When faced with unfamiliar problems, the instinct is to find an expert. Need software fixed? Call a developer. Are you facing a pandemic? Consult an epidemiologist. Does Sky News need an expert on something? Find someone who can talk. Tackling strategic analysis? Seek out a strategist, probably ... Views: 245
Things to do that may assist your competitive advantage
This article lists 30 bullet points on things to do that may assist your competitive advantage. Designed to be a quick and dirty list to help you think about gaining a substantial competitive advantage.
Analyse competitor data and ... Views: 479
When it feels like something’s missing in your competitor analysis, chances are you’re not wrong. We often focus too much on surface-level metrics. The revenue, market share, product updates, and social media followers. Or what your competitor is quoting as its price that day. Uncover what’s ... Views: 187
When it feels like something’s missing in your competitor analysis, chances are you’re not wrong. We often focus too much on surface-level metrics. The revenue, market share, product updates, and social media followers. Or what your competitor is quoting as its price that day. Uncover what’s ... Views: 180
Competitive intelligence is a crucial aspect of modern business strategy, as it enables you to understand the market better, anticipate the actions of competitors, and stay ahead of trends. However, as with any tool, there are both benefits and drawbacks associated with competitive intelligence. ... Views: 461
Creating a competitive advantage in today’s fast-paced world can be impossible. Impossible to unlock the battlefield.
But there’s a strategy that stands out for its effectiveness. Comprehensive competitor analysis and the insight it reveals.
Think of competitor analysis as your business’s ... Views: 285
Creating a competitive advantage in today’s fast-paced world can be impossible. Impossible to unlock the battlefield.
But there’s a strategy that stands out for its effectiveness. Comprehensive competitor analysis and the insight it reveals.
Think of competitor analysis as your business’s ... Views: 264
Understanding and unpacking Competitive Advantage: Weekly winning strategies
Competitive advantage is that unique edge that makes customers choose you over the rest. It’s about identifying and shouting about the aspects of your business that stand out in the market. Giving you a great chance to ... Views: 254
Many are playing hide and seek when they should be playing chess. They’re focused on what’s obvious. The moves are going on right in front of them. But missing the subtle shifts that signal where the market is really heading. That’s where weak signals come in.
Weak signals are those early, ... Views: 116
Weekly Winning Strategies: What Do We Know? What Can Happen? What Don’t We Know?
“Reports that say that something hasn’t happened are always interesting to me because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we ... Views: 238
What are the three common errors in thinking that reduce creativity and innovation?
This article asks what are the three common errors in thinking that reduce creativity and innovation? To start with, poor decisions usually result from flawed thinking rather than being presented with the wrong ... Views: 357
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What Can Octopus Competitive Intelligence do For Product Management Teams?
21/05/2022 | Octopus
This is an image of a Mechanical cogs wheels character made ... Views: 354
Would it help to have the tools to create a successful Competitive Intelligence function? In this article, we are going to come at this subject from a different direction. If Competitive Intelligence thinking has taught us anything, it’s to look at things from more than one angle. So, rather ... Views: 381
Would it help to have the tools to create a successful Competitive Intelligence function? In this article, we are going to come at this subject from a different direction. If Competitive Intelligence thinking has taught us anything, it’s to look at things from more than one angle. So, rather ... Views: 350
What is the intensity of rivalry within Porter’s five forces model?
This article asks what is the intensity of rivalry within Porter’s five forces model? We explain the intensity of rivalry, how to detect and analyse it within your industry.
Porter’s five forces model
Michael Porter argues ... Views: 520
What’s meant by Competitive Intelligence and how to apply it to our business
As Competitive Intelligence professionals, we are asked What’s meant by Competitive Intelligence and how to apply it to our business. Over the past couple of years, this question has been getting less and less. ... Views: 398
What’s the most important Competitive Intelligence & Market Analysis skill to have?
“My apologies for this letter being so long. Had I more time it would be shorter”
Balise Pascal
So, what’s the most important Competitive Intelligence & Market Analysis skill to have? Well there are many ... Views: 441
What’s your Competitive Advantage and why Analysis of your competitors is important?
What’s your Competitive Advantage and why Analysis of your competitors is important? Deciding what you are great at doing is one of the most important aspects of any strategic planning. And it’s not how good ... Views: 425
Why competitive analysis is highlighting the changing investor appetite landscape
In many industries, it’s clear that there’s difficulty establishing an effective investment strategy. And understanding the changing landscape of investor appetites. The situation comes down to the achieving ... Views: 509
Why, competitive intelligence and creativity: Weekly Winning Strategies
“Why” is the most important word you’ll ever use.
In Hegarty on Creativity, John Hegarty highlights a fundamental truth: creativity thrives on asking, “Why?” It’s not just about producing something new but understanding ... Views: 212
Why, competitive intelligence and creativity: Weekly Winning Strategies
“Why” is the most important word you’ll ever use.
In Hegarty on Creativity, John Hegarty highlights a fundamental truth: creativity thrives on asking, “Why?” It’s not just about producing something new but understanding ... Views: 201
Why Competitive Intelligence comes from everywhere with all opinions taken into account
In order to stay ahead of the competition, it’s important to have a Competitive Intelligence program in place. That’s why Competitive Intelligence comes from everywhere, with all opinions taken into account. ... Views: 483
Why competitive intelligence is important even when you have access to a database?
This article asks why competitive intelligence is important even when you have access to a database. You know when you get access to a major database platform and think it looks impressive. So much data at your ... Views: 512
https://www.octopusintelligence.com/why-competitive-intelligence-is-powerful-and-needed-for-your-competitive-advantage/
Why Competitive Intelligence is powerful and needed for your competitive advantage
Competitive Intelligence is a vital tool for any business. We ask why Competitive ... Views: 621
Why Competitive Intelligence projects can leave a bad taste in your mouth
We are often asked how we conduct a Competitive Intelligence project. And why are we better than our opposition. But we think the question should be why Competitive Intelligence projects can leave a bad taste in your ... Views: 518
Why Competitor Analysis in SaaS tech is essential for competitive advantage?
If you are in the Software-as-a-Service (SaaS) business, you dont need us to tell you the industry is changing. Almost daily new competitors and new solutions are appearing, cancelling out the darlings of the SaaS ... Views: 473
Why Competitor Analysis in SaaS tech is essential for competitive advantage?
If you are in the Software-as-a-Service (SaaS) business, you dont need us to tell you the industry is changing. Almost daily new competitors and new solutions are appearing, cancelling out the darlings of the SaaS ... Views: 493
Why finding competitor pricing information using Competitive Intelligence is the way forward.
For a new business entrant, pricing the product or service can be overwhelming. Depending on your existing products and those of your competitors, pricing can pose a challenge. So to maximise revenue ... Views: 522
Why investors need Competitive Intelligence to create better returns?
This article explains why investors need Competitive Intelligence to create better returns? When browsing social media and Linkedin can be frustrating at times. And you see investors telling you how much return they made from ... Views: 556
Why investors should use Competitive Intelligence to create better returns?
We have written another article on this subject after many similar enquiries. We explain why investors should use Competitive Intelligence to create better returns?
Browsing social media and LinkedIn is often ... Views: 574
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Why is data the least important part of Competitive Intelligence? - by | Octopus is a Competitive Intelligence and Strategy consulting firm focused on creating certainty, insight, competitive advantage and significant growth for clients operating in disruptive and traditional sectors. #octopusintell www.octopusintelligence.com
Why is data the least important part of Competitive Intelligence?
Competitive Intelligence is essential for our better understanding of competitors. Notably our industry and changing consumer landscape. But why is data the least important part of Competitive Intelligence? Especially when the ... Views: 538
Why is it so hard to find your disruptors and indirect competitors?
This article asks why is it so hard to find your disruptors and indirect competitors? Indirect competitors can be defined as companies that are not direct competitors. Simple as that, eh? But they could still potentially cause ... Views: 482
Are you recruiting for a Competitive Intelligence professional?
Are you recruiting for a Competitive Intelligence Manager? Finding it tough to find anyone suitable with the necessary skills or experience? Or maybe you are interested in outsourcing the role but are not sure where to start? We ... Views: 424
Why product competitive analysis is essential for all stakeholders
This article explains why product competitive analysis is essential for all stakeholders. We get it. You’re a Product Manager working in a crowded market sector. And you are busy enough working on your day job. Keeping your ... Views: 469
Let’s start with football (soccer) because it’s a metaphor that is too good to ignore. All about using data without context.
Watching Newcastle vs Crystal Palace in the vain hope that Palace will do Nottingham Forest a favour and beat Newcastle. The commentator told us the xG (expected goals) ... Views: 92
This is a crucial mantra in market or competitor analysis. Retracing your steps is a methodical way to find insights. Use it to find out where your strategy failed or why a competitor outmanoeuvred you.
Let’s break it down:
Where Did You Start?
Always begin by revisiting the assumptions ... Views: 206
Why win-loss is essential for increasing sales in your growing business
This article asks why win-loss is essential for increasing sales in your growing business. It’s also critical for a slowing and stalling business.
But why is it important to know why you lost or won a deal? It is common ... Views: 522
How often have you felt excited while looking at a market trend, a competitor’s move, or an industry shift? Did you think you found the answer? Your first answer is brilliant. You’ve analysed the data, backed up your conclusion, and shown why it’s great. And why you are the best analyst in the ... Views: 124
Zitah McMillan, Founder of Predictive Black Answers Our Questions
This article is the first in a series where we ask industry experts how they see the competition in their industry. We also ask them what’s their understanding of Competitive Intelligence. This week we hear from Zitah McMillan, ... Views: 529