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Porter's Five Forces

Porter's Five Forces
The model of pure competition implies that risk-adjusted rates of return should be constant across firms and industries. However, numerous economic studies have affirmed that different industries can sustain different levels of profitability; part of this difference is explained by industry structure. Michael Porter provided a framework that models an industry as being influenced by five forces. The strategic business manager seeking to develop an edge over rival firms can use this model to better understand the industry context in which the firm operates. I. In the traditional economic model, competition among rival firms drives profits to zero. Economists measure rivalry by indicators of industry concentration. If rivalry among firms in an industry is low, the industry is considered to be disciplined. When a rival acts in a way that elicits a counter-response by other firms, rivalry intensifies. In pursuing an advantage over its rivals, a firm can choose from several competitive moves:

Forming, Storming, Norming, and Performing - From MindTools.com Understanding the Stages of Team Formation Learn how to use Bruce Tuckman's simple model to help your new team become effective quickly. You can't expect a new team to perform well when it first comes together. Forming a team takes time, and members often go through recognizable stages as they change from being collections of strangers to united groups with common goals. Bruce Tuckman's Forming, Storming, Norming, and Performing model describes these stages. When you understand it, you can help your new team become effective more quickly. In this article, we'll look at how you can use this model to build a highly productive team. About the Model Psychologist Bruce Tuckman first came up with the memorable phrase "forming, storming, norming, and performing" in his 1965 article, "Developmental Sequence in Small Groups." Let's look at each stage in more detail. Forming In this stage, most team members are positive and polite. Storming Storming can also happen in other situations. Norming Performing

Creating a Public Service Announcement This page is archived material and is no longer updated. It may contain outdated information and broken links. The material presented on these pages is the product of five regional symposia held on restorative justice between June 1997 and January 1998. Media Relations Methods, Source: National Victim Center, 1990 Public service announcements provide your community with powerful public service messages about victims' rights at no cost to your organization. Public service announcements (PSA's) can be utilized in three mediums: Newspaper (print PSA's); Radio (audio PSA's); and Television (video PSA's). PSA can deliver messages about your organization, its activities, or victims' rights issues in general. PSA's target different news mediums, as well as different audiences. PSA's are a valuable "freebie" to victims' rights advocates. There is a great deal of competition among non-profit organizations for public service announcement time and space. Print Public Service Announcements

How to Look for Emotional Intelligence on Your Team Of all the ways to test for emotional intelligence, the marshmallow test might be my favorite. You put a child in a room, set one marshmallow in front of her and explain that, if she’s able to wait 10 minutes before eating it, she’ll get an extra marshmallow to enjoy. Then you leave her alone. If the child can hold off, it means she has is able to self-regulate — a key component of emotional intelligence. Of course, this test only works on small children; few adults would have trouble resisting the first marshmallow. So how do we assess emotional intelligence in working adults? First, understand what you should be measuring. At our firm, Egon Zehnder, we have identified six frequent EI-related competencies necessary for leadership success, based on our decades of experience evaluating executives and monitoring their performance. The idea is not to index a job or promotion candidate with a single EI number as we do with IQ. Reference checks should be conducted in the same manner.

Electronics and Gadgets - Gadgetwise Blog 665 What Makes a Good Teacher? Folks: The posting below looks a some qualities that make a good teacher. It is from a list of ten such qualities appearing in Chapter 1:What Makes a Good Teacher?, by Peter C. Beidler in Inspiring Teaching, Carnegie Professors of the Year Speak, John K. Regards, Rick Reis reis@stanford.edu UP NEXT: Preparing Doctoral Students for Faculty Careers That Contribute to the Public Good Tomorrow's Teaching and Learning -------------------------------------------- 2,013 words ------------------------------------- In this essay I want to talk about ten of the qualities that make a good teacher. --------------------------------- NOTE: Abbreviated list chosen by Rick Reis. 1. Good teachers try and try and try, and let students know they try. 2. They set themselves impossible goals, and then scramble to achieve them. We teachers have something called academic freedom. 4. Just about all of the good teachers I have known are eternally busy. For good teachers the day is never done. 7. 9.

ACPM :: The ACPM How to Write a Mission Statement in 5 Easy Steps I’ve had a 30-year love-hate relationship with mission statements. I’ve read thousands. I love it when a mission statement defines a business so well that it feels like strategy—and that does happen—and I hate it when a mission statement is generic, stale, and completely useless. Your company’s mission statement is your opportunity to define the company’s goals, ethics, culture, and norms for decision-making. The best mission statements define a company’s goals in at least three dimensions: what the company does for its customers, what it does for its employees, and what it does for its owners. Some of the best mission statements also extend themselves to include fourth and fifth dimensions: what the company does for its community, and for the world. The vast majority of the mission statements are just meaningless hype that could be used to describe any business in the category. Image: DILBERT © Scott Adams. Who is your company? Unfortunately few mission statements actually do that.

What Is a Vision Statement - Examples - BusinessNewsDaily Credit: Rawpixel.com/Shutterstock A carefully crafted vision statement is at the heart of every successful business. This statement clearly and concisely communicates your business's overall goals, and can serve as a tool for strategic decision-making across the company. A vision statement can be as simple as a single sentence or can span a short paragraph. Regardless of the individual details and nuances, all effective vision statements define the core ideals that give a business shape and direction. These statements also provide a powerful way to motivate and guide employees, said Addam Marcotte, vice president of operations and organization development with executive coaching and organizational change firm FMG Leading. Why does this matter? Given the impact that a vision statement can have on a company's long-term success and even its bottom line, it's worth taking the time to craft a statement that synthesizes your ambition and mobilizes your staff. Katherine Arline and Elaine J.

‘Social cohesion’ is not the answer to violence against immigrants in SA SOME well-meaning people hope we can end violence against immigrants by working to ensure that we are all the same. In reality, we can do it only if we respect the fact that we are different. A common response to the violence is to lament a lack of "social cohesion". While those who suggest this mean well, their remedy would almost certainly make immigrants’ lives here even more difficult. "Social cohesion" — a phrase much loved by South Africans, including the government, which held a conference to encourage it — started popping up in the writing of academics and policy people when immigrants began settling in the cities of Western Europe and North America. Not only were many a different colour from most locals — they brought with them cultures and religions (such as Islam) with which those societies were not familiar. These countries had never been as united as the "social cohesion" crowd claimed. This is not only likely to ensure that violence continues. Xenophobia poster.

Organizational Culture Strategic Leadership and Decision Making One of the primary responsibilities of strategic leaders is to create and maintain the organizational characteristics that reward and encourage collective effort. Perhaps the most fundamental of these is organizational culture. But what do we really mean by organizational culture? Why is culture so important to an organization? Schein contends that many of the problems confronting leaders can be traced to their inability to analyze and evaluate organizational cultures. There is no single definition for organizational culture. A set of common understandings around which action is organized, . . . finding expression in language whose nuances are peculiar to the group (Becker and Geer 1960). A set of understandings or meanings shared by a group of people that are largely tacit among members and are clearly relevant and distinctive to the particular group which are also passed on to new members (Louis 1980). A List of Definitions that Distinguish 1. 2.

Managing Employees News & Topics Skip Advertisement This ad will close in 15 seconds... Managing Employees Today's Most Read The Best and Worst U.S. 4 Reasons You Need to Embrace Transparency in the Workplace Andre Lavoie 3 min read Most Popular 12 Ways Successful People Handle Toxic People From an Extra Bedroom to 20 Stores and Counting: How... How Successful People Overcome Toxic Bosses The Top Thing Employees Want From Their Bosses, and... Creating a Company Culture Where Employees Never Lea... News and Articles About Managing Employees Managing Employees Get More From Temps, Your Company's Most Undervalued Asset Temps fill gaps when needed while offering a rare opportunity to audition a potential permanent employee. Heather R. Leadership 6 Ways to Coach Your Company's Teams to Be Champions Just like managing a great sports team, managing a great workplace team requires talent, strategy and that certain 'magic' that brings it all together. Solange Charas Leadership Qualities Bad bosses contaminate the workplace. Travis Bradberry Hiring

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