Dear listeners of my podcast Today, I start the next mini-series dedicated to #SWOT #analysis. I am a big #critic of the analysis, but don't get me wrong - I like the #strategicmanagement #tool if it is applied correctly. This happens, unfortunately, more seldom than I would wish. In this episode, I mention some of the #criticisms and, in doing so,…

Dear listeners! Today, we are finalising our series dedicated to #5forces #framework by #Porter. In addition to the original framework, Grant and Jordan (2015) suggested two more #forces - #complements and #government. In this episode, we talk about the last 7th force - the government. Enjoy, share, comment, and subscribe - as always, it does matte…

Welcome, dear listeners! Today, I elaborate on what other forces are missing in the #5forces #framework by #Porter. One of the suggestions from GRant and Jordan (2015) would be the inclusion of 6th #force - #comlements. Complements should have the opposite effect of #substitutes on your core product. Enjoy, comment, and share - it does matter ;) Be…

Welcome to the next episode, dear listeners! Today, we discuss the final driver for the 5th force in the #5forces #framework by #Porter. We talk about the ability to integrate vertically (#insourcing) and its impact on the #bargainingpower of #buyers and #suppliers. Enjoy, comment, and share - it does matter! Sincerely Eugene (Yevgen)…

Welcome, dear listeners, today, I talk about the next driver influencing the #bargainingpower of #buyers or #suppliers - one of the forces in the #5forces #framework by #Porter. Have you considered that the clearer it is what you do, the less people are willing to pay for this? What about you? How often are you not willing to pay a high price, if y…

Welcome to my next episode, dear listeners! Today, I talk about the influence of concentration and size of #buyers (the same relates to #sellers) on their bargaining power # one of the five #forces in the #5forces #framework by #Porter. It is an obvious relationship but maybe you haven't thought of it yet. Enjoy, share, comment, and subscribe - it …

Welcome to my new episode! I know it was a long break but I had a very good reason (family) to skip some episodes. Today, I continue and start with the topic of the relation of buyer's product quality to the supplied parts. Enjoy, share, subscribe, and comment - it does matter! Best Eugene (Yevgen)By Yevgen Bogodistov

Welcome, dear listeners! Today, I dedicate the episode of my #podcast to the influence of #competition among #buyers on the #bargaining power of a #supplier. A short example illustrates the importance of this driver for the #bargainingpower as a force in the e#5forces #framework by #Porter. Enjoy, comment, and subscribe - it does matter! Best Eugen…

Dear listeners In this episode, I continue elaborating on the #bargainingpower - one of the #5forces #framework forces by #Porter. Today, I talk about the #productdifferentiation and its influence on the #switchingcosts. Enjoy this short episode, give me a like, and comment - it does matter! Best Eugene (Yevgen)…

Dear listeners I have an interesting #podcast episode today: I start elaborating on a new force in the #fiveforces framework by Porter - Bargaining Power over Suppliers (which I combine with the #BargainingPower of Buyers). Today, I talk about one of the #drivers for this force - the proportion of #costs of an item in the final product (or service)…

Hello, dear listeners! Today, we finalise the "#Rivalry among #Competitors" - one of the five forces in the #5forces #framework by #Porter. In this episode, I talk about two related drivers for this force - #economiesofscale and Ratio of #Fixed to #Variable #costs. I hope that you will like my examples. Enjoy! Best Eugene (Yevgen)…

Hello, dear listners, I am glad to share with you the next episode of my #management #research #podcast. This time I talk about two drivers of the rivalry among competitors (one of the #forces in the #5forces #framework by #Porter). I explain the role of Excess Capacities and Exit Barriers in heating the price competition. Enjoy, comment, share, an…

Welcome, dear friends and colleagues, today, I share the next episode in my #management #research #podcast dedicated to the #fiveforces framework by #Porter. In this episode, I talk about the #product #differentiation. I try to extrapolate this knowledge to the individual level. If you are a #jobseeker, this episode might help you understand how to…

Welcome, dear listeners! Welcome to the new episode of the #management #research #podcast. Today, we start working on the new force from the #5forces framework by #Porter: #rivalry among #competitors. In this specific #episode, I introduce you to the two drivers for this force - #concentration and #diversity of #competitors. As you have noticed, I …

Welcome, dear listeners, Today, we finalise one of the forces in the #5forces framework by #Porter. We talk about the relative effectiveness of the barriers that we mentioned in the previous episodes. We often forget to think that laws change, customer preferences change, and even very distinct firms approximate each other in their business models …

Welcome, dear listeners, In this episode, I talk about #retaliation #strategy or retaliation actions. This is one of the anticipated drivers for the Threat of Entry - one of the forces in the e#5forces framework by #Porter. The main idea is that the fact that incumbent market players may retaliate if you (try to) join their market may hinder you fr…

Hello and welcome to the next episode of my podcast! Today, we continue talking about the #5forcesframework of #Porter. In particular, we discuss the next driver of the #threatofentry - #legalbarriers. You may be lucky to enjoy the #protectedmarket or unlucky to have a very open and #easy-to-enter #market. The trick is that these barriers may appea…

Hello, dear listeners! Today, I continue with the topic of the #threatofentry. As the next driver of this force from the #forces #framework by #Porter, I elaborate on the access to the #distributionchannels. I wish I could provide you with an example of success, but in this episode, I talk about a failed idea. But, we learn from our mistakes, hopef…

Dear listeners I see that the names for the episode become longer ;) The reason is a bit complex #structure of the course of #strategicmanagement. But we'll manage to establish a good understanding of the course. In this episode, I talk about the product #differentiation. The more different your products are from the competitors' products, the hard…

Welcome, dear listeners, Today, I continue elaborating on the #threatofentry as a force in the #5forces framework by Porter. We talk about the #absolutecostadvantage - a tangible, intangible, or human resource that allows firms to easily join the market and become successful. Don't forget to share, comment, subscribe, and enjoy! Best Eugene (Yevgen…

Welcome, dear friends and listeners, Today, we continue elaborating on the topic of #threatofentry - one of the forces in the #5forces framework by #Porter. We talk about the next driver - a factor that can increase or decrease the threat of someone joining your market. We talk about the #economiesofscale. Enjoy the examples, share yours in the com…

Hello and welcome to the next episode of my #management #research #podcast, dear listeners! Today, we start elaborating on the next #force in the #5forces #framework of #porter - the #threatofentry. The threat of entry is driven by several factors. I discuss one of these factors in this episode - the #capitalrequirements. Enjoy, share, subscribe, a…

Welcome, dear listeners! Today, we are talking about the #5forces framework by #porter. One of the forces that shape the market and should influence your success is the #threatofsubstitutes. #substitutes are the #products (or #services) that are different in nature but may offer you a similar result. Think of butter vs margarine - different in natu…

Welcome to the next episode in my Strategic Management series! Today, we talk about two #theories (or views) about how to achieve a #sustained #competitiveadvantage. While the Market-based View (#mbv) focuses on the market and industry analysis, the Resource-based View (#rbv) focuses on the firm's internal #resources and #comeptencies (or #capabili…

Welcome dear listeners! Today, I talk about the three main #drivers of #profit of a #firm. These are the #intensity of #competition, #value for the #customer (and it is not the #price), and the #bargaining power over a customer. Enjoy, share, subscribe, and comment - it does matter! Best Eugene (Yevgen)…

Welcome! Today, I continue elaborating on the topic of #pathdependency. In this episode, I provide you with some examples of path dependencies but also with examples of how you can apply the #theory to make your personal or business life better! Enjoy, share, comment, and subscribe - it does matter! Best Eugene (Yevgen)…

Welcome, dear listeners, In my new episode, I talk about the #pathdependency theory and explain why we use the #QWERTY keyboard. Path dependency is a very powerful, yet a bit deterministic #theory which is of great importance for a good #strategist. Enjoy, subscribe, share, and comment - it does matter! Faithfully Eugene (Yevgen)…

Welcome, dear listeners! Today, I talk about one of the tools for the #environmental #analysis in #strategicmanagement - #pest. PEST stands for #political, #economic, #social (& #cultural), and #technological factors. Although the tool is vague and has plenty of issues (I mention those briefly), it is the best that we have for now. So, apply it wis…

Welcome, dear listeners! Today, I talk about differences in #strategicmanagement for #nonprofit #organisations. Interestingly, some scholars argue that non-profit organisations work in a different environment and, thus, economic mechanisms work for them differently. So, can we apply the knowledge from the field of strategic management or do we need…

Welcome, dear listeners, to the next episode of my #managementresearch #podcast! Today, I briefly talk about #Corporate #Social #Responsibility (#csr) and the reason why this topic is debated. There is no clear view on CSR in any country, but we know that responsible acting is something desired. But why do many fail in pursuing CSR? Or why do we ha…

Welcome, dear friends and listeners! In today's show, I talk about the #stakeholders and a simple way to organise them and #manage them. Based on the two scales - level of interest and level of power - stakeholders can be approached in a structured way. When developing your #strategy, you should always think about whose #interest you are developing…

Welcome, dear listeners, to the next #episode in my #management #research #podcast! Today, I talk about the roles of strategy: - decision-making support, - coordination device, - targeting and motivation, and - animation and orientation. Enjoy and share your thoughts in the comment section below! Best Eugene (Yevgen)…

Welcome, dear listeners, to the next #episode in the #management #research #podcast! Today, I talk about the intended and emergent strategy. These are two opposing poles in the approach to #strategising. Would you make a very precise plan and stick to it (#intendedstrategy) or will you try to remain flexible and grasp any opportunity that emerges o…

Dear friends In my previous episode, I gave examples of strategic moves in #warinukraine. In this episode, I give a definition and provide you with some examples of #strategic moves at an individual's and a firm's level. In the end, I also share with you my vision regarding #tourism #investments in #Tyrol and #Innsbruck that I hold for wrong strate…

Hello, dear listeners, Today's episode will give examples of #strategic #moves in the #active #phase of the #warinukraine. The most active phase of the #war started in 2022, while the war has been going on since 2014. After February 2022, one could trace several strategic moves (it is not the whole strategy, of course), i.e. decisions that shaped t…

Welcome to my new #managementresearch #podcast episode! Today, I discuss #strategy as #positioning and strategy as #direction. Suppose you want to be successful and have motivated personnel. In that case, you have to define your correct #corporate and #business strategy as positioning first - which industry are you competing in and how are you comp…

Hello, dear listeners, in today's #episode, I discuss the difference between the terms "#corporate #strategy" and "#business #strategy". I also give some examples for both. Enjoy, #share, #subscribe, and #comment - it does matter. Best Eugene (Yevgen)By Yevgen Bogodistov

Welcome, dear listeners! In today's #episode, I am talking about the origins of #strategy. Interestingly, the strategy in #business has a lot in common with the strategy in #military. According to some scholars, business took over the ideas, structure, and work organising from those organisations we have been good at since the beginning of mankind.…

Welcome, dear listeners! My students often ask me to give some #examples during our #strategic #management course. I use examples from different fields. Yet, many are now interested in #chess after the new movie “The Queen’s Gambit” (2021) or because chess is associated with #wisdom and #intelligence. At least, about half of the students from my cl…

Welcome, dear listeners, to the next #episode in my new mini-series dedicated to #strategicmanagement! Today, I talk about, what I call, three pillars of a #successful #strategy. The pillars are very simple, but these are exactly the simple things that are hard to follow... In #strategic #management, the planning horizon is so big and the complexit…

Hello and welcome to my new mini-series on Strategic Management! Today, I have an introductory episode where I focus on two types of #thinking - a low level of #construal (#concrete) and a high level of construal (#abstract) thinking. In #strategicmanagement, you mostly need very abstract thinking as your decisions have a time horizon of 3 to 5 yea…

Happy New Year, dear listeners! This episode is just a summary of what we have done together. I also explain why this podcast appeared and the plans for next year. Enjoy, subscribe, and leave your comments! With the best wishes for the new year Eugene (Yevgen)By Yevgen Bogodistov

Welcome, dear listeners, today, I share the next episode of my #management #research #podcast. In this episode, I address one of your suggestions regarding the current topic - #psychological #games by Eric #Berne. In his suggestion, Mr @Despotovic proposed to treat three ego states as three types of identity (i.e., applying the #identitytheory). Al…

Hello and welcome to my podcast, dear friends and guests, Today, I continue with our mini-series on #psychological #games as postulated by Eric #Berne. In this #management #research #podcast episode, I briefly explain how to avoid psychological games, especially if there was an "official call" - the #game has been announced in front of a #team and …

Hello and welcome dear friends In this episode, we continue talking about #psychological #games as suggested by Eric #Berne. When analysing how people interact with each other, Eric Berne discovered that some games can be positive for both parties. In this episode, I provide you with an example of such a #game. Moreover, I briefly discuss whether o…

Welcome, dear listeners, to the next episode of my #management #research #podcast! Today, I present you another #psychological #game suggested by Eric #Berne in his book "Games People Play" - #NIGYSOB. This is an interesting game as I observe it in several #relationships in #business and #family. More about the game in this #episode. Enjoy, #commen…

Hello dear listeners! Today, I give you an #example of a #psychological #game called "Kick Me" in the book of Eric Berne. This game is about #victim #behaviour. It also explains why the #victim - #aggressor #relationships are relatively stable and even tend to get entrenched in people's behaviour and even become a lifestyle. If you know "victims" -…

Welcome to the next episode in my mini-series dedicated to #psychological #games as suggested by worldwide known #psychoanalyst Eric #Berne. In this episode, I briefly explain game dynamics and provide an example of a (as to my experience) trendy psychological game played in the office. This game, as well as many other games, leads to the emotional…

Hello, dear listeners! I am happy to post the next episode in my mini-series on #psychologicalgames as suggested by Eric #Berne. In this #episode, we talk about the #congruent modes of relationships - those that do not cause conflicts. At the end, we also shortly address the two types of #incongruent #relationships - those that usually lead to #con…

Hello and welcome to my next episode in the mini-series dedicated to #psychological #games as postulated by Eric #Berne! In this episode, I discuss the key element in this #theory - three #ego states. Berne argues that in any conversation it is not only person A is talking to person B but at a meta-level one of the ego states of person A communicat…