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These five forces—the intensity of rivalry among existing competitors, the bargaining power of buyers (the industry’s customers), the bargaining power of suppliers, the threat of substitutes, and the threat of new entrants—determine the industry’s structure,
Joan Magretta • Understanding Michael Porter: The Essential Guide to Competition and Strategy
“Medeco Business Advantage”—a 2X Strategy to Grow Your Business, a set of business processes inspired by Michael Gerber’s bestselling book The E-Myth: Why Most Businesses Don’t Work and What to Do About
Edward Hess • Grow to Greatness: Smart Growth for Entrepreneurial Businesses


Simple calculations such as these show that, with eight seniors, the firm would need sixteen managers and forty juniors. The proportions remain constant: one senior to every two managers, to every five juniors. Unless there is a change in either the project team structure (i.e., the types of projects the firm undertakes), or the target utilization