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Competitive intelligence (CI) is the process and forward-looking practices used in producing knowledge about the competitive environment to improve organizational performance. [1] Competitive intelligence involves systematically collecting and analysing information from multiple sources and a coordinated competitive intelligence program. [2]
Porter's four corners model is a predictive tool designed by Michael Porter that helps in determining a competitor's course of action. Unlike other predictive models which predominantly rely on a firm's current strategy and capabilities to determine future strategy, Porter's model additionally calls for an understanding of what motivates the competitor.
In business, a competitive advantage is an attribute that allows an organization to outperform its competitors.. A competitive advantage may include access to natural resources, such as high-grade ores or a low-cost power source, highly skilled labor, geographic location, high entry barriers, and access to new technology and to proprietary information.
Michael Eugene Porter (born May 23, 1947) [2] is an American businessman and professor at Harvard Business School.He was one of the founders of the consulting firm The Monitor Group (now part of Deloitte) and FSG, a social impact consultancy.
An organization's intelligence is reflected by the types of conversations—face-to-face and electronic, from the mailroom to the boardroom—which members have with one another. "At the top, top level, organizational intelligence depends on ways of interacting with one another that show good knowledge processing and positive symbolic conduct." [5]
Competitive edge derived from innovation and customer service; Consistent efficient employee performance; Team cohesiveness; High employee morale and job satisfaction [58] Alignment towards goal achievement; Increased member conscientiousness, leading to better compliance with procedures such as information security, and workplace safety [59] [60]
Picture arrangement test is a test that consists of a series of comic-strip-like pictures that are presented in a random order. The subject is given the task to arrange the pictures as quickly as possible so that a reasonable and meaningful story is formed. This is an example of a common feature found in intelligence tests. [1]
Tasks measuring fluid reasoning require the ability to solve abstract reasoning problems. Examples of tasks that measure fluid intelligence include figure classifications, figural analyses, number and letter series, matrices, and paired associates. [7] Crystallized intelligence (g c) includes learned procedures and knowledge. It reflects the ...