What is strategic foresight and how can it help my company succeed?
There is a saying: “Failing to plan is planning to fail.” Strategic foresight is all about long-term planning and preparing for different future scenarios.
Jonathan Gordon-Till, Principal at Oxford Business Intelligence LLP, is a seasoned strategist specializing in knowledge management. With over 25 years of experience at the crossroads of knowledge management, information management, competitive intelligence, and library science, Gordon-Till has left an indelible mark.
This year, we take pride in celebrating the 20th anniversary of the Institute for Competitive Intelligence (ICI), a leading provider of education and applied research in the field of competitive and market intelligence (CI/MI). Since 2004, ICI has empowered professionals with cutting-edge CI/MI skills and knowledge, enabling them to create value for their organizations and stakeholders.
Ever wondered how Sherlock Holmes, the world-renowned detective, would perform as a professional CI/MI researcher?
His analytical skills, attention to detail, and knack for solving complex cases are not just for fictional detectives - they’re also essential for competitive and market intelligence researchers.
Bias in competitive and market analysis refers to the tendency to skew information or perceptions based on preconceived notions, leading to potentially inaccurate conclusions. This can include confirmation bias (favoring information that confirms existing beliefs), availability bias (relying on immediate examples), and anchoring bias (relying heavily on the first piece of information encountered). It’s crucial to be aware of these biases to ensure accurate and objective analysis.
"Shaping the Future of Competitive/Market Intelligence in the Age of Artificial Intelligence" - ICI’s Competitive Intelligence Conference (September 20, 2024) is THE premier event for professionals and practitioners who want to learn, share, and network with the best minds in the field of competitive and market intelligence.
Jules Verne’s classic novel Around the World in 80 Days is not only a thrilling adventure story, but also a source of inspiration for competitive intelligence (CI) professionals.
Recently, the Harvard Business Review reported a case where a Competitive Intelligence (CI) Unit successfully uncovered essential information that might otherwise have been overlooked. The core message here is that AI is capable of delving into vast data repositories and providing insights, even beyond what seasoned CI professionals might recognize.
In this powerful book, Neeraj Bali, an Indian Army veteran, and part if ICI’s faculty delves into the essence of building a robust company culture.
This article is a part of a sequence of forthcoming evaluations designed to assess the practical application of chatbots in Competitive and Market Intelligence search tasks.