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Published byDarlene Vant Modified over 9 years ago
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SIKANDER KHAN Doctor of Business Administration Associate Professor of International Business/FDI Mobile: +46-70-578 5641 email: sik@fek.su.se WWW.FEK.SU.SE sik@fek.su.se Stockholm University School of Business 1
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Business Intelligenc e Politisk Intelligenc e Business Intelligenc e Ekonomisk Intelligenc e Politisk Intelligenc e Business Intelligenc e Ekonomisk Intelligenc e Politisk Intelligenc e Teknologis k Intelligenc e Business Intelligence Market Intelligence Economic Intelligence Political Intelligence Technological Intelligence Business Intelligence Components September model S=Social; E=Economic; P=Political; =Technology
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The BI-cycle Hypothesis/Question Information need Source selection Collection Processing and Analysis Answers and Packaging Dissemination and Presentation Decision
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Spontaneous business intelligence Organized business intelligence
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Success factors... Motivate the employees Positive interaction among the employees Stimulating work environment Chaos
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BI - Networking
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Moral, ethics and business intelligence
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Create proactive intelligence for pre-emptive strategic moves
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All eggs in one basket - Risk spreading?
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Develop an ”Early Warning System”
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Three most devastating blindspots are: 1) UNCHALLENGED ASSUMPTIONS 2) CORPORATE MYTHS 3) CORPORATE TABOOS Each company harbors blindspots, or is breeding some.... or is breeding some.... Early Warning by Ben Gilad 2004, AMACOM books, New York
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Business blindspots = Error in judgement Three ways in which decision can go wrong: 1) not all the relevant information is available; 2) the available data are ambiguous and wrongly interpreted; and 3) available information is filtered (biased sunglasses)
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Market research is not competitive intelligence Mixing up of tactical (marketing) versus strategic intelligence ALLIED INTELLIGENCE (strategic alliances) -- Japanese model: supplier partnership HUMINT: Human intelligence -- person-to-person contact Are there truly any business secrets? 95% of all necessary intelligence, corporate or military, can be found in the public arena 95% of all necessary intelligence, corporate or military, can be found in the public arena
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Reverse engineer a competitor’s product Intellectual property Intellectual property Fierce competitiveness among Japanese companies as a competitive advantage for the global market (Porter) BUILDING A FINANCIAL STATEMENT Credit reports Dun & Bradstreet Family Tree Service Yellow pages and city directories/Internet ACQUIRING ACQUISITION INTELLIGENCE Old Boy network Investment bankers
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