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Best Practice Database
Competitive and Business Intelligence » Strategic Insights
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Single User: Authorizes use by the person who places the order or for whom the order was placed.
Sitewide: Authorizes use of the report for a geographic site. All people at site can view the report for a year and copies can be printed.
Corporate: Authorizes use for the entire company for a year and copies can be printed. No limitations for usage inside the company.
The Competitive Intelligence function provides important insights for organizations in competitive markets where change is constant. CI leaders often face a balancing act between limited resources and the need to gather information from a variety of sources - some easily accessed, some not. This situation pushes many CI leaders to rely on support from vendors for some information-gathering activities.
Best Practices, LLC conducted this study to present staffing and budget benchmarks for the CI function as well as an overview of how organizations are utilizing vendors. In particular, this study identifies what core CI activities organizations use vendors for and where vendors provide the greatest value. The study also reviews what characteristics/skills are the best match for CI employees. This research provides health care industry and CI leaders with metrics and insights they can use to increase the value of their function and generate greater influence within the corporation.