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Competitive
Intelligence Assessment
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This assessment addresses key aspects of competitive
intelligence planning and programs. It will help you determine the current
state of your planning, practices and processes. Your answers will indicate
specific areas where you may benefit from improvements. And, it will also
help guide your decisions about your future needs and investments.
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HOW THE ASSESSMENT WORKS
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The assessment should
take less than 15 minutes to complete. If you think a statement doesn't
apply to your business, select "0" for not applicable. Responses to all 84 statements are
required. You must select the most accurate response that describes your
reaction to each statement based scoring table below. If the majority of youre answers fall into
the disagree or strongly disagree categories, then your organization has a
great deal of work to do to build a structured competitive intelligence
program. The average scores can be
found at the bottom of the assessment.
After you have completed the assessment, you may submit it to us for review
and we will provide you will our observations and recommendations on how to
build a structured CI program to support your organizational and strategic
objectives.
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Scoring
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5 - Strongly Agree
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4 - Agree
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3 - Netural
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2 - Disagree
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1 - Strongly Disagree
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0 - Not Applicable
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Statement
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Score
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1)
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Our management team views competitive intelligence as a
strategic priority.
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2)
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We have a dedicated budget to support our competitive
intelligence program and activities.
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3)
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We are increasing our competitive intelligence budget.
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4)
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We have a dedicated competitive intelligence team.
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5)
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We have a formal process for collecting and analyzing
competitive data.
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6)
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We conduct regular competitive analysis of our key
competitors.
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7)
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We maintain competitive data on our * key competitors.
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8)
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We determine if our competitors have a formal CI function and
the infrastructure in place to put the intelligence into action.
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9)
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We determine what our competitors do to gather and analyze
data.
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10)
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We track what our competitors are spending on CI.
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11)
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We have procedures in place for validating competitive data.
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12)
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We have a competitive intelligence database management system.
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13)
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We have a competitive intelligence dashboard which presents
KPIs for competitors.
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14)
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We evaluate and track competitors' international presence and
activities.
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15)
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We identify and track competitors' key customers.
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16)
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We track the key points of differences in competitors services
and products (features and functions).
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17)
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We track competitors' locations and geographic coverage.
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18)
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We track competitors' target markets and sub segments within
those markets.
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19)
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We track competitors' industry news, announcements, * awards
and events.
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20)
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We track competitors' social media activities.
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21)
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We track competitors' alliances and joint ventures.
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22)
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We track competitors'
business partner relationships.
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23)
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We track competitors' financial investments and activities.
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24)
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We evaluate and track competitors' quality and product
performance.
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25)
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We evaluate and track competitors' reputation, image and brand
awareness.
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26)
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We evaluate and track competitors' manufacturing capabilities.
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27)
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We evaluate and track competitors' manufacturing costs.
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28)
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We evaluate and track competitors' technological skills.
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29)
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We evaluate and track competitors' marketing strategies, plans
and activities.
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30)
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We evaluate and track competitors' offerings strategies.
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31)
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We evaluate and track competitors' merchandising and buying
practices.
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32)
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We evaluate and track competitors' pricing strategies.
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33)
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We identify and track competitors recent major
"wins" and "losses."
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34)
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We evaluate and track competitors' financial performance.
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35)
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We evaluate and track competitors' marketing performance.
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36)
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We evaluate and track competitors' distribution practices and
wholesaler/dealer networks.
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37)
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We evaluate and track competitors' customer service practices.
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38)
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We track current customer satisfaction levels of competitors'
products, services and support functions.
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39)
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We track competitors' consulting and support processes.
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40)
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We track and maintain competitors' marketing calendars.
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41)
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We evaluate and track our competitors' strategic directions.
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42)
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We evaluate and track our competitors' overall go-to-market
strategies.
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43)
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We evaluate and track our competitors' core competencies.
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44)
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We evaluate and track competitors' anticipated directions and
initiatives.
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45)
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We track our competitors' terms (purchasing options,
warranties, etc..) strategies.
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46)
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We conduct competitor SWOT analysis and track their strengths
and weaknesses.
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47)
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We assess and maintain information on our strengths and
weaknesses vis-à-vis our competitors.
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48)
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We track our competitors' industry and public announcements
and announcement cycles.
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49)
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We keep track of our competitors' recent successes and
failures.
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50)
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We develop and maintain a list of key sell against strategies
for each competitor in our competitive intelligence system.
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51)
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We develop and maintain a list of key differentiation points
for each competitor in our competitive intelligence system
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52)
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We maintain information on competitors' joint ventures and
strategic alliances in our competitive intelligence system.
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53)
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We evaluate and track our competitors' advertising and
promotional activities and programs.
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54)
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We maintain information on environmental trends such as
industry trends, legal and regulatory trends, international trends, technology developments, political developments and economic
conditions in our competitive intelligence system.
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55)
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We identify and track our competitors' target markets * and
sub segments.
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56)
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We use the information we collect in our competitive
intelligence system to modify our MarCom strategies, activities and messages.
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57)
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We evaluate and track our competitors' public relations
(corporate communications) strategies and activities.
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58)
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We keep track of our competitors' new product and service
introductions.
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59)
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We keep track of our competitors' key suppliers products,
services and support.
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60)
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We keep track of our suppliers working with competitors and
under what arrangements and use this information to strengthen our negotiating position
overall strategic management of key supplier relationships.
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61)
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The data we maintain on our competitors product development
and marketing is updated on a real-time basis as the data becomes available.
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62)
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The data in our competitive intelligence system can be
accessed by company personnel from any system with a web browser.
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63)
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We maintain a database of samples of competitors' marketing
collateral
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64)
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The database of competitors' marketing collateral and
materials that we maintain * is updated monthly.
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65)
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We maintain decoys on competitors' mailing list so we receive
real-time versions of all marketing materials including email messages.
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66)
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We "secret shop" our competitors on a regular basis.
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67)
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We allocate budget dollars for the purchasing of samples of
competitors' products (services).
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68)
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We subscribe to services such as Hoovers (D&B) that
provide us with financial and other data on our competitors.
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69)
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Our competitive intelligence system can provide real time
alerts/notifications about competitors activities to marketing, sales, and management rsonnel.
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70)
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Our competitive intelligence system provides keyword tracking
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71)
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Our competitive intelligence system provides competitive
benchmarking.
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72)
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Our competitive intelligence system provides competitive
product analysis.
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73)
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Our competitive intelligence system provides competitive trend
analysis.
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74)
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Our competitive intelligence system provides website
monitoring.
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75)
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The information in our competitive intelligence database is
communicated to our product marketing team.
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76)
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The information in our competitive intelligence database is
communicated * to our sales team.
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77)
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Our sales organization has access to our competitive
intelligence system and can update competitor information.
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78)
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Our competitive intelligence system provides our sales team
with the information to know when not to waste time and money going after business that ey aren't likely to win.
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79)
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Our sales team uses the information in our competitive
intelligence system with prospects to engage in competitive sales.
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80)
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Our sales team has access to information in our competitive
intelligence system to effectively answer the question, "Why should I buy from you and not r competitor?"
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81)
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Our sales team uses our competitive intelligence system to
develop and use competitive selling techniques.
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82)
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Our competitive intelligence system provides employees with
sufficient information so they can become informal promoters of why our products or rvices are better than our
competitors.
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83)
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The information in our competitive intelligence system can be
accessed from mobile devices.
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84)
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The information in our competitive intelligence system can be
accessed from any web browser.
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Questions Answered
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Count
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Strongly Agree
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Agree
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Neutral
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Disagree
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Strongly Disagree
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Not Applicable
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Score Based On Applicable Statements
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Percentage Score
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Graded Score
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