When Business Requires the Service of a Gumshoe

NJBIZ (July 23, 2007)

Author: Daks, Martin C
Vol: 20, Issue: 31
Permanent Link: http://vlex.com/vid/when-requires-the-service-of-gumshoe-64083093
Id. vLex: VLEX-64083093

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Summary:

"People are surprised when they discover how much information is available from publicly accessible sources," [John McGonagle] says. "If you're investigating a publicly held company, they have to file with the securities and Exchange Commission (sec). Private companies don't have to file with the sec, but information agencies like D&B may have data on them-although there's always a question about how reliable that information is."

"Competitive intelligence involves the legal and ethical collection of data, and the transformation of the raw data into information that can assist companies in making decisions," says John McGonagle, managing partner of The Helicon Group in Blandon, Pa., a consulting group that has worked for New Jersey clients.

Headnotes:

Extract:

When Business Requires the Service of a Gumshoe

BUSINESS OWNERS spend a lot of time trying to fend off a host of challenges from competitors, from matching price cuts to offering better customer service. But academics and other experts say that many companies are missing the boat when it comes to one kind of defense: Competitive intelligence (CI), or gathering clues to f...



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