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First Steps to a Competitive Intelligence function

Chartered Management Institute

You may be interested in Competitive Intelligence, already have a function or you may be thinking about setting up some sort of Competitive Intelligence (CI) operation within your company. What do you need to do to set up a Competitive Intelligence function. You may have struggled at the best way to start.

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Use GenAI to Uncover New Insights into Your Competitors

Harvard Business Review

And this counterintuitive application of generative AI is starting to enable leaders in marketing, strategy, and competitive intelligence to unearth strategically relevant insights about their competitors from documents made publicly available by those competitors.

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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. To become more agile, s tart by rethinking your competitive intelligence process.

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A Failure To Act – The Leader’s 5 Most Damaging Inactions

Lead Change Blog

Failure To Inform – It’s difficult enough to gain competitive intelligence; why would we withhold our own? Failure To Resolve Conflict In A Timely Fashion – Debate is a healthy and necessary component of everyday business. ” It can manifest itself as a plain old fashion lack of feeling appreciated.

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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. Improving competitive intelligence usage requires an “audit” of major decisions – at the product/service or functional level – before they are approved by management.

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Social Media for CEOs

N2Growth Blog

By Mike Myatt , Chief Strategy Officer, N2growth. Social media also allows you access to business, market, and competitive intelligence in real time. . If you’re a CEO who hasn’t taken that first step, or if you’re struggling with strategy or execution, give me a call and I’ll help. In a word; YES.

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Can you force innovation?

Chartered Management Institute

The process had its ups and downs over the millenniums but was it ever planned and executed as part of one group’s deliberate strategy or it happened organically as a result of many factors e.g. social developments that triggered the upswing cycle in this process? What can you use Competitive Intelligence for?