THE ROLE OF COMPETITIVE BUSINESS INTELLIGENCE AS A PIVOTAL REQUIREMENT IN INTL OPS MANGMNT BUSINESS FORECASTING an integral facet of Global operations management
More then any other.. as we draw to the end of the first decade of our new millennium we realize it has been the decade of advanced globalization. Today global businesses compete tooth and nail . In so doing every business must include – in its armory of tools with which to survive – new approaches in collecting , assaying and then managing the procedures by which they accrue and utilize global business intelligence
Today the global business arena is a vast inextricably interlinked marketplace. Each graduate candidate in this class is aware that this has resulted from swift advances in communication and transportation. In addition political climates and ideologies around the world have changed dramatically over the last few decades ( the demise of the USSR , the broaching of the Berlin wall, the stellar advances in India and the opening up to the world of China ) There has been the reduction in trade barriers around the world which has opened doors to new international opportunities for American business.
However ,,,far-sighted American business leaders are all agreed that such changes whilst beneficial at first glance have also engendered significant overseas competition to US business interests. Today in America it is no longer business as usual . American business today is filled to the gunnels with outstandingly successful overseas competition . They have , at our behest, taken up the invitation to do business in the global marketplace of which America is an integral part ¦and are here in our domestic markets,
To that end all organizations ( American and Overseas ) must be aggressive in identifying “windows of opportunity to expand their awareness of business opportunities all over the planet . American organizations musty swiftly – initiate programmes to achieve continuous improvement, creativity and innovation to enhance their competitive position.
This paper requires the graduate candidate to analyses the trends in accruing competitive business intelligence for the international Operations Management business environment. Each student researcher is expected to prepare a paper which offers guidelines for the formulation and implementation of effective competitive intelligence accrual systems. Further each paper should discuss reengineering in-house leadership processes for intelligence gathering and its utilization.