The Explainer: The 5 Forces That Make Companies Successful - Deepstash
The Explainer: The 5 Forces That Make Companies Successful

The Explainer: The 5 Forces That Make Companies Successful

Curated from: Harvard Business Review

Ideas, facts & insights covering these topics:

2 ideas

·

469 reads

9

1

Explore the World's Best Ideas

Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.

Competition and Profitability

Competition and Profitability

The existence of competition in the market allows for companies to become motivated to increase their profits. It may feel like playing the game of tug of war, however, it is much more complex than that.

It's not about being the biggest company, but rather, profitability.

13

314 reads

The 5 Competitive Forces

In order to become a profitable company, we must consider the forces that influence profits:

  1. Buyers who'd like to pay less but get more
  2. Suppliers who'd like to earn more but ship less
  3. Substitutes who don't seem like competition but are
  4. New entrants who come into the market with competitive pricing making rivals spend more; and
  5. Existing rivals

These five forces define every industry's structure and shape companies' future. By understanding how these five forces work, you'll be able to create more competitive strategies and increase your profits.

15

155 reads

IDEAS CURATED BY

karlabro

Maintenance engineer

CURATOR'S NOTE

Competition makes markets strive to earn more than their counterpart, here, we listed the five forces that influence the competitive market.

Karla Brown's ideas are part of this journey:

Cracking the Interview

Learn more about business with this collection

How to showcase your skills and experience

How to answer common interview questions

How to make a good first impression

Related collections

Similar ideas

What Makes a Great Leader?

6 ideas

What Makes a Great Leader?

Harvard Business Review

What Having a "Growth Mindset" Actually Means

4 ideas

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates

Deck the halls with microlearning!

67% OFF | 1-Year Pro Subscription

Claim Offer

|