INFORMATION
REPORT: FIND OUT ABOUT YOUR COMPETITOR
Focusing
on the system of dominant ideas in the competing company helps
you learn what projects have a decisive influence on the way
your competitor operates by identifying the organisation's
personality and analysing its strengths and weaknesses.
What
It Does
Provides
selected information on a competitor's overall "state of
health".
* Examining your adversaries' strengths means having in-depth knowledge of
their strong points and weak points so you can regulate your company's plans
for the future on this basis. For example, you can hit their weak points by
adopting a twofold strategy, one of creative imitation and one of "entrepreneurial
judo". Or take advantage of competitors' ideas by imitating their moves
in a timely, refined manner, evaluating the possibility of product redesign,
government subsidies, technological innovation and production process automation,
the acquisition of production capacity at advantageous costs, the experience
curve, etc. The goal is to improve one's competitive position with respect
to competitors by perfecting their product it and/or positioning it differently
on the market, or choosing to differentiate from it clearly.
Who
It's For
The
service is aimed at those with "front line" management
responsibilities for protecting and relaunching their companies.
It is designed for those in the company who have to think of ways of taking
on the opposing forces in the field through in-depth knowledge of their activities,
their objectives, their strengths and weaknesses: the entrepreneur and/or the
entrepreneur's son, the business manager.
General
Overview
A
competitive advantage is defined by a company's distinctive ability
to develop and defend a critical factor for market success with
greater intensity and skill than a rival.
Constant, careful observation of the competitive situation is needed in order
to orient the company's management sectors in the creative research activity
through knowledge of selected information on the most incisive competitors
who constitute a threat for the enterprise.
In management literature, especially on company strategies and policies and
company culture and leadership, the concept of basic strategic orientation,
as is defined in the competitor report, attention is focused variously on "where", "why" and "how" to
be an enterprise.
Here
is an example of value scale:
- Company
mission: in short, means the field of activity in terms of
product and market.
- Company
key values: must reflect the way the specific entrepreneurial
activity is conceived.
- Institutional
strategy: defines the fundamental nature of the company.
- Company
philosophy: must help one understand in what way one wants
to do business or be a company.
- Company's
system of dominant ideas: the ideas that have a decisive influence
on the way the company operates and develops.
- Nature
of the organisation: the organisation's "personality",
its strengths and weaknesses in relation to the organisations
it competes with.
The
aim of the information report is not to deduce the above values,
because that would be impossible, but to produce information
that is nonetheless useful in this sense and strongly predictive within
the limits of the laws on business and industrial secrecy capable
of defining a competitor's strengths with a good degree of reliability
and discerning between a dangerous competitor (one that is truly
competitive) and a weak one.
The final aim of the report is to provide tools for evaluating the competitor
that make it possible to keep watch over his actions in order to protect one's
competitive advantages in the future.
The intention is to promote reflection on the value of knowing and on the desire
to understand what is happening in the outside world, creating a constant drive
to discover the truth about one's business situation through critical comparison
and measurement against other organisations.
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