While it may seem competitive intelligence (CI) and market intelligence (MI) are the same and they serve a similar purpose i.e., aid decision-making, but they are different in practice and make a great equation for the success of any business. In today’s rapidly changing market dynamics, no business is unaffected from the developments happening in… Continue reading With the market shrinking, is Competitive Intelligence converging into Market Intelligence?
Tag: Competitive Intelligence
Challenges in Competitive Intelligence and Best Practices to overcome them
Every task comes with its own set of challenges. Creating a competitive intelligence (CI) plan can be daunting, even for experienced CI professionals. In Crayon’s SCIP report, it was found that 95% of CI professionals struggled with at least one of the following areas –
What does the future of Competitive Intelligence look like?
Competitive intelligence (CI) has a huge contribution to a company’s growth when implemented and executed correctly. The three key areas in which it contributes the most is revenue growth, ability to quickly adapt to market changes, and the ability to holistically impact the company. As per the SCIP survey, the foundation of CI does matter.… Continue reading What does the future of Competitive Intelligence look like?