Security News > 2022 > June > Intelligence is key to strategic business decisions

Growing demand for the use of strategic intelligence has been prompted by increasing cyber and regulatory concerns.

Navigating the complexities of the COVID-19 pandemic has been a key challenge for businesses in the past three years, with 40% citing this as a catalyst in driving a growing need for strategic intelligence.

"Not only is there more information than ever to sift through - intelligence is taking its rightful place in safeguarding reputation and exploring commercial opportunities. No wonder 55% of those we asked said their intelligence team's workload will increase over the next five years."

Close to 1 in 3 agreed that strategic intelligence is key to both strategic business decisions and the operational decisions to which it has historically been applied.

Respondents identify multiple areas in which strategic intelligence is used, from public relations, identification of opportunities, and ESG to horizon scanning and market entry.

It is perhaps not surprising that 88% say strategic intelligence is important for the overall performance and success of their company - with 56% believing that companies that don't effectively deploy strategic intelligence are more likely to fail.

News URL

https://www.helpnetsecurity.com/2022/06/03/intelligence-decision-making/