(1997) doctoral thesis deals with competitive intelligence and
What are the goals of competitive intelligence? Is it ethical to gather competitive intelligence?
Your response must be in your own words. Your initial post should be 3 to 4 short paragraphs that reflect research and not opinion. Provide citations for the source of your learning.
3 sources in APA format.
Competitive Intelligence Essay Example | Topics and …
It is important not to confuse opposition against thelatter kind of planning with a dogmatic laissez faireattitude. The liberal argument does not advocate leavingthings just as they are; it favors making the best possibleuse of the forces of competition as a means ofcoordinating human efforts. It is based on the convictionthat, where effective competition can be created, it is abetter way of guiding individual efforts than any other. Itemphasizes that in order to make competition workbeneficially a carefully thought-out legal framework isrequired, and that neither the past nor the existing legalrules are free from grave defects. Liberalism is opposed,however, to supplanting competition by inferior methods ofguiding economic activity. And it regards competition assuperior not only because in most circumstances it is themost efficient method known but because it is the onlymethod which does not require the coercive or arbitraryintervention of authority. It dispenses with the need for"conscious social control" and gives individuals a chanceto decide whether the prospects of a particular occupationare sufficient to compensate for the disadvantagesconnected with it. The successful use of competition doesnot preclude some types of government interference. Forinstance, to limit working hours, to require certainsanitary arrangements, to provide an extensive system ofsocial services is fully compatible with the preservationof competition. There are, too, certain fields where thesystem of competition is impracticable. For example, theharmful effects of deforestation or of the smoke offactories cannot be confined to the owner of the propertyin question. But the fact that we have to resort to directregulation by authority where the conditions for the properworking of competition cannot be created does not provethat we should suppress competition where it can be made tofunction. To create conditions in which competition will beas effective as possible, to prevent fraud and deception,to break up monopolies— these tasks provide a wide andunquestioned field for state activity. This does not meanthat it is possible to find some "middle way" betweencompetition and central direction, though nothing seems atfirst more plausible, or is more likely to appeal toreasonable people. Mere common sense proves a treacherousguide in this field. Although competition can bear someadmixture of regulation, it cannot be combined withplanning to any extent we like without ceasing to operateas an effective guide to production. Both competition andcentral direction become poor and inefficient tools if theyare incomplete, and a mixture of the two - means thatneither will work. Planning and competition can becombined only by planning for competition, not by planningagainst competition. The planning against which all ourcriticism is directed is solely the planning againstcompetition.
N2 - The overreliance on quantitative, numeric information and the underuse of qualitative, textual information is a common weakness in strategic management. This affects particularly the practice of competitive intelligence, which aims to provide actionable information about the company-external environment for decision making. Yet, forward-looking and insightful information about the environment often comes in qualitative form, much of it as publicly available text documents, whereas public quantitative information often arrives too late to be useful for strategic management. This thesis proposes that text visualization, and in particular, a method called collocational networks, could increase the use of textual information in competitive intelligence. Collocational networks are networks consisting of words that co-occur in a statistically significant way in a text, or in a collection of texts. They are particularly useful for discovering changes between sequences of texts of a similar nature, e.g. annual or quarterly reports. In line with design science research practice, the proposed method is also evaluated for utility. The evaluation is carried out in two stages. First, collocational networks of quarterly report texts are compared to self-organizing maps created out of the financial figures of the same reports. This evaluation shows that changes in the collocational network of a company’s quarterly report are followed by a change in the position of the company in the self-organizing map in the next quarter. Second, a series of interviews with competitive intelligence practitioners are carried out, in which the interviewees are shown collocational networks created out of annual reports from telecommunications service companies during 2003-2008. This evaluation shows that the interviewees consider the networks to reflect actual developments within the industry. They also consider them to be a useful tool for discovering changes that may go unnoticed when reading the texts. In summary, the evaluations suggest that by using collocational networks, competitive intelligence practitioners could easily have access to forward-looking, qualitative information about the company-external environment to strengthen strategic management practice.