Publication detail

The Objectives of Competitive Intelligence as a Part of Corporative Development Strategy

BARTES, F.

Original Title

The Objectives of Competitive Intelligence as a Part of Corporative Development Strategy

Type

journal article in Scopus

Language

English

Original Abstract

This paper deals with the issue of the management cycle of Competitive Intelligence. The author describes the process of Competitive Intelligence in Czech corporate management. He concludes that in most cases, the Competitive Intelligence operations are directed by the top management, and the attention of Competitive Intelligence is being paid to Key Intelligence Topics (KIT). The Competitive Intelligence is then focused on the output of strategic analyses, complemented in some cases with a summary (synthesis) of acquired intelligence plus some signal intelligence (SIGINT). The results of the Competitive Intelligence produced in such a way are actually the outputs mostly applicable in operational management and mostly unsuitable for strategic management. However, top managers abroad almost invariably need the data relevant to the future situation since their decisions are of strategic nature. The following section of the paper is devoted to the conceptual solution of Competitive Intelligence, i.e. the Competitive Intelligence objectives linked with the development strategy of the corporation. Here the author arrives at three basic development strategies: a.) the corporation desires status quo, i.e. to keep its market position as it is, b.) the corporation is out to expand, and c.) the corporation intends not only to keep its existing and dominant market position but strives for its long-term dominance to last.

Keywords

competitive intelligence, information cycle, development strategies, the objectives of competitive intelligence, strategic decision.

Authors

BARTES, F.

RIV year

2014

Released

31. 12. 2014

Publisher

Mendel University in Brno

Location

Brno

ISBN

1211-8516

Periodical

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis

Year of study

62

Number

6

State

Czech Republic

Pages from

1243

Pages to

1250

Pages count

8

URL

Full text in the Digital Library

BibTex

@article{BUT112521,
  author="František {Bartes}",
  title="The Objectives of Competitive Intelligence as a Part of Corporative Development Strategy",
  journal="Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis",
  year="2014",
  volume="62",
  number="6",
  pages="1243--1250",
  doi="10.11118/actaun201462061243",
  issn="1211-8516",
  url="http://acta.mendelu.cz/artkey/acu-201406-0004_the-objectives-of-competitive-intelligence-as-a-part-of-corporative-development-strategy.php"
}