¶ … Performance Assessment in Competitive Intelligence: An exploration, synthesis and research agenda, written by David Blenkhorn from Wilfred Laurier University and Craig Fleisher from Windsor University. The purpose of the article is to "answer the vital question -- What are the critical factors to assess competitive intelligence (CI) performance?" The research question refers to the role that competitive intelligence plays in a company's profitability. The question is interesting in that external environmental scanning and competitor research make important contributions to strategic decision-making, but they can be costly and time-consuming. Understanding the role that CI plays in the earning profit is important in determining the point at which CI achieves diminishing returns on investment. The authors used workshops and discussion sessions at CI conference to obtain survey results from 103 respondents. The selection process was expedient rather than rigorous, and the respondents were given a large number of questions. Qualitative analysis was performed, and the analysis was limited by the poor quality of most responses. The authors attempted to determine why companies measuring CI ROI, how, what barriers they faced and what alternative measures might be used. The authors found that measures allowed companies to quantify the value of their CI initiatives, to request more resources and to move CI towards being a profit centre. Companies are constrained in their ability to...
The authors have some suggestions for measuring CI ROI, but none of those suggestions appears to address the difficulty in measuring outputs.Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
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