Assignment Details
Using Porter’s Five Forces Model, personal Critical Success Factors (CSFs) and/ personal Key Performance Indicators (KPIs), write a paper explaining how you will overcome threats from each of the five forces while achieving your professional goal(s) after graduation from the MS-IST Program. The paper’s first paragraph must identify and define at least one of your post-graduation professional goals.Paper Requirements: Answer preview:Success in any form of business is mainly attributed to the manner in which the organization in question handles the competition. Competition may greatly affect the operations of a business especially in the case where it is very stiff. Stiff competition often leads to reduced sales especially to companies that have a low competitive advantage which detrimental to business growth. There are various techniques used in the analysis of business activities. A critical examination of Porter’s Five Forces model indicates that it greatly helps in determining the source of power in a business especially by evaluation of the level of competition. With the ability to establish the source of power in a business organization, an individual is able to create an environment that promotes maximization of advantages and improve on areas of weaknesses. Additionally, personal Critical Success Factors are crucial especially in the analysis of the activities of an organization which greatly contribute to the achievement of the set objectives of the organization.Words:1200
