Porters Five Forces Analysis
Whether you are working in manufacturing or a service organization, your company is constantly impacted by external forces in the market. You may think that your competitors are a problem. However, that's not the case. An organization's performance go beyond just the presence of competitors. This is where you need a tool such as the Porters Five Forces Analysis. Porters Five Forces Analysis is an effective tool in determining whether a certain strategy is potentially profitable or not. Porters Five Forces Analysis can provide invaluable insight into the available competition. Using Porters Five Forces Analysis, you can highlight the degree of influence your business has in the industry. This tool, Porters Five Forces Analysis, shows how much power your company has in the market and all the right ways in which adjustments can be made to make the company more profitable.
Porter's Five Forces Analysis - An Assessment Tool
To date, Porters Five Forces Analysis is an important assessment tool used by business strategists and marketing teams in getting a clearer picture of all the current and future trends that are likely to affect an industry. For example, Porters Five Forces Analysis shows whether there will be an increase in demand for a certain product or service in the near future. This alone can help businesses make a decision on whether a particular market is worth moving into or if that market will cause losses for them.
Just like the name suggests, Porters Five Forces Analysis also identifies the five competitive forces in the market that affect the possibility of future profitability of any business.
What will you learn in this course?
- Execute Porter’s Five Forces Analysis for Your Organization
- Outline the applications of Porter’s Five Forces Analysis
- Enlist the steps to create Porter’s Five Forces Analysis
- Demonstrate the steps to analyze the Threat of New Entrants and the Threat of Substitutes
- Illustrate the steps to analyze Supplier’s Bargaining Power and Customer’s Bargaining Power
- Analyze Competitive Rivalry
- Discuss the advantages and disadvantages of Porter’s Five Forces Analysis Technique
Course Overview
You will begin this course by understanding the Porter’s Five Forces Model. You will then learn the steps to analyze the Threat of New Entrants, Threat of Substitutes, Suppliers Bargaining Power, Customers Bargaining Power, and Competitive Rivalry. In addition, you will also go through Five Forces Analysis case studies of Amazon, Netflix, and Apple Smartphones. The course also provides you a ton of pdf resources (almost for every lecture). These resources can be downloaded and will help you review the course content offline.
Instructor Support:
If you have any questions that need to be addressed immediately, please feel free to drop a note to [email protected]. My customer friendly team will be happy to respond as soon as possible.
Expectations from Students:
Candidates going through this course are expected to:
- Go through each lecture as outlined in the course material.
- Complete the activities provided along with the real-life case study. These are self-reflection activities. An activity solution lecture succeeds each activity lecture. Please use these activity solution lectures to validate your activity answers.
- You can use the Q&A Discussion forum to upload your activity solutions. Please be advised that the instructor will not review every activity solution. The discussion forum is for students of this course to connect and discuss the topic with each other. Questions posted on the Q&A Discussion board may or may not be reviewed by the instructor. Thus, if you have any query that needs instructor intervention, it is advisable to send an email to [email protected].
Assessment Details:
- Once you complete all the course lectures, you will receive a Certificate of Completion of this course.
- You may also apply for AIGPE’s official Five Forces Analysis Specialist Certification Exam to earn AIGPE’s Five Forces Analysis Specialist Certification. The Guidelines to apply for this certification exam and the exam link is provided in one of the last lectures of this course. Kindly be advised that applying and earning this Credential is OPTIONAL and is NOT a mandatory part of course completion.
Who is a Porters Five Forces Analysis Practitioner?
A Porters Five Forces Analysis Practitioner is an expert who has hands-on expertise in performing Porters Five Forces Analysis
Drives creation of Five Forces Analysis within the organization
Is an expert at identifying the threat of new comers, threat of substitutes, the power of suppliers, the power of customers, as well as the competitive forces
Is highly visible at all levels in his organization - from grass root to the top management
Is known for asking the right questions and being an excellent facilitator
By executing Porters Five Forces Analysis, a Five Forces Specialist helps create the right competitive strategies of the organization
Also has the ability to coach and train other organization members to create Porters Five Forces Analysis
What would you get after taking this course?
Become a Porters Five Forces Analysis Specialist
Become a Problem Solver for your Business
Learn to Identify the Competitive Forces of your Business Process
Drive Five Forces Analysis within Your Organization
Coach Peers, Subordinates and Superiors on Porters Five Forces Analysis
Learn to Ask Right Questions and Enable Lean Thinking
Deliver a Competitive Edge for your organization by Executing the Five Forces Analysis
Become a pro at answering tough interview questions related to Porters Five Forces Analysis, Business Strategy, Business Management, as well as Competitive Forces
Add the Porter's Five Forces Analysis Specialist credential to your resume
Example Curriculum
- Course Introduction (6:46)
- Course Downloads
- What is Porter's Five Forces Analysis? (5:57)
- Understanding Porter's Five Forces Model (2:41)
- What is the Threats of New Entrants? (2:54)
- What is the Threat of Substitutes? (1:25)
- What is Suppliers Bargaining Power? (1:54)
- What is Customers Bargaining Power? (3:26)
- What is Competitive Rivalry? (2:46)
- What is the Sixth Market Force? (3:40)
- Activity: What are Porter's Five Forces? (0:36)
- Activity Solution: What are Porter's Five Forces? (7:35)
- Section Conclusion (0:48)
- Additional Instructions (0:57)
- AIGPE Porter's Five Forces Analysis Certification Requirements (5:07)
- Section Introduction (0:35)
- Origin of Porter's Five Forces Analysis (6:06)
- Applications of Porter's Five Forces Analysis Framework (3:16)
- Activity: Origin and Applications of Porter's Five Forces Analysis (0:39)
- Activity Solution: Origin and Applications of Porter's Five Forces Analysis (3:51)
- Section Conclusion (0:34)
- Section Introduction (2:21)
- What is the Category and the Questions Column? (2:48)
- What is the Category Status Rating Scale? (3:16)
- How is the Impact of the Force Rated? (1:45)
- What do you add in Comments, Observations, and Inputs Column? (1:00)
- How to add the Overall Rating of the Force? (1:40)
- What is Analysis Summary? (0:26)
- Section Conclusion (0:37)
- What are the different categories and key questions to analyze the Threat of New Entrants? (2:24)
- How to analyze category 1? (2:26)
- How to analyze category 2, 3, and 4? (2:37)
- How to analyze category 5, 6, and 7? (2:57)
- What is the Overall Rating? (0:48)
- Quiz 1: Analyze the Threat of New Entrants
- Section Conclusion (0:53)
- What are the different categories to analyze the Competitive Rivalry? (1:02)
- How to analyze Category 1, 2, 3, and 4? (3:48)
- How to analyze Category 5, 6, and 7? (3:06)
- What is the Overall Rating? (0:42)
- Quiz 5: Competitive Rivalry
- Activity: Analyze the Five Forces for specific Companies (1:35)
- Section Conclusion (0:41)
- Section Introduction (1:15)
- Amazon Case Study - Threat of New Entrants (3:43)
- Amazon Case Study - Threat of Substitutes (1:54)
- Amazon Case Study - Supplier Bargaining Power (2:07)
- Amazon Case Study - Customer Bargaining Power (2:20)
- Amazon Case Study - Competitive Rivalry (2:10)
- Section Conclusion (0:28)
Whether you want to:
- Become an in-demand Certified Porters Five Forces Analysis Practitioner for service/manufacturing organizations
- Get freelancing assignments and work from home, setting your own schedule and rates
- Sharpen your business strategy and management skills to reach the advanced level
- Simply bring your own ideas to life with your first Porters Five Forces Analysis
…this complete Porters Five Forces Analysis Masterclass is exactly what you need, and more. (You’ll even get a certificate of completion to add to your arsenal).
What are you waiting for? Enroll Today, Become a Porters Five Forces Analysis Practitioner and Start Executing Five Forces Analysis!!!