This document provides an overview of competitor analysis. It discusses analyzing a competitor's goals, assumptions, strategy, and capabilities. The goals section explains that understanding a competitor's present and future aims allows predicting their satisfaction with their position and reactions to strategic changes. Assumptions are the most crucial to analyze, regarding how competitors view themselves and the industry. Key indicators of assumptions include a competitor's history, leadership backgrounds, and relationships. The document also outlines analyzing a competitor's current explicit and implicit strategies across functions, and their core capabilities, ability to grow, respond quickly, adapt to change, and maintain operations over time.