|
ChemQuest employs a unique and comprehensive three-step approach to strategic analysis and development which provides clients with the best possible tools for making sound business decisions. We call the process "ChemQuest's Value Stream Analysis". With each step, the opportunities for value creation, the suitability of those opportunities, and their potential impact on the client's current and long-term profitability becomes more evident. From these steps comes the understanding necessary to develop a workable and defensible strategy.
ChemQuest employs the Porter Analysis Model to determine the industry attractiveness and to understand the competitive landscape and barriers to success. This analysis will develop a fundamental understanding of the dynamics related to the five competing forces, which determine sustainability of profits:
• Rivalry among firms
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of substitute products
• Barriers to entry
Superimposing an understanding of these forces with its core competencies will reveal the client's mode of behavior necessary to achieve sustainable profitability and competitive advantage.
|