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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)
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)
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)
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)
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)
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)
Welcome, dear listeners,
In my new episode, I talk about the #pathdependency theory and explain why we use the #QWERTY keyboard. Path dependency is a very powerful, yet a bit deterministic #theory which is of great importance for a good #strategist.
Enjoy, subscribe, share, and comment - it does matter!
Faithfully
Eugene (Yevgen)
Welcome, dear listeners!
Today, I talk about one of the tools for the #environmental #analysis in #strategicmanagement - #pest. PEST stands for #political, #economic, #social (& #cultural), and #technological factors. Although the tool is vague and has plenty of issues (I mention those briefly), it is the best that we have for now. So, apply it wisely and learn the weaknesses before analysing the market environment!
Share, subscribe, comment, and enjoy - it does matter!
Best
Eugene (Yevgen)
Welcome, dear listeners!
Today, I talk about differences in #strategicmanagement for #nonprofit #organisations. Interestingly, some scholars argue that non-profit organisations work in a different environment and, thus, economic mechanisms work for them differently. So, can we apply the knowledge from the field of strategic management or do we need a specific -#strategic #management for non-profits? In this #podcast episode, I try to give an answer to this question.
Enjoy, share, subscribe, and comment - it does matter!
Best
Eugene (Yevgen)
Welcome, dear listeners, to the next episode of my #managementresearch #podcast!
Today, I briefly talk about #Corporate #Social #Responsibility (#csr) and the reason why this topic is debated. There is no clear view on CSR in any country, but we know that responsible acting is something desired. But why do many fail in pursuing CSR? Or why do we have so many visions of the concept? Why are firms not always happy if being asked to act more responsibly?
I try to answer some of these questions in this episode. Please share your opinion on the issue and give your examples of (un)successful CSR policies.
Best
Eugene (Yevgen)
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