The statement above was made by Tarun Khanna in Harvard Business Review in both September and November 2014. Context is the background in which a future event takes place, it is often real or perceived and includes factors such as geography, genders, industries, job roles, attitudes, beliefs, values, politics, cultures, symbols, organizational climate, the past, personal ethics and the preferred future.
How can these systems-based organizations survive, when inspiration, passion, enthusiasm, motivation have faded away a long time ago? These organizations now jump on ‘big data’, however, although big data can gradually improve our abilities as we work with it, it does not grant instant omniscience, and is not an automatic cornucopia or substitute for insight. We have a much more crucial phenomenon available to us these days, ‘open data’.
Most decision-making in our organizations is still based on intuition and gut feeling. The aim of strategic competitive intelligence is critical thinking fueled by analysis and driven by perspectives over and above facts.Analysis is key and is a precondition for creating strategic intelligence. In analyzing data, we tend to discern patterns early, jump to conclusions, ignore contradictory information or take other mental shortcuts.
Most localities have a few individuals who know many people across social and professional boundaries and facilitate networking amongst them. These people are called ‘connectors’.“It is amazing to see how the strategic intelligence solution of MI7 discovers and visualizes these new connectors in and beyond your sectors of industry and across the globe”