This week’s podcast is on the well-known 5 Forces framework by Michael Porter. I go through some of its limitations and where I think it works best.You can listen to this podcast here or at iTunes, Google Podcasts and Himalaya.Michael Porter's 5 Forces: Bargaining power of suppliers Bargaining power of buyers Threat of Substitutes Barriers to entry / threat of potential entrants Degree of existing competitive rivalry Role of complements?My 4 problems with this are: It doesn’t work for dynamic and non-classical strategy terrains. It doesn’t work for platforms and ecosystems. It doesn’t work with SMILE marathon dimensions, particularly innovation. The addition of complements doesn’t really cover the emergence of a connected, digital world. ———- I write and speak about digital China and Asia’s latest tech trends. I also run Jeff’s Asia Tech Class, a podcast and subscription newsletter on the strategies of China / Asia tech companies. This content (articles, podcasts, website ...