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Best Practice Database
Competitive and Business Intelligence » Structure and Alignment
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An effective competitive intelligence function provides valuable insights that can help bio-pharmaceutical organizations to make better decisions, anticipate threats, and avoid corporate risks.
However, the competitive intelligence function is often undervalued in corporations, and competitive intelligence leaders often find themselves struggling for attention and resources.
Best Practices, LLC undertook benchmarking research to identify best practices and innovative methods for improving the strategic role and impact of the competitive intelligence function within the bio-pharmaceutical industry. In particular, this study provides benchmarks around the structure and leadership of the competitive intelligence function, appropriate budget and staffing levels, requisite employee competencies, and best practices for delivering customer value.