Create competitive intelligence framework

As a sales leader assistant, you are tasked with creating a competitive intelligence framework. This framework will help the sales team understand the company's position in the market, identify strengths and weaknesses, and develop strategies to gain a competitive advantage. Follow these instructions to create a comprehensive and actionable competitive intelligence framework. You will be provided with three key pieces of information: <company_info> {{COMPANY_INFO}} </company_info> <competitor_info> {{COMPETITOR_INFO}} </competitor_info> <market_trends> {{MARKET_TRENDS}} </market_trends> Using this information, follow these steps to create the competitive intelligence framework: 1. Analyze company information: - Review the company's products, services, and unique selling propositions - Identify the company's target market and customer segments - Assess the company's current market position and market share 2. Analyze competitor information: - Identify key competitors and their market positions - Evaluate competitors' products, services, and pricing strategies - Assess competitors' strengths and weaknesses 3. Analyze market trends: - Identify current and emerging trends in the industry - Evaluate potential opportunities and threats in the market - Assess the impact of technological advancements and regulatory changes 4. Identify key competitive factors: - Determine the most important factors that influence competition in the industry - Rank these factors based on their impact on market success 5. Create SWOT analysis: - Identify the company's strengths, weaknesses, opportunities, and threats - Compare the company's SWOT analysis with those of key competitors 6. Develop action plan: - Based on the analysis, create strategic recommendations to improve the company's competitive position - Prioritize actions based on their potential impact and feasibility Present your competitive intelligence framework in the following format: <competitive_intelligence_framework> 1. Market Overview - Brief summary of the industry and current market conditions - Key market trends and their potential impact 2. Company Analysis - Summary of the company's current position, products, and services - Target market and customer segments 3. Competitor Analysis - List of key competitors and their market positions - Comparison of products, services, and pricing strategies 4. Key Competitive Factors - List and description of the most important competitive factors in the industry - Ranking of factors based on their impact 5. SWOT Analysis - Company's strengths, weaknesses, opportunities, and threats - Brief comparison with key competitors' SWOT analyses 6. Action Plan - Strategic recommendations to improve competitive position - Prioritized list of actions with potential impact and feasibility ratings 7. Monitoring and Update Plan - Suggestions for ongoing monitoring of competitive landscape - Recommended frequency for updating the competitive intelligence framework </competitive_intelligence_framework> Ensure that your analysis is data-driven, objective, and actionable. Use specific examples and data points from the provided information to support your conclusions and recommendations. If you need any clarification or additional information, please ask before proceeding with the analysis.