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"Porter five forces analysis is a framework for industry analysis and business strategy development. It draws upon industrial organization (IO) economics to derive five forces that determine the competitive intensity and therefore attractiveness of a market. Attractiveness in this context refers to the overall industry profitability. An "unattractive" industry is one in which the combination of these five forces acts to drive down overall profitability. A very unattractive industry would be one approaching "pure competition", in which available profits for all firms are driven to normal profit.
Three of Porter's five forces refer to competition from external sources. The remainder are internal threats.
Porter referred to these forces as the micro environment, to contrast it with the more general term macro environment. They consist of those forces close to a company that affect its ability to serve its customers and make a profit. A change in any of the forces normally requires a business unit to re-assess the marketplace given the overall change in industry information. The overall industry attractiveness does not imply that every firm in the industry will return the same profitability. Firms are able to apply their core competencies, business model or network to achieve a profit above the industry average. A clear example of this is the airline industry. As an industry, profitability is low and yet individual companies, by applying unique business models, have been able to make a return in excess of the industry average.
Porter's five forces include - three forces from 'horizontal' competition: the threat of substitute products or services, the threat of established rivals, and the threat of new entrants; and two forces from 'vertical' competition: the bargaining power of suppliers and the bargaining power of customers.
This five forces analysis, is just one part of the complete Porter strategic models. The other elements are the value chain and the generic strategies." [Porter five forces analysis. Wikipedia]
The block diagram example "Porter's five forces model" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Block Diagrams solution from the area "What is a Diagram" of ConceptDraw Solution Park.
Block diagram
Block diagram, block diagram,
"A food bank or foodbank is a non-profit, charitable organization that distributes food to those who have difficulty purchasing enough food to avoid hunger.
In the United States and Australia, food banks usually operate on the "warehouse" model. They act as food storage and distribution depots for smaller front line agencies; and usually do not themselves give out food directly to the hungry. After the food is collected, sorted, and reviewed for quality, these food banks distribute it to non-profit community or government agencies, including food pantries, food closets, soup kitchens, homeless shelters, orphanages, and schools.
Outside North America and Australia, the "front line" model is often found. Such food banks give out most or all of their food directly to the end users. For both models, the largest sources of food include for-profit growers, manufacturers, distributors and retailers who in the normal course of business have excess food that they cannot sell. Some foodbanks receive a substantial proportion of their food from individual donors, including their volunteer workers. There is considerable overlap with food salvage, food rescue and gleaning, although not with freeganism or dumpster-diving." [Food bank. Wikipedia]
The organization chart example "Foodbank" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Organizational Charts solution from the Management area of ConceptDraw Solution Park.
Organizational chart
Organizational chart, executive,
The vector stencils library "Management pictograms" contains 72 management pictograms.
Use it to create your management infogram in the ConceptDraw PRO diagramming and vector drawing software.
The flat icons example "Management pictograms - Vector stencils library" is included in the solution "Marketing infographics" from the "Business infographics" area of ConceptDraw Solution Park.
Accounting management
Accounting management, accounting management,
Activity
Activity, activity,
Audit management
Audit management, audit management,
Board of directors
Board of directors, board of directors,
Budget
Budget, budget,
Business managemen
Business managemen, business managemen,
Business management tools
Business management tools, business management tools,
Business model
Business model, business model,
Commanding
Commanding, commanding,
Communication
Communication, communication,
Company
Company, company,
Contract management
Contract management, contract management,
Controlling
Controlling, controlling,
Coordinating
Coordinating, coordinating,
Core competencies
Core competencies, core competencies,
Corporate strategy
Corporate strategy, corporate strategy,
Creativity
Creativity, creativity,
Crisis management
Crisis management, crisis management,
Crisis management 2
Crisis management 2, crisis management,
Decision making
Decision making, decision making,
Environmental management
Environmental management, environmental management,
Expenses
Expenses, expenses,
External environment
External environment, external environment,
Financial management
Financial management, financial management,
Financial management 2
Financial management 2, financial management,
Financial planning
Financial planning, financial planning,
First-level manager
First-level manager, first-level manager,
Goal
Goal, goal,
HR management
HR management, HR management,
Investment management
Investment management, investment management,
IT management
IT management, IT management,
Knowledge management
Knowledge management, knowledge management,
Knowledge management 2
Knowledge management 2, knowledge management,
Leadership
Leadership, leadership,
Macro environment
Macro environment, macro environment,
Management system
Management system, management system,
Managerial accounting
Managerial accounting, managerial accounting,
Manufacturing management
Manufacturing management, manufacturing management,
Market orientation
Market orientation, market orientation,
Marketing management
Marketing management, marketing management,
Marketing strategy
Marketing strategy, marketing strategy,
Middle-level manager
Middle-level manager, middle-level manager,
Mission
Mission, mission,
Objectives
Objectives, objectives,
Operations management
Operations management, operations management,
Organizing
Organizing, organizing,
Performance
Performance, performance,
Performance management
Performance management, performance management,
Planning
Planning, planning,
Policy
Policy, policy,
PR management
PR management, PR management,
Problem solving
Problem solving, problem solving,
Process management
Process management, process management,
Product management
Product management, product management,
Profit
Profit, profit,
Profit 2
Profit 2, profit,
Project management
Project management, project management,
Quality management
Quality management, quality management,
Research and development
Research and development, research and development,
Resource management
Resource management, resource management,
Resources
Resources, resources,
Risk management
Risk management, risk management,
Sales manegment
Sales manegment, sales manegment,
Service management
Service management, service management,
Stakeholder management
Stakeholder management, stakeholder management,
Strategic management
Strategic management, strategic management,
Strategic planning
Strategic planning, strategic planning,
Technology management
Technology management, technology management,
Time frame
Time frame, time frame,
Time management
Time management, time management,
Top-level manager
Top-level manager , top-level manager ,
Vision
Vision, vision,
This sales dashboard sample shows how key performance parameters such as revenue, profit, product's revenue and product's profit change in time using bar charts and line graphs.
The dashboard example "Sales revenue" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Sales Dashboard solution from the Marketing area of ConceptDraw Solution Park.
Sales dashboard
Sales dashboard, line chart, column chart,
This ring chart sample was redesigned from the Wikipedia file: Virtuous circle in management.svg.
"An example of the use of a virtuous circle in management."
[en.wikipedia.org/ wiki/ File:Virtuous_ circle_ in_ management.svg]
"A virtuous circle and a vicious circle (also referred to as virtuous cycle and vicious cycle) are economic terms. They refer to a complex chain of events that reinforces itself through a feedback loop. A virtuous circle has favorable results, while a vicious circle has detrimental results.
Both circles are complexes of events with no tendency towards equilibrium (at least in the short run). Both systems of events have feedback loops in which each iteration of the cycle reinforces the previous one (positive feedback). These cycles will continue in the direction of their momentum until an external factor intervenes and breaks the cycle. The prefix "hyper-" is sometimes used to describe these cycles if they are extreme. The best-known example of a vicious circle is hyperinflation. ...
Example in management.
Virtuous circle.
An employer's investment in his employees’ ability to provide superior service to customers can be seen as a virtuous circle. Effort spent in selecting and training employees and creating a corporate culture in which they are empowered can lead to increased employee satisfaction and employee competence. This can result in superior service delivery and customer satisfaction. This in turn will create customer loyalty, improved sales levels, and higher profit margins. Some of these profits can be reinvested in employee development, thereby initiating another iteration of a virtuous cycle." [en.wikipedia.org/ wiki/ Virtuous_ circle_ and_ vicious_ circle]
The ring chart example "Virtuous circle (management)" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Target and Circular Diagrams solution from the Marketing area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ marketing-target-and-circular-diagrams
Ring chart
Ring chart, doughnut chart, pie chart, ring chart, donut chart,
This circle-spoke diagram sample shows the Porter five forces model. It was designed on the base of the Wikimedia Commons file: Modelo Porter.png. [commons.wikimedia.org/ wiki/ File:Modelo_ Porter.png]
"Porter's five forces analysis is a framework that attempts to analyze the level of competition within an industry and business strategy development. It draws upon industrial organization (IO) economics to derive five forces that determine the competitive intensity and therefore attractiveness of an Industry. Attractiveness in this context refers to the overall industry profitability. An "unattractive" industry is one in which the combination of these five forces acts to drive down overall profitability. A very unattractive industry would be one approaching "pure competition", in which available profits for all firms are driven to normal profit. This analysis is associated with its principal innovator Michael E. Porter of Harvard University. ...
Porter's five forces include – three forces from 'horizontal' competition: the threat of substitute products or services, the threat of established rivals, and the threat of new entrants; and two forces from 'vertical' competition: the bargaining power of suppliers and the bargaining power of customers." [Porter's five forces analysis. Wikipedia]
The hub-and-spoke diagram example "Porter five forces model" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Circle-Spoke Diagrams solution from the area "What is a Diagram" of ConceptDraw Solution Park.
Circle-spoke diagram
Circle-spoke diagram, circle-spoke diagram,

Total Quality Management with ConceptDraw

Total Quality Management (TQM) system is the management method where the confidence in quality of all organization processes is placed foremost. The given method is widely used in production, in educational system, in government organizations and so on.

sales dashboard, sales metrics Sales Dashboard

sales dashboard, sales metrics
Sales Dashboard solution extends ConceptDraw PRO software with templates, samples and library of vector stencils for drawing the visual dashboards of sale metrics and key performance indicators (KPI).