Competitive Intelligence



Similar documents
Shaping. Business Strategy. Through. Competitive Intelligence. Strategic Use of. Intellectual Property Information

MARKETING MANAGEMENT & STRATEGY

Learning Objectives: Quick answer key: Question # Multiple Choice True/False

Blackblot PMTK Marketing Review. <Comment: Replace the Blackblot logo with your company logo.>

SWOT analysis can be used for:

Marketing Strategy & Positioning. Competitive Environment

A primer in Entrepreneurship

A Knowledge Base Representing Porter's Five Forces Model

Fundamentals of Information Systems, Fifth Edition. Chapter 1 An Introduction to Information Systems in Organizations

THE INDUSTRIAL ENVIRONMENT ANALYSIS AUTHOR

(Relevant to Paper II -- PBE Management Accounting and Finance)

Case Interview - Frameworks

PORTER S STRATEGY, VALUE CHAINS AND COMPETITIVE ADVANTAGE

Fred R. David. twelfth edition Strategic Management CONCEPTS AND CASES. Prentice Hall PEARSON FRANCIS MARION UNIVERSITY FLORENCE, SOUTH CAROLINA

Business to Business Marketing Management

Elements of Business Environment

A primer in Entrepreneurship

THIS Target Market. SECTION Marketing. SHOULD Operations. NOT Finance

Hoshin Kanri. And the X- Matrix

How SAP AG walks through the adaptive cycle of change, and survives!

IAM Certificate in Asset Management Ver1.2 January 2013

MKTG 680. Chapter 15 Strategic Elements of Competitive Advantage. Porter s Five Forces. Industry Analysis: Forces Influencing Competition

Business Plan. A Template for Social Enterprise. Business Name. Investing in social enterprise. Understanding Finance. Business Plan Outline

Sustainable financing solutions at times of crisis How to finance your business through factoring? Bucharest, October the 6-th, 2009

Customer Relationship Management and Five Forces Analysis in Nonprofit Organization in Oman

Module 7 8/12/2010. What types of strategies are used by organizations? How are strategies formulated and

GENERAL GUIDELINES FOR DEVELOPING A BUSINESS PLAN

Fundamentals of Information Systems, Seventh Edition

Business Development & Licensing Journal For the Pharmaceutical Licensing Groups

THE INTERNATIONAL JOURNAL OF BUSINESS & MANAGEMENT

Coca-Cola Case Analyses. <Student Name> <Name and Section # of course> <Instructor Name> <Date>

Strategic Leadership and

II B.Com(International Business) [ ] Semester III Core:International Business Strategy-317C Multiple Choice Questions.

How to Conduct A SWOT Analysis. Dr. E. J. Keeley Executive Director, Institutional Effectiveness and Research

Fred R. David. twelfth edition Strategic Management CONCEPTS. Prentice Hall FRANCIS MARION UNIVERSITY FLORENCE, SOUTH CAROLINA

How to Create a Business Plan

SWOT analysis and PEST analysis

BUSINESS NAME. Applicant Name. You ve had the idea, that s the first step. But starting a good business will take persistence, enthusiasm and a lot of

STRATEGIC PLANNING AND BALANCED SCORECARD AT PLIVA

Bluebird Business Plan

Marketing & Market Research A Crucial Part of Product Development

Competitive intelligence: History, importance, objectives, process and issues

Tesco: use of IT and information systems

Application of Porter s Five Forces Model Paper

MANAGEMENT OF COMPETITIVE INTELLIGENCE COURSE

Financial Decision Making and the Techniques Used in Financial Analysis

Pro-How Paper: 2/00. Measuring the benefits of Business Intelligence

Management Information Systems

Making business simple...

Retail Marketing Strategy

Marketing Plan Template

Risikomanagement mit der Success Driver Analyse (SDA) - Erfahrungen bei Grossprojekten und Programmen

Edwards Jones 2006 Case Analysis. Next Step Consulting

Strategic Planning. Credit value: 15 Guided learning hours: 45. Unit aim. Unit introduction

The Economics of E-commerce and Technology. Industry Analysis

J.P. MORGAN CHASE & CO.: THE CREDIT CARD SEGMENT OF

Diploma in IT Syllabus IT Service Management

CHANCELLOR'S COMMUNICATION

Strategic Elements of Competitive Advantage. PPT 6 (First ppt slides after the mid-term) Assist. Prof. Dr. Ayşen Akyüz

MARKETING Market research market strategy target market market mix Market Research

4 Strategic planning OBJECTIVES APPROACHES TO STRATEGIC PLANNING

How to write a business plan for Small Businesses.

Benefits of knowledge management from the perspective of human resources used in the management of enterprises

Business Flanning. and Market Strategy

SWOT ANALYSIS WORKBOOK. For Annie s Project

Developing the Strategy: Vision, Value Gaps, and Analysis

Unleashing your growth potential Product Innovation and Development

Market Analysis, Segmentation & Consumer Buying Behavior

Writing a Successful Business Plan

Chapter. Developing Business / IT Strategies. Copyright 2008, The McGraw-Hill Companies, Inc. All rights reserved.

Project Portfolio Management. Breaking through the barrier to sustained growth and profitability

PLAN YOUR BUSINESS. Instructions page. Business Plan Template

The CPA Way 3 - Assess the Situation

CHAPTER OUTLINE. Spotlight: Mayan Pigments (

Reputation and the Board. Guidance for PR Consultants and Board Directors

SWOT Analysis. Ronald Quincy, Shuang Lu, and Chien-Chung Huang. Raising Capacity of Your Organization

Developing an Organisational Vision

Business Plan Guide for a Small Business

The impact of external environment on organizational development strategy

Strategic Planning for Small Business. Carol Rovello * carol@strategic-workplace-solutions.com *

Strategic Analysis Tools

BUSINESS PLAN TEMPLATE

What do you do well? What relevant resources do you have?

The Opportunities of the Use of Competitive Intelligence in Business: Literature Review

BUSINESS COMPETITIVE INTELLIGENCE THE ULTIMATE USE OF INFORMATION TECHNOLOGIES IN STRATEGIC MANAGEMENT

Timing of Hiring a Turnaround Management Firm. Turnarounds & Crisis Management Solutions to Complex Business Problems

Eco380: Managerial Economics I. Competitive Strategy

Strategic Planning: External Environmental Scanning

Brochure More information from

Before You Start a Business A Basic Checklist

Presentation of Schneider Electric Ventures. May 2009

Creating Competitive Advantage Chapter 17

VPQ Level 6 Business, Management and Enterprise

Transcription:

Competitive by S.W.Schilke 2003-05-17 Competitive Der Verdacht, dass die Realität, die man serviert, nicht die sei, für die sie sich ausgibt, wird wachsen. Theodor W.Adorno 2003 S.W.Schilke 1

Competitive by S.W.Schilke 2003-05-17 Vision Decision-making & Strategy processes CI Data Competitive Process M.Porters Five Forces Potential Entrants Threat new Entrants Suppliers Bargaining Power Industry Competitors Bargaining Power Buyers Rivalry Existing Among Firms Substitutes Threat Substitute 2003 S.W.Schilke 2

Competitive by S.W.Schilke 2003-05-17 B.Rausch STEEP Social Political Technological Environment the organisation Environmental Economic Economic Politcal Customer Legal Karl Albrecht Corporate Radar Competitor Technological Geophysical Social 2003 S.W.Schilke 3

Competitive by S.W.Schilke 2003-05-17 Anatomy Corporate Planing Reappraisal Master Plan Formulation economic mission Formulation competitive strategy Formulation competitive strategy Product market opportunities Potential market Competitors performance & capabilities Functional changes Feasibility comparisons Competitive advantage Performance potential comparison Alternative strategies Functional & Performance synergy Competitive strategy Specification program Action 1962 Gilmore & Brandenburg Development Planed Positive Negative Uncertainty Now Soon Future 2003 S.W.Schilke 4

Competitive by S.W.Schilke 2003-05-17 Data Dissemination Decision Strategy Initiation Gather feedback on the CI process Define Mission Implement Counter Process Get Support from Senior Management Sell the CI unit CI Marketing Competitive Implementation Project Select Project Manager & Establish Team Involve CI users & senior management Audit Needs Assessment Set-up Infrastructure for Dissemination Establish CI unit / function Implement the CI cycle / process (Framework) 2003 S.W.Schilke 5

Competitive by S.W.Schilke 2003-05-17 Initiating Planning Executing Definition Business Issues Identification the sources competitive data Controlling Closing Strategic Strategic Strategic Planning Planning Collection the data needed Technical Analysis the collected data from information to intelligence Tactical Data Dissemination the intelligence product Feedback & Evaluation Initiating Planning Executing Controlling Closing 1 Needs Identification Planning Gathering Collect Data & Feedback Analyse Data & Controlling during Execution Disseminate Closing & Feedback 3 2 2003 S.W.Schilke 6

Competitive by S.W.Schilke 2003-05-17 Balanced Scorecard Measurements for CI Objectives Measurement Target Initiatives Been first with new product launches Launching new products earlier then competitors Getting first mover advantage - make the competition look like "me too" Identify new product developments the competitor predict the product launch dates Identification R&D efforts competitors Knowledge about the R&D orientation and results the competitors Be aware the R&D areas competitors knowledge about their new product pipeline Monitoring patent applications & magazine articles, web sites, mailing list,... Strength What are our advantages? What do we do well? What do other people see as our strengths? Where are the good opportunities we are facing? What are the interesting trends we are aware? Weakness What could we improve? What do we do badly? What should we avoid? What obstacles do we face? Is changing technology threatening our position? Do we have bad debt or cash-flow problems? Opportunities Threats 2003 S.W.Schilke 7

Competitive by S.W.Schilke STEFFEN C H I L K E 2003-05-17 Steffen W. Schilke Ludwig Ruppel Str. 79 D-60437 Frankfurt / Main Telefon : 069 9505 8774 Fax : 069 9505 8780 Mobil : 0172 670 3536 E@mail: E@mail: steffen@ steffen@schilke. schilke.net 2003 S.W.Schilke 8