 |
Press Releases
America's Most Intelligence-Savvy CEO™ Identified
Christopher Galvin, Motorola CEO, Chosen to Receive
First Fuld "Intelligence" Award
CAMBRIDGE, MA February 7, 2000
Motorola Chairman and CEO Christopher B. Galvin has been chosen to receive
the
1999 Intelligence-Savvy CEO™ Award for Leadership in Competitive Intelligence.
In making the announcement, Leonard Fuld, president of Fuld & Co., said, "This
competitive intelligence award-the first of its kind-validates the critical role
that this business tool plays in the boardrooms of Corporate America today."
After a year-long selection process, spear-headed by Fuld, president of the leading
competitive intelligence research and consulting firm Fuld & Co., Galvin was
selected to receive the award based on his open support of competitive intelligence
practices within Motorola, his encouragement of the establishment of "intelligence
standards" such as staff training and ethical guidelines establishment, and his
ear-marking of monies for speeding the flow of critical competitive information.
Upon receiving the award, Galvin said, "Business intelligence gives us the ability
to be forewarned and to challenge our thinking about our market, our competition,
and upcoming events." Galvin attributes many of Motorola's successes to competitive
intelligence during his tenure, saying, "The reorganization of the (entire Motorola
communications) enterprise was partly aided by the intelligence effort, as is
our selecting new partners, such as Cisco…Tactically, we have many examples of
market successes…we learned that a number of rivals were interested in buying
a company whose technology we had a great deal of interest in. Knowing this,
we decided to buy this firm and the technology we felt was critical to our success
in this product category." According to Fuld, the interest in competitive intelligence,
especially within the ranks of the Fortune 500, is growing. He predicts, "Now
considered a hot trend in Corporate America, competitive intelligence is quickly
becoming a required component of savvy management, taking its place alongside
other key management initiatives. While every corporate executive typically states
a need to understand its competition, few act on such statements. Tomorrow's
successful corporations will maintain competitive advantage by taking action
based on relevant information that has been strategically analyzed."
An Intelligence Savvy CEO™ Award Advisory Board was formed in 1998 to conduct
a comprehensive and in-depth review of more than 30 potential candidates gleaned
from more than 3,000 award ballots and hundreds of interviews. In addition to
Leonard Fuld, the Board is comprised of other competitive intelligence "gurus" including
the Academy of Competitive Intelligence (ACI) founder and president Benjamin
Gilad, ACI co-founder Jan Herring, and Ava Harth Youngblood, former president
of the Society of Competitive Intelligence Professionals. Selection for the next
Intelligence Savvy CEO™ Award is now underway.
Based in Cambridge, Mass., Fuld & Company specializes in providing research and
analysis to the financial services, utility/energy, manufacturing, high technology,
telecommunications, healthcare and consumer product sectors. Leonard Fuld is
a worldwide recognized expert and author in the field of competitive intelligence.
Additional information and a copy of the Intelligence Savvy CEO Award presentation
can be found at http://www.fuld.com.
For more information contact:
Sarah Gerrol, (617) 523-4141
sarah@morrisseyco.com
Morrisey & Co.
121 Mount Vernon Street
Boston, MA 02108
|
