Competitive Intelligence: Staffing and Structuring CI Teams for Optimal Advantage.Business Editors CHAPEL HILL, N.C.--(BUSINESS WIRE)--July 2, 2003 Global leaders are rediscovering the importance of strong competitive intelligence (CI) capabilities as powerful tools for competing in today's economic environment, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a new study by research and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a Best Practices, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . The study highlights the most current staffing levels and innovative reporting structures used by many of the world's most respected CI organizations. "Managing the Competition: Turning Competitive Intelligence into Strategy," available at http://www3.best-in-class.com/rr102.htm, reveals the skills and capabilities companies look for when composing com·pose v. com·posed, com·pos·ing, com·pos·es v.tr. 1. To make up the constituent parts of; constitute or form: a CI group. Examples of the study's leading practices include: -- Best-in-class companies construct CI teams based on stringent hiring requirements to ensure the group is capable, well respected throughout the organization, and that CI recommendations are given due consideration. The report lists specific hiring requirements and ideal skill sets for CI groups. -- Interviewed executives identify the two most important skills as analytic an·a·lyt·ic or an·a·lyt·i·cal adj. 1. Of or relating to analysis or analytics. 2. Expert in or using analysis, especially one who thinks in a logical manner. 3. Psychoanalytic. proficiency pro·fi·cien·cy n. pl. pro·fi·cien·cies The state or quality of being proficient; competence. Noun 1. proficiency - the quality of having great facility and competence and industry experience. To ascertain that candidates have the appropriate CI attributes, executives tend to conduct hiring on their own and do not use HR resources in recruiting. "Managing the Competition: Turning Competitive Intelligence into Strategy" is the result of exclusive interviews with competitive intelligence executives at 19 global companies. In addition to staffing and structure analysis, the study also details: -- Information gather tools and techniques -- Performance measurement systems -- Information communication and managements methods -- Benchmark partner case studies -- Comparison matrix of companies "In these trying economic times, excellent competitive intelligence efforts can be the differentiating factor among those in the marketplace," explains Paul Meade, Best Practices, LLC vice president. "Successfully staffing and structuring CI initiatives is crucial for companies to position themselves ahead of the game." Download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. a summary of "Managing the Competition: Turning Competitive Intelligence into Strategy" at http://www3.best-in-class.com/rr102.htm. For more information about the study or other benchmarking reports, contact Steve Walters Steve Walters or "Box head" is an Australian former rugby league player who, at the peak of his career, was considered the best hooker in the game. Steve is the eldest of the three Walters brothers, but was the last of them to gain Australian Test selection honours. at 919.767.9256 or at swalters@best-in-class.com. ABOUT BEST PRACTICES, LLC Best Practices, LLC is a research and consulting firm that conducts work based on the principle that organizations can chart a course to superior economic performance by studying the best business practices, operating tactics and winning strategies of world-class organizations. For more information, call (919) 767-9251 or visit http://www.best-in-class.com. |
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