Management Research

Management Research: Strategic Management - 5 Forces: Threat of Entry (Legal Barriers)

Hello and welcome to the next episode of my podcast!

 

Today, we continue talking about the #5forcesframework of #Porter. In particular, we discuss the next driver of the #threatofentry - #legalbarriers. You may be lucky to enjoy the #protectedmarket or unlucky to have a very open and #easy-to-enter #market. The trick is that these barriers may appear and disappear and it is better to be prepared for this situation.

Enjoy, subscribe, share, and comment - it does matter.

 

Best

Eugene (Yevgen)

Management Research: Strategic Management - 5 Forces: Threat of Entry (Access to Channels of Distribution)

Hello, dear listeners!

Today, I continue with the topic of the #threatofentry. As the next driver of this force from the #forces #framework by #Porter, I elaborate on the access to the #distributionchannels. I wish I could provide you with an example of success, but in this episode, I talk about a failed idea. But, we learn from our mistakes, hopefully. ;)

 

Enjoy, comment, share, and subscribe - it does matter!

 

Best

Eugene (Yevgen)

Management Research: Strategic Management - 5 Forces: Threat of Entry (Product Differentiation)

Dear listeners

 

I see that the names for the episode become longer ;) The reason is a bit complex #structure of the course of #strategicmanagement.  But we'll manage to establish a good understanding of the course. 

In this episode, I talk about the product #differentiation. The more different your products are from the competitors' products, the harder it is to switch for the customers. Interestingly, it works in both ways: your customers have it hard to #switch to your #competitors, but also your competitors' customers have it hard to switch to your product. 

Enjoy, share your thoughts in the comments section, subscribe, and share - it does matter!

 

Best

Eugene (Yevgen)

Management Research: Strategic Management - 5 Forces: Threat of Entry (Absolute Cost Advantage)

Welcome, dear listeners,

 

Today, I continue elaborating on the #threatofentry as a force in the #5forces framework by Porter. We talk about the #absolutecostadvantage - a tangible, intangible, or human resource that allows firms to easily join the market and become successful. 

Don't forget to share, comment, subscribe, and enjoy!

Best

Eugene (Yevgen)

Management Research: Strategic Management - 5 Forces: Threat of Entry (Economies of Scale)

Welcome, dear friends and listeners,

Today, we continue elaborating on the topic of #threatofentry - one of the forces in the #5forces framework by #Porter. We talk about the next driver - a factor that can increase or decrease the threat of someone joining your market. We talk about the #economiesofscale.

Enjoy the examples, share yours in the comment section, and subscribe - it does matter!

 

Best

Eugene (Yevgen)

Management Research: Strategic Management - 5 Forces: Threat of Entry (Capital Requirements)

Hello and welcome to the next episode of my #management #research #podcast, dear listeners!

Today, we start elaborating on the next #force in the #5forces #framework of #porter - the #threatofentry. The threat of entry is driven by several factors. I discuss one of these factors in this episode - the #capitalrequirements.  

Enjoy, share, subscribe, and comment - it does matter!

 

Best

Eugene (Yevgen)

Management Research: Strategic Management - 5 Forces: Threat of Substitutes

Welcome, dear listeners!

 

Today, we are talking about the #5forces framework by #porter. One of the forces that shape the market and should influence your success is the #threatofsubstitutes. #substitutes are the #products (or #services) that are different in nature but may offer you a similar result. Think of butter vs margarine - different in nature (made of milk vs sunflower oil) but both may be used for breakfast. Moreover, the conditions of usage have an impact on the #propensitytosubsitute: while margarine for breakfast is seldom preferred, margarine for backing easily substitutes butter and only a few can taste the difference.

Enjoy this #episode, #subscribe, #comment, and #share - it does matter!

 

Best

Eugene (Yevgen) 

Management Research: Strategic Management - MBV vs RBV

Welcome to the next episode in my Strategic Management series!

 

Today, we talk about two #theories (or views) about how to achieve a #sustained #competitiveadvantage. While the Market-based View (#mbv) focuses on the market and industry analysis, the Resource-based View (#rbv) focuses on the firm's internal #resources and #comeptencies (or #capabilities). After years of academic debate, we discovered that firms need both and that there are minor contradictions and both can be applied simultaneously.

 

Enjoy, comment, subscribe, and share - it does matter!

 

Best

Eugene (Yevgen)

Strategic Management: Management Research - Drivers of Profit

Welcome dear listeners!

Today, I talk about the three main #drivers of #profit of a #firm. These are the #intensity of #competition, #value for the #customer (and it is not the #price), and the #bargaining power over a customer.

Enjoy, share, subscribe, and comment - it does matter!

 

Best

Eugene (Yevgen)

Management Research: Strategic Management - Examples of Path Dependency

Welcome!

Today, I continue elaborating on the topic of #pathdependency. In this episode, I provide you with some examples of path dependencies but also with examples of how you can apply the #theory to make your personal or business life better! 

Enjoy, share, comment, and subscribe - it does matter!

Best

Eugene (Yevgen)