Navigation Links
Understand the Power of Competitive Intelligence
Date:4/15/2008

CHAPEL HILL, N.C., April 15 /PRNewswire/ -- "When we fail to win business, these events become sales autopsies. We probe why they went with another vendor, and in the process, we gain a tremendous amount of competitive intelligence." This situation described by a company manager illustrates a late response to gathering critical CI. Whereas, a successful world-class company would gather this information proactively and act on it to strategically develop competitive edge.

Best Practices, LLC's analytical approach provides benchmarks and insights that managers and executives can use to build and sustain high-performing, well-recognized CI organizations. The study discusses how top companies achieve long-term CI success through thoughtful development of each major program element including:

-- Organizational Structure and alignment-optimal fit within the

corporation

-- Resource levels - adequate budget, competent staff and effective

compensation rates

-- Leadership - ideal role of CI head

-- CI activities, tools and techniques- creating high impact analyses

-- Stakeholder relationships- integrating CI with internal customers and

collaborators

-- Best Practices - demonstrating and promoting CI value

In addition to helping executives understand how to build an effective CI program, the study presents proven methods for increasing the quality and value of an existing CI groups. The report presents data for the full benchmark class and pharmaceutical segment and is based on insights gathered from 54 companies representing more than 12 different industries. Participants included Amgen, Boeing, Eli Lilly, Fidelity Investments, IBM, Merck, Procter & Gamble, Kraft and Wyeth.

A complimentary summary of "Building & Sustaining Impactful Competitive Intelligence Organizations" is available at http://www3.best-in-class.com/rr929.htm . or contact Cameron Tew, Manager of Research and Publishing at Best Practices, LLC at (919) 767-9246 or ctew@best-in-class.com.

ABOUT BEST PRACTICES, LLC

Best Practices, LLC conducts work based on the simple yet profound 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 companies. Best Practices, LLC has been a leader in pharmaceutical research and consulting for nearly 15 years; our clients include 43 out of the top 50 pharmaceutical companies.


'/>"/>
SOURCE Best Practices, LLC
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. St. Jude Discovery Offers New Avenues to Understanding an Aggressive Form of Leukemia
2. St. Jude discovery offers new avenues to understanding an aggressive form of leukemia
3. Looping genes may hold a key to understanding breast cancer
4. DuPont and TERI Sign Memorandum of Understanding on Green Building Design in India
5. Understanding Your Caregivers Promotes Health Literacy
6. Model offers new understanding of cell signaling
7. Flip-chart book translates complicated medical procedures into easy-to-understand language
8. New protein discovery helps researchers understand autoimmune diseases
9. New Survey Shows 90 Percent of Women Do Not Fully Understand the Calories They Eat
10. Prime Therapeutics Introduces Efficiency Program to Help Employers Understand How to Most Effectively Spend Pharmacy Dollars
11. AUDIO from Medialink and Transitions: Understanding the Dangers of UV Rays
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2017)... ... June 23, 2017 , ... Everybody has their own ... others prefer to read it, and some people don't like it at all. FindaTopDoc ... what they found: , Erotic literature can give readers a taste of their deepest, ...
(Date:6/23/2017)... ... June 23, 2017 , ... Ensuring meat products have ... highlight the importance of correctly using a meat thermometer. The videos feature University ... research on consumer food safety habits. Dr. Bruhn explains the variety of meat ...
(Date:6/23/2017)... West Palm Beach, FL (PRWEB) , ... June 23, 2017 , ... ... June 19, in Pinecrest, Florida. This is MD Now’s 28th facility overall and marks ... 12301 S. Dixie Highway, located one mile North of The Falls shopping mall. The ...
(Date:6/23/2017)... (PRWEB) , ... June 23, 2017 , ... American Farmer, ... winning series, which is slated to air fourth quarter 2017. American Farmer airs Tuesdays ... Hansen, a Danish pharmacist, founded Chr. Hansen in Denmark in 1874 after a ...
(Date:6/23/2017)... ... 23, 2017 , ... Jusino Insurance Services, a locally owned ... greater Chicago metropolitan area, is embarking on a charity drive in conjunction with ... Founded in 1897, Hephzibah Children’s Association is one of the oldest social services ...
Breaking Medicine News(10 mins):
(Date:6/2/2017)...  NxStage Medical, Inc. (Nasdaq:  NXTM), a leading medical technology company ... demonstrating positive biochemical outcomes related to more frequent hemodialysis ... will be presented at the ERA-EDTA Congress being held ... . The research was conducted by ... Europe (KIHDNEy) Cohort team ...
(Date:5/30/2017)... TEL AVIV, Israel , May 30, 2017 /PRNewswire/ ... clinical stage pharmaceutical Company specializing in the development ... management will present a company overview at three ... The 7th Annual LD Micro Invitational: ... Date:                     ...
(Date:5/24/2017)... 2017  ivWatch LLC today announced the launch ... to enable seamless integration of ivWatch,s groundbreaking IV ... pumps and other devices. By integrating ivWatch technology ... help health care customers deliver a higher level ... IV therapy. "The ivWatch OEM Board ...
Breaking Medicine Technology: