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BEST PRACTICES IN MANAGING A CI FUNCTION June 6, 2007
GOALS AND OBJECTIVES ,[object Object],[object Object],[object Object],[object Object],[object Object]
AGENDA ,[object Object],[object Object],[object Object],[object Object],[object Object]
WHAT IS COMPETITIVE INTELLIGENCE? Knowledge and foreknowledge of the competitive environment — the prelude to decision and action. Competitive Intelligence: The organizational means by which information is systematically collected, analyzed, processed and disseminated as intelligence to managers  who can act on it. Competitive Intelligence Process:
WHAT COMPETITIVE INTELLIGENCE IS NOT ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
–  John Naisbitt We are drowning in information but starved for knowledge. “ ” CHALLENGES IN CI
CI TRANSFORMS DATA/INFO INTO INTELLIGENCE D a t a U n c o n n e c t e d B i t s E m p l o y m e n t a t t h e s i t e d r o p p e d f r o m 1 1 0 0 t o 9 5 0 I n f o r m a t i o n K n o w l e d g e b u i l d b y l o o k i n g a t s e v e r a l d a t a p o i n t s T h e y i m p l e m e n t e d n e w l a b o r - s a v i n g t e c h n o l o g y I n t e l l i g e n c e T h e i m p l i c a t i o n s o f t h e o r g a n i z e d i n f o r m a t i o n T h i s g i v e s t h e m t h e a b i l i t y t o ノ
INTELLIGENCE IS EXTERNAL “ (I)t can be argued that the information revolution has caused managements to be less well informed than they were before . . . (T)he most important changes affecting an institution today are likely to be the outside ones, about which present information systems offer few clues.” —  Peter Drucker, “A Survey of the Next Future,”  The Economist , 11/3/01
COMPETITIVE INTELLIGENCE IS NOT LIMITED TO COMPETITORS CI Group Corporate Security Threats Technology Developments  & Sources Political, Economic, & Social Forces Markets & Customers Competitor Capabilities, Plans, & Intentions Industry Structure & Trends
AGENDA ,[object Object],[object Object],[object Object],[object Object],[object Object]
USES OF COMPETITIVE INTELLIGENCE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
INTELLIGENCE IS ANTICIPATORY –  Wayne Gretzky On the ice, everyone goes to where the puck is. Me? I go to where the puck is going to be. “ ”
AGENDA ,[object Object],[object Object],[object Object],[object Object],[object Object]
More than 7 our of 10 companies claim to have an organized CI function . . .  . . . But most say they do not have the means, interest, or understanding to use it properly. Source:  Ostriches and Eagles: Competitive Intelligence Usage and Understanding in US Companies , Outward Insights, February 2005 SURVEY SAYS…
ROADBLOCKS TO EFFECTIVE CI Source:  Ostriches and Eagles: Competitive Intelligence Usage and Understanding in US Companies , Outward Insights, February 2005
AGENDA ,[object Object],[object Object],[object Object],[object Object],[object Object]
HOW TO CREATE INTELLIGENCE: THE CI CYCLE ,[object Object],[object Object],[object Object],[object Object],[object Object],Analysis Information Collection Planning & Direction Needs Decision Makers Other Users The Intelligence Cycle: Each step is necessary and adds value Report & Inform
KEY INTELLIGENCE TOPICS FOCUS THE CI GROUP TO DELIVER THE HIGHEST VALUE INTELLIGENCE ,[object Object],[object Object],[object Object],[object Object],Definition Management Role Purpose Benefit
[object Object],[object Object],[object Object],[object Object],[object Object],SAMPLE KEY INTELLIGENCE TOPICS
INVESTING IN DEVELOPING ESSENTIAL CI FUNCTIONS YIELDS COMPETITIVE BENEFITS Provides Early Warning of  Opportunities & Threats Collect Data Prepare Report & Disseminate Analyze & Forecast Essential Functions Primary Benefits Supports Strategic Decision-Making Process Supports Tactical and Operations Decisions Assesses and Monitors Competitors Supports Strategic Planning & Strategy Processes
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],RECOMMENDED CI SKILLSETS
CHECKLIST OF SUGGESTED ANALYTICAL TECHNIQUES USED BY CI TEAM ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
AGENDA ,[object Object],[object Object],[object Object],[object Object],[object Object]
BEST PRACTICE #1: COMPETITIVE INTELLIGENCE IS ALWAYS LEGAL AND ETHICAL Exploit new employees for proprietary information Use illegal methods Compromise customer proprietary information Conduct false job interviews Misuse consultants or agents Misrepresent ourselves We will not ...
BEST PRACTICE #2: IDENTIFYING USER NEEDS IS CRITICAL TO THE OVERALL SUCCESS OF PROGRAM ,[object Object],[object Object],[object Object],[object Object],[object Object]
THE FLIP SIDE OF BEST PRACTICES: COMMON MISSTEPS TO AVOID ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
TO SUM UP ,[object Object],[object Object],[object Object],[object Object]
The Intelligence to Anticipate.  The Strategy to Lead.   TM Karen Rothwell, Director [email_address]   1-888-447-5501 www.outwardinsights.com [email_address]
KEY FINDINGS FROM OSTRICHES AND EAGLES SURVEY (CONT.) ,[object Object],[object Object],[object Object],[object Object],[object Object]

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SLA Best Practices Ci

  • 1. BEST PRACTICES IN MANAGING A CI FUNCTION June 6, 2007
  • 2.
  • 3.
  • 4. WHAT IS COMPETITIVE INTELLIGENCE? Knowledge and foreknowledge of the competitive environment — the prelude to decision and action. Competitive Intelligence: The organizational means by which information is systematically collected, analyzed, processed and disseminated as intelligence to managers who can act on it. Competitive Intelligence Process:
  • 5.
  • 6. – John Naisbitt We are drowning in information but starved for knowledge. “ ” CHALLENGES IN CI
  • 7. CI TRANSFORMS DATA/INFO INTO INTELLIGENCE D a t a U n c o n n e c t e d B i t s E m p l o y m e n t a t t h e s i t e d r o p p e d f r o m 1 1 0 0 t o 9 5 0 I n f o r m a t i o n K n o w l e d g e b u i l d b y l o o k i n g a t s e v e r a l d a t a p o i n t s T h e y i m p l e m e n t e d n e w l a b o r - s a v i n g t e c h n o l o g y I n t e l l i g e n c e T h e i m p l i c a t i o n s o f t h e o r g a n i z e d i n f o r m a t i o n T h i s g i v e s t h e m t h e a b i l i t y t o ノ
  • 8. INTELLIGENCE IS EXTERNAL “ (I)t can be argued that the information revolution has caused managements to be less well informed than they were before . . . (T)he most important changes affecting an institution today are likely to be the outside ones, about which present information systems offer few clues.” — Peter Drucker, “A Survey of the Next Future,” The Economist , 11/3/01
  • 9. COMPETITIVE INTELLIGENCE IS NOT LIMITED TO COMPETITORS CI Group Corporate Security Threats Technology Developments & Sources Political, Economic, & Social Forces Markets & Customers Competitor Capabilities, Plans, & Intentions Industry Structure & Trends
  • 10.
  • 11.
  • 12. INTELLIGENCE IS ANTICIPATORY – Wayne Gretzky On the ice, everyone goes to where the puck is. Me? I go to where the puck is going to be. “ ”
  • 13.
  • 14. More than 7 our of 10 companies claim to have an organized CI function . . . . . . But most say they do not have the means, interest, or understanding to use it properly. Source: Ostriches and Eagles: Competitive Intelligence Usage and Understanding in US Companies , Outward Insights, February 2005 SURVEY SAYS…
  • 15. ROADBLOCKS TO EFFECTIVE CI Source: Ostriches and Eagles: Competitive Intelligence Usage and Understanding in US Companies , Outward Insights, February 2005
  • 16.
  • 17.
  • 18.
  • 19.
  • 20. INVESTING IN DEVELOPING ESSENTIAL CI FUNCTIONS YIELDS COMPETITIVE BENEFITS Provides Early Warning of Opportunities & Threats Collect Data Prepare Report & Disseminate Analyze & Forecast Essential Functions Primary Benefits Supports Strategic Decision-Making Process Supports Tactical and Operations Decisions Assesses and Monitors Competitors Supports Strategic Planning & Strategy Processes
  • 21.
  • 22.
  • 23.
  • 24. BEST PRACTICE #1: COMPETITIVE INTELLIGENCE IS ALWAYS LEGAL AND ETHICAL Exploit new employees for proprietary information Use illegal methods Compromise customer proprietary information Conduct false job interviews Misuse consultants or agents Misrepresent ourselves We will not ...
  • 25.
  • 26.
  • 27.
  • 28. The Intelligence to Anticipate. The Strategy to Lead. TM Karen Rothwell, Director [email_address] 1-888-447-5501 www.outwardinsights.com [email_address]
  • 29.

Notes de l'éditeur

  1. Building on Joanne and Elio’s slides, I will focus on …
  2. Vs. Knowledge Mgt which is not confined to the competitive environment, it can be knowledge on an internal issues. Key is actionable intelligence Second half of slides focus on process - do’s and don’t’s
  3. Difference between information and intelligence is that intelligence requires a human element to connect piece of information through experiences.
  4. Irony is with the Internet, mobile technology and other tools we have more information available to us, but that doesn’t eqate to knowledge or intelligence
  5. Other external factors at play… Think Porter’s Five Forces - looking at all the external forces that shape an industry and help explain the behavior and postioning of its players
  6. Help chart strategy
  7. Good news… Bad news…. This chart reinforces that point - even though 7/10 companies claim to have a process for gathering and analyzing CI, the ways in which CI is used vary widely, meaning that companies that have a CI process can still be eagles. Twenty-nine percent of respondents admit that they do not have “an organized and systematic way to deliver competitive intelligence,” including 14% of the respondents with more than $1 billion in revenues . More than three-quarters (78%) of all respondents use CI for business development and sales purposes, and almost as many (74%) use it for new product launches.
  8. Let’s look at road blocks, these are conditions that big and small firms face. Last two issues mirror earlier point about buy in… Lack of funding leads to resource constraints and lack of adequate training Ask what makes the effective use of CI difficult for these companies. Many of the same conditions as beset IBM in the early 90s.
  9. Process is iterative
  10. Forces that CI be demand-driven Ensures that CI deliers value
  11. All these examples share one trait: they are forward looking. Their answers can feed into strategy development and decisions
  12. Summary of overall benefits that a well run CI program can provide include:
  13. Communication is critical Analysis techniques on next slide
  14. Key is to know what tools to draw on for any given situation.
  15. My rule of thumb is never do anything you’d be afraid to read about on the front cover of the newspaper the following day
  16. Say no to the data dump Be clear about the scope of each role