
01 · Competitive rivalry
How intensely do existing firms compete?
Look at concentration, differentiation, switching costs and the structure of competition between firms.
Read rivalry notes →Strategy field notes
Porter's Five Forces is a way to examine the competitive pressure around an industry. This guide explains each force, what to look for, and how to turn observations into a better strategic question.

Five lenses
Each note isolates one force. Use the set together; one attractive signal rarely settles the whole analysis.

01 · Competitive rivalry
Look at concentration, differentiation, switching costs and the structure of competition between firms.
Read rivalry notes →
02 · New entrants
Examine capital, regulation, distribution, scale economies and the responses an incumbent can make.
Read entrant notes →
03 · Supplier power
Map concentration, uniqueness, switching costs and the possibility of taking an activity in-house.
Read supplier notes →
04 · Buyer power
Consider buyer concentration, price sensitivity, information and the cost of changing provider.
Read buyer notes →
05 · Substitutes
Substitutes are not only direct rivals. They can be different products, processes or choices serving the same need.
Read substitute notes →A practical starting point
Begin with observable structure: who supplies, who buys, what can change, and where value leaks away. A written explanation is usually more useful than a decorative high-medium-low chart.