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When you think about levels of competition within an industry, established rivals are the first thing that come to mind, but the competitive environment of your business encompasses more than that. Porter’s Five Forces model distinguishes five factors that determine the competitive intensity of your industry and, therefore, its profit attractiveness. Use the Porter’s Five Forces PowerPoint Template to analyze your sector and protect the strategic position of your firm.
What is Porter’s Five Forces? Take a few minutes to explain the Porter’s model and its five competitive forces: Buyer Power, Threat of Substitution, Threat of New Entries, Supplier Power, and Competitive Rivalry. Once you’ve introduced your audience to these concepts, there will be more opportunities to enrich your analysis with their insights and inputs.
In the Porter’s Five Forces model, substitutes refer to those products that are not direct competitors but satisfy the same needs. For example: Water and soda. Showcase here the substitute goods and services that your customers might choose over your products.
Close your presentation with a display of all the key points of your analysis in a table chart. This slide works as a summary of your Porter’s Five Forces analysis and helps you see altogether the factors that influence your industry profitability.
Explain each competitive force in detail
The Porter’s Five Forces PowerPoint Templates comes with a dedicated slide for each competitive force from the model.
Understand the industry players
Conducting a Porter’s Five Forces analysis helps you gain a better understanding of the industry players.
A tailored strategy
Strategy consultants can use the Porter’s Five Forces PowerPoint Template to show managers some factors from the industry they may have overlooked when making the business plan.
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