Strategy and Competitive Intelligence by Bonnie Hohhof
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Garner Additional Research Sources with Grey Literature

Grey literature can offer researchers a wealth of additional information, not just in text form but video, infographics and presentations. Cindy Elliott introduces this resource which exists outside the traditional publishing model and offers some tips for incorporating grey literature into your research strategy.

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Does Anyone Actually DIY Competitive Intelligence? (Part 2)

Does Anyone Actually DIY Competitive Intelligence? (Part 2) | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

This blog follows on my blog of June 20, 2016 on the same topic. Since then, I have come across a couple more interesting mentions, again in issues of Fortune, detailing where CI techniques are being applied by teams not in the CI business. These are a couple of very big players, but it is not traditional CI. It is DIY CI.

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UN Global Compact: Capabilities for Transformation – Accenture

UN Global Compact: Capabilities for Transformation – Accenture | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

In-depth interviews with CEOs across regions and industry sectors highlight specific mindsets and approaches that business leaders see as critical to success in a new era of global development. Accelerating progress and unlocking the potential of the private sector will depend on new approaches and capabilities that can shape supply, demand and the rules of the game, harnessing the innovation of business to address global challenges.

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Podcasts to boost your business knowledge

Podcasts to boost your business knowledge | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

If you're someone who wants to stay up to date with business news and learn about the finer points of finance and entrepreneurialism, then one of the best ways to pass your commute or workout is with a business podcast. A look at some of the best business podcasts.

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How CEOs Can Keep Their Analytics Programs from Being a Waste of Time

How CEOs Can Keep Their Analytics Programs from Being a Waste of Time | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Despite billions of dollars invested in big data and analytics, the simple truth is that most projects and programs fail to meet expectations. And we have figured out why: analytics forces changes on the C-suite that the CEO has to anticipate and manage, but many don’t. From how we choose presidents to what movies we choose to watch, big data and analytics have become integral parts of our lives. But for too many companies, analytics is an unsolved puzzle with the pieces flung all over the floor. In research spanning 20 years, we closely examined 36 companies in eight industries to find out why companies are struggling.  Four challenges to anticipate.

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Why Your Innovation Team Needs a Lawyer

Why Your Innovation Team Needs a Lawyer | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

They can make sure new ideas pass muster from the start.It’s probably happened to you. A team initiates a new big idea. Perhaps it’s to make communication easier for everyone in your global organization. Or maybe it’s to take your corporate profile into the stratosphere. Whatever the goal, by the time the idea is ready to launch, the team is exhausted but thrilled to finally reap the rewards of all their hard work. Then the lawyers step in, ask questions, and kill the project — or reduce it to a shadow of its potential.

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Business Acumen vs. Business Intelligence

Business Acumen vs. Business Intelligence | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

 

In today’s volatile, uncertain, complex, and ambiguous world of business, one of the most difficult challenges organizations and leaders within organizations face is executing their business strategy through people. I believe very strongly that Business Leadership is equal to execution of your business strategy.
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Technology Must Solve Problems | Innovation Management

Technology Must Solve Problems | Innovation Management | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Whether you are designing a feature, creating a product, or building a company, your technology needs to be solving a real problem for your customers, says Cyriac Roeding, founder and CEO of Shopkick. Roeding describes how his company only began working on technology when it was explicitly needed to solve a key problem.

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Conversation with the CEO: Pierre Nanterme, Chairman and CEO, Accenture

Conversation with the CEO: Pierre Nanterme, Chairman and CEO, Accenture | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Accenture’s Chief Executive on the challenges of leading in a world that’s almost impossible to predict. The Accenture chief recently sat down with MIT SMR’s editor in chief Paul Michelman for a conversation about the challenges of digital transformation: for his own organization, for leaders of the organizations he counsels, and for a broader society. The highlights of that in-person conversation and subsequent exchanges via email are captured here.

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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

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. At the conference he described how significant progress can be made in making organizations “more intelligent.” The research is unequivocal, according to the father of behavioral economics: When it comes to decision-making, algorithms are superior to people.

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How Anxiety Affects CEO Decision Making

How Anxiety Affects CEO Decision Making | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

While top executives tend to be thought of as a confident bunch, they are no less susceptible to anxiety than the rest of us. After all, they routinely have to make important decisions, often under conditions of uncertainty, that affect countless people, organizations, and industries. It is less clear, though, what this anxiety means for how they do their jobs. Psychology research has shown that anxiety influences decision making—for example, job anxiety can cause people to fixate on potential threats, thus missing big opportunities. This made us wonder whether boards or employees should be worried about anxiety influencing their CEO’s strategic decision making in ways that might hold back their firm.We interviewed 84 CEOs and other top executives of major corporations to find out.

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The Fight for a Smaller Slice of the Pie

The Fight for a Smaller Slice of the Pie | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

. Good competitors are worth their weight in gold; they ensure that you stay alert and grounded. But focusing too much on market share can be disastrous in digitising industries. The real challenge in this case is not dividing the pie between you and your current competitors but ensuring that the pie does not disappear in front of your eyes. The biggest winner will be the consumer, who stands to gain significant power in the digital world. This will primarily affect organisations located halfway down the value chain, between the producers of individual goods and the distribution outlets.

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Asia Pacific Economic Forecast Q3 2016 Deloitte

Asia Pacific Economic Forecast Q3 2016 Deloitte | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
This edition gives the near-term economic outlook for Australia, Indonesia, Singapore, and South Korea and includes a special article defending Hong Kong’s currency peg. In Australia and Indonesia, flagging business investments are a cause for concern, while South Korea struggles with a lag in exports and Singapore’s economy faces both cyclical and structural problems.
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The Best Companies Aren’t Afraid to Replace Their Most Profitable Products

The Best Companies Aren’t Afraid to Replace Their Most Profitable Products | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Self-cannibalization occurs when a company chooses to proactively replace one product or process with another that is potentially worth less. Forward-looking incumbents recognize the need to cannibalize their own products, rather than leaving it to other startups, who are more than happy to take on the challenge. Embracing this approach isn’t easy – it doesn’t always seem natural to talk about how to replace profitable businesses. But there are four rules which can help managers of all walks of an organization instill the principle in their day-to-day work, in order to make self-cannibalization successful in the long run.

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Patterns of disruption: Anticipating disruptive strategies in a world of unicorns, black swans, and exponentials

Patterns of disruption: Anticipating disruptive strategies in a world of unicorns, black swans, and exponentials | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Established industry incumbents perpetually face the risk of being disrupted by new entrants using new technologies, business models, or approaches to capture marketplace leadership. Are there ways for incumbents to recognize the potential for disruptive strategy in advance?
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Overconfidence can cause mistakes. This is how to avoid it

Overconfidence can cause mistakes. This is how to avoid it | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Overconfidence is a powerful cognitive bias, this is why it happens and how you can avoid it. Research into overconfidence implicates it in impairing judgements across a range of situations including investors’ over-trading behaviour, managers' poor forecasting, their tendency to introduce risky products, and their tendency to engage in value-destroying mergers. Overconfidence is one of the most powerful cognitive biases because it is so ubiquitous, and causes us to make important judgements and decisions without a sensible degree of consideration. Fortunately, there are some strategies you can use to reduce overconfidence.

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The Ballooning Executive Team

The Ballooning Executive Team | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

CEOs shouldn’t need an entourage. To begin with, they find themselves more and more often acting as a referee. CEOs have always had to address conflicts between team members. But this task has grown as each new member comes aboard with a strategy to implement and an expectation that their priorities supersede all others.

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What is the right time to make a decision?

What is the right time to make a decision? | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Every decision is a choice between alternatives. Another element is the right time for the decision to be made. Very few decisions force the manager to decide immediately. In itself this is an undesired situation where a threat has emerged in complete surprise. Most decisions leave enough time to the decision maker. Facing substantial uncertainty suggests that every decision should be delayed until the last moment that allows executing the decision in full. The underlining assumption is that time adds information that reduces the uncertainty. There are serious negative branches to the above logical claim.

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Becky J Smart's curator insight, July 22, 4:13 PM

Effect of work position versus direct company orders? Who decides the outcome-the manager or the company?

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Challenge the Way You’re Measuring Data

Challenge the Way You’re Measuring Data | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Data can provide enlightening information to a company’s leaders, guiding their decisions. But measurements can be misleading, which will push you in the wrong direction. Identifying whether your data can be trusted isn’t as difficult as you may think. Start by clarifying what you want to know. If you are timing a multistep process, for example, do you want to know how long each individual step is or how long the entire process is? Both have valid uses but are quite different. Then see how closely the measurements align with what you really want to know. Strive to distinguish “pretty close” from “a good-enough indicator” from “not what I had in mind.” You may have to settle for a less-than-perfect measurement, but at least you’ll know exactly what it is you are settling on. And be sure to try the “smell test.” When results just don’t seem right, dig deeper.

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Social Listening vs. Social Media Analytics: What's the Difference?

Social Listening vs. Social Media Analytics: What's the Difference? | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Social listening and social media analytics are two common — and often complementary — categories of social media tools. Learn the key differences and uses.
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The SCOR Model and Supply Chain Management

The SCOR Model and Supply Chain Management | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

One of the most promising models for strategic decision-making in supply chain management is known as the SCOR model. 70 leading members of the manufacturing, distribution, and solutions supplier industries (in collaboration with the Supply Chain Council) developed the management tool, which is short for “supply chain operations reference model.” The program has been designed in a way that it can applicable to any size operation. The SCOR model is a process meant to assess waste, establish standards, and continuously improve. It is a repetitive framework of constant engagement and discovery, developed to describe all the business activities associated with the phases of satisfying a customer.

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Intrapreneurship: Beyond Innovation Theater

Intrapreneurship: Beyond Innovation Theater | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Despite their rising popularity, many companies are finding it difficult to yield sustainable results from their innovation and intrapreneurship programs. What does it take to go beyond the one-time initiative (or in rare some cases, the one-hit wonder)? We sat down with four speakers for the upcoming Intrapreneurship Conference in London, as a taster to what will be discussed during the day.

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Innovators should be encouraged earlier. Much earlier, says a new report

Most policies that seek to increase innovation in the United States are focused on getting as much out of current innovators as possible. But because the first seeds of new innovation sprout in many different ways perhaps policymakers should instead be focused on creating more innovators. New research shows that the key to increasing the ranks of innovators may reside in the childhoods of potential innovators.
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Adapting your board to the digital age | McKinsey & Company

Adapting your board to the digital age | McKinsey & Company | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Many directors are feeling outmatched by the ferocity of changing technology, emerging risks, and new competitors. Here are four ways to get boards in the game.
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Nothing for money: A behavioral perspective on innovation and motivation

Nothing for money: A behavioral perspective on innovation and motivation | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Can you pay people to innovate? Companies increasingly look to knowledge workers to advance new strategies, products, services, and processes, but making it happen is tricky: Dangling financial rewards can actually prove counterproductive. Behavioral research points to ways to effectively kindle employees’ motivation to innovate.
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What CEOs are reading | McKinsey & Company

What CEOs are reading | McKinsey & Company | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
So what books will corporate leaders be reading in the coming months? Here are recommendations from more than a dozen, including McKinsey’s Dominic Barton, JPMorgan Chase’s Jamie Dimon, LinkedIn’s Reid Hoffman, and Corning’s Wendell Weeks. It’s an eclectic list of fiction and nonfiction, spanning everything from classics to newcomers, business topics to biographies and folk tales.
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