Porter’s 5 Forces: How Competitive Forces Shape Strategy

Porter’s 5 Forces are a framework that enables organisations, academics and entrepreneurs to understand the competitive forces at work in any industry, particularly the one they’re operating in or analysing. The five forces also determine how economic value is divided amongst actors in the industry and can be applied in several settings, including in red […]

10C’s of Effective Supplier Evaluation: How to Choose a Supplier (or How to Not Choose a Supplier)

The 10C’s of Supplier Evaluation is a framework developed by Dr Ray Carter to evaluate the suitability of suppliers. When Carter first released the questions there were only 7C’s but this has since grown by three, it is used to compare suppliers and evaluate who best suits an organisation’s immediate needs and identifies areas of […]