A Study on the Relationship between Competitive Intelligence and Knowledge Management

摘要

Along with the rapid globalization and liberalization of economic markets comes an additional set of pressures for developing countries such as China. Entry into the global economy requires high-grade competitive intelligence on aspects such .. as standards, regulations, consumer preferences, competitor strategies, and business styles as well as an advanced knowledge management system. Chinese enterprises could therefore greatly benefit if we were able to build or strengthen existing intelligence and knowledge capabilities. This paper mainly discusses the similarities, differences and integrations of these two critical managerial functions. On the basis of the above reasoning, it follows that firms can combine competitive intelligence and knowledge management to achieve useful interaction between them. Competitive intelligence centers monitor the external environment with the aim to help firms avoid risks and seek market opportunities. Knowledge focuses on optimizing internal environment in order to cultivate a climate favorable to communicating and sharing of knowledge. Information and knowledge collected by CIS, with the help of knowledge management, can be passed onto the appropriate people at the appropriate time in the appropriate form. Knowledge management can acquire useful information from CIS and then store it into organizational memory to raise the knowledge innovation capabilities.