In addition to the tools mentioned such as strategic group analysis map, SWOT analysis, competitive pricing analysis, blue ocean strategy, and porter's five forces, other tools that can be used to build a stronger defense against competition include PESTEL analysis, benchmarking, value chain analysis, and scenario planning. These tools can help identify opportunities and threats in the external environment, compare performance with competitors, understand how value is created within the organization, and plan for different future scenarios.
Do you feel trapped to outdo competitors? Better strategies can build a stronger defense against com...
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