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

Porter’s Four Corners Diagram
Porter’s Five Forces Diagram
Porter’s Five Forces Diagram Example
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 any given SME roadmap. When all are obtained for a given SME roadmap, submit those documents to MWinter@scip.org in one email and they will issue you a Subject Matter Expert certificate (the Course Completion Documents prove you took the course and passed the online test).

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