INDIVIDUAL REPORT ASSESSMENT & MARKING GUIDELINES Page 1 of 2 Subject Title Strategic Intelligence Subject Code MGT805 Lecturer / Tutor Michael Penfold Semester 2018 July Semester Assessment Title...

Strategic planning                                    4 | Page
Strategic Intelligence used by NOKIA
Name:
Class:
Subject:
Date:
Executive Summary:
This report will give insight about the strategic intelligence approach taken by Nokia to understand its issue in term of its product. The report will discuss about the various methods and approach taken to analyze the issue of the company.
This report will also give a
ief insight about the failure of the Nokia collaboration in past and their learning from it. It will focus on various tools use to forecast the future and plan the company policy according to it.
The role of the Strategic Analyst and its duties will be discusses. After the finding of issues the recommendation are also suggested to keep the organization updated with the environment
Contents
Introduction:    4
Literature    4
Background    6
Findings    7
Addressable of the issue    7
Different Methods for analysis    8
SWOT analysis    8
Six question    8
Reengineering    9
FMEA    9
Marketing 4Ps    9
QFD    9
Strategic Analyst    10
Conclusion:    10
Recommendation:    11
References    12
Introduction:
Strategic intelligence includes the collection of information then processing and analyzes the result to make the strategies, plans and policy to help the business to grow. It helps the management to make effective strategies and to create strategic leaders.
Strategic planning helps the organization to withstand in a volatile or unstable market. This gives an edge to them when compare to its competitor. Strategies, policies and plans make the whole difference in making a company run (Aspara, J., Lamberg, J., Laukia, A., & Tikkanen, H. 2013).
Any company or organization when plans to enter into new business or country they analyses the opportunity and threat by various means. They then formulate or come up with different plans to introduce it. If their source of intelligence fails it leads to the failure of whole policies or plan.
The management identifies the issues and represents it in front of board. They collectively process it to analyses through the information given. The organization intelligence not only depends on their system but also on their workforce intelligence. All together form policies and strategies to make business run universally (Fahey, L. 2007).
Strategic Intelligence helps the company not only to have good turnovers in term of profit but also in smooth running of policies nation or worldwide. It gives a widow to its management to see and forecast the solution. Management has to make policies or strategies as per the workforce, environment, demographics, and culture of the place.
If organization fails to analyze the information of the issue, the policies made made would create hindrance for targets to be achieved.
Literature
According to Michel Maccoby, Strategic intelligence relates with the below given organizational system abilities: -
Foresight - to recognize inclinations that present coercion or prospect for an association.
Visioning - a capability to see and form an perfect future state grounded and generate a procedure to engage organization to implement it.
System thinking – a capability to observe, creates, and join in fundamentals those work as a whole to achieve a mutual resolution (Heinrichs, J., & Lim, J. 2008).
Motivating - a capability to inspire a group of individuals to work as a team aiming to achieve a vision. Understanding what inspires individuals is grounded upon aptitude, character intelligence.
Partnering - the aptitude to advance strategic alliances with entities, groups and establishments. This excellence also rests on the personality intelligence.
The challenges of the modern innovative era by contravention from their old-style models to become more intensely and uninte
uptedly inter-linked are approached by strategic intelligence. This gives more operating methods to give open source information for data analysis (O’Byrne, A. 2018).
For effective strategies, organizations have to know its employee intelligence to have good leaders, strategic planning and favorable environment. Organization used information systems to manage knowledge. They engage in a program where they use tactical forms of intuitive information, stores information and environment, which altogether used for making effective decision or policies for company to survive in tough situations.
Strategic intelligence not only gives external insights about market, competition or environment but also about internal composition or problems. It helps to make policies to improve internal structure, procedure and policies for better productivity and outcome (Roosa, S. 2016).
It helps all type of organization like small, big, private, government or non-profit to use its data base and using it make more strategic policies to beat the difficulties face.
Strategic intelligence is develop with the need of the organization and is formulated by the strategist to optimize the issue. Strategy analyst research and process the information to structure the best policies or procedure for the company.
Strategy Analyst understands the need of the company, issues it is facing. He will also research about the external and internal environment of the organization. With their past history he will infe
ed about their critical market situation if any. After gathering all the information he will present its idea to them to make changes.
Strategic intelligence gives insight to the future to understand the trends, pattern or environment. This gives decision makers an opportunity to look into the probability of outcomes based on available choices and have future possibilities. This help the organization to alter or change their process or procedure in time before it’s become critical.
The high level management of the company like board of company directors, Chief Executive...