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Society of Competitive Intelligence Professionals Strategy, Structure

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Title: Society of Competitive Intelligence Professionals Strategy, Structure


1
Society of Competitive Intelligence
ProfessionalsStrategy, Structure Intelligence
Leadership
Presented to Prague, Czech Republic October
2003 Presented by Arik R.
Johnson Arik.Johnson_at_AuroraWDC.com Managing
Director - Aurora WDC
2
Agenda for Discussion
  • Context of Discussion
  • Integrating Intelligence with Strategic Plans
    Tactical Execution of the Firm
  • Understanding Intelligence Application Priorities
  • What is SCIP?
  • The SCIP Code of Ethics
  • When to Call for Assistance?

3
Speaker Bio
  • Arik R. Johnson is Founder, Chief Executive and
    Managing Director of the Recon Competitive
    Intelligence (CI) outsourcing support bureau at
    Aurora WDC, where he advises business leaders how
    to better understand their business rivals,
    competitive dynamics and build extend the value
    of intelligence strategy for their
    organizations.
  • Arik manages projects for and consults on
    intelligence techniques with clients in the
    Telecommunications, Information Technology,
    Healthcare, Financial Services, Media
    Entertainment, Industrial Manufacturing,
    Construction, Transportation, Energy, Automotive,
    Defense Aerospace, and Retail Wholesale Trade
    sectors worldwide. His personal clients number
    among the world's most respected market leaders.
  • Arik has earned undergraduate and advanced
    degrees in International Business, History,
    Political Science and International Relations
    from the University of Wisconsin-Madison, has
    been a leader and chapter coordinator with the
    Society of Competitive Intelligence Professionals
    (SCIP) and is a visiting lecturer on business
    competitiveness topics at many venues throughout
    the U.S., Canada, Europe Asia and Africa. Prior
    to founding the firm, Arik was a business analyst
    with a major international management consulting
    firm.

4
The Goals of Modern Business
  • To achieve superior financial results for the
    stakeholders (growth of shareholder equity) for
    the firm in comparison with its peers by
    strategically planning the selection of the
    fastest growing markets in which to invest and
    compete. These plans must also align with the
    organizations Core Competence, and executing
    delivery of the firms products and services to
    customers within those markets.

5
Strategic Planning / Tactical Execution
6
The Product Life Cycle
7
Minimizing Risks Maximizing Opportunities
  • Minimizing Competitive Threats to Status Quo,
    e.g.
  • Understanding Threats to Current Businesses
    Competitors, Legislation, Technology Shifts,
    Obsolescence, Substitutes, Customers Backwards
    Integrating, Vendors Forwards Integrating, etc.
  • Maximizing Market Opportunities for Growth, e.g.
  • Identifying New Sales, Revenue and Profit Centers
  • Benchmarking Cost Reduction Efficiencies from
    Direct Rivals as well as Best-in-Class
    non-competitors

8
The 12 Application Priorities of CI
  • Current Competitor Activities and Strategy
    Monitoring
  • Customers, Vendors and Other External Allies
    Monitoring
  • Operational Performance Benchmarking
  • Product/Service Sales and Marketing Support
  • Strategic Probabilities and Possible Futures
  • Internal Knowledge Management
  • Intellectual Property Exploitation and Protection
  • Mergers, Acquisitions, Alliance and Investment
    Support
  • Long-Term Market Prospects
  • Counter-Intelligence Information Security
  • Legislative and Regulatory Activity and Impact on
    Business Issues
  • Executive Decision-Support and Competitive
    Strategy Planning

9
SCIP The Society of Competitive Intelligence
Professionals
  • SCIP is the global professional society for CI
    practitioners in Industry as well as service
    providers.
  • Approximately 5,000 Members Worldwide, most in
    Industry, perhaps 15 service providers.
  • Advantages Access to Qualified Service Providers
    (Software, Research, Consulting) Thought
    Leadership, Events Networking Activities

10
SCIP Code of Ethics
  • To continually strive to increase respect and
    recognition for the profession.
  • To pursue one's duties with zeal and diligence
    while maintaining the highest degree of
    professionalism and avoiding all unethical
    practices.
  • To faithfully adhere to and abide by one's
    company's policies, objectives and guidelines.
  • To comply with all applicable laws.
  • To accurately disclose all relevant information,
    including one's identity and organization, prior
    to all interviews.
  • To fully respect all requests for confidentiality
    of information.
  • To promote and encourage full compliance with
    these ethical standards within one's company,
    with third party contractors, and within the
    entire profession.

11
When to Ask for Assistance
  • During Business Planning and Establishment of Key
    Intelligence Topics
  • During collection and analysis of competitive
    information.
  • During software tools selection.
  • During selection of other third-party solutions.
  • During staff recruitment training.

12
Thank You!
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