evaluation of external factors (EFE) which generates opportunities and threats, in an organization, so that it can formulate strategies to take advantage of opportunities and avoid or mitigate the impact of threats. To analyze the competition, the company carried out five forces model of competition. While the internal factor evaluation matrix (IFE) is used to evaluate, express and measure events or trends that occur inside the company such as the strengths and weaknesses of the company; then it carried out a SWOT analysis (Strength, Weakness, Opportunity, Threat) which is a series combination of external analysis and internal analysis, thus allowing known about alternatives to the strategy obtained.
 Based on the analysis results which are conducted by using Michael Porter's model of five powers, it indicated that the rice supply in Kediri industry is still attractive. It is characterized by the value of interest based on the analysis of competition in the industry in the high category, the Rice Products Company “Rosita” have to constantly do a competition to gain market position with efforts to give priority to quality competition, product and price to improve service or satisfaction guarantee. Given the area known as the East Java area of ​​a large agricultural producer; it is a great opportunity in obtaining these benefits, it must be addressed by the businesses by formulating and implementing a reliable strategy in an effort to win the competition
 

ANALYSIS OF ROMANIAN IT INDUSTRY; STRATEGIC DIAGNOSTICS USING MICHAEL PORTER'S MODEL

The information technology (IT) sector represents a phenomenon of modern society, which has led to a favorable change in the economic course, in most countries of the world. This study aims to establish the attractiveness of the IT industry in Romania, as well as the factors that led to the development of the competitive environment, through a strategic diagnosis using a tool for strategic analysis and diagnosis - the model of the five forces, developed by Michael Porter. The results of the study indicate that all five strengths of Michael Porter's model exert significant influence, but in different proportions, on the competitive environment and the degree of attractiveness of the IT industry. Although Porter's model offers a clear strategic frame of the IT industry, it is quite static, and the manifestation of the five forces does not maintain its validity over time.

СИСТЕМА УПРАВЛЕНИЯ РИСКАМИ КАК ОСНОВА ФИНАНСОВОЙ УСТОЙЧИВОСТИ ПРЕДПРИЯТИЯ (НА ПРИМЕРЕ ПРЕДПРИЯТИЯ АПК РТ)

The process of assessing the financial stability of an agricultural enterprise and the possible introduction of elements of a risk management system is illustrated by the example of the agricultural organization JSC “Alabuga Sote” (the Republic of Tatarstan). In order to consider the financial stability of the enterprise, the following indicators were calculated: absolute liquidity ratio, current liquidity ratio, profitability on equity and profitability of sales. Based on these calculations, the company’s financial stability was assessed and possible measures were proposed to improve it. In addition to quantitative methods for assessing financial sustainability (calculations), there are also qualitative methods that are aimed at previously forecasting company risks such as SWOT analysis, PEST analysis, active monitoring of threat, threat matrix generation, Michael Porter model, mathematical modeling, construction of scenarios, the involvement of expert opinion and so on. The development and implementation of a risk management system is one of the most important directions for the development of the enterprise (including the agro-industrial complex). This mechanism is able to provide both financial stability and investment attractiveness of the organization.

Curtains?: the future of the arts in America

In this clear-minded but sobering book, Michael M. Kaiser assesses the current state of arts institutions - orchestras; opera, ballet, modern dance, and theater companies; and even museums. According to Kaiser, new developments in the twenty-first century, including the Internet explosion, the death of the recording industry, the near-death of subscriptions, economic instability, the focus on STEM education in schools, the introduction of movie-theater opera, the erosion of newspapers, the threat to serious arts criticism, and the aging of the donor base have together created tremendous challenges for all arts organizations. Using Michael Porter's model of industry structure to describe how industries evolve, Kaiser argues persuasively that unless steps are taken now, midsized performing arts institutions will have all but evaporated by 2035. Only the largest arts organizations will survive, with tickets priced for the very wealthy and programming limited to the most popular and lucrative productions. Kaiser concludes with a call to arms. With three extraordinary decades' experience as an arts administrator behind him, he advocates passionately for risk-taking in programming and more creative marketing, and details what needs to happen now - building strong donor bases, creating effective boards, and collective action - to sustain the performing arts for generations to come.

Indian cultural values and economic development: an exploratory study

Purpose – The purpose of this paper is to explore linkages between Confucian‐based Asian cultural values and Michael Porter's model of national competitiveness. The cultural values of Indian students are compared with Asian American students’ cultural values, to explore alignment with economic growth and development factors.Design/methodology/approach – Relationships between culture and economic development are conceptualized based on previous research and literature. Using an Asian Cultural Values Scale, Indian students enrolled in a Master’s of International Business program were surveyed. These data are compared with data collected from Asian American college students on the same items. The results are interpreted based on conceptualized relationships.Findings – Indian students tend to exhibit greater conformity, emotional self‐control and collectivism values while Asian American students tend to place greater value on family recognition through achievement. The Indian student values appear to align mo...

Porter’s model of generic competitive strategies

A firm's competitive behavior is an important topic for practitioners, theorists, and policy makers. Among the explanations of firms' behavior is Michael Porter's model. We have presented this model along with some alternative approaches: Structure-Conduct-Performance, the New Industrial Organization and Game Theory, the Resource-Based Perspective, and Market Process Economics. These approaches are discussed in terms of their relations, similarities, and differences relative to Porter's model. In our comparative discussion, we support the use of Porter's model to evaluate firms' competitive behavior. Our reasons for this support are this model's popularity, well-defined structure, feasibility, clarity, simplicity, generality, and its complementarity to two other main approaches. We find the Porter model to be a convenient approach to the firm's competitive advantage and strategy.

Competitive Advantage for India in Exporting Education: A Case Study based on Michael Porter Model

Competitive Advantage for India in Exporting Education: A Case Study based on Michael Porter Model

The competitive advantage of European nations: The impact of national culture — a missing element in porter's analysis?

This article uses as its starting point Michael Porter's model of the national ‘diamond’ to explain the role of the national environment in the competitive position of industries and firms. The authors believe, however, that the influence of national culture on the competitive advantage of nations is given too little attention in this model. In particular, strong or weak uncertainty avoidance behaviour in nations and their masculine/feminine characteristics are neglected. The national diamond rests on the base of national culture, and the latter is exogenous to the firm. In a European context, managing the different diamonds that exist itself generates competitive advantage.