Porter

Michael Porter is a prominent professor and expert in competitive strategy and economics. He is best known for developing concepts like the "Five Forces Framework," which helps analyze the competitive dynamics of an industry, and the "Value Chain," which examines how businesses create value. Porter's ideas guide companies in understanding their market position and improving competitive advantage. His work has significantly influenced business strategy worldwide, making it easier for firms to identify strengths, weaknesses, and opportunities for growth. Porter's contributions are critical in strategic planning and improving organizational performance.