The Future of Weddings: $50 billion up for grabs

Posted by Leonard Fuld on Sep 3, 2015 12:32:39 PM

Our daughter is about to be married and we look forward to this special day.

What we have not enjoyed is the process. I’ve never encountered such a complicated, messy and unsatisfying business in my entire life. When I say messy, I mean my wife and I have had to work with a tangle of over forty categories of vendors, from hotels, catering, bands, photographers, and so on.

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Topics: Competitive Intelligence, Consumer Goods, Brand Insights, Innovation, Market Analysis, New Market Entry, Technology/Telecomm, Travel/Hospitality, Industry Convergence, Merger and Acquisition, Competitive Strategy

Deciphering the Alphabet

Posted by Robert Flynn on Sep 3, 2015 11:42:00 AM

Google’s transformation into Alphabet, announced in early August by CEO Larry Page, is on one hand inconsequential "Page Six" news and on the other the most momentous business event of the past decade. For companies in the technology and other sectors that Google has begun to explore, it’s a wake-up call as it signals Mr. Page's intention to continue to expand his conglomerate, increasing risk for companies across numerous industries. Fortunately, knowing that objective and deciphering the implications of this announcement, allows competitors time and opportunity to adjust their competitive strategy.

The recognition that Mr. Page and Google co-founder Sergey Brin have started and nurtured numerous side businesses including cloud computing, self-driving cars, life longevity, and even satellites brings a yawn from even the most casual observer. After all Elon Musk has gained fame as CEO of Tesla Motors (cars), CEO of SpaceX (rockets), and Chairman of SolarCity (power systems). And as far back as 1878 no less a man than Thomas Edison set the standard when he created General Electric – lightbulbs, steam turbines, locomotives, radio, toasters, even ovens. The conglomerate structure of Alphabet has a long, well-established tradition.

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Topics: Competitive Intelligence, Consumer Goods, Brand Insights, Innovation, Market Analysis, New Market Entry, Technology/Telecomm, Industry Convergence, Merger and Acquisition, Competitive Strategy

Take the new global CI Benchmarking survey (and see your results instantly!)

Posted by Fuld + Company on Aug 5, 2015 9:12:47 AM

How does your CI program compare to other across the globe?

Competitive intelligence (CI) is just over three decades old and plays a critical role in corporate decision making around the world. Join over 700 companies that have participated in this Fuld + Company survey over the past 10 years. By participating in the 2015 benchmark update, you will learn the latest information on CI budgets, reporting relationships, as well as understanding how strategic or how tactical your CI program is compared to others in your industry or in other geographies.

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Topics: Competitive Intelligence, Consumer Goods, War Games, Brand Insights, Fuld + Company, Market Analysis, Pharma, Scenario Analysis, Technology/Telecomm, Life Sciences, Merger and Acquisition

What business is Amazon in?

Posted by Julian Price on Aug 3, 2015 2:14:00 PM

Amazon's news that it has signed the ex-Top Gear team to bring the world 'Top Gear 2.0' (The BBC owns the original name) is an inspired move for a company that, let's not forget, began by selling books. For those not familiar with the programme and franchise, Top Gear is acknowledged as being the most popular factual television programme in the world, with an annual audience of 350 million.

Amazon has spent a reputed £160 million on the venture. It might seem a lot, but reference the fact that Top Gear was the BBC’s biggest franchise - worth in excess of £50 million a year.

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Topics: Competitive Intelligence, Consumer Goods, Brand Insights, Market Analysis, Scenario Analysis, Technology/Telecomm, Merger and Acquisition

Can Uber be conquered?

Posted by Leonard Fuld on May 12, 2015 12:35:00 PM

Yes, according to our man-on-the-street survey.

In my view, the largest barrier to entry is gaining access to customers.  If a company can hold onto its customers despite a rival offering lower prices or government regulation allowing more competition to enter a market, then that firm has a resilient strategy.   That may not be the case with Uber, no matter how high its valuation ascends.

Why do I say this? Last week I conducted an informal survey of Uber customers on Boston’s new Rose Kennedy Greenway. I visited 15 groups of people sunning themselves or strolling down this wonderful stretch of newly developed parkland on the edge of Boston’s financial district (this was by no means a statistically significant poll). In all I spoke with roughly 45 people about how they view Uber and its competition.

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Topics: Innovation, Technology/Telecomm

Dashing Through the Value Chain

Posted by Ken Sawka on May 4, 2015 12:48:00 PM

Amazon last month announced Dash – small push-button devices that uses the Amazon app on your smartphone to connect to your home wifi network and enable push-button ordering of 248 different popular products used throughout the home – laundry detergent, diapers, dog food, and granola bars, to name a few. Amazon markets this to its Prime customers as the ultimate consumer convenience. No more last minute runs to the store to re-stock toilet paper. Just push a button and, um, go about what you were doing.

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Topics: Consumer Goods, Value Chain Analysis, Innovation, Technology/Telecomm

Industry 4.0: Embrace it, or risk being left behind

Posted by Nick Sumner on Apr 13, 2015 3:00:00 PM

Industry 4.0 is changing the manufacturing sector, and will have a significant impact on the global economy in the next 5 years.

Built on the foundation of the "Internet of Things" (IoT), an interconnected web of smart machines and devices that talk to and interact with each other autonomously, Industry 4.0 is altering the landscape by creating intelligent networks of machines and systems that will increase horizontal and vertical integration.

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Topics: Innovation, Technology/Telecomm, Industry Convergence

An Exercise to Get Your Team Thinking Differently

Posted by Leonard Fuld on Jan 23, 2015 11:00:00 AM
Source: Harvard Business Review

Thinking about the future is hard, mainly because we are glued to the present. Daniel Kahneman, the Nobel Prize-winning economist and author of Thinking, Fast and Slow, observed that decision makers get stuck in a memory loop and can only predict the future as a reflection of the past. He labels this dynamic the “narrative fallacy” – you see the future as merely a slight variation on yesterday’s news. A way around this fallacy, we’ve found, is a speed-dating version of scenario planning, one that takes hours rather than months.

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Topics: Innovation, Technology/Telecomm, Life Cycle Management, Life Sciences

CEOs, Get to Know Your Rivals

Posted by Leonard Fuld on Jul 25, 2014 12:25:00 PM

Source: Harvard Business Review

In an interview, Cisco CEO John Chambers once remarked on his intimate knowledge of rival CEOs. He claimed that based on this insight he could anticipate their market moves one or even two steps in advance. I thought he might be exaggerating, making good copy but lacking substance.

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Topics: Competitive Intelligence, Brand Insights, Early Warning Monitoring, Technology/Telecomm

The Battle for Wireless Health May Help Cure an Ailing US Healthcare Business

Posted by Amelia Ehrens on May 2, 2012 10:35:00 AM

U.S. Business School War Game Predicts Mergers and New Services to Gain Affluent Boomer Marketshare

CAMBRIDGE, Mass., May 2, 2012 /PRNewswire/ -- Healthcare technology companies - ranging from large such as GE to startups like Independa - will need to find partners and cater to the affluent Baby Boomer generation and their caregivers if they are to take the lead in wireless health, an industry that promises to help reduce much of the estimated $2.5 trillion of wasted resources in the global healthcare system. This was among the predictions of a national war gaming contest held between four top business schools and run by Fuld + Company last week in Cambridge, Massachusetts.

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Topics: Innovation, Technology/Telecomm, Healthcare

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