New Books in Economics cover image

John Horn, "Inside the Competitor's Mindset: How to Predict Their Next Move and Position Yourself for Success" (MIT Press, 2023)

New Books in Economics

00:00

Understanding Competitor Rationality

This chapter emphasizes the significance of cognitive empathy in competitor analysis, exploring how understanding the motives behind competitors' actions can enhance strategic decision-making. It discusses the author's experiences at McKinsey and the importance of recognizing rational behavior in competitors to accurately predict their decisions. The chapter also highlights frameworks for continuous competitive analysis, stressing that organizations must adapt and refine their strategies to remain competitive.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app