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Planting the CI Seed: Growing a Competitive Intelligence Prog

Planting the CI Seed: Growing a Competitive Intelligence Program

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Page 1: Planting the CI Seed: Growing a Competitive Intelligence Program

Planting the CI Seed:Growing a Competitive Intelligence Program

Page 2: Planting the CI Seed: Growing a Competitive Intelligence Program

About FIS

• Headquartered in Jacksonville, FL• World’s largest global provider

dedicated to banking and payments technologies

• Serves more than 14,000 clients in over 100 countries

• Employs more than 32,000 people worldwide

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Page 3: Planting the CI Seed: Growing a Competitive Intelligence Program

So, you’ve been tasked with developing a CI program for yourorganization with limited resources and even less guidance: WHAT DO YOU DO?

• Don’t Panic!• Plan• Prepare• Execute• BE FLEXIBLE

Key Take Aways:• Examples of how to work with each user group to improve content• Ideas to drive adoption and increase utilization of the program• How to become an influencer in creating and shaping organizational strategy

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Dilemma

Page 4: Planting the CI Seed: Growing a Competitive Intelligence Program

Getting StartedIdentify Links to CIGain Intelligence Champions (User Groups)

Conduct Intelligence Needs Assessments

Deliver Early Wins

ExecutingInternal Intelligence Network (IIN)Internal MarketingDon’t Wait for PerfectionMake Recommendations

Methodologies

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Agenda

Page 5: Planting the CI Seed: Growing a Competitive Intelligence Program

Identify links to CI• How and where will your CI program be used (to start)?• Who will be your internal clients? (User Groups)• What competitive insights will they need?

Gain Intelligence Champions• Help you navigate throughout the organization

Conduct Intelligence Needs Assessments• Define the scope of your program• Important: You must thoroughly understand the business!

Deliver Early Wins• Key Competitor Analyses or SWOTs• Consistent flow of relevant, valuable* intelligence

5*Value is determined through the Intelligence needs assessment – ASK THEM WHAT THEY WANT!

Getting Started

Page 6: Planting the CI Seed: Growing a Competitive Intelligence Program

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Sales Managers & Sales Reps

Sales Directors & Sales Managers

Sales VPs & Sales Directors

• Training for new best practices and information collection

• Intelligence generation and competitive follow-up

• Intelligence briefings and corporate level decisions

Monthly Intelligence Meetings

User Groups drive the content for deliverables

CI User Groups

Page 7: Planting the CI Seed: Growing a Competitive Intelligence Program

Getting StartedIdentify Links to CIGain Intelligence Champions (User Groups)Conduct Intelligence Needs AssessmentsDeliver Early Wins

ExecutingInternal Intelligence Network (IIN)Internal MarketingDon’t Wait for PerfectionMake Recommendations

Methodologies

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Agenda

Page 8: Planting the CI Seed: Growing a Competitive Intelligence Program

Build an extensive Internal Network (IIN)• The most important part of your program — People!• 80% of the information you need resides within your own company• Achieve results on a shoestring budget• Continuously be working to expand your network

Internal Marketing• All communication is branded• Logo, promotion

Perfection is an illusion• Launch your program and refine as you go• Tap into engaged internal resources while they’re “hot”

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Executing

Page 9: Planting the CI Seed: Growing a Competitive Intelligence Program

Provide Recommendations• Present findings with recommendations for action

Share the Glory• People love to be recognized for their contributions• Makes them look good to their managers• Assures ongoing contributors to your program

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Executing continued

Page 10: Planting the CI Seed: Growing a Competitive Intelligence Program

Drive Adoption and Increase Utilization• Share wins and the value they create to gain acceptance/credibility with other groups• Build on each new addition you add to your CI coffer

Foster and then nurture a Competitive Intelligence Culture• Become an educator of the CI process• Roadshow

– Training & awareness– Be visible /accessible

Become influencers in creating and shaping Organizational Strategy

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Executing continued

Page 11: Planting the CI Seed: Growing a Competitive Intelligence Program

Getting StartedIdentify Links to CIGain Intelligence Champions (User Groups)Conduct Intelligence Needs AssessmentsDeliver Early Wins

ExecutingInternal Intelligence Network (IIN)Internal MarketingDon’t Wait for PerfectionMake Recommendations

Methodologies

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Agenda

Page 12: Planting the CI Seed: Growing a Competitive Intelligence Program

• Identify Links & User Groups

• Gain an Intelligence Champion (or two…)

• Conduct Needs Assessment

• Develop your IIN

• Internally market your program

• Don’t wait until it’s perfect….

• Look for opportunities to expand your program

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Methodology

Page 13: Planting the CI Seed: Growing a Competitive Intelligence Program

Key Take Aways• Examples of how to work with each user group to improve content• Ideas to drive adoption and increase utilization of the program• How to become an influencer in creating and shaping organizational strategy

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Wrap Up