What is organizational intelligence?

The term "organizational intelligence" concerns the ability or ability to analyze data and transfer it to usable information. It includes the ability of the organization to collect data and also examine events and behavior to apply it to its business model in a way that shifts the organization forward. It may also refer to the ability to share information between stakeholders.

There are usually two main components of organizational intelligence. The first is the management of knowledge that includes a number of strategies designed to collect and share information obtained through research, data collection and experience. Examples of knowledge management techniques include the creation of documents about proven practice. Such documents are created interviews with the most successful workers in the functional area, analysis of their processes and habits and documenting these behavior for the use of all other workers in the same functional area.

Another main part of organizational intelligenceis organizational learning. This applies to the ways the organization learns, as well as the way the organization adapts to what they learn. It is based on the belief that organizations that can objectively analyze data and find ways to integrate changes in the environment, government, availability of resources and consumer opinions, and purchasing behavior into their business plans are more successful than those that only compile data. Intelligent reactions may include a change in price strategies, expanding product offers, or marketing ways that more effectively address consumers.

One of the most important aspects of organizational intelligence concept is that intelligent organizations do not only collect information, share it throughout the organization. For example, different departments can use different suppliers. In the intelligent organization, the department will share this information and try to negotiate the teamsThe agreement in which one supplier receives a reduced price in exchange for the business of several departments.

Another critical feature of an intelligent organization is that it is not only on the information it collects - uses them to improve. The basics of organizational news dictate that once the information is collected, they must be evaluated to determine all ways in which it is relevant to business or organization. For example, if an enterprise finds that it is losing a market share between a specific group of consumers, it should try to find out why, what it can do to get a stake and what other groups of consumers could be a viable compensation for lost business.