It empowers companies to anticipate changes in terms of the competitive landscape, and factor intelligence into their competitive strategy. The challenge in instituting useful CI programs into the business planning process is rooted in the fact that so many sources of information exist. Many of them are accessible via hyperlink from the BioTactics Planning Page . You start by posing questions about your mission before you begin looking for answers. It sounds so logical, but sometimes it is simply easier to plunge ahead without defining and investigating at the front end of the process.
Every actionable decision comes with a high price in terms of market outcome.
A previous BioTactics article provided a comprehensive review of CI resources on the Web , to help you start off on the right CI foot. Planning Strategic Initiatives CI is important for planning and implementing strategic initiatives. It is a process that can help you reduce risk and increase your probability of success, simply because you are making information-based decisions derived from an intelligence analysis. The majority of these company executives were only comfortable planning 1.7 years ahead, but were satisfied with the effectiveness of the strategic plans they produced. BioTactics and BioTactics in Action are Trademarks of Market Value Concepts.