Anticipate don’t improvise with competitive intelligence

in #competitive3 months ago

Anticipate don’t improvise: Weekly Winning strategy
We have all heard the phrase “Anticipate don’t improvise”. When it comes to competitive intelligence, anticipation beats improvisation every time. Here’s why:

Improvisation is reactive. It’s what you do when caught off guard, scrambling to make sense of sudden market shifts or unexpected competitor moves. It’s when you lose that piece of business to a competitor and claim it was down to price, but deep down, you know it’s not.

Quick thinking can save the day or your job. But relying on it as a strategy every time is a gamble at best. It’s like playing soccer without a plan. You’re making moves. You may score. But without a clear strategy, you’re hoping for the best.

It’s a thing of beauty
Anticipation is proactive. And it’s a thing of beauty when it works out. It’s about understanding the market landscape.

Knowing competitors inside and out and predicting their next moves before they make them. You need a solid foundation of competitive intelligence to do this consistently better than the others.

That’s gathering data, analysing trends, and staying ahead of industry developments. When you anticipate, you’re not reacting to the present but preparing for the future. It makes you see into the future, and if done to perfection, you can get your competitors to react the way you want them.

To thrive, don’t wait to see what happens next. You’re the one who already has a response lined up for every possible scenario.

You see where the market is heading, and you position yourself in the right place on the map so you’re three steps ahead when they make a move.

Now to the Kursk Oblast
The recent Ukrainian Kursk offensive shows us why anticipation beats improvisation. Russia was caught off guard by Ukraine’s manoeuvres and had no choice but to react.

This is worse for Russians as only one person’s opinion and decision matters. It’s up to them to anticipate, and they are only interested in keeping in power. They are used to getting their own way.

So, like their army, Putin will do anything to stay in power. Otherwise, he knows he will be swinging from a lamppost, which makes him very predictable.

Back to the Kursk Oblast. Instead of having a well-prepared defence strategy, they scrambled to counter the offensive, leading to chaotic decision-making and a reliance on hastily assembled resources. A reactive approach failed to stop the Ukrainian advance.

But it also exposed deep flaws in Russian culture’s planning and execution. When you constantly play defence or just attack without strategy, you’re not in control. You are surviving, often at a terrible cost.

The Russian military is throwing vast resources, including young conscripts, into the fray. To avoid looking unprepared or weak. Knee-jerk reactions are less about strategy and more about saving face in the short term.

The result was a devastating human cost. Countless lives are being lost in a “meat grinder.” This tragic outcome underscores the dangers of improvisation.

Forced to make costly decisions under pressure
If you don’t anticipate your opponent’s moves, you’re forced to make costly decisions under pressure. Often leading to disastrous consequences.

For companies, this scenario is a tale of caution. Like the Russian military, if you fail to anticipate market shifts or competitor actions, you are often forced to throw resources at problems.

You are desperately trying to catch up, sacking sales teams and product managers when it’s not their fault. They were playing blind with the wrong hand. It drains valuable resources and risks long-term damage to your reputation and market position.

Invest in competitive intelligence and scenario planning. You will be better equipped to navigate challenges, avoid costly mistakes, and emerge as market leaders. The lesson is clear. Anticipation is the key to success in both warfare and business.

So remember, Anticipate don’t improvise
Improvisation, however clever, will eventually lead to failure. And it’s too stressful to be fun.

In the world of competitive intelligence, anticipation is your edge. You can shape the market, rather than follow it. Don’t leave your strategy to chance. Anticipate, plan, and stay ahead.

https://www.octopusintelligence.com/anticipate-dont-improvise-with-competitive-intelligence/