our own business

If you are going entreprenur Competitiveness is a concept you should be familiar with.

Basically Competitiveness is the internal ability of an organization to hold and improve their psition in a define market.

The Competitiveness is determine but some important factors:

• Power of Negotiation of suppliers and clients
• Substitute Products
• Potential Competence
• Rivality within current Competence
• Barriers of access

Analyzing all this perspectives can help you evaluating which business is more factible to be succesful.

There are available analysis on specific business fields and world regions. Big companies, most likely, have their own Competitiveness Intelligence going on (continual evaluation of the competitiveness environment), pharmaceuticals lead on this field.

Some interesting links:

• Institute of Strategy and Competitiveness (Lead by M. Porter himself)
• Global Competitiveness Report (The 2005 Report, GBP 65)
• Responsible Competitiveness (An Accountability research, Euro 30 - price for NGOs)