Topic
Porter’s Five Forces Model
Instructions
Pages 5
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Using Porter’s Five Forces Model, personal Critical Success Factors (CSFs) and/ personal Key Performance Indicators (KPIs), explain how you will overcome threats from each of the five forces while achieving your professional goal(s) after graduation from the MS-IST Program. The paper’s first paragraph must identify and define, at least one, of your post-graduation professional goals.
The paper must following the formatting guidelines in The Publication Manual of the American Psychological Association (2010), (6th ed., 7th printing), and contain a title page, five scholarly references, three to five pages of content, and a reference page.
Answer preview
The porter’s five forces model include competitive rivalry, bargaining power of customers, and bargaining power of suppliers, threat of new entrants and threats of substitute. Using the personal Critical Success Factors (CSFs) and personal Key Performance Indicators (KPIs), a professional can be able to come up with ways to overcome these threats and also assess the progress they are making in this field.
Critical Success Factors can be defined by as the critical areas whose high performance or successes are important, as they decide the success of an organization. They are the critical factors or activities required for the success of the business or organization.
Word count: 1573