Optimizing the Competitive Intelligence Function: Building Capabilities and Technology Advancement

However, Competitive Intelligence leaders often face a balancing act between developing competent capabilities and managing limited resources.

Best Practices, LLC conducted this benchmarking study to identify how leading pharmaceutical and biotechnology companies are maximizing the impact of their Competitive Intelligence function. In particular, this study provides benchmarks and insights around Competitive Intelligence capabilities, vendor management, technology advancement, and use of Centers of Excellence.

KEY TOPICS

• Enhancing Competitive Intelligence capabilities: vendor management, soft and hard skills, skills gaps and skills ranking
• Use of centers of excellence for Competitive Intelligence functions

• Qualifications of head of the Competitive Intelligence function
• Soft skills and training needs of Competitive Intelligence staff - Large companies and small-mid sized companies
• Types of training provided to Competitive Intelligence staff at large and small-mid sized companies
• Competitive Intelligence training delivery at large and small-mid sized companies
• Frequency of training provided to staff on Competitive Intelligence guidelines – Large companies vs. Small-mid sized companies
• Use of a Competitive Intelligence center of excellence (CoE) model – Large companies vs. Small-mid sized companies
• Use of CoE model against structure of the Competitive Intelligence function
• Structure of Competitive Intelligence center of excellence

• Competitive Intelligence Training: Both company size segments said distilling complex information and putting the pieces back together as a compelling story is the most critical training topic for development of strong Competitive Intelligence staff.

If you purchase Best Practice Database document(s), you will have 30 days from the date of purchase to apply some or all of the cost of the document(s) toward the cost of a Full Access Individual, Pharma, Group or University Membership. Write us at DatabaseTeam@bestpracticesllc.com or call David Guinn at 919-767-9179 if you have any questions.