IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Blurred Lines between Competitive Intelligence and Corporate Espionage

Blurred Lines between Competitive Intelligence and Corporate Espionage
View Sample PDF
Author(s): Harish C. Chandan (Argosy University, USA)
Copyright: 2017
Pages: 12
Source title: Corporate Espionage, Geopolitics, and Diplomacy Issues in International Business
Source Author(s)/Editor(s): Bryan Christiansen (PryMarke, LLC, USA)and Fatmanur Kasarcı (PryMarke Business Academy, Turkey)
DOI: 10.4018/978-1-5225-1031-4.ch001

Purchase

View Blurred Lines between Competitive Intelligence and Corporate Espionage on the publisher's website for pricing and purchasing information.

Abstract

In today's globalized world, gathering Competitive Intelligence (CI) and using it strategically to gain a competitive edge has become a necessity. Integrating knowledge management and CI helps firms to respond quickly to changing business conditions. Organizational culture, ethics, and emotional intelligence influence knowledge sharing which enhances CI scanning. Employees, knowingly or unknowingly, can become the weakest link in a firm's efforts to protect business intelligence. There is reluctance in the organizations to address the issues of ethical and legal means to gather CI. Corporate espionage is a silent, enigmatic threat to the competitive position of firms and nations. Annual losses to corporate espionage are estimated to be US$300 Billion. A 3-step strategy of prevention, detection, and remediation helps to combat corporate espionage.

Related Content

Iris-Panagiota Efthymiou, Symeon Sidiropoulos. © 2024. 24 pages.
Nitish Kumar Minz, Anshul Saluja. © 2024. 29 pages.
Iris-Panagiota Efthymiou. © 2024. 24 pages.
Antoine Toni Trad. © 2024. 43 pages.
Martha Ann Davis McGaw. © 2024. 15 pages.
Agyabeng Nimfah Yeboah, Leila Goosen. © 2024. 24 pages.
Surjit Singha. © 2024. 23 pages.
Body Bottom