Dear listeners!

Today, we are finalising our series dedicated to #5forces #framework by #Porter. In addition to the original framework, Grant and Jordan (2015) suggested two more #forces - #complements and #government. In this episode, we talk about the last 7th force - the government. 

Enjoy, share, comment, and subscribe - as always, it does matter!

Best

Eugene (Yevgen)

Welcome, dear listeners!

Today, I elaborate on what other forces are missing in the #5forces #framework by #Porter. One of the suggestions from  GRant and Jordan (2015) would be the inclusion of 6th #force - #comlements.

Complements should have the opposite effect of #substitutes on your core product.

Enjoy, comment, and share - it does matter ;)

Best

Eugene (Yevgen)

Hello, dear listners,

I am glad to share with you the next episode of my #management #research #podcast. This time I talk about two drivers of the rivalry among competitors (one of the #forces in the #5forces #framework by #Porter). I explain the role of Excess Capacities and Exit Barriers in heating the price competition. 

Enjoy, comment, share, and subscribe - it does matter!

Best

Eugene (Yevgen)

Welcome, dear friends and colleagues,

today, I share the next episode in my #management #research #podcast dedicated to the #fiveforces framework by #Porter. In this episode, I talk about the #product #differentiation.  I try to extrapolate this knowledge to the individual level. If you are a #jobseeker, this episode might help you understand how to correctly #position yourself in the #jobmarket.

Enjoy, subscribe, share, and comment - it does matter!

Best

Eugene (Yevgen)

Welcome, dear listeners!

Welcome to the new episode of the #management #research #podcast. Today, we start working on the new force from the #5forces framework by #Porter: #rivalry among #competitors. In this specific #episode, I introduce you to the two drivers for this force - #concentration and #diversity of #competitors.  

As you have noticed, I shortened the name of the episode - #YouTube complained about the length of the name of the previous episode ;)

Enjoy, share, comment, and subscribe - it does matter!

Best

Eugene (Yevgen)

Welcome, dear listeners,

Today, we finalise one of the forces in the #5forces framework by #Porter. We talk about the relative effectiveness of the barriers that we mentioned in the previous episodes. We often forget to think that laws change, customer preferences change, and even very distinct firms approximate each other in their business models and product designs. Consequently, what we saw as a barrier yesterday, may not exist today.

Moreover, the more protected a market is, the more profitable, and, in turn, the more interesting it is for your competitors.

Enjoy, share, subscribe, and comment - it does matter!

Best

Eugene (Yevgen)

Welcome, dear listeners,

In this episode, I talk about #retaliation #strategy or retaliation actions. This is one of the anticipated drivers for the Threat of Entry - one of the forces in the e#5forces framework by #Porter. The main idea is that the fact that incumbent market players may retaliate if you (try to) join their market may hinder you from entering the market. Yet, this driver is related to the intensity of competition - the higher the competition, the harder it is to retaliate for dispersed incumbents. If the market is being dominated by a few firms with plenty of resources, such actions are nothing but #signalling. And not only to you, but also to other potential entrants and, thus, a desired strategy. 

Good luck and subscribe, share, and comment - it does matter!

Best

Eugene (Yevgen)

Hello and welcome to the next episode of my podcast!

Today, we continue talking about the #5forcesframework of #Porter. In particular, we discuss the next driver of the #threatofentry - #legalbarriers. You may be lucky to enjoy the #protectedmarket or unlucky to have a very open and #easy-to-enter #market. The trick is that these barriers may appear and disappear and it is better to be prepared for this situation.

Enjoy, subscribe, share, and comment - it does matter.

Best

Eugene (Yevgen)

Hello, dear listeners!

Today, I continue with the topic of the #threatofentry. As the next driver of this force from the #forces #framework by #Porter, I elaborate on the access to the #distributionchannels. I wish I could provide you with an example of success, but in this episode, I talk about a failed idea. But, we learn from our mistakes, hopefully. ;)

Enjoy, comment, share, and subscribe - it does matter!

Best

Eugene (Yevgen)

Dear listeners

I see that the names for the episode become longer ;) The reason is a bit complex #structure of the course of #strategicmanagement.  But we'll manage to establish a good understanding of the course. 

In this episode, I talk about the product #differentiation. The more different your products are from the competitors' products, the harder it is to switch for the customers. Interestingly, it works in both ways: your customers have it hard to #switch to your #competitors, but also your competitors' customers have it hard to switch to your product. 

Enjoy, share your thoughts in the comments section, subscribe, and share - it does matter!

Best

Eugene (Yevgen)

Welcome, dear listeners,

Today, I continue elaborating on the #threatofentry as a force in the #5forces framework by Porter. We talk about the #absolutecostadvantage - a tangible, intangible, or human resource that allows firms to easily join the market and become successful. 

Don't forget to share, comment, subscribe, and enjoy!

Best

Eugene (Yevgen)

Welcome, dear friends and listeners,

Today, we continue elaborating on the topic of #threatofentry - one of the forces in the #5forces framework by #Porter. We talk about the next driver - a factor that can increase or decrease the threat of someone joining your market. We talk about the #economiesofscale.

Enjoy the examples, share yours in the comment section, and subscribe - it does matter!

Best

Eugene (Yevgen)

Welcome to the next episode, dear listeners!

Today, we discuss the final driver for the 5th force in the #5forces #framework by #Porter. We talk about the ability to integrate vertically (#insourcing) and its impact on the #bargainingpower of #buyers and #suppliers. 

Enjoy, comment, and share - it does matter!

Sincerely

Eugene (Yevgen)

Hello and welcome to the next episode of my #management #research #podcast, dear listeners!

Today, we start elaborating on the next #force in the #5forces #framework of #porter - the #threatofentry. The threat of entry is driven by several factors. I discuss one of these factors in this episode - the #capitalrequirements.  

Enjoy, share, subscribe, and comment - it does matter!

Best

Eugene (Yevgen)

Welcome, dear listeners!

Today, we are talking about the #5forces framework by #porter. One of the forces that shape the market and should influence your success is the #threatofsubstitutes. #substitutes are the #products (or #services) that are different in nature but may offer you a similar result. Think of butter vs margarine - different in nature (made of milk vs sunflower oil) but both may be used for breakfast. Moreover, the conditions of usage have an impact on the #propensitytosubsitute: while margarine for breakfast is seldom preferred, margarine for backing easily substitutes butter and only a few can taste the difference.

Enjoy this #episode, #subscribe, #comment, and #share - it does matter!

Best

Eugene (Yevgen) 

Welcome to the next episode in my Strategic Management series!

Today, we talk about two #theories (or views) about how to achieve a #sustained #competitiveadvantage. While the Market-based View (#mbv) focuses on the market and industry analysis, the Resource-based View (#rbv) focuses on the firm's internal #resources and #comeptencies (or #capabilities). After years of academic debate, we discovered that firms need both and that there are minor contradictions and both can be applied simultaneously.

Enjoy, comment, subscribe, and share - it does matter!

Best

Eugene (Yevgen)

Welcome dear listeners!

Today, I talk about the three main #drivers of #profit of a #firm. These are the #intensity of #competition, #value for the #customer (and it is not the #price), and the #bargaining power over a customer.

Enjoy, share, subscribe, and comment - it does matter!

Best

Eugene (Yevgen)

Welcome!

Today, I continue elaborating on the topic of #pathdependency. In this episode, I provide you with some examples of path dependencies but also with examples of how you can apply the #theory to make your personal or business life better! 

Enjoy, share, comment, and subscribe - it does matter!

Best

Eugene (Yevgen)

Welcome, dear listeners,

In my new episode, I talk about the #pathdependency theory and explain why we use the #QWERTY keyboard. Path dependency is a very powerful, yet a bit deterministic #theory which is of great importance for a good #strategist. 

Enjoy, subscribe, share, and comment - it does matter!

Faithfully

Eugene (Yevgen)

Welcome, dear listeners!

Today, I talk about one of the tools for the #environmental #analysis in #strategicmanagement - #pest. PEST stands for #political, #economic, #social (& #cultural), and #technological factors. Although the tool is vague and has plenty of issues (I mention those briefly), it is the best that we have for now. So, apply it wisely and learn the weaknesses before analysing the market environment!

Share, subscribe, comment, and enjoy - it does matter!

Best

Eugene (Yevgen)

Welcome, dear listeners!

Today, I talk about differences in #strategicmanagement for #nonprofit #organisations. Interestingly, some scholars argue that non-profit organisations work in a different environment and, thus, economic mechanisms work for them differently. So, can we apply the knowledge from the field of strategic management or do we need a specific -#strategic #management for non-profits? In this #podcast episode, I try to give an answer to this question.

Enjoy, share, subscribe, and comment - it does matter!

Best

Eugene (Yevgen) 

Welcome, dear listeners, to the next episode of my #managementresearch #podcast!

Today, I briefly talk about #Corporate #Social #Responsibility (#csr) and the reason why this topic is debated. There is no clear view on CSR in any country, but we know that responsible acting is something desired. But why do many fail in pursuing CSR? Or why do we have so many visions of the concept? Why are firms not always happy if being asked to act more responsibly?

I try to answer some of these questions in this episode. Please share your opinion on the issue and give your examples of (un)successful CSR policies.

Best

Eugene (Yevgen) 

Welcome, dear friends and listeners!

In today's show, I talk about the #stakeholders and a simple way to organise them and #manage them. Based on the two scales - level of interest and level of power - stakeholders can be approached in a structured way. When developing your #strategy, you should always think about whose #interest you are developing it.

Enjoy, subscribe, share, and comment - I am eager to know your opinion!

Best

Eugene (Yevgen)

Welcome, dear listeners,

today, I talk about the next driver influencing the #bargainingpower of #buyers or #suppliers - one of the forces in the #5forces #framework by #Porter. Have you considered that the clearer it is what you do, the less people are willing to pay for this? What about you? How often are you not willing to pay a high price, if you (don't) know the background information?

Enjoy this episode, share it with your friends to help them negotiate better, and comment - it does matter!

Best

Eugene (Yevgen)

Welcome, dear listeners, to the next #episode in my #management #research #podcast!

Today, I talk about the roles of strategy:

- decision-making support,

- coordination device,

- targeting and motivation, and

- animation and orientation.

Enjoy and share your thoughts in the comment section below!

Best

Eugene (Yevgen)   

Welcome, dear listeners, to the next #episode in the #management #research #podcast!

Today, I talk about the intended and emergent strategy. These are two opposing poles in the approach to #strategising. Would you make a very precise plan and stick to it (#intendedstrategy) or will you try to remain flexible and grasp any opportunity that emerges on the market (#emergentstrategy)? In real life, the #strategies and strategising of firms and individuals are somewhere in between.

Enjoy, share, comment, and subscribe - it does matter!

Best

Eugene (Yevgen)

Dear friends

In my previous episode, I gave examples of strategic moves in #warinukraine. In this episode, I give a definition and provide you with some examples of #strategic moves at an individual's and a firm's level. In the end, I also share with you my vision regarding #tourism #investments in #Tyrol and #Innsbruck that I hold for wrong strategic moves, by the way. 

I am eager to hear your examples and feedback! Use the comment section below to share your thoughts and ideas.

Best

Eugene (Yevgen)

Hello, dear listeners,

Today's episode will give examples of #strategic #moves in the #active #phase of the #warinukraine. The most active phase of the #war started in 2022, while the war has been going on since 2014. 

After February 2022, one could trace several strategic moves (it is not the whole strategy, of course), i.e. decisions that shaped the #battlefield for weeks, months, and years. Think of one of my previous episodes with the example from the #chess #game. In a war, the logic is the same, yet more #complex, more #uncertain, and #unpredictable. Tough #planning is, therefore, impossible. But a good strategic move can make your further play/war easier, providing you with more #flexibility and #decisionpower.

Learn from this episode and share your thoughts in the comments section.

Best

Eugene (Yevgen)

Welcome to my new #managementresearch #podcast episode!

Today, I discuss #strategy as #positioning and strategy as #direction. Suppose you want to be successful and have motivated personnel. In that case, you have to define your correct #corporate and #business strategy as positioning first - which industry are you competing in and how are you competing right now? Yet, it is not sufficient as people need a goal. So, you need to add your personnel a feeling of perspective - where you want to be in a few years and how you want to compete by then. This is called "strategy as direction". 

In this episode, I elaborate on this topic and give imaginary and real examples from the #mci strategy.

Enjoy and share your ideas. By the way, how do you see our strategy? How do you see the strategy of your firm?

Best

Eugene (Yevgen)

Hello, dear listeners,

in today's #episode, I discuss the difference between the terms "#corporate #strategy" and "#business #strategy". I also give some examples for both. 

Enjoy, #share, #subscribe, and #comment - it does matter. 

Best

Eugene (Yevgen)

Welcome, dear listeners!

In today's #episode, I am talking about the origins of #strategy. Interestingly, the strategy in #business has a lot in common with the strategy in #military. According to some scholars, business took over the ideas, structure, and work organising from those organisations we have been good at since the beginning of mankind. It seems that humankind learned to fight long before it learned to do business. Would you agree?

Enjoy, #comment, #share, and #subscribe - it does matter. Not because of #monetisation (I don't have any) but because I want to know how many of you listen to the episodes and read the description ;)

Best

Eugene (Yevgen) 

Welcome, dear listeners!

My students often ask me to give some #examples during our #strategic #management course. I use examples from different fields. Yet, many are now interested in #chess after the new movie “The Queen’s Gambit” (2021) or because chess is associated with #wisdom and #intelligence. At least, about half of the students from my class know how to play chess and about 5 per cent say they are good at chess. Consequently, I ask them what are examples of "strategic moves" in chess.   

In this episode, I elaborate on the example from chess to illustrate the strategic moves for your firm or for your personal career.

If you enjoy this episode, #share, #subscribe, and #comment - it does matter!

Best

Eugene (Yevgen)

Welcome, dear listeners, to the next #episode in my new mini-series dedicated to #strategicmanagement!

Today, I talk about, what I call, three pillars of a #successful #strategy. The pillars are very simple, but these are exactly the simple things that are hard to follow... In #strategic #management, the planning horizon is so big and the complexity is so high that the three pillars may require plenty of time to elaborate on them. Would you agree?

I hope you enjoy the #podcast. Feel free to #comment, #share, and #subscribe - it does matter!

Best

Eugene (Yevgen) 

Hello and welcome to my new mini-series on Strategic Management!

Today, I have an introductory episode where I focus on two types of #thinking - a low level of #construal (#concrete) and a high level of construal (#abstract) thinking. In #strategicmanagement, you mostly need very abstract thinking as your decisions have a time horizon of 3 to 5 years! This is one of the reasons why some students are very good at #strategic management - they can easily switch to a high level of abstraction and think forward.

As promised in the episode, I provide you with a map that I used last year in my class: https://www.researchgate.net/publication/365712524_Strategic_Management_Treasure_Map

To draw this map, I used the free (basic) account of #Inkarnate (https://inkarnate.com/). You can try it out, if you want.

Don't forget to #comment, #share, #subscribe, and #enjoy! 

Best

Eugene (Yevgen) 

Welcome to my next episode, dear listeners!

Today, I talk about the influence of concentration and size of #buyers (the same relates to #sellers) on their bargaining power # one of the five #forces in the #5forces #framework by #Porter. It is an obvious relationship but maybe you haven't thought of it yet.

Enjoy, share, comment, and subscribe - it does matter!

Best

Eugene (Yevgen)

Happy New Year, dear listeners!

This episode is just a summary of what we have done together. I also explain why this podcast appeared and the plans for next year. 

Enjoy, subscribe, and leave your comments!

With the best wishes for the new year

Eugene (Yevgen)

Welcome, dear listeners,

today, I share the next episode of my #management #research #podcast. In this episode, I address one of your suggestions regarding the current topic - #psychological #games by Eric #Berne. In his suggestion, Mr @Despotovic proposed to treat three ego states as three types of identity (i.e., applying the #identitytheory). Although there are some issues with the compatibility of this view:

a. #identity types can be combined more easily

b. parent role integrated both the #roleidentity (parent) and #socialgroup belonging (parents talking to each other)

c. the theory by Berne focuses on communication only while identity theory has a broader scope

still the suggestion is VERY good and may indicate an interesting avenue for future research and maybe even #reconciliation of these theories.

Enjoy, comment, share, and send me your ideas!

Best

Eugene (Yevgen)

Hello and welcome to my podcast, dear friends and guests,

Today, I continue with our mini-series on #psychological #games as postulated by Eric #Berne. In this #management #research #podcast episode, I briefly explain how to avoid psychological games, especially if there was an "official call" - the #game has been announced in front of a #team and you cannot individually avoid playing. 

I wish you all the best in your communication! Feel free to share your thoughts and ideas and let me know what you want to listen to in the next episodes!

Enjoy, share, subscribe, and comment - it does matter!

Best

Yevgen (Eugene)

PS. I apologise for the 1-week-delay - I had a stressful week and weekend and could not upload the new episode.

Hello and welcome dear friends

In this episode, we continue talking about #psychological #games as suggested by Eric #Berne. When analysing how people interact with each other, Eric Berne discovered that some games can be positive for both parties. In this episode, I provide you with an example of such a #game. Moreover, I briefly discuss whether one should engage in playing both #positive and #negative games. 

Enjoy, share, comment, and subscribe - it does matter, at least to me personally.

Best

Eugene (Yevgen) 

Welcome, dear listeners, to the next episode of my #management #research #podcast!

Today, I present you another #psychological #game suggested by Eric #Berne in his book "Games People Play" - #NIGYSOB. This is an interesting game as I observe it in several #relationships in #business and #family. More about the game in this #episode.

Enjoy, #comment, #share, and #subscribe - how else can I know that you are interested?! ;)

Best

Eugene (Yevgen) 

Hello dear listeners!

Today, I give you an #example of a #psychological #game called "Kick Me" in the book of Eric Berne. This game is about #victim #behaviour. It also explains why the #victim - #aggressor #relationships are relatively stable and even tend to get entrenched in people's behaviour and even become a lifestyle. If you know "victims" - those to whom something constantly happens and who say "Why is it always happening to me?!", you might be interested in this episode.

Good luck and don't forget to share this episode with people you value. Feel free to subscribe and comment to share your ideas and give me inspiration for the next episodes!

Best

Eugene (Yevgen)

Welcome to the next episode in my mini-series dedicated to #psychological #games as suggested by worldwide known #psychoanalyst Eric #Berne. In this episode, I briefly explain game dynamics and provide an example of a (as to my experience) trendy psychological game played in the office. This game, as well as many other games, leads to the emotional exhaustion of one of the parties participating in this game, unfortunately. 

Listen to this episode to avoid this #trap and to understand in which situations your conversation is not a true conversation but just a collection of #psychological moves aiming at #suppression or evoking #anger. 

Enjoy, #share, #comment, and #subscribe - it does matter!

Best

Eugene (Yevgen)

Hello, dear listeners!

I am happy to post the next episode in my mini-series on #psychologicalgames as suggested by Eric #Berne. In this #episode, we talk about the #congruent modes of relationships - those that do not cause conflicts. At the end, we also shortly address the two types of #incongruent #relationships - those that usually lead to #conflicts.

Feel free to share your observations in the comments section - I am eager to know whether the suggestions by Eric Berne hold for your observations. 

Good luck and don't forget to subscribe, share, and comment - it does matter!

Best

Eugene (Yevgen)

Hello and welcome to my next episode in the mini-series dedicated to #psychological #games as postulated by Eric #Berne!

In this episode, I discuss the key element in this #theory - three #ego states. Berne argues that in any conversation it is not only person A is talking to person B but at a meta-level one of the ego states of person A communicates with the ego state of person B. Berne suggests three #egos - #Child-I, #Parent-I, and #Adult-I. Consequently, no matter what is being said, the #conversation can run between two children, two parents, two adults, or a parent and a child. 

This element is crucial to understanding why we sometimes end up with #conflicts or how #psychilogocialgames come to life. About these topics, I will talk in the next episode of my #podcast.

Please share, comment, and subscribe - it does matter!

Best

Eugene (Yevgen)

Hello and welcome, dear listeners!

Today, I start a new #podcast mini-series dedicated to the #transactional #analysis as postulated by @Eric Berne. His ideas may help you understand the issues in #communication and prevent #conflicts in your #team or even in your #privatelife.

In this episode, I briefly introduce the #scholar. In the next episode, we will talk about his #theory and how it can be observed in #humancommunication.

Wish you all the best! Don't forget to #subscribe, #comment, and #share this episode with your friends and #colleagues!

Best

Eugene (Yevgen)

Welcome to my new episode!

I know it was a long break but I had a very good reason (family) to skip some episodes. Today, I continue and start with the topic of the relation of buyer's product quality to the supplied parts. 

Enjoy, share, subscribe, and comment - it does matter!

Best

Eugene (Yevgen)

Hello dear friends

Today, I finalise my #podcast mini-series on #causalmapping - a method to measure how people think. In this #episode, I discuss the #positivism and #constructuvism. The episode is not about the #philosophy of #research but how this #methodology could be #published. I concluded that #causal #mapping may be a good fit for those who try to pursue the #mixedmethods approach. The reason is that causal mapping is easy to understand for both types of reviewers and might be your way out of the conflicts with #reviewers.

Good luck with your research!

Best

Eugene (Yevgen) 

Hello and welcome!

Today, I discuss what to do with the #data you collected with a #causalmap. You will have many distances from each person to all others (like a #correlation table). In our #dataanalysis, we applied #clustering - we clustered people based on their #similarity regarding the #mental #models. Later, you can use this cluster variable as your #dependentvariable when you look at what #causes similarity between people. Or you can use the cluster variable as a predictor, i.e. look at the consequences for #like-minded people. If it is not fully clear from my talk (I was a bit too emotional about our #findings), feel free to read our #academic #paper!

Good luck with your investigations!

Best

Eugene (Yevgen) 

Our paper: 

https://www.researchgate.net/publication/331489896_Values_congruence_in_multicultural_groups_the_causal_mapping_method

Citation: Bogodistov, Y., Botts, M., & Schlatterer, F. (2019). Values congruence in multicultural groups: the causal mapping method. Journal for Multicultural Education, 13(1), 33-50.

Hello, dear friends, colleagues, researchers, and students

In this episode, I talk about the #practicalsteps of #settingup a #causalmap in a #survey #software, such as @limesurvey, @qualtrics, or similar. After you have developed your theory and created a list of items, you need to know what to do with it and how to implement it in the available survey tool. 

Drop me an email, if you need the plugin - I believe I should have it somewhere ;)

Good luck with your #research!

Best

Eugene (Yevgen)

Hello and welcome

In this episode, I talk about how to #compare #causalmaps of two different people. There is a #formula that you can find in the papers that I list below. In the episode, I explain the logic behind the #measurement. Even though the procedure might look "scary", it is a simple calculation of the distances as you count the #distance between two dots on the #coordinatesystem. If you understand the logic behind the formula, you will quickly understand how the #calculation is performed.  

Good luck with your #investigation!

Here are the links: 

1. Our paper with a simplified formula for our specific purposes: 

https://www.researchgate.net/publication/331489896_Values_congruence_in_multicultural_groups_the_causal_mapping_method

Citation: Bogodistov, Y., Botts, M., & Schlatterer, F. (2019). Values congruence in multicultural groups: the causal mapping method. Journal for Multicultural Education, 13(1), 33-50.

2. Initial paper with the formula:

Markíczy, L., & Goldberg, J. (1995). A method for eliciting and comparing causal maps. Journal of management, 21(2), 305-333.

Best

Eugene (Yevgen)