You are hired as a strategic analyst for a Fortune 500 company. Your first task is to develop a competitive intelligence report to find key insights on the rivals' latest actions, current capabilities, and potential future actions. Being new to this type of report and the ethical protocols, what should be your first action

Based on the information provided within the question it can be said that the best first action that you can take would be to contact the Strategy and Competitive Intelligence Professionals association. This is an association of professionals from various industries including competitive intelligence, market intelligence, market research, strategic analysis, business intelligence, and strategy. This would be the best source of information in order to help you develop the best report possible.