While business intelligence focuses on a company’s internal data, competitive intelligence focuses on the external factors that influence the operation. by Maria Ioia. Across your competitors’ websites and social media accounts, news and PR outlets, third-party review sites, customer forums, and everything in between, there’s a seemingly infinite amount of competitive information at your fingertips. After the session, book a meeting for a few days later (with the same individuals) where you talk about strategic changes based on the analysis. After you have gone through all 4 areas, digitize it so that everyone can digest and think about the results. The New Rules of Competitive Intelligence. Tell readers what you thought by rating and reviewing this book. A business intelligence strategy, on the other hand, builds on a vision of what success looks like: an understanding of competitive advantage and how to deliver that. Naturally, the very first rule of competitive intelligence is to avoid inadvertently breaking the law or otherwise exposing yourself or your company to a legal challenge. This is most common with regulations, competitive intelligence, and market intelligence. 1 Star - I hated it 2 Stars - I didn't like it 3 Stars - It was OK 4 Stars - I liked it 5 Stars - I loved it. The technicalities of intellectual property law are complex; it can be easy to run afoul of the rules … Share your thoughts Complete your review. This is why gathering competitive intelligence is so important and crucial to the sustainability of a business. The Fine Line Between Spying and Strategy: Competitive Intelligence’s Legal Limits and Practical Considerations William Molinski and Andrea Nicole Greenwald Posted on August 14, 2015 Although the market trends may change faster than ever today, companies have been gathering competitive intelligence (“CI”) since the dawn of capitalism. The regular meeting day of the Select Committee on Intelligence for the transaction of Committee business shall be every Tuesday of each month that the Senate is … How Competitive Intelligence Rules Encourage Cheating by Leonard M Fuld , (No reviews yet) Write a Review Much competitive intelligence can be gleaned from information in the public domain through library research, newspaper articles, trade journals, and other publications. To help leadership make more … Convening of Meetings 1.1. Know the rules and legal risks. Manually gathering and prioritizing competitive intelligence takes a tremendous amount of time. Both the state and federal governments mandate financial and other filings such as the SEC’s 10 … One of best websites for gathering competitive intelligence is Hoover's Online, which, for a fee, provides in-depth profiles of more than 18,000 public and private companies. Rate it * You Rated it * 0. OPM may delegate authority, by agreement, to an agency to examine for all of its competitive service positions (except administrative law judges). Competitive Intelligence. Competitive examining is the traditional method for making appointments to competitive service positions and requires adherence to title 5's competitive examining requirements. Competitive intelligence means looking at the state of the market in which a company operates, to identify trends, potential threats, and points of differentiation. Rules of Procedure of the Select Committee on Intelligence Rule 1. Competitive intelligence should be viewed as a crucial element when building a 2020 business strategy.