Sahel Analyst: ISSN 1117- 4668 Page 15 COMPETITIVE INTELLIGENCE AND ORGANISATIONAL CULTURE OF NIGERIAN BANKS: A REVIEW Orishede, Felix 1 Abstract Competitive intelligence and organisational culture of Nigerian of banks in Nigeria have been studied and a clear link between them has been established by certain studies. The main aim of this research is to review competitive intelligence and organisational culture in a turbulent business environment. Other specific objectives are; to examine if there is need to understand competitors as well as customers through competitor analysis for long-term survival of the firm, to examine if organisational culture, norms and value enhances organisational survival, and to examine if there is need for balancing customer and competitor orientations in becoming a truly market-cantered organisation. Extant literature review methodology was adopted for the study. The paper shows that there is need to understand competitors as well as customers through competitor analysis for long-term survival of the firm, organisational culture, norms and value enhance organisational survival and there is need for balancing customer and competitor orientations in becoming truly a market-centred organisation. The paper recommends that Organisations should ensure that they constantly monitor the movements of their competitors in the industry, so that they can always counter act in order to maintain the leadership position in the market. Keywords: Business environment, Competitive intelligence, Nigerian banks, Organisational culture, Performance. Introduction Fundamental age and accelerated changes characterised by globalisation, turbulence and complexity has forced many companies to face increasing number of competitors entering new markets. Boundaries that once separated competitors are evaporating and the companies do not hesitate to cross industrial or geographic borders (Hoffman, 1999). Groom and David (2001) asserted that many firms are finding the only way to grow is by taking market share from the competition. Pressures from competitors, changing customer needs, and the macro economy continuously confront businesses, requiring them to constantly change and evaluate specific strategic goals. Competitive intelligence is a substantial sub-area of knowledge management, which leads companies to successfully acquire relevant information and transform them into strategic knowledge. Information as a whole is perceived as the purest 1 Department of Business Management & Marketing, Faculty of Management Sciences, Delta State University, Asaba Campus, Nigeria. orishedefelix@gmail.com 08033454611