Information Systems in Banking Hubert Van de Vyver Kiev‚ 1-2 June 2006 This project is funded by the European Union and implemented by ING Institutional & Government Advisory Copyright © 2005 by ING Institutional & Government Advisory Services B.V. Introduction • Use and manage information systems to revitalize business process • Improve business decision making with information technologies • Gain competitive advantage on the market Management Information Systems in Banking - 1 Introduction Key
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What is Porter’s 5 Forces? Porter’s fives forces model is a strategic analysis model that can help analyse a particular environment of a market/sector. It considers the impact and influence of 5 main forces: 1) Competitive Rivalry 2) Power of suppliers 3) Power of buyers 4) Threats of substitutes 5) Threat of new entrants. The above five main factors are key factors that influence industry/market performance; hence it is common sense and practical to find out about these factors when working
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frame work that models an industry as being influenced by five forces. These forces determine the intensity of competition and hence the profitability and attractiveness of an industry. The objective of corporate strategy should be to modify these competitive forces in a way that improves the position of the organization. Porter’s model supports analysis of the driving forces in an industry. Based on the information derived from the Five Forces Analysis‚ management can decide how to influence or to
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threats and sustain market share as a basis for maintaining long-term profitability. Porter’s (1980) five forces framework appears as a useful tool for analyzing industrial environments‚ assessing the position and competitiveness of an organization and developing successful business strategies. Porter’s Five Forces Model illustrates how the competitive landscape in an industry is strongly impacted by five prominent forces. Based on microeconomics‚ they determine the intensity of competition‚ the profitability
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Five force model of PIXAR Threat of new entrants: High Advanced technologies make it difficult for new competitors to enter the market because they have to develop those technologies before effectively competing. The requirement for advanced technologies positively affects PIXAR. The PIXAR has a high level technology development department‚ so the threat of new competitors is the technology. Threat of substitute products or services: Moderate I consider substitute products to be theater or
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Chapter Two – Closing Case: Five Forces in the Beauty Products Industry In the beauty product industry incumbents such as L’Oreal‚ Nivea‚ Shiseido‚ Elizabeth Arden‚ and Max Factor are leaders of the industry. Incumbents have remarkably long staying power in this industry. Their support comes from the richer‚ aging baby boomers in developed economies and an increasingly more influent middle class in emerging economies. The industry leader L’Oreal was founded in 1909 and other companies
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Country: Thailand Country Overview Overview of the Thai Banking Industry To begin with‚ the overall structure of the Thai financial sector is mainly consisted of the Bank of Thailand (BOT)‚ governed by the Ministry of Finance‚ whose duties are to maintain financial stability of the economic system and to supervise financial institutions – commercial banks‚ finance companies‚ credit foncier companies‚ and non-bank such as credit card and other non-collateralized loan activities. Other key
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(Porter‚ 1980). Michael Porter’s five forces model was also subject of other author’s criticism‚ such as Lynch. He explains that although the market is more laid out‚ there are no changes in the industrial environment. The analysis should be used continuously when using this tool. (Lynch‚ 2009‚ p. 101-102) Downes has developed three new forces‚ named Digitalization‚ Globalization‚ and Deregulation. Downes refers to Porter’s five forces model as ‘obsolete’. The three new forces mentioned in the previous
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Resource Based View and Porter’s Five Forces Analysis on Unilever Content 1. Introduction 3 1.1. Concepts of Resource Based View and Porter’s Five Forces 3 1.2. Brief Introduction of Unilever 3 2. Resource Based View Analysis of Unilever 4 2.1. Value System 4 2.2. Objectives and vision 5 2.3. Management structure 5 2.4. Human resources 6 2.5. Image of the company and brand share equity 6 2.6. Physical assets and facilities 7 2.7
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Competitor Analysis Harley Davidson remains as a dominant force in the heavy weight motorcycle industry; upholding 50% share in the heavy weight motorcycles. This year they celebrate their 110th Anniversary proudly as the only major motorcycle manufacturer to completely focus on motorcycles. (Melief‚ Bundgaard & Hathaway‚ 2006) Other major players in the Motorcycle Industry are‚ Honda‚ Yamaha‚ Suzuki that also have their other major product lines inclusive of cars‚ watercraft‚ musical equipment
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