Many companies undertake random need based competitive intelligence. While this is useful for meeting specific needs, it does not help make the organization as a whole proactive in its approach to competitive strategy.

 

To reap the full benefits of competitive intelligence with a high return on investment, organizations need to create competitive intelligence frameworks.

 

A competitive intelligence framework comprises of the identified needs of the organization and a structure and process for satisfying the needs. It brings together all the decision makers and functions in the organization to create a unified system for meeting the CI needs of the organization as a whole.

 

Having a CI framework institutionalizes competitive intelligence and enables the entire organization to participate in the competitive intelligence process.

 

CIframework

 

ValueNotes assists companies in creating competitive intelligence frameworks.

 

Talk to our Competitive Intelligence Consultant: Call us on +91 20 66231700 or email us on research@valuenotes.co.in

 

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