Short answer: Competitive intelligence asks what your competitors are doing. Geopolitical strategic intelligence asks what the world is doing to you and your competitors together: who is changing the rules of the game you are all playing. The first helps you win the existing game; the second warns you that the game is about to change.
The longer view
Both are necessary, but they answer different questions and draw on different sources. Competitive intelligence feeds on competitors' price lists, hiring, patents and product launches. Geopolitical intelligence feeds on decisions by governments, regulators and central banks and on capital flows, and connects them to your industry. A company with only the first sees its competitors clearly, but not the wall they are all about to hit.
The common mistake in Israel is to assign the second to whoever does the first. These are different professions, and the right approach is to connect them: geopolitical intelligence defines the questions, and competitive intelligence checks how the competitors are answering them.
This is a reading through the seven layers of The Blue Pumpkin, the method of Dr. Bella Barda-Bareket.
What to do tomorrow morning
Take the latest competitor report and ask one question: which geopolitical decision would make everything in it irrelevant.