What are the best way to analyze the competitive position of a company?
(edited)
What are the best way to analyze the competitive position of a company?
(edited)
Hi Roberto,
Here, the main statement is "Is my product better than my competitions' products in the areas that my customers care about?"
In general, a Product, Company, Competition, Customer, framework could work. Of course, there's no one-size-fits all and you need to learn to adjust you framework/casing to every single case based on the industry, objective, client, etc.
I also note that you've posted a lot of questions recently. Have you considered coaching? 1-off Q&As are not the best approach to building full knowledge of the business world + casing!
Hello!
I would make hte following approach:
In my mind, think of the 5 Ps of Porter
Having those elements in mind, mention them, as well as moats and walls.
Furthermore, always see the vission and mission, gives many clues.
Hope it helps!
Cheers,
Clara
But you are only considering the product value, not others capabilities...
Yes...there are also a LOT of other things I've left out here. You are also asking for a full framework to analyze a firm's entire competitive positon...you are not going to get a full comprehensive response on a Q&A - that comes from actual coaching!