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Porter’s Three Generic Strategies

Posted by mjmedlock on November 14, 2011 in Strategy |

Three Generic Strategies For Competitive Advantage Michael Porter came up with the idea that companies could compete using three generic strategies. This idea can be further developed into a five generic strategies framework. These frameworks provide a useful way of thinking about strategy. However they should not be thought of as the only possibilities as […]

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Porter’s 5 Generic Competitive Strategies:BIM7

Posted by mjmedlock on December 6, 2010 in Strategy |

Michael Porter’S 5 generic strategies are a useful framwork looking at a firm’s strategic options. Use the framework to assess the company you choose for your case study. First off  start by trying to identify which strategy the firm is using. Then using the information you have gathered from the rest of your research decide […]

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