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A project‐based approach to competitive analysis
Author(s) -
Prescott John E.,
Smith Daniel C.
Publication year - 1987
Publication title -
strategic management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 11.035
H-Index - 286
eISSN - 1097-0266
pISSN - 0143-2095
DOI - 10.1002/smj.4250080502
Subject(s) - computer science , competitive advantage , field (mathematics) , set (abstract data type) , competitive intelligence , competitive analysis , process management , management science , operations research , systems engineering , risk analysis (engineering) , knowledge management , business , engineering , marketing , mathematical analysis , mathematics , pure mathematics , upper and lower bounds , programming language
While comprehensive, ongoing competitive intelligence systems generate valuable input for broad strategic decisions, they often fail to provide the specific actionable information needed by managers operating in a project‐oriented environment. This paper proposes a project‐based framework for competitive analysis. The framework was developed from field reseach involving 16 projects. A comparison of project‐based and comprehensive competitive analysis systems is made to illustrate their differences. A case example from field research is utilized to illustrate concepts central to this approach and its practical utility. A set of guidelines regarding pitfalls to avoid in project‐based competitive analysis is presented.
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