- The Five Competitive Forces That Shape Strategy-
- Harvard Business Publishing, June 30, 2008 – Michael Porter Interview
- https://www.youtube.com/watch?
v=mYF2_FBCvXw&t=2s (Links to an external site.) - Please comment on the above video
- 1) What are some thoughts in the video discussion that are an expansion of what is discussed in the text?
- 2) Porter discusses the Airline industry. Comment on where typical Commercial Airline Carriers fit into Porter’s four competitive strategies. Can you think of any alternative strategies that are emerging/have emerged that might be more in the segmented quadrants?
- Scoring:
- 4-5 points. Effort greater than expected; shows deep insight and analysis; thoughts are expressed clearly. Replies connect with original post and add to further discussion
- 2-3 points. Posts are simple; but shows some insight and analysis. Personal opinion lacks elaboration and detail
- 0-1 points. Effort is less than expected. Posts lacks any insight or analysis; rehashes or summarizes others’ posts.
Requirements: 200
Answer preview
Typical Commercial Airline Carriers fit into Porter’s rivalry segment due to the intense competition (HBR, 2008). These carriers are difficult to differentiate due to factors such as competition in prices and low entry barriers. Still, I have realized that the industry has a high bargaining power of suppliers of labor. When the crew strikes with unionized labor rights, the airlines have no option but to listen. Hence, these factors make companies develop strategies that align with the competition in the industry. With that said, I do not think of another emerging alternative strategy that can fit in Porter’s segmented quadrant since the five forces address all the crucial competition factors.
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