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3 Steps to Performing Competitive Analysis

Business Analysis Knowledge Share

Step 3: Analyze the Data Analyze the gathered data to identify competitors’ strengths, weaknesses, opportunities, and threats (SWOT). Tools like SWOT Analysis can be instrumental in this phase. Evaluate their product quality, customer service, marketing strategies, market share, and financial performance.

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Here’s everything you should know about project portfolio management

Monday

Our SWOT analysis template can help with this. Communicate and collaborate with real-time messaging and tagging. From there, make time to analyze the current state of your project portfolio and ask yourself: What are its strengths? What are its weaknesses? What opportunities are ahead? What risks may you encounter? Final thoughts.