Revisiting Porter Five Forces Model: Influence of Non-Governmental Organizations on Competitive Rivalry in Various Economic Sectors

Khurram, Anjeela

doi:10.35484/pssr.2020(4-i)01

Cited by 5 publications

(3 citation statements)

References 12 publications

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“…The Porter Five Forces model is a framework for examining an industry's competitive landscape. Five forces make up this model, which Michael Porter created in 1979: the threat of new entrants, the negotiating power of suppliers, the bargaining power of consumers, the threat of substitute goods or services, and the ferocity of competitive rivalry (Khurram, 2020). The VRIO analysis is a tool used in strategic management to evaluate a company's resources and skills and decide whether it can sustain a competitive advantage.…”

Section: Literature Reviewmentioning

confidence: 99%

Scenario Planning of Pertamina Patra Niaga Business Strategy to Address the Growth of the Indonesian Electric Vehicle Market

Istanto,

Rustiadi

2024

EJBMR

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PT Pertamina Patra Niaga is facing an era of energy transition, and one of the biggest phenomena is the adoption of electric vehicles (EVs). Massive EV adoption will impact Patra Niaga’s future business, and they must prepare a strategy to deal with these changes. This research aims to determine the factors that influence EV adoption in Indonesia and propose strategies that need to be carried out by Patra Niaga. The literature review shows that internal and external factors are very influential in determining Patra Niaga’s strategy. The research design is qualitative, with data obtained from primary sources from interviews and secondary data sources, including industry documents, reports, and journals. Using the scenario planning method with the PESTEL approach, the paper identifies four possible scenarios for the future of EV adoption in Indonesia. The possible scenarios are green tech frontier, policy-driven change, market-led innovation, and stagnant development. Environment analysis conducted both external analysis and internal analysis. The research uses Porter’s Five Forces to identify rivalry among the industry players for external analysis. Meanwhile, the internal analysis uses the use VRIO Framework to identify the competitive advantage of the company and the strength and weakness analysis to determine the opportunities and threats for the company. Finally, the research uses the BCG Matrix to develop a strategy for each scenario. Based on the BCG Matrix, the proposed strategies are to invest more in the EV infrastructure where the scenario is green tech frontier, to invest or divest where the scenario is policy-driven, to keep the EV infrastructure business running where the scenario is market-led innovation, and to s liquidated where the scenario is stagnant development. The chosen strategy is suggested to be implemented based on the probability of occurrence for each of the scenarios within a timeframe from the year 2024 to 2035 by involving various divisions in the company, including marketing, business development, and project leader of the EV division.

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Section: Literature Reviewmentioning

confidence: 99%

Scenario Planning of Pertamina Patra Niaga Business Strategy to Address the Growth of the Indonesian Electric Vehicle Market

Istanto,

Rustiadi

2024

EJBMR

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“…In determining the power of the buyers in the market, their number plays an important role. The buyer power determines the attractiveness of the industry to the investors especially the new entries [23].…”

Section: Buyer Powermentioning

confidence: 99%

McDonald’s Valuation through Financial Ratios for Decision Making by Chinese Investors

Chen¹

2023

BCPBM

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The use of financial statements and ratios has been noted to be essential in the determination of the position of a company in the market. While McDonald’s is sitting in the global space as big incorporation in the catering industry, it is essential for its competitiveness and financial performance to be known. The topic of this research is an analysis of McDonald’s Company valuation based on multiple financial ratios for investors in the Chinese market. From the results, China registered a growth trajectory in the catering industry making them easy for new entries to be realized. While this can be seen as an unattractive market, McDonald’s has been using the situation for its expansion in the country. Further, from its financial strategies and statements, the company has been using better approaches to manage its operations and maintain its status in the market. The significance of this research is that it gives an insight to academe and professionals on how a company can design strategies to influence a new market and attract investors.

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“…Porter (1980) developed the most accurate and comprehensive framework for expressing how external factors affect organizational performance in a given industry (Baxter, 2019; Napshin and Marchisio, 2017). The comprehensiveness and universality of the Porter’s framework have made it easy for strategists, consultants and firms to implement these forces to achieve a competitive advantage in an industry (Khurram et al , 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of industry competitive intensity on brand performance: mediating role of market orientation and organizational learning

Talari¹,

Khoshroo²

2022

JRME

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Purpose The purpose of this paper is to investigate the effect of industry competitive intensity (ICI) on brand performance with the mediating role of market orientation and organizational learning using theoretical and experimental materials in fast-moving consumer goods (FMCGs) firms. Design/methodology/approach To test the research hypotheses, a model was designed and tested on 124 chief executive officers from 30 FMCG firms active in both food and chemical industries using structural equation modeling and partial least squares methodology. Findings The research findings showed that ICI has significant effect on market orientation and organizational learning. It also has significant effect on the firm’s brand performance through developing the market orientation capability as a mediating variable, but the development of organizational learning capability (as a mediating variable) is not effective in the relationship between ICI and brand performance. Originality/value Since the early 1990s, addressing intraorganizational capabilities and resources has been a major topic of strategic and marketing research. In this regard, many theoretical and experimental contents have been presented so far. However, little research has simultaneously addressed the industrial environment and the development of competitive capabilities. A manager’s understanding of the competition rate of an industry has the potential to influence the development of organizational capabilities through strategic responsiveness to his/her perception of the environment. This study attempts to show that managers and firms that consider their industrial environment to be volatile must develop their learning capabilities and market orientation, leading to superior brand performance.

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Revisiting Porter Five Forces Model: Influence of Non-Governmental Organizations on Competitive Rivalry in Various Economic Sectors

Cited by 5 publications

References 12 publications

Scenario Planning of Pertamina Patra Niaga Business Strategy to Address the Growth of the Indonesian Electric Vehicle Market

Scenario Planning of Pertamina Patra Niaga Business Strategy to Address the Growth of the Indonesian Electric Vehicle Market

McDonald’s Valuation through Financial Ratios for Decision Making by Chinese Investors

Impact of industry competitive intensity on brand performance: mediating role of market orientation and organizational learning

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