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How to Create a SWOT Analysis to Update Your Organization’s Strategy

mention

SWOT (Strengths, Weaknesses, Opportunities, Threats) is a method used to evaluate a company and its environment. It’s a framework that helps organizations identify internal and external factors that may impact their business. A SWOT analysis can help assess a business unit, product, service, or whole company.

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More Entrepreneurs Convinced That Marketing Competitor Analysis Leads to Revenue Gain

ArchIntel

A case is made for sizing up one’s business rivals by drawing parallels between it and a game of chess. This intellectual interplay is what defines chess and, not surprisingly, it is also what defines competition in the world of business. Both require thinking ahead and confounding the competition.

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Context Analysis: Your Secret Weapon for Better Communication

mention

Want to make smarter decisions for your business? It’s not just for big corporations, either—any size business can benefit from taking a step back and conducting such an analysis to examine its place in the bigger scheme of things. This approach is key for making smart choices in business and other fields.

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Competitive Intelligence: Hype or Necessity?

mention

You’ve likely thought a lot about these factors at your business. It’s tempting to dismiss it as just hype, but it’s a necessity for your business. This leads to creating a business strategy that will help you outperform competitors by selling more and earning higher revenue than them. The concept has quite some nuance to it.

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How to Combat Generative AI Hallucination

Alpha Sense BI

Ever since generative AI (genAI) entered the financial and business zeitgeist, concerns have run rampant about the technology’s potential to hallucinate. That’s why, when selecting the right genAI tool for their business and investment needs, it’s crucial for firms to ensure that the tool has procedures in place to combat hallucinations.

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Enhancing Institutional Knowledge with Generative AI

Alpha Sense BI

Institutional knowledge, like an intricate library, requires innovative tools to enhance discovery and uncover the hidden gems within its vast repository. Understanding Knowledge Management Knowledge management is the process by which firms transform information and data they have amassed into actionable insights.

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How To Do Competitor Analysis

Aqute Intelligence

For medium and large businesses, the stakes are higher, and the competitive landscape is more complex. Understanding how to perform a competitor analysis helps various departments within a business. Informing strategic decisions: Competitor analysis tools provide valuable data that can inform your business decisions.