Ep 7. Anticipating Your Rival's Response

Critical Business Skills for Success Season 1 Episode 7, "Anticipating Your Rival's Response" is an episode that will teach you how to be one step ahead of your competitors. In this episode, the show's host will explore the importance of studying the competition, and how to conduct a thorough analysis of your rival's strengths, weaknesses, opportunities, and threats. You will learn practical examples of how businesses have achieved competitive advantage, analyzing how they used data, and other critical skills to anticipate their rival's next move.

The episode begins with a real-life case study of a company that faced stiff competition from a larger rival. The show's host will deconstruct the situation and explain the key concepts that helped them overcome the obstacles. The first objective of the episode is to explain how to gather and analyze the information you need to anticipate your rival’s next move. You'll learn how to identify key trends, and understand how small ups and downs in the competition can have ripple effects on your business. Throughout the episode, you'll learn how to measure the effectiveness of your tactics in relation to your competitor's actions.

The episode will also examine the appropriate mindset to adopt when anticipating the competition. You will learn to be more curious and inquisitive, and to pay attention to the smallest of details that could reveal a lot. You will discover how to think critically about the motives, intentions, and strategies of the competition. The show's host will break down the key personality traits that you need to develop if you want to anticipate the moves of your competitor, such as self-awareness, critical thinking, and adaptability.

During the episode, the host will discuss the importance of being agile, and explain how to create a plan of action to respond to your competitor's moves and surprises. You'll learn how to evaluate the effectiveness of your current strategy, what alternative plans to devise, and ultimately make data-driven decisions applying what you have learned.

As the episode draws to a close, you'll better understand how to measure success and adjust strategies as needed. You'll have learned to structure tactics designed to anticipate and keep up with your rivals in just about any business setting. By enabling you to use the right resources and information to develop a keen, forward-thinking competitor mindset, you'll be better able to successfully anticipate your rival's responses. Ultimately, you will understand how critical business skills work to: anticipate, analyze, decide, and act.