Strategy and Comp...
Follow
Find
343.9K views | +162 today
 
Scooped by Bonnie Hohhof
onto Strategy and Competitive Intelligence by Bonnie Hohhof
Scoop.it!

The Cognitive Bias Keeping Us from Innovating

The Cognitive Bias Keeping Us from Innovating | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Companies often struggle to develop breakthrough products because they are hobbled by Functional Fixedness. Technologists, engineers, and designers not only have their own expertise, they have their own way of applying their expertise. Ironically, the more success they've had with their approach to a solution, the harder it is to imagine a different one.

more...
No comment yet.
Strategy and Competitive Intelligence by Bonnie Hohhof
Your new post is loading...
Your new post is loading...
Scooped by Bonnie Hohhof
Scoop.it!

Multi-tasking and competitive intelligence

Multi-tasking and competitive intelligence | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Previously, I have written about CI analysis, with tips on what to do and not to do to keep your mind sharp and to do it well. There is more to add. Here, I want to talk about that vital contemporary skill – multi-tasking. Multi-tasking means you have developed the ability to talk on the phone while working on a memo and reading incoming emails copied to you. It is a critical skill for surviving corporate information overload. Mastering it makes you more productive. Right? Wrong!

more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

Competitive Intelligence in Companies: The Good, The Bad, and The Ugly

Competitive Intelligence in Companies: The Good, The Bad, and The Ugly | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Almost all of the Fortune 500 companies today recognize the need for competitive intelligence (CI), though not all interpret the role the same way. The vast majority of these large companies designates dedicated intelligence analysts but also assigns CI responsibilities and training to managers in market-facing functions such as business development, marketing, strategic planning, product management, and innovation.
more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

The Power of Competitive Intelligence in Marketing

The Power of Competitive Intelligence in Marketing | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
The digital world is evolving at a never before pace. With Big Data and other data science technologies coming into play, businesses are now discovering the power of competitive intelligence in marketing
more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

Why Social Media Competitive Intelligence Is Your New Secret Weapon

Why Social Media Competitive Intelligence Is Your New Secret Weapon | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

If someone looked at your browser history, how many times would your competitors’ social media profiles appear under the “Recently Visited” list? Probably more than you’d care to admit. We all creep the competition’s social media profiles; after all, we want to see what we’re up against. But there’s a much better way to understand how your brand compares to the competition and use this information to inform your business strategy: social media competitive intelligence.

more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

Profile of a ‘Change Instigator’ CIO - Deloitte CIO - WSJ

Profile of a ‘Change Instigator’ CIO - Deloitte CIO - WSJ | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
As leaders who spearhead technology-enabled business transformation and change, instigators are known for experimentation, shaking things up, pushing boundaries, and introducing new ideas from outside their organizations. They take pride in their craft and put tremendous thought into setting a cogent vision and communicating clear expectations for their peers and the IT organization. They are meticulous about executing their plans and pushing widespread changes into the farthest reaches of their organizations.
more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

People Love Games - but Does Gamification Work? - Knowledge@Wharton

People Love Games - but Does Gamification Work? - Knowledge@Wharton | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
It’s tempting to assume that gamification works, given the enormous long-running popularity of video games and gaming systems ever since Atari’s Pong was released in 1972. Who doesn’t love games? But the world’s experts on gamification will tell you that everything about this fledgling field — even the very definition (loosely, the application of game elements to non-game situations) — is still up for grabs. And what succeeds at one company won’t necessarily succeed at another.
more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

Mutually Assured Disruption

Mutually Assured Disruption | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Many incumbents respond to these threats to their customer base by trying to compete head-to-head, acquiring startups, setting up their own separate digital shops and venture funds, outsourcing, or becoming partners in joint ventures. And although some of these efforts may succeed in their own right, ultimately they fail to enable incumbents to do the kind of major rethinking of their business model that is demanded by disruption. To do so, companies need to engage their disruptors by entering into a new type of business relationship — what we call collaborative reinventio
more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

EY - Mergers, acquisitions and capital raising: 2015 trends, 2016 outlook

EY - Mergers, acquisitions and capital raising: 2015 trends, 2016 outlook | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

The sector has experienced a decline in deal activity for the fifth consecutive year. This comes as no surprise given the uncertainty over long-term fundamentals and increasing levels of financial distress. However, this distress may be the precursor to recovery in deal volumes — if not value — during 2016. Management across all levels of the mining and metals sector continue to focus on balance sheet and margin improvement.  With internal options exhausted, management are having to make strategic decisions that have long-term implications on the future direction of the business:

more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

Where Companies Spend Their R&D Money

Where Companies Spend Their R&D Money | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Corporate R&D has become overwhelmingly global. According to the 2015 Global Innovation 1000 study, 94 percent of the world’s biggest innovators now conduct parts of their R&D programs abroad. But where they spend their R&D money has changed dramatically. Asia is now the top destination for corporate R&D spending, followed by North America and Europe. In 2007, the three regions were ranked in reverse order.
more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

Toward a value-creating board | McKinsey & Company

Toward a value-creating board | McKinsey & Company | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Directors say they dedicate more time now to their board duties than ever before and that, since 2011, they’ve cut in half the gap between the actual and ideal amount of time they spend on board work. In the newest McKinsey Global Survey on corporate boards,1 the results confirm that strategy is, on average, the main focus of many boards. Yet directors still want more time for strategy—more than any other area of their board work—when they consider its relative value to their companies.
more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

The Revolution in Private Sector Intelligence | CTI Summit 2016

Threat intelligence is a hot topic, but the hype obscures a revolution which extends beyond the latest Silicon Valley venture-backed tech unicorn. This movement is powered by the combination of social media, ubiquitous cameras, low-cost digital satellite imagery, and a mix of former intelligence professionals and enthusiastic hobbyists. Together these forces are driving a revolution in private sector intelligence,

more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

China on the Way to Becoming a Global Innovator

China on the Way to Becoming a Global Innovator | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

As part of the transformation of the Chinese economy, attested by many recent news, China is fast transitioning from low cost manufacturing to a higher value innovation-led economy. This article looks at this momentous transition

more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

Revisiting ROI on competitive intelligence

Revisiting ROI on competitive intelligence | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

A new study on use of competitive intelligence in organisations confirms that there is significant return on investment in CI.Very few if any organisations have found reliable ways to measure the ROI on competitive intelligence activities. However, competitive intelligence teams do need to establish their value in helping the organisation meet its business objectives to justify their very existence. a quantitative study published in the HBR by none other than Benjamin Gilad and Leonard Fuld, leading authorities in competitive intelligence today.

more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

How to Benchmark Cash Flow Using Competitive Analysis

How to Benchmark Cash Flow Using Competitive Analysis | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Luckily, there’s an easy way to measure benchmark against competition: look at the data. Specifically, there are several KPIs hidden within public financial data that, if used comparatively, can reveal some powerful insights. Here are four metrics worth their weight in gold:

more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

How Media Monitoring & Analysis Lead to Better Competitive Intelligence

How Media Monitoring & Analysis Lead to Better Competitive Intelligence | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
’ Too often, companies focus their CI efforts on competitors. It’s a reasonable assumption, after all, because both words come from the same root. But competitive intelligence goes beyond what your cross-town—or global—rivals are doing. Here are three ways you can enhance the value of your competitive intelligence.
more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

Data-driven Competitive Intelligence – The Ultimate Business-winning Axis

Data-driven Competitive Intelligence – The Ultimate Business-winning Axis | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
yesterday’s rules for a given game may no longer apply today. This is what makes the business environment evermore challenging. And this, by itself, clearly demonstrates that countries and companies need to invest in competitive intelligence (CI) to stay afloat and ultimately succeed. CI is the window to look into the dynamics of your competitors. CI can generate extremely valuable information from your competitors’ viewpoints, especially their relationship with customers and how they perceive the market.
more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

4 Reasons to Invest in Regulatory Intelligence

4 Reasons to Invest in Regulatory Intelligence | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Justifying the need for regulatory intelligence (RI) investments is uniquely challenging—so where do you even begin to convince your organization that RI has value? Here’s what your organization may not know.  In general, what is the true value of being able to provide superior strategic insights to your management team?

more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

Analytics Trends 2016: the next evolution | Deloitte Analytics

Analytics Trends 2016: the next evolution | Deloitte Analytics | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

As we enter our third year of identifying the analytics trends that are likely to influence the trajectory of the business world in coming years, it's clear that some trends aren't going away. Instead, they are evolving at a rapid pace. In the world of science, such rapid evolution demands closer analysis—and the same is true with these analytics trends. They deserve a fresh look. This year, we're taking stock of a mix of both new and familiar topics that are shaping an "everywhere analytics" world—where analytics, science, data, and reasoning are embedded into the decision-making process, every day, everywhere in the organization. Six significant trends are in play.

more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

Why the Best Technology Isn’t Always the Winner - Knowledge@Wharton

Why the Best Technology Isn’t Always the Winner - Knowledge@Wharton | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Anyone who has watched the evolution of technology knows that sometimes, clever new technologies emerge and quickly supplant the incumbents, while others may take years or decades to take off — if they gain widespread traction at all. So for investors, consumers and businesses, the key question is: What is the differentiating factor between the fast winners and the slow losers?
more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

In Search of Ingenuity

In Search of Ingenuity | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Your innovation team needs people who are makers as much as they are thinkers. These are people who, when faced with uncertainty, don’t wait until they see a clear path and a right answer but who prefer to start doing — seeing what works and what doesn’t. Moreover, innovation requires people with the confidence to know that they can find a way to cross any bridge when they get there — even if they have to build a new bridge to do it.
more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

Digital Disruption: The Growth Multiplier - Accenture

Digital Disruption: The Growth Multiplier - Accenture | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Understanding which digital investments can best improve gross domestic product (GDP) is the subject of recent analysis by Accenture Strategy and Oxford Economics. Accenture Strategy research highlights the increasing importance of digital to world economies, with our forecast of digital economy growth rising to 25.0 percent by 2020. Our analysis also shows the potential uplift in GDP is even greater if digital investments are tailored to the specific needs of each economy. We reveal an optimal combination of investments in digital skills, technologies and accelerators could help business leaders and policy makers be more competitive, productive and enrich people’s quality of life.

more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

CIA Releases Diversity and Inclusion Strategy for 2016-2019

CIA Releases Diversity and Inclusion Strategy for 2016-2019 | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
n a statement made in connection with the release of the strategy, CIA Director John Brennan said: “Excellence in foreign intelligence demands broad perspectives, both in our understanding of a complex world and in our approach to challenges and opportunities. Broad perspectives come from diversity in thought, ethnicities, backgrounds, and experiences. Embracing and leveraging diversity through an inclusive culture fosters innovation, new ideas, and new insights which is at the heart of what we are charged to do and is what will drive mission success.”
more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

Pharma M&A: Agile shouldn’t mean ad hoc | McKinsey & Company

Pharma M&A: Agile shouldn’t mean ad hoc | McKinsey & Company | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
For some, it also marks a moment to revisit best practices. As essential as agility is for the fast-paced acquisition of programmatic M&A, it’s not an excuse for the kind of ad hoc approach we’ve encountered in far too many deal teams. And even otherwise-strong performers will benefit. When we examined the survey for insights from PMP respondents, we found three areas in particular where companies could be doing better: keeping the right level of CEO involvement, standardizing the process wherever practical, and reinforcing feedback mechanisms.
more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

The ITC Flexes Its Trade Secrets Muscles Again

The ITC Flexes Its Trade Secrets Muscles Again | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

The Federal Circuit has once again affirmed the ITC’s broad jurisdiction to investigate and, if necessary, remedy extraterritorial misappropriation of trade secretsBased on this and other recent decisions, it looks like the ITC will continue to be a significant forum for trade secret battles.

more...
No comment yet.
Scooped by Bonnie Hohhof
Scoop.it!

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

competitive communication analyses, those decks full of competitors’ campaigns and other communications - trying to depict "how the market works" in terms of advertising and such. After having talked about the validity of the common reasons to do competitive analyses let me get to the actual reasons against investing much time in them. I can instantly think of the following two:

more...
No comment yet.