The Porter’s Five Forces of data

The business strategy of data

Porter’s Five Forces is a great strategic framework. We’ve used it in business strategy for years. If you aren’t familiar, it is a simple framework that helps businesspeople analyze competition within an industry created by Michael Porter. I’ve been fortunate enough to be at lunch with Michael Porter to discuss other matters and he has lots of good ideas. This is his famous and best known business strategy framework, and he has bad lots other interesting ideas as well.