The bankruptcy of Monitor Group, the consulting firm, has come as a shock to the followers of the strategy gurus who set up the firm – Michael Porter and Mark Fuller. No management education is complete without a cogitation of the Porter’s five force model. How is it possible that the very firm that advised
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Topple rate is a measure that a McKinsey consultant devised in 2007. It measures the rate at which companies lose their leadership position or switch ranks. The ranking in this context is done on the basis of return on assets (ROA). For example, if the topple rate is 40%, it means that if you an Competitive intelligence is not only about knowing how to find the information you are looking for. It is also about Asking questions that are relevant to your business. The decision makers who will use the CI need to be involved in deciding what questions need to be answered in order for the company to meet How do I know the data is reliable? How can I make decisions with unreliable data? If one piece of data is suspect, is the entire database suspect? How do you validate published information? How do I know whether my respondent is speaking the truth? These were among the many questions debated during the lively India’s proposed National Manufacturing Policy (NMP) has ambitious objectives of creating employment for 100 million people and taking the share of manufacturing in India from the current 16% to 25% by 2022. Competitive intelligence is a key ingredient that policymakers need to use for meeting this objective. Growth of manufacturing in India is being seen |
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