n Management Today - The competitive revolution : ten forces facing global business




Extracted from text ... 36 Management Today February 2006 The competitive revolution: ten forces facing global business T Dr Rudolph van Buuren is visiting professor at the Free State Business School. Traditionally the debate about competitive forces from a strategic perspective has centered round an analysis of Michael Porter's five forces model of competition: threat of substitutes, threat of new entrants, power of buyers, power of suppliers and competitive rivalry. Although the nature of that level of competitive focus remains very important for the long term strategic success of organisations, the requirements and pressures exerted on the organisation by the many driving forces in ..


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