Strategic Models: Porter’s Five Forces, Ansoff Matrix, VRIN, SWOT Analysis

Strategic Models

STRATEGIC MODEL 1
Contents
Introduction...........................................................................................................................................2
Strategic Models....................................................................................................................................2
Porter’s Five Forces Framework........................................................................................................2
Ansoff Matrix....................................................................................................................................3
Resources based view (VRIN)...........................................................................................................4
SWOT Analysis.................................................................................................................................5
Conclusion.............................................................................................................................................5
References.............................................................................................................................................7

STRATEGIC MODEL 2
Introduction
The main aim of this report is to enhance the knowledge of strategic models. The companies
adopt the strategies to achieve the goals and objective. It is required for the company to
analyse the environment in order to implement the effective strategies. Strategic management
is the process that contains the different tools such as PESTLE, SWOT Analysis, Porter’s
Five Forces Framework, Ansoff Matrix and many others (Rothaermel, 2015). Woolworths
has been taken into consideration to analyse the environment with the help of strategic tools.
In this report, the discussion is made on the strategic tools with the example of Woolworths.
Porters Five Forces Framework, SWOT Analysis, Ansoff Matrix and Resource based view
will be explained in this report.

STRATEGIC MODEL 3
Strategic Models
Porter’s Five Forces Framework
It is a framework which is deign by the porter in order to analyse the industry. It is a simple
tool but useful for understanding the competitive environment of the industry for the
company. It affects the profitability ratio and helps to adopt the strategy according to the
environment (CGMA, 2018). This tool contains the five approaches in which the industry of
the organisation has been evaluated in the different terms and areas. These are threat of
competitors, threat of substitute, threat of new entrants, bargaining power of suppliers and
bargaining power of buyers. These approaches analyse the every part of the industry but in
the different terms and factors.
Porter’s five forces of Woolworths
Threat of new entrants
 Low Degree
 Existing companies have high value
of goodwill
 Difficult to enter the market
Bargaining power of Supplier
 High Degree
 Attracted by those companies who
have large market share
Bargaining power of Buyer
 High Degree
 Similar services provided by many
companies
 Offering low price to attract
consumers
Threat of competitors
 High Degree
 Asda, Coles and Wesfarmers are the
many other companies who offers the
similar services
 High competition among the