Competitive Intelligence Term Paper Dr. Ahmed Nassar Prepared by Ahmed Ibrahim Ahmed El Mizayen 1. What is CI? he process of collecting and analyzing information about competitors’ strengths and weaknesses in a legal and ethical manner to enhance business decision-making. Competitive intelligence activities can be basically grouped into two main types – 1) Tactical, which is shorter-term and seeks to provide input into issues such as capturing market share or increasing revenues;
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different users with their own specific tasks may need their information presented in different ways. Improving the ways users retrieve, identify and respond to information. In contrast to a data system, that simply provides raw data to the user. Competitive advantage in the digital economy is even more important now than ever before, as for some businesses the impact of the digital economy is groundbreaking. The fast changing technologies, markets and the appearance of new business models have introduced
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has now become the norm. Service providers needed to embrace this trend, as resistance to it would not only increase their operating costs and reduce efficiencies, while diluting their core focus, thereby inadvertently rendering themselves less competitive. It has, therefore, become clear to the providers that it was imperative for their long term success and competitiveness to take the sharing approach and establish a joint infrastructure management venture which would benefit the stakeholders.
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...........................11 Rowan Technology Group Page 2 © MarketLine Rowan Technology Group TABLE OF CONTENTS COMPANY OVERVIEW Rowan Technology Group (Rowan) is a consulting firm. It provides market analysis, strategic marketing and competitive technical intelligence for the advanced technology, advanced materials and coatings industry. The company primarily operates in the US, where it is headquartered in Libertyville, Illinois. As a privately held company, Rowan Technology Group is
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Term Paper Competitive Intelligence (CI) Answer any 6 of the following questions: 1. What Is CI? 2. Why is CI important? 3. Does CI really make a difference to the bottom line? 4. Is it true that CI is only important for big businesses? 5. How is CI different than business espionage? 6. What are the general uses of CI information? 7. Information has numerous sources, which have different degrees of reliability. Describe 5 such sources and rank them in terms of
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four other competitive forces as well: customers, suppliers, potential entrants, and substitute products.” ( para 1). Considering the learning groups assignment is to make software suggestions to already established company. * Collaborative software: groupware * Financial software: accounting and cost analysis * Marketing and sales software: customer relationship management * Business intelligence software I find this all too accurate and truthful. As staying competitive in modern
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To perform an external audit, a company first must gather competitive intelligence and information about social, cultural, demographic, environmental, economic, political, legal, governmental and technological trends. 8) Freund argues that key external factors must not be hierarchical. 9) The I/O approach to competitive advantage advocates that internal factors are more important than external factors in a firm achieving competitive advantage. 10) An economic trend in America is the increasing
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CRISIS MANAGEMENT Competitive intelligence: It’s the process of ethically, collecting, analyzing, and disseminating accurate, relevant, specific, timely, foresighted and actionable intelligence regarding the implications of business environment, competitors and the organization itself. SCIP – Strategic and Competitive Intelligence Professionals 3 main axes: 1. An ability to procure accurate and validates information to decision makers, project managers and even project team members
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To perform an external audit, a company first must gather competitive intelligence and information about social, cultural, demographic, environmental, economic, political, legal, governmental and technological trends. 8) Freund argues that key external factors must not be hierarchical. 9) The I/O approach to competitive advantage advocates that internal factors are more important than external factors in a firm achieving competitive advantage. 10) An economic trend in America is the increasing
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By knowing our Competitors we may be able to predict their next moves, exploit their weaknesses and undermine their strengths. There are four stages in monitoring competitors - the four "C"s: * Collecting the information (with a first stage - deciding what to collect) * Converting information into intelligence (with three steps: CIA -Collate and catalogue it, Integrate it with other pieces of information and Analyse and interpret it) * Communicating the intelligence. * Countering
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