How do the traits of agility discipline and focus position a

How do the traits of agility, discipline, and focus position a company to control Michael Porter’s Five Forces? How do the traits of diffuseness, rigidity, and ineptness hinder efforts to gain control of the Five Forces?

Solution

Michael Porter’s Five Forces is a model that talks about bargaining power of buyers, suppliers, rivalry among firms as well as new entrants and substitutes available in the business environment. For a sustainable business development and stability. Any firm has to control all the five forces mentioned by the above mentioned model. This objective is helped favorably when an organization exhibits the trait of agility, discipline and focus.

It helps in:

But, the trails of diffuseness, rigidity and ineptness create dilemma in firm’s approach. Also, firms find themselves unable to respond quickly according to changes. Thus, they lose control as well as sustainability of business.