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book1980

Competitive Strategy

Disciplines:
strategy
economics
business
management

Summary

Michael Porter's 1980 foundational business strategy text — introducing the Five Forces framework (threat of entry, substitutes, supplier power, buyer power, rivalry) and three generic strategies (cost leadership, differentiation, focus) — the most cited business book and the foundation of MBA strategy courses.

Core Contribution

Creates the Five Forces strategic analysis framework — Competitive Strategy translates industrial organization economics into a practical analytical tool that allows any company to assess its competitive position; it is the single most used analytical framework in business education and consulting.

Historical Influences

Joe Bain Richard Caves

Intellectual Lineage

Michael Porter Free Press

Allied Works

Competitive Advantage The Competitive Advantage of Nations Good Strategy Bad Strategy

Contemporaries & Peers

No recorded contemporaries.

Minds Influenced

Business strategy

Intellectual Posterity

Five Forces Generic strategies Competitive Strategy MBA strategy curriculum

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