Succeed in Risk Management with Competitive Intelligence, Biz Coach

Feb. 17, 2010 - PRLog -- Seattle business-performance consultant Terry Corbell believes even the top global companies will find it difficult to manage risks and make a profit even after the economy improves. He writes that’s because 80 percent were unable to make reliable forecasts before the Great Recession even started – http://www.bizcoachinfo.com.

“KPMG’s 2007 study of 544 global executives revealed that many companies wanted to be able to be able to manage their performance, but only 20 percent were able to make reliable forecasts,” he explains.

“Yes, it's increasingly difficult to stay on top of marketplace challenges and to invest in trends to get the most return on your investments,” writes Mr. Corbell. “That's why the competitive intelligence (CI) process is sweeping the planet. CI enables a company to reduce risks and accelerate profits.”

However, he says CL is expensive.

“If anyone knows how to make CL cost effective, it’s author Seena Sharp,” he writes.

She wrote the book, “Competitive Intelligence Advantage: How to Minimize Risk, Avoid Surprises, and Grow Your Business in a Changing World.”

She reveals some of her authoritative insights in an interview by Mr. Corbell: http://bizcoachinfo.com/archives/2722. That includes her answers to what she refers to as the 11 myths of competitive intelligence.

As The New York Times referred to him in "Been There... Done That... Here's How", Terry Corbell has more than 30 years experience as a profit professional and business-performance consultant.

As a profit professional in best-practices management at CMS Associates LLC, http://www.cmsassociatesllc.com, he has provided confidential full-service business solutions for Northwest companies ranging from technology to professional service firms, and for the public sector since 1992.

Especially timely in this economic downturn, he provides a nine-point financial turnaround program, on a pay-for-performance basis, for a small retainer and just one percent of the net-profit increase.

His other services include marketing, human resources and special projects.

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Biz Coach Terry Corbell is a business-performance consultant and profit professional. As a longtime media columnist, he publishes performance-enhancing strategies at The Biz Coach: http://www.bizcoachinfo.com, Proven Solutions for Maximum Profits.