Only Half of Companies Actually Use the Competitive Intelligence They Collect
Competitive intelligence: a strategic tool largely underutilized by companies.
Author(s): Benjamin Gilad, Leonard M. Fuld
Publisher: Harvard Business Review
Date of publication: 2016
Read this article on the publisher's website [Harvard Business Review]
Summary
Starting from a survey of 236 competitive intelligence managers in Western companies, the authors analyze the extent to which this intelligence is put to use during strategic decision-making. Too little, according to those primarily concerned, a third of whom state that most of their reports are only requested to confirm a decision already taken. And yet, the survey also shows that well-exploited competitive intelligence can yield major benefits. The survey also enables the identification of the key factors that allow competitive intelligence to best fulfill its strategic role.
Synopsis
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