I found this week's reading to be quite interesting. I have studied Porter's 5 Forces in other business classes sense I have been here at UF. I guess the part that I find most interesting is that you can actually break down a companies whole strategy guide to how they must react to these five points. Obviously a large corporation has many different choices to make regarding its strategy, but at its core it is how it must react to these points in order to be successful.
I suppose one part of the reading that I found a little confusing, was how he viewed government interference in industries that couldn't survive without its intervening. I would like to know how he feels government subsidies to dying industries affect our economy.
What I stated above would be my first question. But for my second question I would like to ask him how he knew the SWOT analysis wasn't covering all the areas needed when accessing a corporation, and how he came to the conclusion that his 5 forces got a better picture of a corporation.
I don't disagree with anything from this article, after all the man does work for Harvard.
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