In order to appropriately formulate their corporate strategies and distinctively compete in the market, organizations are in a need for a framework that would help them in understanding industry structure and in overcoming rivalry. This essay aims at discussing, analyzing, and criticizing Porter’s Five Forces model using a wide variety of academic literature. The first part introduces the model, discusses its benefits, and provides a detailed discussion of the five forces and their underlying influential factors. The second part criticizes the validity of this model in today’s rapidly changing environment especially in the IT industry. The third and final part applies the model in the IT industry in order to determine its attractiveness and profitability level. For a critical analysis of Porter’s Value Chain Analysis (VCA) framework, kindly check out my article Critical Analysis of Porter’s Value Chain Analysis (VCA) Framework.
This essay presents three different diagnostic models that serve as a change management guidance for organizations by helping them in considering what factors are important for this change and how these factors are interrelated together (Nadler and Tushman 1980). The main purpose of these models is to help in reducing the complexity of the change situation by identifying what change variables require attention by the organization, what sequence of activities to adopt in dealing with the change situation, and how the various organizational properties are interconnected (Ian Palmer 2009). The essay compares and contrasts Burke-Litwin, Six-Box Weisbord, and Congruence models, pinpoints their strengths and weaknesses, and then applies one of these models to the case study “Jamie’s Food Revolution”.