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Use GenAI to Uncover New Insights into Your Competitors

Harvard Business Review

Companies have a growing problem of information overload regarding markets and competitors, which often prevents the C-suite from making the best decisions available given the data at its disposal. In other words, generative AI can become the watchful eye that spots useful insights in the field of competitive intelligence.

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Small businesses increasing marketing spend

Chartered Management Institute

A study carried out by Yougov has found that a third of small businesses are planning to increase their marketing spend next year. You are not watching this post, click to start watching read more.

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“Competitive Intelligence” Shouldn’t Just Be About Your Competitors

Harvard Business Review

For the next year, Jessica Eliasi, then the director of Competitive Intelligence at Mars Chocolate, travelled the world running “competitive simulation” games with local market teams from Russia to Mexico to Turkey to England. Simply and clearly put, CI is a perspective on changing market conditions.

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Companies Collect Competitive Intelligence, but Don’t Use It

Harvard Business Review

The second requirement is to anticipate response to your competitive moves so that they are not derailed by unexpected reactions. The paradox is that companies spend millions acquiring competitive or marketintelligence” from armies of vendors and deploy the latest technology disseminating the information internally.

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How Competitive Intelligence Rules Encourage Cheating

Harvard Business Review

Yet when it comes to lower-level employees responsible for gathering competitive intelligence, those same lawyers impose Draconian rules that prevent employees from speaking with a competitor directly, or even engaging a third party to speak with a competitor on their behalf. Respondents from the U.S. Are the alarm bells ringing yet?

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Use Your Sales Force’s Competitive Intelligence Wisely

Harvard Business Review

The vast majority of your marketing data, whether from purchases or surveys, tells you about your business customers’ past behaviors. That competitive intelligence can not only help individual salespeople become more effective, it can also help your company make better strategic decisions. But the past is over.

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Social Media for CEOs

N2Growth Blog

Social media also allows you access to business, market, and competitive intelligence in real time. . Magazine : “More effective than any marketing budget for getting our name out there.&#. Business Benefits : Yes, I know, you’re the CEO and you have to pay attention to business.

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