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In Samagra Entrepreneurial Learning Hub (ELH), Madhu Bhaskaran explains the importance of competitive intelligence in business and how to do it effectively
Points-
1. Identify your correct industry
2. Choose 5-10 competitors
3. Collect the information about the competitors
3a. Financials
3b. Man power
3c. Market position/ Strategy
3d. Strengths and weaknesses
3e. Digital presence
4. Compare your performance with them
5. Create new strategies and implement
Madhu Bhaskaran is a well known HRD Trainer and Personal Coach in Kerala. He trained more than one lakh people and coached many CEOs and Celebrities. He authored 3 best sellers in Malayalam. His videos are watched by more than one million people all over the world.
Social Media Link
-- / madhubhaskaranofficial
--www.google.com/...
-- / imadhubhaskaran
-- / madhubhaskaranofficial
-- / madhubhaskaran
Disclaimer:
The following video is based on the information collected from different books, media, internet space etc. This video is made solely for educational purposes. It is not created with intent to harm, injure or defame any person, association or company. The viewers should always do their own diligence and anyone who wishes to apply the ideas contained in the video should take full responsibility of it and it is done on their own risk and consequences. Mr Madhu Bhaskaran and his team does not take responsibility for any direct and indirect damages on account of any actions taken based on the video. Viewers discretion is advised.