4 Problems with Michael Porter's 5 Forces (63)

This week’s podcast is on the well-known 5 Forces framework by Michael Porter. I go through some of its limitations and where I think it works best.You can listen to this podcast here or at iTunes, Google Podcasts and Himalaya.Michael Porter's 5 Forces:Bargaining power of suppliersBargaining power of buyersThreat of SubstitutesBarriers to entry / threat of potential entrantsDegree of existing competitive rivalryRole of complements?My 4 problems with this are:It doesn’t work for dynamic and no...