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12 Apr 2010
Howard Gardner is the John H. and Elisabeth A.Hobbs Professor of Cognition and Education at the Harvard Graduate School of Education. He also holds positions as Adjunct Professor of Psychology at Harvard University and Senior Director of
Harvard Project Zero. Among numerous honors, Gardner received a MacArthur Prize Fellowship in 1981. He has received honorary degrees from 26 colleges and universities. In 2005 and again in 2008, he was selected by Foreign Policy and Prospect magazines as one of the 100 most influential public intellectuals in the world. The author of 25 books translated into 28 languages, and several hundred articles, Gardner is best known in educational circles for his theory of multiple intelligences, a critique of the notion that there exists but a single human intelligence that can be adequately assessed by standard psychometric instruments.Gardner will be doing a multiple city tour of Australia in May 2011.
1. Howard, in the 1990s you investigated professional ethics, or what you and your colleagues termed ‘good work’. Can you explain what ‘good work’ means for companies today?
“Colleagues and I are still investigating good work. As we now define it, GoodWork is Excellent technically; personally Engaging and meaningful; and carried out in an Ethical manner. We speak of the three Es, and of an intertwined ENA. As psychologists, our work focuses on the individual, but clearly the good work analysis can be extended to corporations as well. Also, when it comes to the treatment of work, I would add a fourth E—that individuals are treated equitably, and that the income and privilege ratio is not skewed too much in favor of senior management.
“For more information see www.goodworktoolkit.org and www.goodworkproject.org”
2. You have worked with many noted and pre-eminent psychologists, neurologists and others, what do you think has made some of them more successful than others in building a public profile and becoming known as a thought leader in their market?
“Two different routes:
- The outstanding quality of work, I would cite my close colleague Mihaly Csikszentmihalyi, and his ground breaking work on ‘flow’ or neuroscientist Giacomo Rizzolati, who discovered ‘mirror neurons’
- The capacity to speak and write for a popular audience, and the willingness to go on television, travel, speak to general audiences, get a joke writer, hair stylist, etc. I’ll let you come up with examples. Let me simply say that some scholars who achieve popular acclaim, like paleontologists Stephen Jay Gould or astronomer Carl Sagan, were also great scholars.”
3. You have written numerous papers and books. Given your experience, what tips can you give aspiring thought leaders in other industries about what it takes to be recognised as a thought leader?
“Even if you begin as an indirect leader, writing for and addressing primarily scholarly audiences, it is crucial to pay attention to reactions. I have in mind both appropriate criticism of your scholarship AND suggestions about how better to present your materials. My presentations have changed as much, because of the reactions of popular audiences (including my own children) as they have been affected by scholarly colleagues who would never go on television or address a rotary club.
“I would add that there are certain things that I would not do, even if they were to give me more visibility. One of them is to appear on Fox television, which I do not consider to be a worthy outlet.”
4. In building your thought leadership position around multiple intelligences, what has been your key differentiating factor/s and has there been one stand out tactic that has helped you achieve this?
“While I never anticipated it, the use of the word ‘intelligence’; has been crucial. If I had spoken and written about seven or eight talents, gifts, faculties, my work would not have attracted comparable attention.
“Also, I have found it useful to employ a simple analogy: The standard solitary view of intelligence is like a single all purpose computer, which can work well or poorly; the multiple intelligence view posits a set of relatively independent computers—so, for example, one person might have a good music computer and a poor spatial computer or vice versa, while a second person might have a strong linguistic computer and a poor interpersonal computer, or vice versa,
“Over twenty-five years, I have been able both to deepen my own analysis of this work, and to present it in ways that are easy to understand while not being misleading. Every year I think that I improve both my understanding and my ability to communicate effectively—at least I hope so!”
5. What’s your view on sharing content and ideas and from your experience, how far should a thought leader go in sharing this information?
“I don’t really understand this question. I don’t see why anyone should withhold information, so long as they are confident that what they are saying has some validity.
“When it comes to trade secrets, I suppose that is a different kind of problem. Ideas and thoughts are free and should be treated as such.”
6. How would you define thought leadership?
“Thought leaders are individuals who develop ideas that have substance and validity and have some success in communicating these ideas to a relevant wider public. Some thought leaders do it primarily through their writings—see the Csikszentmihalyi and Rizzolati examples above—and others do it through a combination of writing, speaking, blogging, tweeting, etc.”
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6 Apr 2010
Dale Bryce, the head of capability marketing at Sinclair Knight Merz (SKM) contacted me about my post on content aggregation and I felt that his response was worth sharing here rather than losing in the comments section. SKM is a global engineering services firm that I have covered in a previous post as an excellent case study on thought leadership.
Their client first thought leadership stance has worked and continues to work for them and I think Dale is well placed to comment on this issue. He had this to say:
“Craig! I agree, content doesn’t a thought leader make.
“The right content might be king, but for the most part I think the key issue can be described by paraphrasing words from Bill Clinton’s first presidential election campaign: “It’s the client relationship stupid”.
“You rightly highlight value as being key to thought leadership. After 20 years in professional services marketing, I have come to know that value comes from insights that can actually solve client problems. But I have also learned that it is also not quite that simple, and I agree “Publishing alone will not help”.
Great content needs to be integrated into your client relationship strategy
“At Sinclair Knight Merz our own client survey data tells us that the bulk of client satisfaction is determined by relationship factors – understanding a client’s business, staying in touch between projects and bringing valuable ideas forward. Knowing this has actually reframed the purpose of our thought leadership content.
“Great content can serve to build brand awareness and relevance. But it can do more than that if properly integrated into a client relationship strategy. In professional services, projects and deals are becoming larger in scope and scale, and more urgent with increased accountability for delivery. In an increasingly complex world, clients have bigger, thornier problems that need to be resolved. Thought leadership clearly has a role to play in proactively bringing valuable ideas forward.
Thought leadership is a conversation
“To do this well you need a deep understanding of a client’s business. So, for me thought leadership is more than brand building and positioning, it is a client conversation starter. And the best conversations are two-way. Content can get you to the table, but the length of your stay at that table is more often a function of how much you listen, than what you yourself have to say.
“The key question then is not did your phone ring when you sent out that great piece of thought leadership (even though it might). The question becomes, did you pick up the phone and make that call yourself after you sent out that great piece of thought leadership? Did you really want to start a two-way dialogue with your client?”
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31 Mar 2010
David Meerman Scott is one of the pre-eminent thought leaders on PR and marketing. For those who are in the marketing or PR industry I can highly recommend his book “The New Rules of PR and Marketing”. I asked him six questions about his views on thought leadership and its role in building a brand. See what he had to say and the thought leadership case studies he nominates at the end: 1. David, when you were working for NewsEdge you ignored the advice of your PR and ad agency, in effect you ‘broke the old rules’ by publishing lots of free content online that resulted in hundreds of sales. Could you explain the link between thought leadership and sales?
“The Web gives everyone—B2B companies, consumer brands, consultants, nonprofits, and even rock bands, churches, and colleges—a tremendous opportunity to reach people and engage them in new and different ways.
“When you build content especially for your audience, you build a relationship with people before you’ve even met them. When it’s obvious that you understand your buyers and their problems, it jars your visitors into paying attention.
“You transform your marketing from mere product-specific, ego-centric gobbledygook that only you understand and care about into valuable information people are eager to consume and that they use to make the choice to do business with your organization. Instead of creating jargon-filled, hype-based advertising, you can create the kind of online content that your buyers naturally gravitate to—if you take the time to listen to them discuss the problems that you can help them solve. Then you’ll be able to use their words, not your own. You’ll speak in the language of your buyer, not the language of your founder, CEO, product manager, or PR agency staffer. You’ll help your marketing get real.”
2. You have written 5 books which have clearly driven a large part
of positioning yourself as a thought leader in your field but what advice would you give to companies striving to become thought leaders where books may not necessarily be appropriate?
“Now we can earn attention by creating something interesting and valuable (call it thought leadership if you like) and then publishing it online for free: a YouTube video, a blog, a research report, photos, a Twitter stream, an e-book, a Facebook page. There are hundreds of different outlets for valuable information.”
3. Does content alone make a thought leader?
“The problem is that most organizations create content about their stupid products. What people need to realize is that nobody cares about your products (except you). What people do care about are themselves and ways to solve their problems.
“People also like to be entertained and to share in something remarkable. In order to have people talk about you and your ideas, you must resist the urge to hype your products and services. And you must resist the urge to “control the message.” Create something interesting that will be talked about online.”
4. Do you have any advice for companies who don’t share content and
hold their knowledge and insights close their chests?
“It all comes down to the goals. For decades, marketers have had a goal of collecting names (via registration forms) so they can then sell and market to those people. You are measured on the number of forms submitted.
“But I think for many people a better goal is to spread your ideas. How many people can your reach? A million? Ten million? You can measure how many people have downloaded your stuff. How many bloggers are talking about you.
“When you lose control of your marketing by opening up and not requiring a registration, as many as fifty times the number of people will download it compared to the form requirement.
“This is a difficult one for people to make the leap to do, but believe me, it works.”
5. In a world where content is readily available and easily
accessible at the click of a mouse what will be the key things that differentiate companies/ products/ brands in the eyes of their target audiences over the next decade?
“My most important aspect of creating information is to throw away your own ego and instead create content, what I call “buyer personas.”
“I think “buyer personas” are the king of marketing and a focus on buyer personas allows you to create the content. A buyer persona represents a distinct group of potential customers, an archetypal person whom you want your marketing to reach. Targeting your work to buyer personas prevents you from sitting on your butt in your comfortable office just making stuff up about you products, which is the cause of most ineffective marketing.
“Incidentally, my use of the word “buyer” applies to any organization’s target customers. A politician’s buyer personas include voters, supporters, and contributors; universities’ buyer personas include prospective students and their parents; a tennis club’s buyer personas are potential members; and nonprofits’ buyer personas include corporate and individual donors. Go ahead and substitute, however, you refer to your potential customers in the phrase “buyer persona,” but do keep your focus on this concept. It is critical for success online.”
6. What companies or campaigns stand out for you as thought
leadership best practice?
How Lisa Genova used social media to turn a self-published book into a NY Times bestseller http://www.webinknow.com/2009/01/how-lisa-genova-used-social-media-to-turn-a-self-published-book-into-a-ny-times-bestseller.html
Fun with Sharpies
http://www.webinknow.com/2009/01/fun-with-sharpies.html
Film producer builds pre-release buzz by making soundtrack available for free download http://www.webinknow.com/2009/01/film-producer-builds-pre-release-buzz-by-making-soundtrack-available-for-free-download.html
CENTURY 21 moves TV ad spend to online: Bev Thorne, CMO, tell us why http://www.webinknow.com/2009/01/century-21-moves-tv-ad-spend-to-online-bev-thorne-cmo-tell-us-why.html
How an active Facebook group drove 15,000 people to the Singapore Tattoo Show http://www.webinknow.com/2009/01/how-an-active-facebook-group-drove-15000-people-to-the-singapore-tattoo-show.html
Persona focused Web site leads to 4x conversions for RightNow Technologies http://www.webinknow.com/2008/12/persona-focused-web-site-leads-to-4x-conversions-for-rightnow-technologies.html
New marketing at work: BitDefender and the hip new Malware City site reach internet security geeks http://www.webinknow.com/2008/11/new-marketing-at-work-bitdefender-and-the-hip-new-malware-city-site-reach-internet-security-geeks.html
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29 Mar 2010
I love what Chad and Linda Nelson from The Basis Group have to say about sales and thought leadership in their paper “Thought Leadership is the New Sales Pitch.” These guys absolutely get it. It is a must read for anyone in sales and marketing.In my all my research and writings on the topic I have come across only a handful of people who can articulate so succinctly the impact thought leadership has on selling a brand, product or service . Dana vandenHeuvel and David Meerman Scott are two others who spring to mind.
Consumers actively seek experts
Chad and Linda point out that consumers no longer passively accept marketing information. Instead, they actively seek experts who have answers or insights into their world and who through these insights help them manage better this world and the issues and challenges they face. Consumers today crave relationships and resources in the form of knowledge and insights and herein lies the opportunity for selling differently.
While traditional marketing is still the bread and butter of many sales efforts, as the Nelsons point out: “When you begin your marketing efforts by establishing trust and demonstrating thought leadership, you create a new more effective entry point for your brand message.”
Stop pushing products and services
Very true. But before this happens, companies need to unlearn current habits of pushing products and services down their customers’ throats. Instead they should start demonstrating their insights, knowledge and expertise in their sector and in particular the issues and challenges facing their consumers.
Underpinning this approach is thought leadership. There are many positive outcomes of thought leadership, I have a table illustrating these in an earlier blog post, but the ultimate outcome should always be that your customers seek you out because they trust you based on the knowledge and insights you have shared so openly with them.
Thought leadership builds trust which underpins sales
While thought leadership may not result in a quick sell, what it will do is truly cement your brand with your publics in a way that has a far deeper stickability factor. But this is what most marketers and salespeople have difficulty getting their heads around - thought leadership does not primarily drive sales. Rather it builds trust, takes your conversations with customers to another level so that when the time comes to present your offering they are so vested in your brand that the sale is as good as done.
As the Nelsons point out: ”you need to be out in your marketplace talking to people, learning what they know, discussing ideas, taking the pulse of the industry to see where it’s going, responding to concerns and expanding your understanding of what is needed. This is the best kind of leadership because it demonstrates your intimacy with your audience and your industry.”
While there is nothing new in this and the best sales people will tell you that the best selling is all about listening, the difference is how you interpret, articulate and then package and share your insights and information.
Thought leaders have an abundance mentality. They share openly and freely and understand that it is not first and foremost about the sale but rather it is first and foremost about being available and being generous with your knowledge.
Only this way will take your place at the head of your industry’s table. The sales will naturally follow.
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24 Mar 2010
There are divergent views about whether product, sales or market leadership equal thought leadership.
I don’t think they do. That said, there is no doubt that you are at a massive advantage if you own any of these spaces in your market. If you do it sets you up perfectly to take a thought leadership position to market.
In a paper by the Content Factor entitled ‘Is Anybody Following your Thought Leadership?’, Richard Currier is quoted describing the three stages of corporate leadership as:
1. Product leadership
2. Sales leadership
3. Marketing leadership
But I have bad news, none of these on their own or even combined equate to thought leadership.
Why? Because being a thought leader means sharing your ideas, your IP, your insights with the market so that you become the go to company in that market. It is one thing to lead in terms of product, pricing, service and delivery but quite another to lead the market in terms of ideas, thoughts and insights. In fact to many companies sharing this sort of information is an anathema to them.
I agree with Currier that market leadership is the only long lasting advantage. Thought leadership should be viewed as a way to turbo-charge this advantage thus further embedding the company at the top of its sector and owning an even stronger share mind among its publics.
Implemented well, good thought leadership can add enormous value to helping build a brand. It cements trust and loyalty in your brand by adding something of value to your clients or broader publics that goes well beyond selling them a product or service. It shows them that you have a deep understanding of the issues or challenges facing their business and their everyday lives and that you have the people and the expertise to deliver not only the insights but the solutions to address these.

Seth Godin talks about 'shipping' your ideas. That's what thought leaders do.
In his new book Linchpin, Seth Godin talks about ‘shipping’. By this he means sharing your ideas, getting them out of the door and in the process not being afraid of failure. He maintains that if you do enough of it that over time your ideas will sharpen and you will eventually become indispensible to your market or your employer.
There is a very strong parallel between what Godin says and thought leadership and also a very nice play on the words if you look carefully. Thought leaders ‘ship’ – they ‘ship’ their ideas for all to see and in the process they become indispensible to their publics.
Building pre-eminence in your niche and being viewed as indispensible is the ultimate accolade for a thought leader. It should also be the ultimate thought leadership objective for your brand and its position in the market.
What do you think?
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18 Mar 2010
There is a lot of a commentary flying around the web at the moment about content, optimising that content for search engines , content curation (filtering and aggregating relevant content) and how best to deliver content to your publics.
But…and this is a big but – content alone does not make you a thought leader. It may help a company’s publics, it may make their lives easier, it may drive traffic to a site and it may position that brand as a trusted source of particular information. But does it make that company a thought leader?
No it does not.
Let’s have a quick look at my definition of thought leadership: Thought Leadership is establishing a relationship with and delivering something of value to your stakeholders and customers that aligns with your brand/company value. In the process you go well beyond merely selling a product or service and establish your brand /company as the expert in that field and differentiate yourself from your competitors
Key to thought leadership is innovative content
The key to being a thought leader is offering something of value, insights that position you as the expert in that field. By that I mean stuff which frames the debate and conversations on a particular issue or issues. Content that challenges the paradigms and the thinking of your own staff as well as your publics if not an entire industry sector, and content that delivers deep insights around a particular issue or sector.
Content that doesn’t do this cannot and should not be labelled as thought leadership. It is merely information.
This is not to say that it’s not useful but it doesn’t make you a thought leader.
Content curation
HiveFire has produced a thought provoking e book on content curation. You can download it here : http://info.hivefire.com/eBook.html and I suggest you do. It is a good read and raises some very interesting questions about how you manage your content.
But as they say, competitors are drowning in a sea of information overload and they are challenged to decipher what information is relevant and which sources are trustworthy. My view is that it is particularly because of this that to be a thought leader, the content you deliver needs to differentiate you from the crowd, must be different and challenge insights and should position you as the pre-eminent company/commentator in that space.
The spin-offs of doing this right are huge as many marketers, particularly in the professional services arena will attest. True thought leadership is one of the most valuable marketing assets in which a company can invest. It inspires trust in your brand and in process imbues in your company and your people a perception by the marketplace that you are the ‘go to’ authorities and knowledge experts on that topic - a perception that no amount of advertising can buy. OK maybe a bucket load could buy it but it would cost a bomb .
Publishing alone will not help
Publishing on its own is not going to help. It’s what you publish and how you take it to market that makes the difference.
Before you become an aggregator or curator of content ask yourself the following questions: What is our thought leadership position? What do we stand for in the market place? What is our differentiator in terms of leading the market?
Only once you have established a position in this regard are seen as the go to place for insights in your area of specialty is it useful to become a content curator and specifically for content that relates to and helps inform that position.
Until then I’m afraid, you will just be a follower.
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11 Mar 2010
I was reading an article penned by veteran marketing strategist, Rob Leavitt. Rob is the Principal at Solutions Insights and he specializes in issues- and content-based marketing. Rob helps companies distinguish themselves in the marketplace and advises them on how to have strategic conversations with their clients, prospects, and market influencers.
Rob gets thought leadership and I thought the six lessons he has for thought leaders at any level were well worth sharing. Here they are:
Six thought leadership lessons
Stepping back from the specifics of these two initiatives, I see six general lessons for thought leadership marketers at any level:
- Put Customers First. It sounds obvious to say that thought leadership marketing should focus on what your customers really care about, but far too many marketers take a product- or solution-first approach and try to fit some larger issue neatly around their offering. Buyers don’t care about your offerings by themselves; they have their own problems to worry about. Engage them where they live. IBM is trying to build relationships with CEOs, so they research and talk about what other CEOs are doing. Deloitte works especially closely with Boards of Directors, CFOs, and other C-level executives; it’s hard to think of a C-suite issue more pressing these days than risk management. What do your customers and prospects really worry about?
- Do the Research. Thought leadership without real research is just opinion, and opinions are a dime a dozen. Show buyers serious research, though, and they’re much more likely to pay attention. You might not be able to interview 1,130 CEOs around the world, but you can survey and interview your customers and prospects, produce serious case studies (not puff piece “success stories”), and comb the literature and online conversation to produce new insights.
- Say Something New. Thought leadership without a differentiated point of view is just an echo of conventional wisdom. Why should customers listen to your version then they’ve already heard it before — or if you’re only telling them something they already know. Smart customers want to be challenged. If you’re not sparking at least some disagreement and debate, you probably haven’t said anything new. None of IBM’s five attributes are themselves shockingly new but the synthesis suggests and aggressive and innovative approach that goes well beyond conventional thinking. Deloitte’s focus on the upside as well as the downside of risk clearly stands apart from the post-Wall Street collapse mentality of compliance first, last, and always.
- Build a Pervasive Presence. Long gone are the days when thought leadership marketing meant publishing a white paper, research report, or journal article and then moving on to the next project. Media fragmentation, information overload, and the power of social media make it critical that thought leadership marketers put substantial energy into getting the word out across a broad range of media and activities. IBM’s 360 degree campaign for the CEO study included traditional activities (email, Web, direct mail, advertising, press and analyst briefings, sales enablement, video, etc.) as well as a number of newer approaches (blogs, podcasts, online innovation jams, and branded content). IBM also produced 15 “flavors” of the main report for different industries and C-suite positions. Deloitte has similarly tapped a wide variety of media and activities to engage clients, prospects, and market influencers. For thought leadership marketing today, think multi-media, social media, and complementary online and offline engagement to build a strong presence wherever your stakeholders already spend their time.
- Stick with It. IBM’s CEO study is a two year project, and the 2008 version is IBM’s third such study. To maximize marketing impact, IBM organizes a “teaser phase” (outreach to build awareness before the formal launch), a “reveal phase” (a multi-faceted public launch to build buzz internally and externally), and a “sustain phase” (ongoing engagement to dig more deeply into the issues with customers and others). Deloitte launched the Risk Intelligent Enterprise effort in 2006 and has continued to explore the issues, refine the point of view, publish, and engage. The point is to pick a core issue for your customers and stick with it. Thought leadership takes time. It’s better to pick one or two issues and work them hard for several years than to flit from one issue to the next in a more superficial way.
- Confirm the metrics. Far from an airy initiative, thought leadership marketing can and should focus on core metrics essential to business development and growth. Objectives for the IBM initiative revolved around relationship building with CEOs, corporate visibility and interest, ongoing engagement with key contacts, and sales leads. Deloitte takes a similar approach, focusing on competitive differentiation, influencer relations, client connections, and business development support. Setting and gaining organizational agreement on clear marketing and business development objectives provides the grounding and accountability that marketers need to justify the necessary investments.
Serious thought leadership marketing is not easy, but taking these six lessons to heart will go a long way toward success. At least that’s my opinion! What do you think?
I think Rob is right on the money and would be interested to see whether anyone else has any more ‘lessons’ to add to his list of six?
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25 Feb 2010
I have stated in my book and on this blog that I think Dove’s Campaign for Real Beauty is one of the quintessential examples of thought leadership. But recently I have had two interesting comments on this blog asking how Unilever (owner of the Dove brand) can purport to be a thought leader in one brand if there is a clear clash of values between the Dove campaign and another Unilever product campaign, Axe deodorant.
The Campaign for Real Beauty is all about finding a broader, healthier more democratic view of beauty while on the Axe campaign stereotypes women - it shows a man putting on the deodorant and then having to flee and fight off thousands of beautiful, scantily clad women.
I have to say that at face value the two campaigns are at the opposite end of the beauty value spectrum.
The first person to raise this issue on my blog was Kym Kettler. Kym had this to say: “One of the challenges that Unilever faces in Europe about the authenticity of its Real Beauty campaign is its Axe Deodorant campaign. Can a thought leader be a thought leader when it projects conflicting personas to different audiences? Doesn’t this undermine the credibility and trust needed for true thought leadership?”
Another reader, Sughanda replied: “Kym is right. Unilever tells women “You are beautiful even if you are fat” on the one hand, and tells men “Use our products if you want to be surrounded by really beautiful, skinny, sexy babes. Hypocritical, isn’t it?”
I think they both have a point but I would be interested in your views.
My view is that a true thought leadership position should be closely aligned with the values of company and if a brand’s values are at odds with the company’s values there is a value gap.
So what you might say. Shouldn’t brands stand and live on their own?
This was certainly true over the past few decades but times have changed and more importantly consumers have changed. Consumers these days are demanding more from their brands when it comes to things like corporate social responsibility, the environment and a brand’s contribution to society.
Given this change, I think Unilever may well have a problem.
If a multinational’s brands are going to be at odds with the values espoused by the overarching brand then it only makes sense that they will need to review their brand positioning and align it more closely with the mothership.
Is Axe at odds with the mothership? I don’t know, you tell me.
Is the Axe campaign at odds with the thought leadership stance of the Dove Campaign for Real Beauty. I think it is.
The question is what do you think?
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19 Feb 2010
Bernard Salt is Australia’s pre-eminent thought leader on consumer and demographic trends and represents KPMG at conferences around the globe to share his insights.Here he shares his views on what it takes to become a thought leader and some valuable tips on how to get there. Even though I have researched thought leadership for years and have written a book on it, Brand Stand: seven steps to thought leadership, I found some of Bernard’s insights very illuminating and I hope you do too.
1. Bernard, you have successfully positioned yourself as a thought leader on Australian consumer culture and demographic trends. Given your experience, what tips can you give aspiring thought leaders in other industries?
“You must believe in yourself when others don’t, when there is no reward, no recognition, when no-one wants to interview you or pay for your views. And you must do it with good humour year after year. And then, one day, you break through and all the dissenters and critics and naysayers just melt away. It’s a test of endurance, of personal belief and of courage. Some might say it’s also a test of foolishness. There are no guarantees. You might just be deluded into thinking that your views are worthy of a national audience.”
2. Please describe some of the personal and KPMG brand benefits you have accrued as a result of becoming a thought leader in your field?
“I am in spaces and meetings that KPMG would not normally get into. I can cut through into relationships where an auditor or tax expert cannot. I offer a left field bridge to critical relationships. And because I am in these meetings with business and political leaders at the highest level i am able to offer advice as to who to talk to about different issues. I’m act like a traffic cop.”
3. In building your thought leadership position, what has been your key differentiating factor/s and has there been one stand out tactic that has helped you achieve this?
“No point being a thought leader unless you can pitch your ideas. That means you need the skill of presenting. Not just a good presenter but an outstanding communicator. During the 1990s i wrote reports (like thousands of other consultants) but this is not what business wants. What business wants is a compelling case pitched verbally with passion and with direction. Hone your speaking and presentation skills. And then hone again. Watch good speakers and presenters. Watch stand up comedians, they are brilliant at controlling an audience. Get to the point, speak passionately, use words well (you must be articulate), and connect with your audience. And when you think you are good enough in that skill area go out and learn some more because you are never good enough at speaking, pitching and presenting. And don’t be precious about pitching saying oh but I haven’t prepared or I haven’t got my notes. If you are so damned good you can pitch your ideas with 10 seconds notice. “
4. Someone once said it takes 15 years to achieve overnight success – what has the journey been like from being one of a host of commentators battling to gain share of voice to someone who is sought after for his views in your space?
“From my first public quote (1989) to entree to the speaking circuit (2001) is 12 years. I started my column in 2003. There is no start point. I have been gearing to what I do now for 35 years, I just didn’t know that’s where I was headed at 15. And yet looking back it’s always where I was headed. I get lots of people saying they want to do what I do. And it’s admirable that they have the sense to ask straight up how to get there and how to do it. Saves a lot of stuffing about. But I can tell from a 2 minute phone call they haven’t got it. Other people, I think they could do it if they wanted to but many don’t want it. You have to want it. You have to take hits. You have to be the last person standing when all other pretenders have melted away. “
5. You deliver a lot of interesting and informative content on your site http://www.bernardsalt.com.au/ and you have written numerous books covering a range of topics. What are the benefits of providing so much content and what’s your advice, in particular to companies who seem to think that giving away too much content will reveal too much to the competition?
“This is a good question. There are a lot of people who I am aware copy my material, style and approach (without attribution–there is no protection against intellectual theft). But the way i figure it is that it’s my job to remain intellectually creative to such a degree that pretenders are continually left with the option but to copy. The only people who are paranoid about giving away material are people who do not have faith that they are creatively superior to those who would copy them. Copy away. I’ll just think up other stuff. It keeps me sharp.”
6. What, do you believe, are some of the barriers that hold corporations back from becoming thought leaders and what would your advice be to them to overcome these?
“Corporations need to be patient with thought leaders. And commercial organisations are notoriously impatient. I was able to deliver commercial value as well as evolve into thought leadership. Not an easy balance. Partly the reason is that thought leaders get to a point where they believe they can act more freely and successfully without the organisation. I always thought I could go further with a global commercial partner than without. And I was right. I speak across the globe today courtesy of KPMG International. I couldn’t have done that by myself. “
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17 Feb 2010
When I speak to people about thought leadership for the first time, one of the first questions they ask is: “What can it deliver to my business?”
It’s a great question and one that has had me thinking for a while. The more I think about it the more complex and multi-faceted I realise the answer is which is why I have developed a listof 70 thought leadership outcomes/benefits in a table.
But to all those thought leaders and writers on thought leadership out there, I need your help please. While I may already have 70 benefits, I’m sure there are many more. I would really welcome any further inputs either via e mail to cbadings@cannings.net.au or in the comments section at the end of this blog:
Thought Leadership outcomes/benefits table www.thoughtleadershipstrategy.net/
External
Clients/’customers and other targeted stakeholders:
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· Illustrates your deep expertise and knowledge
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· Enables you to deliver insights to your clients’ businesses which in turn can help drive their growth
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· Positions you as a trusted advisor
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· Results in increased credibility
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· Increases your relevance
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· Aligns your interests with your clients’ issues and interests
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· You become one of their most valuable suppliers
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· Deliver useable, quality content across the organisation
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· Creates the perception that you are interesting and innovative
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· Drives goodwill
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· Differentiates you from your competitors
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· Positions you as an influencer in their lives
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· Underpins and supports your sales process with your clients
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· Creates less resistance to price
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· Helps vindicate their purchasing decision
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· Clients perceive that you care and as a result they feel important
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· Positions you as being proactive in your sector
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· Positions you as innovative
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· Builds closer relationships across all spectrums of client contact resulting in better engagement
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· Provides a great platform for discussion above and beyond your products or services
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· Increases positive word of mouth
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· Results in brand evangelists from within your customer ranks
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· Positions you as an employer of choice in the market
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· Increases brand loyalty
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Internal
Staff
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· Positions your people as the experts and ‘go to’ people in their field
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· Delivers a sense that this is a forward thinking, innovative place to work
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· Creates pride in the brand
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· Promotes relevant, topical discussions without the need for ‘hard sell’
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· Creates ambassadors from within for your brand
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· Is a powerful motivator, mobilising management and staff alike
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· Enables staff to see where the market is going, what the issues are and positions them at the forefront
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· Delivers organisational confidence
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· Focuses staff on the big picture and what matters to clients/ customers
The brand
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· Moves your brand from product and sales leadership to market leadership
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· Delivers long-term, sustainable advantage over competitors because it has a longer life-span than product or sales leadership
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· Puts the business out front in terms of sector leadership
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· Delivers a broader client value spectrum to the brand
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· Increases relevance to clients/customers and therefore increases the value of the brand
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· Positions the people who represent the brand as trusted advisors
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· Gives the brand’s added authenticity
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· Positions the brand and thus the business and its people ahead of the curve
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· Displays a focus by the brand on the big picture
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· Creates a commitment to a grander goal than sales generation
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· Recognition by the media that the brand is the leader in its field
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· Creates openings or invites for brand representatives to speak at conferences and seminars
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· Delivers great content for marketing collateral, your website, press releases, presentations, etc
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· Results in higher search engine rankings
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· The brand and its people are viewed as authorities in their field
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· Increases your brand’s share of mind with your target audiences
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· Acts as a good reputation shield in a crisis or when an issue flares
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· Builds goodwill
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· Further solidifies your ‘social license’ to operate
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· Adds long-term sustainability to your brand’s marketing campaigns whether it be advertising, PR, social media, etc
Sales
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· Helps you develop a greater understanding of your clients likes, needs, fears and wants
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· Positions the business top of mind with prospects
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· Differentiates your products and services from the competition
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· Shortens the sales cycle because buyers have invested psychologically into your service/product before they buy
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· Underpins and supports your sales process with your clients
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· Creates less resistance to price
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· Vindicates their purchasing decision
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· Delivers a conversation platform for the sales team to use beyond the product or service you offer
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· Helps initiate conversations with existing and potential clients/customers
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· Underpins increased sales conversion
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· Differentiates you from the competition
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· Mobilises your clients to think and act
Innovation
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· Promotes innovation internally because of the insights thought leadership delivers
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· Empowers people to think, examine the changes and how to stay ahead of the curve
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· Imbues a culture of questioning and looking ahead at how best to address the clients’ needs
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· Creates an outward looking culture – focusing on client issues and trends rather than your own
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· Promotes and rewards breakthrough thinking
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