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Business competition now comes in many different forms and from a great variety of com-
petitors, and the challenges are increasing. Successfully positioning the enterprise, proper-
ly deciding on the correct allocation of resources, and deciding what an acceptable level of
performance might be in such a competitive environment are key tasks of senior decision
makers. Consequently, skillful business and competitive analysis (BCA) is critically impor-
tant in determining how an enterprise can compete and deliver value to its stakeholders.
This book is designed to assist analysts to develop high value insights, to aid them in
making sense of the competitive environment confronting their organizations, and to guide
them in advising their decision makers. Our underlying premise throughout this book is
that a good analyst, working in any environment, must have a robust and healthy repertoire
of methods, tools, and techniques to help answer important questions on the enterprise’s
ability to compete, not only in the present, but also the future. For the most part, the end
users of an analyst’s output are decision makers, and as such, they will be the clients or cus-
tomers taking action based on those results.
Uniquely, this book focuses specifically on analysis, analysis methods/techniques, and
the analysis process. It is not designed to be another strategic management or strategic plan-
ning text. There are plenty of good titles of those genres available,
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although the processes
and techniques described herein will certainly benefit strategic planners and managers. We
have decades of experience advising, consulting, instructing, practicing, and researching
how BCA is used in all types of enterprises.
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Business and Competitive
Analysis: Definition, Context,
and Benefits
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Everyone is a genius. But if you judge a fish by its ability to climb a tree, it will spend its whole life believing it is stupid | Einstein