Porter's 5 Forces are key elements to analyze your competitive strategy. Welcome to the EASIEST Entrepreneurship Channel on KZfaq, SUBSCRIBE here so you don't miss a thing. Link to Michael Porter's book: amzn.to/3RCQocu
5 FORCES OF PORTER: A Practical Example of Burger King #5ForcesOfPorter #Entrepreneurship #LuzCameraEmpreenda
in-depth analysis of Porter's 5 forces, a methodology created by Michael Porter, will allow you design a much sharper competitive strategy for your company or your desire to throw yourself into entrepreneurship. In today's video I will explain you step by step in a very simple way and using a practical example from Burger King so that you understand every important detail of this competitive strategy tool, and how to do the 5 forces of porter.
Each of these five Porter forces analyze a very relevant pillar about the market where your company is inserted, going through the analysis of competitors, their relationship with consumers and suppliers. Michael Porter is one of the great names in the world when it comes to Business Competitive Analysis, and throughout his journey as a consultant he developed this methodology that is widely used around the world. Check out these competitive strategies by Michael Porter and learn how to fill porter's 5 strengths with this practical example from Burger King.
Porter's 5 Forces will help you design your competitive strategies and will allow you to find the best angle to enter the market, highlighting your differentials if that is the way. By using this tool developed by Michael Porter, it will be much easier for you to find the best way to enter the market and so your journey in entrepreneurship can also have even more chances of success. That's why I'm going to teach you this methodology using Burger King as a practical example, so you have no doubts about how to develop this Porter's 5 Forces methodology for your business as well.
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DESCRIPTION FROM THE CHANNEL
Welcome to the EASIEST Entrepreneurship Channel on KZfaq! I am Daniel Niggli, Entrepreneur and Entrepreneurship Consultant, and I created this Channel to help you on this adventure of how to undertake, how to undertake from scratch, how to undertake with little money, how to make a Business Plan to leave your competitors behind. Whether you're an entrepreneur or a future entrepreneur who wants to start a business, fasten your seat belts and turn on channel notifications so you don't miss any of the videos I upload EVERY WEEK! These are successful entrepreneurship tips that never end! Here you will see everything you need to make your dream come true as a startup or even as an Individual MEI Microentrepreneur.
You will learn how to start your adventure in entrepreneurship, how to be a successful entrepreneur, you will discover how to start from scratch to create a successful company. And of course, be sure to share your comments and questions with me on every video.
later ;)
Daniel Niggli
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#LuzCameraEmpreenda