Competitive
Intelligence
Due to the fact
that China´s political system and some business practices of
Chinese market participants can lead to unfair
competition, Western
companies are forced to increase their attention on the competitive
environment and to obtain more competitive information, compared
with
other markets. In China, Competitive
Intelligence in the sense of
early research, observation and analysis of competitors, is a crucial
success factor. It is an essential tool of competitiveness and an
indispensable basis for both strategic decisions
and tactical measures
in the day-to-day business.
While Competitive
Intelligence in Europe and USA
is ethically and legally restricted, the Chinese law allows some
investigative research methods and undercover activities. In many
cases, professional investigators are involved in CI who acts within
the legal framework. Their instruments are undercover observations or
elicitation of information by skilful conversations, for example.
Important
questions of CI projects
- Which
competitors will attack us?
- Which weak
points will they attack?
- What are their
targets, strategies and tactics?
- What are their
strengths and weaknesses?
- Which markets
and channels do they target - with what products and services?
- What
technologies, innovations and IPR do they own?
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