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What Comes First – Business Strategy Or Structure?
Discover clean companies that have the courage and clarity of thought to prioritise strategy over structure.
31 Dec 2019, 02:28 PM IST
Michael Porter’s Five Forces framework grew out of the famous Structure Conduct Performance framework used by Industrial Organisation experts. That framework is no longer a useful way to think about corporate strategy. Great companies are able to change the structure of the industry and thus completely upend the Five Forces framework.
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