Strategy and Competitive Intelligence by Bonnie Hohhof
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The Human Algorithm: Redefining the Value of Data

The Human Algorithm: Redefining the Value of Data | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

The onslaught of real-time social, local, mobile (SoLoMo) technology is nothing short of overwhelming. Besides the gadgets, apps, social networks and appliances that continue to emerge, the pace of innovation is only outdone by the volumes of data that each produce

Bonnie Hohhof's insight:

listed as a disruptive trend

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Pedro Barbosa's curator insight, December 14, 2012 3:57 AM

SoLOMO and INfluence are clearly some of the trends for 2013 - 2015.

Augmented Reality and Gamification did start already.

 

Attention to Syndicated Commerce. 

 

Pedro Barbosa - www.pbarbosa.com | www.harvardtrends.com

Fred Zimny's curator insight, December 14, 2012 12:54 PM

I am not sure about local. But the effects of SoMo are indeed overwhelmng

Strategy and Competitive Intelligence by Bonnie Hohhof
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How to Create an Exponential Mindset

How to Create an Exponential Mindset | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
To create exponential value, it’s imperative to first create an exponential mindset. The incremental mindset focuses on making something better, while the exponential mindset is makes something different. Incremental is satisfied with 10%. Exponential is out for 10X.
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EY - Luxury and cosmetics factbook 2015

EY - Luxury and cosmetics factbook 2015 | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Luxury and cosmetics financial factbook, 2015 edition
Seeking sustainable growth. The global market for luxury personal goods grew by 3% in 2014. But the rate of growth fell for the second year running. The industry has entered a mature phase after a decade of double-digit growth. The 2015 edition of our Luxury and cosmetics financial factbook explores these headline trends in more detail. And it highlights some of the challenges and opportunities they create for the sector.

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How stress impacts decision-making

How stress impacts decision-making | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Corporations do an admirable job of perpetuating the idea that they run on reason and that their executives are immune the emotional factors that impair the thinking of lesser mortals. But they're not. Despite the rational veneer that corporations try to attach to major decisions, the executives who make them are impacted by stress just like everyone else and are equally prone to making hasty ill-conceived decisions in the heat of the moment.

Moreover, the types of decisions that top executives must make are particularly vulnerable to the effects of stress because they frequently involve complex issues for which there are no easy answers. To effectively make these types of decisions, executives must use higher-level reasoning processes which depend on the brain's executive functions.

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Win/Loss Analysis – A Book Review

Win/Loss Analysis – A Book Review | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Ellen here deals not just with competitive intelligence (CI), a vital subject as readers of this blog know, but specifically with its application in a vital and impactful area – win/loss analysis. She is not talking about the postmortems that are held after a successful, or unsuccessful, pitch or even bid, with the sales forces. That, she properly distinguishes as win/loss interviews.

Win/loss analysis is a form of directed CI. In it, someone, inside or outside of your firm, interviews the customers you have won, as well as those you have lost. The differences are night and day.

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How to Use Competitive Analysis to Build a Content Strategy

How to Use Competitive Analysis to Build a Content Strategy | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

You can't let the competition dictate your strategy, but you do need to know how they're positioning themselves. Sid Bharath explains how to use this knowledge to inform your own strategy. In this post, we’ll talk about how to analyze your competitors to identify their strengths and weaknesses, so you can carve out a unique direction for your own content marketing

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Managing the Challenges of “Coopetition”

Managing the Challenges of “Coopetition” | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Sometimes the best way to stay competitive is not to compete. It may be less risky than you think. More and more companies – from start-ups to incumbents– are taking a less literal approach to pursuing competitive advantage. They’re discovering untapped value potential by engaging industry rivals with a hybrid strategy of cooperation and competition, or “coopetition”.
Obviously, coopetition alliances come with a unique set of tensions requiring careful management. Adopting two diametrically opposed attitudes– cooperation and competition – toward the same party is a tricky balance to sustain. If participants are too obliging, they risk being exploited; if they are too guarded, the intended synergies are jeopardised. That is why most scholars recommend that coopetition partners employ separation strategies, such as convening two different teams to handle the cooperative and competitive aspects of the relationship.

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Launching an Insights-Driven Transformation - Accenture

Launching an Insights-Driven Transformation - Accenture | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Insight-driven decisions based on robust analytics capabilities are the key to developing a competitive advantage. Leading organizations are moving beyond just using analytics and are transforming themselves into insight-powered enterprises.Accenture Analytics benchmarking study seeks to understand how companies are structuring their analytics organizations and incorporating analytics into decision-making processes.

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Daniel Kahneman’s Strategy for How Your Firm Can Think Smarter

Daniel Kahneman’s Strategy for How Your Firm Can Think Smarter | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Nobel economics laureate and psychologist Daniel Kahneman — considered the father of behavioral economics – retired from his teaching position at Princeton a few years ago to co-found a consulting firm in New York. In a talk at the recent Wharton People Analytics Conference, he said of his consulting experience that he had “expected to be awed” by the quality of the decision-making in organizations “that need to make profits to survive in a competitive world.” “I have not been awed,” he stated. Figuring out how to make the act of decision-making “commensurate with the complexity and importance of the stakes” is a huge problem, in Kahneman’s view, to which the business world does not devote much thought

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Technology and the “End of Management”

Technology and the “End of Management” | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

No, software will not render managers obsolete, but you will need to be more skilled than ever before. Editor’s Note: This is the fifth in a special series of commissioned essays MIT Sloan Management Review. I’ve been thinking about technology and management for over a decade and in the process have written two books describing some of the ways the practice of management will respond to rapid technological innovations. Looking back, I made four predictions about management and technology:

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30 Minutes to Get Unplugged from the Innovation Hype

30 Minutes to Get Unplugged from the Innovation Hype | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

At a time when organisations are plugging more effort into innovation, Gerard Harkin has written a book called 'Innovation Unplugged'. Why? As he puts it himself, Gerard is on a mission to make innovation more effective by ‘unplugging’ from the hype, confusion and ‘gobbledygook’ that are so prevalent today, and return to the basic principles of innovation, and its role in enabling business growth.

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Why a competitive analysis is the worst way to approach things in strategy.

Why a competitive analysis is the worst way to approach things in strategy. | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Today I'd like to discuss something that is done way too often by communication strategists in ad agencies. I'm talking about competitive communication analyses.  I mean those decks full of competitors’ campaigns and other communications - trying to depict "how the market works" in terms of advertising and such. Let me first describe what I feel are the most common reasons for conducting such a competitive analysis in the first place. And I mean the real reasons, not the official rationale...

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How Chinese Companies Disrupt Through Business Model Innovation

How Chinese Companies Disrupt Through Business Model Innovation | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Chinese textile, apparel, appliances, metal, and solar and wind players have done little that has been different from the practices they found in these industries when they entered them. They’ve simply undercut Western competitors by offering cheaper prices. They have been displacers, not disrupters. The difference between displacement (outperforming existing market incumbents at their own game) and disruption (changing the game) is strategically important, no matter how similar the pain they cause is. Displacement generally is easier to combat than disruption

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The 4 Mistakes Most Managers Make with Analytics

The 4 Mistakes Most Managers Make with Analytics | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
companies sit on a treasure trove of customer data but for the most part do not know how to use it. In this article we explore why. Based on our work with companies that are trying to find concrete and usable insights from petabytes of data, we have identified four common mistakes managers make when it comes to data.
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EY - Vital Signs - The new EU Medical Device Regulation

EY - Vital Signs - The new EU Medical Device Regulation | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Sweeping reform of the rules that govern the medical device industry in Europe represents one of the most disruptive changes to affect the global medical technology sector in recent times. When the European Medical Device Regulation (EU MDR) replaces the current set of directives, companies will have three years to comply with a broad swathe of new rules for almost every kind of product in the medical device spectrum.
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UN Global Compact: Valuing Sustainability – Accenture

UN Global Compact: Valuing Sustainability – Accenture | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
 
Fully 88 percent of CEOs say greater integration of sustainability issues in financial markets is essential to progress on sustainability. Yet companies have not sufficiently educated investors about the role of sustainability in their ecosystem: Including competitive threats, long-term opportunities, and future industry landscapes.
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6 Surprising Benefits of Threat Intelligence From the Web

All sorts of threat intelligence is available on the web. Intelligence you can learn from, and use to anticipate and prepare for future attacks. Sourcing threat intelligence from the web is hardly a new thing. After all, companies in the threat intelligence space have been sharing valuable information for several years now, But that’s not the only thing on offer. If you know where to look, or have a platform setup to do it automatically, all sorts of open source information is available on the web. Information you can learn from and use to anticipate and prepare for future attacks.

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Understanding Your Competitive Market Landscape

Understanding Your Competitive Market Landscape | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Taking the pulse of your brand is of the utmost importance to determine how it compares in a competitive market.\n. These are questions you should be asking yourself.

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Corporate Strategy Decision Making, Demystified

Corporate Strategy Decision Making, Demystified | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
In the world of management, it is tempting but incorrect to define good decisions after the fact, based on the favourability of their apparent outcomes. In an uncertain world, we should never underestimate the ability of luck—either good or bad—to come between a strategic plan and its rightful realisation. Good decisions, then, could be thought of as those that (1) are the best given current limitations on information (and may involve recognition of those limitations), and (2) can be persuasively justified to others within the organisatio
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Forecasting the Success of Innovations

Forecasting the Success of Innovations | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

This is an issue that surfaces again and again – firms need to estimate the potential success of ideas, both creative ones and more conventional ones. Innovative solutions are increasingly granting a competitive edge, but managers cannot decide to invest in every novel idea an organisation generates. At the same time, organisations can’t afford to miss out on potentially transformational ideas. How can organisations make better decisions about which ideas to pursue? In a forthcoming paper in Administrative Science Quarterly, Justin Berg, of the Stanford Graduate School of Business, examines this question in the context of who in the organisation might be best placed to decide what is most likely to be a creative success: creators, managers or customers?

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How Competitive is Your Law Firm?

How Competitive is Your Law Firm? | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Conducting a law firm competitive analysis now and into the future requires a structured process and an objective evaluation of several components.The competitive analysis is an advanced process including both internal and external components.  It assesses the firm's situation and compares the firm to it competitors. For the next several weeks we will discuss each of the elements of a competitive analysis in more detail.

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What China’s Shift to a Service Economy Means for Its Managers

What China’s Shift to a Service Economy Means for Its Managers | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

There is no doubt that China has been one of the main engines of global growth in the last three decades. Essential to this economic success story has been China’s role as “the factory of the world.” Their reliance on export-dependent manufacturing is, however, coming to an end. As China moves away from a manufacturing-driven economy to a more consumption and service-driven model, Chinese companies will have to find new ways of managing and motivating their employees. A manufacturing-driven economy has different requirements than a service-driven one and thus brings forward the question whether the incentive systems used to motivate employees in the former model will still work in the latter model.

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This is how the IMF thinks we can boost global growth

This is how the IMF thinks we can boost global growth | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

David Lipton, First Deputy Managing Director at the IMF, looks at the different reforms that could drive growth in economies around the world. The IMF’s April 2016 World Economic Outlook has also highlighted the key role of structural reforms in boosting economic growth, specifically the impact of labor and product market reforms on growth in advanced economies. And a new staff paper pulls together our specific structural reform recommendations for G-20 countries.

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Cascading delays [Agile decision-making series]

Cascading delays [Agile decision-making series] | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

.This represents organisational multitasking and the language of multitasking is required: cooperation, pre-emption, overhead, context switching, and deadlock. These terms are just as relevant to teams and individuals that must balance multiple priorities and multiple responsibilities simultaneously. Without a formal process in place, multitasking issues are resolved through ad hoc cooperative processes such as: Rounds of e-mail correspondence; Phone conferences, and/or In-person meetings. This resource co-ordination work is common and often highly political, and can also be considered pure overhead. Cascading delays happens when an incorrect focus on project A by one team delays the completion of initiative B, which then further delays the start of project C, and so on

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Top Business And Market Intelligence Websites - Startup World

Top Business And Market Intelligence Websites - Startup World | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
It is important to conduct market research in order to promote you product. Here are the list of websites that can help you with your market research. 
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The Dos and Don’ts of Working with Emerging-Market Data

The Dos and Don’ts of Working with Emerging-Market Data | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Emerging-market data can be challenging to work with due to significant data gaps, biased data, and outdated or incorrect numbers.  But because they are so prevalent when it comes to emerging-market data, the challenges are exacerbated. They can lead executives to make misguided investment decisions, and put a company’s reputation and jobs at risk. companies can avoid the pitfalls of evaluating emerging-market data, and successfully use it to support strategic decisions, if they follow a few key do’s and don’ts

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