What are the best way to analyze the competitive position of a company?
(edited)
A good approach to benchmark competitive position of a firm?
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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!
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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
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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!