Real-World Intelligence: Organized Information for Executives

by Herbert E. Meyer

Book Overview

Business Intelligence is emerging as the world's hottest new management tool. Companies now are setting up Intelligence Systems that operate like corporate radars: they monitor the external... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 093516605X
• ISBN13: 9780935166057
• Release Date: December 1991
• Publisher: Storm King Press
• Length: 102 Pages
• Weight: 0.74 lbs.
• Dimensions: 0.5" x 5.5" x 8.2"

Customer Reviews

A Must Read for Managers

This book is on my MUST READ book for managers and decision makers. The idea that the person responsible for "intelligence" is ALWAYS in conflict with the decision maker was a real eye opener. Conflict 1: Gathering information is a continuous process with no end result in sight. Demands for information by decision makers are usually one-time no-warning events. Conflict 2: If the decision maker hears what he already "knows" or believes to be true, the information is of no value. To provide value, the intel person has to buck the belief of the boss. Not a prescription for career advancement.

Do You REALLY Know?

Meyer's distinguished career includes serving as associate editor of Fortune magazine (primarily responsible for coverage of the U.S.S.R.) and then as special assistant to the director of the C.I.A. and vice chairman of the C.I.A.'s National Intelligence Council (primarily responsible for estimates and projections concerning the U.S.S.R.). Meyer is widely recognized as the first senior government official to predict the collapse of the U.S.S.R. Upon retirement from public service, Meyer founded Real*World Intelligence, Inc. of which he continues to serve as chairman and CEO. He is widely recognized as a leading authority on competitive intelligence. He and his associates developed the world's first customized turn-key intelligence system for organizations and they now work with clients throughout the world.There are many misconceptions about the C.I.A. For example, contrary to what many people think, only a small percentage of time and effort (about 5%) is devoted to espionage (or "spying"). Most of the work consists of obtaining and then evaluating "open-book" information. That is, information readily available to virtually anyone. There may also be misconceptions about the subject of Meyer's book, competitive intelligence. For example, that efforts to obtain the information on which it depends must necessarily be illegal, unethical, immoral, etc. Not so. As Meyer carefully explains, there is an abundance of information in the public domain which is easily (and legally) accessible. In Real*World Intelligence, Meyer organizes his material within six chapters:The Most Powerful Management Tool of AllThe New IntelligenceHow Intelligence WorksWhat Intelligence Outfits Look LikeIntelligence and PolicymakingThe Future of IntelligenceWhat he offers in this book is a cohesive, comprehensive, and cost-effective system by which to determine (a) which information is of greatest importance to an organization, (b) how to obtain that information and then manage it, (c) how to convert (or upgrade) that information to intelligence, and finally (d) how to derive greatest benefit from it. In the so-called Age of Information, it is imperative for any organization (regardless of size or nature) to establish and then develop such a system. Think of intelligence as "radar" which will enable an organization to survey and then navigate its way through totally unfamiliar "territory." Think of intelligence as a means by which to recognize critically important early-warning signs and then respond effectively to them. Also think of intelligence as a means by which to know what an organization needs to know about its competitors but, much more importantly, what it needs to know about its customers and their customers as well as what it needs to know about the rapidly-changing world it shares with them.Anyone who questions the importance of such intelligence should ask this question: "The next time I am behind the wheel of a vehicle, what

Gem of continuing value--"must read" for busy managers

Herb, one of the distinguished speakers at OSS '92, has been Vice Chairman of the National Intelligence Council, and is in my mind one of the top five pioneers of business intelligence in the United States. He started in late 1970's, and his little paperback book is both a gospel and a guide of continuing value. This book was distributed at OSS '92, and continues to be worthy of reading by senior executives who don't do a lot of reading.