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RECOBIA | Reduction of cognitive biases in intelligence

RECOBIA | Reduction of cognitive biases in intelligence | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
The aim of RECOBIA was to improve the quality of intelligence analysis by reducing the negative impact of cognitive biases upon intelligence analysis. To this end, the 9 partners of the consortium made an assessment of cognitive biases and assessed how these biases affected the practice of intelligence analysis. Building on this initial assessment, best practices to reduce the negative impact of cognitive biases have been defined in the domains of software tools, training of analysts and organisational issues.
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The Redefined No of the CFO

The Redefined No of the CFO | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

But now, the CFO role is expanding to include being the company’s premier champion of strategic discipline as well. You are charged with ensuring value creation, and your main tool for doing so is a simple one that has long been at your disposal, but never used this way before: the word no. No, in this context, does not mean what it used to mean. You are no longer seen primarily as a wielder of the sharp pencil, someone who holds the line on expenses to protect a tight bottom line. Instead, you are the voice of focused investment, asking the right questions and providing the right insights so that everyone understands when to say no and how to say yes. You help the company turn down many activities so that the few most important can thrive. The deciding factor is strategic value.

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Business Intelligence vs. Competitive Intelligence

From the outset it is crucially important to understand that BI can not replace CI and visa versa. Both has its place and both is of the utmost importance for the success of any organization. Business Intelligence is the management of a company’s internal data. Competitive Intelligence is the gathering and analysing of intelligence about the behaviour of the market you deal in, in order to make certain decisions based on market trends. CI is sometimes bundled under BI instead of both disciplines being grouped together as Knowledge Management (KM)

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10 Principles of Organization Design

10 Principles of Organization Design | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

As CEOs look to stay ahead of these trends, they recognize the need to change the organization’s design. But for that redesign to be successful, a company must make its changes as effectively and painlessly as possible, in a way that aligns with its strategy, invigorates employees, builds distinctive new capabilities, and makes it easier to attract customers.Today, the average tenure for the CEO of a global company is about five years. Therefore, a major reorganization is likely to happen only once during that leader’s term. The chief executive has to get the reorg right the first time; he or she won’t get a second chance. Although every company is different, and there is no set formula for determining your appropriate organization design, we have identified 10 guiding principles that apply to every company. These have arisen from years of collective research and practice at PwC and Strategy&, using changes in organization design to dramatically improve performance in more than 400 companies across industries and geographies. These fundamental principles point the way for leaders whose evolving strategies require a different kind of organization than the one they have today.

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Mind Mapping for Business… Are you Serious?

Mind Mapping for Business… Are you Serious? | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Whilst mind mapping is generally recognised as a technique or a methodology to aid thinking and understanding (or variations on that theme) there is a “disconnect” between mind mapping as a basic concept and the actual application of a “way of working” that it most definitely has evolved into over recent years. Although admittedly improving, there is nevertheless a lack of appreciation throughout the business world that mind mapping has moved on dramatically and has admirably kept pace with this modern technology-savvy world. The answer to how mind mapping can be applied and, more importantly, add value in business varies depending on the context, but is centred on some of the following business ten.

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Guiding Enterprise Disruption through Open Innovation - Accenture

Guiding Enterprise Disruption through Open Innovation - Accenture | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

The digitalization trend raises customer expectations across every industry, with enterprises increasingly influenced by and interconnected with innovations outside their traditional industry. Companies are seeking many different partners to create innovative solutions and together position themselves at the forefront of this new market. In other words, they are participating in Open Innovation. The Open Innovation model allows organizations to utilize external technology, solutions, knowledge capital and resources early in their innovation processes.

In many cases, organizations will partner with a range of players in a global ecosystem to jointly develop new platforms and applications, enhance core offerings, or expand into new markets. The concept allows enterprises to look beyond their four walls to bring in ideas more quickly and frequently in order to enhance their operations—and also save time and money.

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Proactive Competitive Intelligence or Where Should I Find the data

Have you ever noticed that your competitors share a lot of insights across all their digital marketing activities? Google is an open source of data, which automatically means that any user has access to data concerning any SEO or PPC campaign. Moreover, by using special competitive intelligence tools, you can not only investigate your competitors’ keyword rankings and analyze their ad copies, but you can even discover which keywords (organic or paid) bring the most traffic to their site.

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Power to the new people analytics | McKinsey & Company

Power to the new people analytics | McKinsey & Company | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Techniques used to mine consumer and industry data may also let HR tackle employee retention and dissatisfaction. The latest data and analytics buzz comes from the field of advanced HR analytics, where the application of new techniques and new thinking to talent management is becoming more mainstream. The implications are dramatic because talent management in many businesses has traditionally revolved around personal relationships or decision making based on experience—not to mention risk avoidance and legal compliance—rather than deep analysis. Advanced analytics provides a unique opportunity for human-capital and human-resources professionals to position themselves as fact-based strategic partners of the executive board, using state-of-the-art techniques to recruit and retain the great managers and great innovators who so often drive superior value in companies. Some leading organizations we know are already using advanced HR analytics successfully in certain talent-management area


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10 facts about technology use in the emerging world

10 facts about technology use in the emerging world | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

The Pew Research Center surveyed thousands of people across 32 emerging and developing nations about their technology use and how the rising influence of the internet affects their daily lives. But beyond the larger findings, we found some notable data points about specific countries that might have been lost in the fray.

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John Briggs's curator insight, March 25, 8:22 PM

This article offers an excellent insight into the technology usage trends of different countries. This provides us with some idea on what technological services will prove to be the most popular, where the interest lies within different countries and provide a rough pointer of what kinds of services that will be developed to fill these interests.

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Is Your Competitive Analysis on Life Support?

Is Your Competitive Analysis on Life Support? | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

How does your organization manage competitive intelligence? Who gathers it and from where? How is it disseminated and to whom? Where’s your own no-go line and is it the same as your employer’s? Our organizations are usually deliberate about collecting and sharing CI, but many of us don’t have an overall program structure that frames the goals, ownership, funding, and ethics. So CI looks like a heart rate strip – intermittent bursts of activity around a trade show, a launch, a business case, and of course the annual sales meeting – but very little the rest of the year.

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Risk and reward: data and technology are upending the insurange business

Risk and reward: data and technology are upending the insurange business | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Modern technology enables insurers to gauge individual risk much more precisely. Monitoring devices provide a wealth of data, as do social media, credit-card histories and other digital records. A pilot scheme in America from Aviva, a British insurer which has since sold its American business, found that analysis of a potential customer’s less conventional data, such as online behaviour and spending habits, was as effective in identifying potential health risks as a medical examination including blood and urine tests
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Become an NSA Spook in This iPhone Puzzle Game

Become an NSA Spook in This iPhone Puzzle Game | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

In TouchTone, you play an NSA analyst, alternatively solving simple geometric puzzles and scanning peoples’ emails for national security threats. The puzzles are fun, but it’s the stuff in between that’s really interesting. The game presents a simple, stylized take on the job, to be sure, but it can be a powerful experience nonetheless. As you’re trying to decide whether a particular message is pertinent to national security, you can’t help but feel in a very visceral way the queasy ambiguity at the heart of state surveillance.

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Competitiveness in the Age of Digital - Accenture

Competitiveness in the Age of Digital - Accenture | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it


Staying competitive in today’s digital world means getting much more agile, adaptive and aligned. Just when you thought the world could not get any more volatile or complex, Digital starts rapidly reshaping business models and driving industry convergence. As product and service lifecycles are shrinking from years to months to weeks, the new model of product and service adoption is more of a shark fin than a bell curve, characterized by sudden, even violent success, a short but brilliant period of dominance followed by dramatic decline. Digital is also opening the floodgates on contestable markets—ones with low barriers to entry and exit—so that both upstarts and traditional players can come from nowhere and quickly gain dominance. So how can companies create and sustain a competitive advantage? To grab opportunities in the face of today’s rapid, complex and volatile landscape, companies need to become much more agile, adaptive and aligned. Creating new models for competitiveness.

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Artificial Intelligence Is Almost Ready for Business -- HBR

Artificial Intelligence Is Almost Ready for Business -- HBR | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
In business, the explosive growth of complex and time-sensitive data enables decisions that can give you a competitive advantage, but these decisions depend on analyzing at a speed, volume, and complexity that is too great for humans. AI is filling this gap as it becomes ingrained in the analytics technology infrastructure in industries like health care, financial services, and travel.
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Andrée Laforge's curator insight, March 24, 6:23 AM

L'intelligence artificielle, nous y sommes!

Chris Mackinga's curator insight, March 27, 4:00 AM

A well written, concise article which outlines the reasons that Artificial Intelligence is going to surge in popularity and applications in the next decade, based on the factors which are supplementing its growth. It explores not only the ways in which Artificial Intelligence could be used in the future, but also new ways to integrate the technology into the myriad of social systems that are currently in place in a way which would prop them up and improve them significantly. The title is both intriguing and accurate in relation to the content, and the article was an interesting read. 

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How a private-sector transformation could revive Japan | McKinsey & Company

How a private-sector transformation could revive Japan | McKinsey & Company | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Two lost decades have taken a toll on Japan’s competitiveness, but the nation has a window of opportunity to shift its trajectory. A new McKinsey Global Institute report, The future of Japan: Reigniting productivity and growth, highlights potential avenues for growth and renewal, emphasizing areas where the private sector can take the lead. With its working-age population shrinking, Japan will have to rely on productivity as the main catalyst for economic momentum. While continued policy reform is necessary, the private sector is critical to capturing new growth opportunities. If individual companies take action to improve their performance, they could add trillions of dollars of value annually to the world’s third-largest economy
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Same Challenges For CIOs, Different Regions of the World -- Gartner

Same Challenges For CIOs, Different Regions of the World -- Gartner | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Over the past couple of weeks I have spent a lot of time with CIOs both in the US and Europe, learning more about their mission-critical initiatives and some of the challenges they face. Interestingly, the same three themes bubbled up from conversations with CIOs in both regions..

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The journalists who never sleep

The journalists who never sleep | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

‘Robot writers’ that can interpret data and generate stories are starting to appear in certain business and media sectors. To capitalise on Quill as a business venture a fellow Infolab researcher, Kris Hammond, started Narrative Science, a firm based in Chicago. Contrary to received wisdom, Hammond is sure that a good narrative is worth much more than a neat sketch, because the human brain is wired to understand an idea perfectly when put in words. “Thanks to Quill,” he says, “in a few years’ time no one will have to waste time deciphering an Excel worksheet or interpreting graphs with x and y axes ... Quill and its successors will hoover up indigestible data and transform them into clear, simple text which will enable everyone to get the message, quite naturally, through language.”

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Rina Evans's curator insight, March 27, 3:19 AM

“The 20th century is essentially growing, very techy and full of advance development. Nowadays, robot writers are created uniquely which complies with whatever it is designed to do. However, this invention can never equal to a human being. I do not intend to criticise the wonderful creation of the inventor but I will not be shocked if businesses decide to reproduce multiple amount of robots and then minimise the hiring of people to do the same job. Basically it is a machine programmed to write and become a substitute for a real writer. The worst scenario that could happen is the rise of unemployment in the field of journalism.”---rjevans

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Three Mistakes You May be Making in Leveraging Competitive Intelligence.

Three Mistakes You May be Making in Leveraging Competitive Intelligence. | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

The vast majority of these clients have turned to us because they have a problem that they need help solving. Still other times, they need to diversify to stabilize their revenue base but cannot figure out where the most lucrative opportunities lie. They are willing to make a considerable investment in an outside service provider to get the focused intelligence and strategy recommendations they need, but how can they ensure they maximize the return on that investment? Here’s a hint: Don’t commission eight competitor profiles and sit back to wait for the data to flow in. Over the years, I’ve seen three very common mistakes clients make when soliciting and managing external CI service providers. Here are some ways you can avoid them:

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Big Data Tells Us What We Want to Hear

Big Data Tells Us What We Want to Hear | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Data documenting business processes is merely a rationalized explanation of a logical theory that is proposed by humans from a distinctive perspective. In simple terms, ALL data is biased toward the creator. All data is captured from multiple perspectives and represents multiple points of bias. That means each new data point reflects the intent of the business process designer. This means it is not possible to actually assemble new analytics from existing data. Even more concerning, it is not possible to alter analysis with new data—you can only reinforce or refute the expected analysis. Any new analysis actually ALSO follows the data design at its creation. Since most new data is inserted into an existing model, it inherits the previous bias and is limited by those previous logical decisions. Human logic is inherently embedded in all business processes and all data capture is biased toward the expected outcome of those processes. And since all data is pre-existing immediately after it is designed, it will always be tainted by the original design which assumes both the business process and meaningful questions about that process...

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Monthly Competitor Audits: The Missing Elements

Monthly Competitor Audits: The Missing Elements | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Monthly competitor audits often focus on link acquisition development and other metrics such as indexed pages and load speed, but there are a number of elements that are often overlooked and can help piece together a more well-rounded view of your competitors’ activities.

This article will highlight elements that should be included in your competitor audits, where you can get this information and why it’s important.

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Big & Fast Data: The Rise of Insight-Driven Business | Capgemini

Big & Fast Data: The Rise of Insight-Driven Business | Capgemini | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it
Insights at the Point of Action Will Redefine Competitiveness. We live in a fast-moving, complex world of increasingly connected people and connected things that are creating vast new digital footprints. To thrive, organizations need to make sense of this big and fast-moving data, to gain real-time access to powerful insights and deliver them at the point of action. But how are data-driven insights changing businesses? Where are organizations today and where are they going? We surveyed 1,000 C-level executives and senior decision makers in nine regions and nine industries to help us assess where the market is heading. 
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How to Reduce Risk of New Technology Commercialization Failure , April 8

How to Reduce Risk of New Technology Commercialization Failure , April 8 | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

Learn how Lean Innovation multiplies the value of intelligence for commercialization risk reduction.  Webinar from Aurora WDC 12:00 Noon Eastern /// Wednesday 8 April 2015 ~ featuring ~ Clay Phillips 

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Mentionmapp.com

Mentionmapp.com | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

You're looking at a map of mentions. Each user is connected to the people and hashtags they mentioned the most in recent tweets.  Click a node to explore its neighborhood. Main use: Instant visualization of a specific user’s recent Twitter interactions.

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Few Companies Actually Succeed at Going Global

Few Companies Actually Succeed at Going Global | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it


We all like to learn from the best. So when it comes to growth it’s tempting to take global high-performers like GE, IBM, Shell, or BMW as role models and look for opportunities outside the home markets. The trouble is that these global role models are much easier to admire than to imitate. The lesson to be drawn from these experiences is that most companies should not treat international expansion as a default growth option. Like diversification it comes with many challenges. Few companies have the size or management capabilities to make a success of going overseas and for most it may well be more profitable to look closer to home.

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Foglino's curator insight, March 23, 6:04 AM

It is essential to analyze where resources should be invested for optimal growth and net profit

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4 areas of your company that can benefit most from Competitive Intelligence

4 areas of your company that can benefit most from Competitive Intelligence | Strategy and Competitive Intelligence by Bonnie Hohhof | Scoop.it

CI is an activity that is beneficial to all areas of any business or organization, but there are 4 departments that can get more performance than others: Commercial-Sales; Marketing-Product; R&D-Innovation; and StrategicManagement- Corporate Development. These are the benefits that can be obtained in each of these areas:…

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there are 4 departments that can get more performance than others: Commercial-Sales; Marketing-Product; R&D-Innovation; and StrategicManagement- Corporate Development. These are the benefits that can be obtained in each of these areas

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