Abstract

Glaxo Wellcome Inc.'s strategic information/competitor intelligence department has developed a systematic approach for integrating external consultants into the competitive intelligence process. Contracting the services of consultants takes place only after exhausting all internal sources of information and achieving “buy-in” from internal stakeholders. Criteria such as industry experience, size, and fees are weighed. A project agreement that outlines fees, deliverables, and key issues is drafted, along with a confidential disclosure agreement (CDA) for each consultant candidate to sign. Once the relationship is established, ongoing briefings are maintained with those working directly on the project, rather than with the project manager. Search strategies are discussed and reassessed, while stakeholder expectations are managed. During debriefings, transcripts of interviews conducted by the consultants are reviewed, rather than interview summaries. Constructive feedback to the consultants is the final, necessary step. © 1998 John Wiley & Sons, Inc.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.