The most celebrated of CI analyses is the analysis of competitor strategies. This workshop looks at the companies within the competitor peer group and how to analyze them from six perspectives. These sub-analyses are then integrated into one strategy evaluation.
Once competitors’ strategies are known, a company can develop its strategy accordingly to achieve long-term competitive advantage.
This therefore enables the company to avoid any surprises caused through competitors’ activities. In this way, an understanding of the internal view of the competitor is built up. It is possible to derive competitors’ future reactions through reaction profiles, and build up competitor scenarios and war gaming, for example.
Official Website: http://http://www.institute-for-competitive-intelligence.com/index.php?option=com_content&task=view&id=27&Itemid=90
Added by Institute for Competitive Intell on February 25, 2009