Porter Value Chain vs Porter 5 forces...
Both are tools to evaluate company strength and weakness... True or False?
The Porter Value Chain evaluates the strength and weakness within the company value chain including the supply chain of the company and its infrastructure. This is more on looking from a single company.
The Porter 5 forces analyzed the strength and weakness of the company from the Industry perspective. This covers the comparison among competitors and have the holistic view of where the company stands within its own industry.
By using these two tools, we could analyze how competitive the company is to its surrounding as well as how strong is the company internally...
So, what is Porter Value Chain? What is Porter 5 Forces?
The Porter Value Chain evaluates the strength and weakness within the company value chain including the supply chain of the company and its infrastructure. This is more on looking from a single company.
The Porter 5 forces analyzed the strength and weakness of the company from the Industry perspective. This covers the comparison among competitors and have the holistic view of where the company stands within its own industry.
By using these two tools, we could analyze how competitive the company is to its surrounding as well as how strong is the company internally...
So, what is Porter Value Chain? What is Porter 5 Forces?
2 comments:
Maybe I should ask my idiot boss to watch the links!
interesting and informative..
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