Understanding and Applications of Porter's 4 Corners, 5 Forces, and 6 Forces

Topics Covered in Course

  • What is Porter’s Four Corners
  • What are its strengths and weaknesses
  • Leveraging business-drivers in the analysis
  • What are its criticisms
  • How organizations leverage it for competitive intelligence and strategy
  • What is Porter’s Five Forces
  • What are its strengths and weaknesses
  • Understanding the threats of new competitors
  • Impacts of substitute products to your solutions
  • Leveraging bargaining power for your solutions
  • What are its criticisms
  • How organizations leverage it for competitive intelligence and strategy
  • What is Porter’s Six Forces
  • Why its different than the others

Templates Included

  1. Porter’s Four Corners Diagram
  2. Porter’s Five Forces Diagram
  3. Porter’s Five Forces Diagram Example
  4. Porter’s Six Forces Diagram

Detailed Course Description

This online course will describe Porter’s Four Corners, Five Forces, and Six Forces predictive analysis models that organizations apply to internal situations to determine realistic competitor reactions. Each of the three models will be explained along with their strengths, weaknesses, criticisms, and situational uses.

Depending on your organization and what situational circumstances you want to address, this course will address the impact of which predictive analysis model to apply to obtain the best results. Porter’s predictive analysis models will be explained and applied to real-world scenarios and provide you the techniques and templates used to apply to your own business situations.

This course is SCIP Endorsed and part of SCIP On Demand Certification

SCIP certification is part of your subscription cost. You can get certified in none, one, or all SME roadmaps offered by VoiceoftheBusiness Academy. 

Obtain your Course Completion Document

You must have an active paid subscription, which will be validated, and successfully pass the online test, for you to obtain a Course Completion Document. Collect the specific Course Completion Documents for a given SME roadmap. When all are obtained for a given SME roadmap, submit those documents to scipu@scip.org in one email and they will issue you a certification (the Course Completion Documents prove you took the course and passed the online test).

After viewing this course, click the Take Test button below.

Available: Now

Level: 
Beginner
Category: 
Company
 

Ask Your Boss

Queue up an email to send your boss to inquire about this course.

Ask Your Boss

Refer This Course to a Friend

Queue up an email to send your friend to tell them about this course.

Refer A Friend