Competitive Intelligence Strategy

Two Killer Things They Need Before They Attack

This is a picture of a Tiger for an article by Octopus Intelligence. We isolate your problems, reduce risk and uncertainty and deliver intelligence-led answers and innovative solutions. Dedicated to help you win.Decisions and Two killer things they need before they decide to attack. Competitive Intelligence is a powerful tool

For a competitor to decide on an action, they need two killer things. Two things to enable them to move into a new market, acquire a company, attack your market, enter your country, take your customer etc. They need capability … Read More

Artificial Intelligence, Mighty Machines and Powerful Robots

This is a picture of a Retro tin robot by Octopus Competitive Intelligence, Due Diligence, Competitor Analysis, Market Analysis, Competitor Research and Strategic Business Development to beat your competitors, increase sales and reduce risk

Artificial Intelligence, Mighty Machines and Powerful Robots This article is called Artificial intelligence, mighty machines and powerful robots. We read many articles and watch adverts proclaiming the virtues and threats of Artificial Intelligence. I have a number of thoughts on … Read More

Military Intelligence Lessons

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Before reading this article, written for the SCIP magazine, you may be expecting many useful Military Intelligence tools and tips. But films and TV don’t offer an accurate reflection of military intelligence. The reality may seem so much more mundane … Read More

How to Love Your Competitors With Intelligence

This is a picture of two teddy bears cuddling for an article called falling in love with your competitors by Octopus Competitive Intelligence, Due Diligence, Competitor Analysis, Market Analysis, Competitor Research and Strategic Business Development to beat your competitors, increase sales and reduce risk

How to love your competitors with intelligence This article explains how to love your competitors with intelligence. You don’t need us to tell you it’s soon Valentine’s Day. But you may be surprised to hear we believe it’s time for … Read More

How Will Your Competitors Win The War in The Future?

This is a picture of Young Business Boys in Suits Race Toy Cars B2B Competitor Intelligence for an article by Octopus Intelligence. We isolate your problems, reduce risk and uncertainty and deliver intelligence-led answers and innovative solutions. Dedicated to help you win. Competitor intelligence to out last them

With a new year around the corner, it is the time when some reassess their business position. With this in mind here are some questions to think about. If competitors are consistently beating you, how much revenue have you lost? … Read More

New Competitors Are a Big Risk, Here is Why

New competitors are a big risk, here is why: It is common to get caught out thinking you have the best products and your competitors are not a good as you. It used to be the case that companies could … Read More

Counter intelligence help ships safely navigate angry waters

This is a picture of a fun male fair-haired boy 5-6 years old wearing stylish blue turquoise t-shirt polo try to hear you overhear listening intently isolated on yellow color wall background for a page entitled competitive intelligence topics help by Octopus Competitive Intelligence beat competitors, increase sales, solve problems, Competitor Analysis Counter intelligence helps ships safely navigate angry waters What is counter intelligence? This article is titled Counter intelligence helps ships safely navigate angry waters, And asks what is Counter Intelligence and offers some thoughts on what to be aware of. Counter Intelligence - Your information has real value to many people. And it’s not just your secret ingredients or patents either. So why do so many companies happily give their valuable information to competitors on a plate? The fact is, Competitive Intelligence can be collected more easily than you may think – ethically and legally too.  So where can they find information about you? A good Competitive Intelligence (CI) consultant will link lots of information together from many sources to build a picture. For example, they can read a situation from company newsletters and press releases. It‘s also relatively easy to get information on the phone. It just takes time and persistence.  A telephone call taken when you’re on the hop can reveal a single piece of information. 20 phone calls to other people in your organisation will reveal even more. There are also many elicitation techniques used when chatting at a conference, trade show or networking. Add beer to the equation and, bingo, more information is revealed. Intelligence against you It’s not just companies who want your information. Countries have corporate intelligence functions too. The Japanese have an open intelligence operation. The Japan External Trade Organisation (JETRO) is often seen at conferences and trade shows. Usually, they’re the ones with the large cameras, claiming not to be able to read the ‘no photography’ signs! Russia and China don’t work to the same rules as Competitive Intelligence Agencies, but neither do the French, Israeli, German or US government agencies either. Again, there’s no reason to make it easy for them. Why would someone spy on you? There are plenty of reasons. Do you have a new growth strategy? Has this affected a competitor or supplier? Have you taken a slice of work off a competitor or moved into someone else’s patch? Getting noticed means you are doing something right. But your success is going to disrupt someone else. They may well be looking to retaliate. Counter Intelligence So how do you reduce your competitors’ chances of finding information about you? Frontline: First, make sure your receptionist is Competitive Intelligence savvy. Often forgotten, they hold significant knowledge about your company. They are the front line and come in regular contact with outsiders. Phone: Have a phone policy where everyone asks who is calling, where from and their contact number in case they get cut off. Trade shows: At trade shows, brief the team about people asking too many questions. When talking to an interested person ask for their card and dig into their background. Don’t let them take photographs. Conferences: Record all documents you have at a conference. Check them in and don’t leave them hanging around. When presenting material to an audience, are you giving more than the information you want to give them? Tell them what they need to know, nothing more. This is especially true in the Q&A session (where it’s easy to let your guard down). People Employees: Over-enthusiastic employees keen to impress must aware what they are saying to people. Boasts about how great your latest product is could be heard by the wrong person. Keep a close eye on disgruntled employees. They may be out for revenge or working for your competitor in the future. Keep them on-side and depart as friends. Recruitment: When placing a job advert online look at what you’re saying about your organisation. Are you giving away your expansion or relocation plans? Travel: Talking about your company on a mobile phone or to a colleague on flights and trains or is unwise. Even more so if you are travelling to a trade conference. Your competitors are likely to be on the same flight. Documentation: Does your public documentation include information which could be useful to a competitor? After hours: Make sure your salespeople are aware of what they’re talking about in hotel lounges and restaurants. Try and stop work talk on a Friday night in the pub. It’s vital to test your defences. If you have a CI team or a friendly CI Agency, get them to collect against you. See what they can find. Have your CI team brief trade show attendees to determine what to look out for. Review all documentation, marketing and press releases. Ask what does it reveal about you? It‘s important to: Assess your vulnerabilities Determine the competitive threat Decide what you need to protect yourself Develop countermeasures Review your counter intelligence processes CI is part of business. Use it to gain an advantage, just as your competitors do against you. Competition is healthy. It’s rare for a traditional competitor to destroy you, but is there any point leaving the door open for them? This article was titled Counter intelligence helps ships safely navigate angry waters, And asked what is Counter Intelligence and offered some thoughts on what to be aware of.

What is counter intelligence? This article is titled Counter intelligence helps ships safely navigate angry waters, And asks what is Counter Intelligence and offers some thoughts on what to be aware of. Counter Intelligence – Your information has real value … Read More

Are Your Products Circling to the Bottom?

Have you noticed that a company comes out with a great new product or a musician has a smash hit album, and their customers love it? Are your products circling to the bottom? Then their competitors start the race to … Read More