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All ACI programs teach students how to overcome the most challenging
competitive intelligence issues. The following are sample lessons
taught in:
| Problem Sets |
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Anticipating Innovation |
1. Anticipating Disruptive Technologies
Your firm is in the enviable position of being market leader,
resulting in part from your introduction of new materials technology
several years ago that provided a superior solution to customer’s
number one need of strength. Your scientists and product development
staff are confident you can maintain your strength advantage in
the face of increasing competition due to your depth of expertise
and cumulative experience. Your concern is that you may be too
complacent and miss a ‘disruptive technology’ that
will change the rules of the game.
Questions:
- Where do you look for potentially disruptive technology?
- How
do you deal with your internal experts who consistently say
that there is no threat?
- What are some of the leading indicators
that a new technology might be introduced?
- What role does need
assessment play in anticipating technology substitution?
2. Finding Technology to Address Emerging Needs in a Services Business
A joint marketing and IT planning team in a financial and investment
services firm has concluded that the drivers of your business are
changing. Specifically, due to shifts in your customers’ expectations
and technology being used by them, new features are likely to be
important in giving them timely access to their portfolio information;
capabilities that your current technology is not well positioned
to offer.
Questions:
- How can you validate the changes in drivers and implications
for your product?
- Where do you look for possible new technology
platforms to address the emerging customer drivers?
- What is the
difference between a ‘solutions driven’ and
a ‘technology driven’ search process and which one
is likely to provide a more innovative solution?
3. Assessing Competitors’ Early
Stage Development
Recent trademark filings indicate that your competitor may be
positioning themselves to introduce a new product concept, but
exactly what it is and when it is to happen are unclear. In order
to develop an appropriate competitive response, you would like
to know more about their plans.
Questions:
- What types of intelligence might be used to develop an assessment
of their intentions and capabilities?
- Which industry participants
might have insights you can tap into, and how might you approach
them without divulging
your interest?
- Can indicators such as scientific papers
and patents provide any useful insights given the lag between
work
and publication
and the short term nature of the perceived threat?
4. Timing the Entry of New Technologies
Most major firms in the industry accept that some form of advanced
genetic testing is likely to find a home in the health care system
and that early participants can position themselves to become dominant
players – if they enter at the right time and focus on the
right applications. The challenge is to find the applications likely
to become the early winners and to position yourself against the
offerings of other firms.
Questions:
- How do you determine when early stage technologies might be
ready for commercialization?
- What intelligence about competitor’s
activities might be useful in assessing where you want to focus
your work and
how might that intelligence be developed?
- How important is it
to identify the unarticulated needs that might emerge as drivers
after the first product offerings;
and
how exactly do you identify and prioritize them?
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