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Four Innovation Trends to Watch in 2013

Four Innovation Trends to Watch in 2013 | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

So here are four innovation ideas — themes, really — sure to gain significantly greater mind- and market-share over the coming year. What do they all have in common? Individual empowerment..

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Redefining M&A Strategy to Drive Competitiveness in a Digital World - Accenture

Redefining M&A Strategy to Drive Competitiveness in a Digital World - Accenture | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Companies historically have viewed mergers and acquisitions as a way to spur growth by “bulking up”. But the focus of M&A increasingly is shifting. Digital disruption and industry convergence are forcing companies to adapt to a new ecosystem—and adopt a new M&A strategy that enables them to pursue more strategic, smaller acquisitions that can serve as a platform for new business models.

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Damla Ofis Büro Mobilyaları's comment, May 24, 4:45 PM
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Global Deflation Risks: Planning Considerations for CFOs - Deloitte - WSJ

Global Deflation Risks: Planning Considerations for CFOs - Deloitte - WSJ | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

As prices continue to fall in the eurozone, Japan and China, concerns that deflation could spread to the global economy are on the rise. Dr. Ira Kalish, chief global economist for Deloitte Touche Tohmatsu Limited, discusses the deflationary risks and implications of government actions, shrinking global growth and negative price pressures for US-based companies, as well as steps CFOs can consider to address those risks

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Minimum viable transformation: Part of the Business Trends series - Deloitte

Minimum viable transformation: Part of the Business Trends series - Deloitte | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Leaders are taking lessons from the startup playbook on “minimum viable products” to launch minimum viable transformations—lightweight and readily adaptable versions of potential new business models. Business ecosystems come of age report. 

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How Big Data Can Drive Competitive Intelligence

How Big Data Can Drive Competitive Intelligence | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

It’s time for businesses to start a competitive intelligence process -- while lowering the cost of analyzing information. In short, you need to continuously gather data online, from social media, website changes, news sources, and posted documents online, looking for clever bits of gold in the digital stream. You’ll need to blend baseline of competitive intelligence (to prevent surprises in your own business) with proprietary data sets obtained on the market (to create surprises –you’re your rivals). Indeed, a universe of third-party data can add context to internal marketing data and can provide strategic insight into the vulnerabilities of competitors. Consider these three market trends

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Eloquens's curator insight, May 24, 9:29 AM

How Big Data can garner great insights for your competitive intelligence.

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50 Shades of Dark: From the Surface to the Dark Web

50 Shades of Dark: From the Surface to the Dark Web | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

We just published a new white paper outlining how we used open source intelligence (OSINT) to research the Dark Web. There is a lot of talk about the Dark Web these days, including how cyber criminals use it to spread malware, leak intellectual property, and publish user account credentials. So, we decided to explore the Surface, Deep, and Dark parts of the Web to see what information is available and how they are connected. What we found was there really is no sharp border between them. Information tends to seep into the Surface Web from its darker parts, and it is more appropriate to talk about one Web, with different shades of darkness.

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Signs That You’re Being Too Stubborn

Signs That You’re Being Too Stubborn | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

They’re hardheaded. They dig their heels in. You know the type — people who are way too stubborn for their own good. While it’s easy to point the finger at others who exhibit this behavior, it can be hard to recognize this trait in yourself. Here are the signs that you’re being too inflexible:

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Let’s Stop Arguing About Whether Disruption Is Good or Bad

Let’s Stop Arguing About Whether Disruption Is Good or Bad | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

The idea of disruption excites some people and terrifies others. So Christensen’s work was in no way an attack, but in fact an acknowledgement of the shortcomings of his own profession. In essence, his point was that businesses that fail are often not the feckless bumblers they’re made out to be.  Rather that by diligently following the precepts of incomplete models taught in business schools, they fall prey to assumptions that do not apply.

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People are really bad at knowing what they don't know

People are really bad at knowing what they don't know | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it


Human reasoning can fail in many different ways. One of the most pernicious common things we get wrong is overestimating our own abilities. Based on the responses of 1,985 anonymous quiz takers, Mauboussin and Callahan found that most respondents were overconfident in their knowledge. The more confident people were in their answers, the further away their perceived probability of being right was from their actual probability of being right.

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How to Build Visibility, Trust and Collaboration with Intelligence Aggregation Systems - Webinar

How to Build Visibility, Trust and Collaboration with Intelligence Aggregation Systems - Webinar | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Wednesday 10 June 2015. Does everyone in your organization aggregate information from secondary sources the same way? Do they comment in a centralized repository where institutional knowledge can be learned and leveraged for competitive advantage? If you answered “no” to either of those provocative questions, then join us for a webinar to learn about how intelligence aggregation systems unite the people, sources and knowledge in your organization to collaborate on competitive and market issues.

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Are we kidding ourselves on competition?

Are we kidding ourselves on competition? | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

The traditional textbook model of competition in an oligopoly goes likes this. Firms choose prices and other variables (like product quality, advertising and R&D) to maximise their own profits and disregard the impact of their actions on (a) competing firms and (b) consumers; although with the latter since they want them to buy products they aren’t completely immune to their welfare. This model is essentially unquestioned but, in reality, it relies on a view of firm ownership that is markedly different from corporate reality. In particular, large firms are owned by shareholders (who may also be their consumers) but, more importantly, may be the shareholders of their competitors as well..

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Predicting Competitor Growth – 3 Tools for Analyzing the Buyer’s Journey

Predicting Competitor Growth – 3 Tools for Analyzing the Buyer’s Journey | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
  • Competitive intelligence tools for analyzing relative search engine rankings and web traffic data.
  • How the B2B buyer’s journey is rapidly changing.
  • Why it is imperative to leverage the predictive capabilities of competitive intelligence tools.
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11 keys to successfully launch a Competitive Intelligence Unit

11 keys to successfully launch a Competitive Intelligence Unit | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

When launching a Technological Surveillance/Competitive Intelligence (TS/CI) Unit in an organization there may be two situations; that the organization decides to design and implement the TS/CI Unit by itself, or that it decides to outsource the services of a specialized company. Launching a TS/CI Unit is a process that requires some multidisciplinary skills, previous experience and some dexterity to motivate and to find the facilitators that make the process as efficient as possible.  Here are 11 keys that can help you to launch your CI Unit:

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Can SK become a Canadian Hub for Collaborative and Integrated CI?

Can SK become a Canadian Hub for Collaborative and Integrated CI? | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Competitive Intelligence (CI) is an ever-evolving field. Its acronym is quickly becoming linked with another “C” and an “I” – Collaborative and Integrated. It’s almost as if one is an enabler of the other, and this “new” function of Competitive Intelligence cannot progress without it being Collaborative and Integrated. If you want to learn a bit more about Competitive Intelligence and how to potentially implement it in your organization, read Four (fairly) simple steps to jump start your Competitive Intelligence program.

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Asia Pacific Economic Outlook Q2 2015 - Deloitte

Asia Pacific Economic Outlook Q2 2015 - Deloitte | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
This edition gives a near-term outlook for Australia, the Philippines, Taiwan, and Thailand. Australia faces slowing growth. The Philippines is entering 2015 on a high. Taiwan is in the shadow of China. And Thailand’s economic recovery depends on its internal stability.
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Product Innovation: Who is really in charge? | Deloitte US

Product Innovation: Who is really in charge? | Deloitte US | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Product innovation is a priority for virtually every hi-tech company. However, there is often organizational disagreement and confusion around who should own the innovation agenda and how commercialization of ideas should be managed. This lack of clarity can result in a sputtering innovation engine and a risk-averse culture. On the bright side, figuring out the right organizational model for your company isn’t as complicated as you might think.
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Incumbents as attackers: Brand-driven innovation | McKinsey & Company

Incumbents as attackers: Brand-driven innovation | McKinsey & Company | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
This kind of brand-driven innovation has come of age in the past few years for a number of reasons. If you are an incumbent with a dominant position in a saturated market, your chances of gaining much more share may be slim. Entering a new category could be your only realistic option to achieve internal and external growth targets. In addition, brands are increasingly defined not by what they communicate or the campaigns they run but by the kind of customer experiences they provide. What’s more, brand-driven innovation can be a tool to strengthen or sharpen a brand’s positioning: consider how Apple’s brand strength seems to grow with each new category it enters.
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How to Conduct a Thorough Competitive Analysis

How to Conduct a Thorough Competitive Analysis | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Conducting a thorough high-level competitive analysis is essential to online success. Here, we walk you through the steps. Completing an analysis of your competition before you open up shop is not only wise, it’s essential to staying in business. By monitoring your competition on an on-going basis, you’ll get to know their behavior, enabling you to anticipate their actions and stay one step ahead. As we well know, competitors are simply alternative options for your customers, and we want to make sure they pick you over everyone else.

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Eloquens's curator insight, May 24, 9:33 AM

This takes you step by step through the process of conducting a thorough competitive analysis.

Damla Ofis Büro Mobilyaları's comment, May 24, 4:45 PM
http://ucuzburomobilyalari.com/ofis-mobilyalari/ofis-bankolari
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A New Resource for Competitive Intelligence Tools

A New Resource for Competitive Intelligence Tools | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Leveraging competitive intelligence toward the promotion of your product online is an important part of marketing strategy.  You can gain invaluable insight into how well your competitor’s website performs, the keywords they are targeting, how they are spending their online advertising dollars and how they engage with their customers and industry influencers on social media.  Used properly, this information could make all the difference to your organization’s success. But, the amazing array of options available for gathering this information can be overwhelming. For this reason, I have been researching and cataloging online tools that can be used for competitive research and have now begun to share them in a “resources” section on my blog.

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Brennan: CIA Must Rely on Social Media in the Middle East

Brennan: CIA Must Rely on Social Media in the Middle East | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Brennan cited the Arab Spring as an example of the power of social media and the role it plays in intelligence gathering. “You’re not going to have insight into what’s going on in the streets if you have a spy in the prime minister’s office because they may be totally disconnected as a lot of authoritarian regimes are,” he said. “We need to have a better sense of what is happening on the street. What are the types of things that are motivating people? What are the types of sparks that can set aflame the forests in the area? That’s where social media gives you really good insights in ways you are not going to be able to get from a lateral asset.”

Brennan said the CIA has to start thinking more “creatively” with a 21st century mindset.

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Measure Your Team’s Intellectual Diversity

Measure Your Team’s Intellectual Diversity | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Inventive thinking in a team setting is fueled by a blend of talents, skills, and traits that rarely all exist in a single person—such as an ability to see problems through fresh eyes, a knack for understanding a frustrated customer’s complaints, or a flair for turning a creative idea into a profitable innova­tion. This kind of intellectual diversity is more likely to be present when individuals on the team come from different disciplines, backgrounds, and areas of expertise

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Health Care Transparency Should Be About Strategy, Not Marketing

Health Care Transparency Should Be About Strategy, Not Marketing | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

 Health care organizations need to re-think their concept of strategy to thrive in a marketplace driven by competition on value – how well they improve patient outcomes and reduce costs. That re-thinking begins with clarifying what the organizations are truly trying to accomplish, and for what “customers,” and how they are going to distinguish themselves from competitors and offer a unique value proposition. Make no mistake – improving value for patients is hard. But as Michael Porter and I write in our recent Perspective article in The New England Journal of Medicine, “Why Strategy Matters Now,” providers are unlikely to succeed if they cannot focus on this goal.

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5 facts about the minimum wage: Pew Research

5 facts about the minimum wage: Pew Research | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

While the idea of raising the minimum wage is broadly popular, efforts to do so at the national level have stalled. We gathered key facts looking at the issue. While the idea of raising the minimum wage is broadly popular, efforts to do so at the national level have stalled repeatedly in Congress, leading advocates to focus more of their efforts on cities and states. A Pew Research Center survey from January 2014 found clear partisan differences in support for raising the minimum wage: Overall, 73% of people favored an increase in the federal minimum to $10.10 an hour, mirroring a Democratic-backed proposal that failed to move ahead in Congress last year. But while large majorities of Democrats (90%) and independents (71%) said they favored such an increase, Republicans were more evenly split (53% in favor and 43% opposed).Here are five facts about the minimum wage and the people who earn it

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Eli Levine's curator insight, May 21, 1:17 PM

It is, quite honestly, criminal that we permit so many people live on so little so that a few people can have so much more than they can ever hope to spend in a lifetime.  These people are people too, and they are entitled, as human beings and American citizens, to live and have the ability to thrive and pursue happiness as well.  What good comes for those who take so much while delivering so little in return for the rest of us by comparison to the labor and potential contributions of these tens of millions of people?

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Read Secret Wars

My friend Joe Goldberg has written a novel. You should read it. It is good … VERY GOOD!
It’s a page turner in the grand tradition of international political intrigue. The subject is the espionage battle behind the “brief” conflict with Libya in 1986.
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Full Team Engagement in the Innovation Culture

Full Team Engagement in the Innovation Culture | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
The possibility of innovation is born when people transcend the beliefs that limit their thinking, and engage in the search for new and better ways. When people are doing this consistently and throughout your organization, you will see a pattern begin to emerge which you will discover is the dawning of the innovation culture. This will happen when there is a commitment to the view that everyone in your organization can make real and meaningful contributions to the innovation process. And everyone can, in fact, be an innovator, and part of your job may be to make them believe so, because in company after company it has become conclusively apparent that strong and focused leadership is absolutely required to bring forth and develop innovation on a consistent basis.

And rarely, if ever, has a great company emerged from indifferent leadership.

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Drawing the Battle Lines Between Market Research and Competitive Intelligence

All’s fair in love and war, and on the battleground that is business, intelligence is more than fair: It’s the biggest difference between the company that claims victory and the one licking its wounds and limping home. Market research is a first line of defense for every organization, but it can leave out important details about an adversary’s next move and the overall business landscape. Competitive intelligence takes market research a step further, allowing a bird’s eye view of trends, competition, and consumer behavior to come up with accurate predictions of where the market is headed. Not a substitute for solid market research, competitive intelligence gives you a better chance of anticipating a battle’s outcome.

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