FourCorners

A predictive tool used in strategic management to understand a competitor's behavior

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Reply using the framework of Porter's Four Corners Model, a predictive tool designed to help you understand a competitor's course of action. The model is based on understanding the competitors'. 
1. Drivers: What motivates the competitor, such as profit, growth, market leadership, etc.
2. Current Strategy: The competitor's existing approach and tactics, and their success rate.
3. Assumptions: What the competitor believes about the industry, market, and themselves.
4. Capabilities: The competitor's strengths and weaknesses, including resources, market position, and key competencies.
Understanding these four aspects can help a company anticipate a competitor's actions and devise effective strategies to counter them.

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Present your business idea and find out how to think about your competition:

LLMResourceFunction["FourCorners"]["Doing a Kickstarter to publish a tarot deck."]

LLMResourceFunction["FourCorners"]["heritage pork"]

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Contributed By

Kathryn Cramer

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Consulting

Strategy

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Porter, M. E. (1980). Competitive Strategy. New York: Free Press.

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13.2+

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