Competitive Intelligence involves veritable monitoring of every facet of an organisation's internal and external environment, keeping all elements and influences under observation, sniffing out changeabilities and attendant challenges, providing key action pointers for decision-making, continuously reviewing conditions and executing counteractive measures against undesirable information incursion. It allows firms to distinguish themselves in a competitive outlay beyond the elementary focus of immediate gains that can spring up as albatross. In practice, it shoots up as foresight peddled with the benefit of hindsight, through well-calculated and widely orchestrated processes that haul beams onto new action themes for appropriate leadership and corporate responsiveness.
Sun Tzu theorized "if you are ignorant of your enemy and yourself, then you are a fool and certain to be defeated in every battle". While Bronson Alcott insisted that "To be ignorant of one's ignorance is the malady of ignorance". Even the fields of plain corporate enemies and outright opposition to organisational bliss stand as icons of misinterpretation to many decision makers, due to manifold convolution characterizing their identities. The masquerading veils of intriguing environmental forces, and their seemingly extensive positive clout usually woo business leaders, catapulting action for prospecting a frontier that appear as good location for swimming but indeed it's a shark colony. Competitive Intelligence takes veils out of faces, for proper identification of true positions.
The products and deliverables of competitive intelligence includes the following:
Application Focus of Competitive Intelligence includes the following:
Together, technology and the connective power of the internet are making drastic changes in what a typical work setting looks like today, and many companies are beginning to rely more upon a remote workforce. In fact, according to Global Workplace Analytics, “regular work-at-home, among the non-self-employed population, has grown by 105% since 2005.” more
You may think your business phone system is functional, but is it fully modern? In recent years, telecommunications technology has made major strides. A system that was perfectly serviceable ten years ago—or even five years ago—is now very out-of-date. more
Among all of the business software applications necessary for business operations, ERP is undoubtedly one of the most important. Making the wrong selection can have a disastrous impact on your accounting, manufacturing, and supply chain. With so much at stake, it is crucial to make a well-informed decision. more
Did you know that, according to Forbes, 86 percent of customers will pay more for a better customer experience? Customer satisfaction is always a worthy business pursuit, but to identify customer preferences and exceed expectations, you must keep pace with innovations in the technology your customers are using. more
This whitepaper describes why the shift from a traditional to a social intranet is imperative to staying competitive, and analyzes the costs and benefits associated with implementing one. You will also find useful KPIs to measure performance and further leverage your intranet's success, raising employee engagement and boosting your competitive advantage. more