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167. How to predict your competitor's next move
Inside the Strategy Room
Leveraging Advanced Technology for Competitive Intelligence
Companies should leverage advanced technology to collect and process information effectively. When it comes to competitive intelligence, starting small and focused is crucial. By determining the major competitors and the specific aspects to track, such as pricing moves and acquisitions, companies can collect relevant data without overwhelming the users. Gradually expanding and refining the insights based on feedback will lead to better outcomes.
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