This week’s topics
External Environmental Analysis and Quantification
- PESTLE analysis scoring
- Porter's Five Forces application
- Competitive benchmarking
- Environmental uncertainty profiling
- Porter’s Five Forces | SCMT 4653
- Lecture 24:ENVIRONMENTAL UNCERTAINTY & RESOURCE DEPENDENCY
What you will be able to do
- 4.3 Assess a logistics business’s external environment.
- 4.4 Apply a technique to quantify a logistics business’s external environment.
Activity
Start with this week’s 2 videos, then: Seminar, guided reading and a short written task: assess a logistics business’s external environment.
Study materials
Videos
- Porter’s Five Forces | SCMT 4653 · YouTube · Walton College Supply Chain Management · 13 min · for registered students
- The Five Competitive Forces That Shape Strategy · YouTube · Harvard Business Review · 13 min · for registered students
- Porter's Five Forces of Analysis: How to Determine the Attractiveness of an Industry · YouTube · Alanis Business Academy · 13 min · for registered students
- PESTLE Analysis · YouTube · tutor2u · 9 min · for registered students
Further resources
- Mastering Strategic Management, ch. 3: Evaluating the External Environment · PDF · Saylor Academy, textbook chapter; pp. 71–100 · for registered students
- Principles of Management, ch. 8.3: A firm's external macro environment – PESTEL · PDF · OpenStax, textbook chapter; pp. 223–227 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.