Archives (page 22 of 43)

15 April 2011 / 1 Comment

My book, The Business of Influence, is out today

Today's the day!

It's ready for delivery in the UK today, and pre-order in other parts of the world. For those of you tweeting about availability in the US, currently listed as mid-June by some bookstores, Wiley tells me it should actually be with you mid-May. Thank you for your interest and patience.

What's it about?

The Business of Influence is a rethink.

It's about improving the capabilities of organisations to design and attend to the way in which all aspects of its operations influence stakeholders, about making sure stakeholders influence it, systematically, and about how well competitors are attempting the same. It focuses on influence as the common denominator of marketing and public relations and related activities such as customer service, sales, product development and HR, and therefore the basis for redesigning these and interconnecting them.

The book introduces the Influence Scorecard, named in homage to the dominant framework for business performance management, the Balanced Scorecard. The Influence Scorecard then is a subset or view of the Balanced Scorecard containing all the influence-related key performance indicators (KPIs) stripped of functional silo, and it may extend beyond the Balanced Scorecard should a greater operational granularity of metrics be demanded by the influence strategy.

The Influence Scorecard is a new framework for the 21st-century designed to help organisations focus on what matters rather than continue to carry the baggage and inefficiencies that come part and parcel of the typical 20th-century marketing and PR structure and approach. It's a reframing in the context of 21st-century media and disintermediation, 21st-century technology, and 21st-century articulation of and appreciation for business strategy. Read more

14 April 2011 / 0 Comments

Taptu for iPad – with gorgeous illustration

With a spike in visitors to my blog exceeding 1000% of normal activity, the most popular post of all time on this blog is Content – an illustrated history. That obviously excludes the much greater exposure the illustration by Nic Hinton (@karoshikula) and me will have garnered when Mashable and Wired ran with it, and I've since heard that the illustration is being used to teach university students and school kids, and for the purposes of social media training in organisations.

I mentioned in the updates to that post inserted during the ensuing days that Taptu CEO Mitch Lazar had become smitten with the illustration style and had expressed an interest in applying the style at Taptu in future. Well now they've done just that.

Today, the next generation of the popular and free social news reader comes out for iPhone and iPad (it's already rocking and rolling on Android). Taptu calls it the social news DJ – allowing you to mix your favourite news streams. I've posted some of the illustrations used in the app here, but there's nothing quite like checking the app out for yourself and seeing all of them in all their glory... particularly on the larger screen of the iPad. I've also posted a video of the new iPad version in action.

I consider an app like Taptu to be an indispensable tool in the PR professional's armoury. Do you have a favourite social news reader?

12 April 2011 / 1 Comment

Social analytics on CIPR TV – with Connie Bensen, Emily Dent and Marcel LeBrun

Regular readers know that social analytics is a subject close to my heart. And would you believe it, my ebook on the matter, The Social Web Analytics eBook 2008, still gets downloaded a thousand times a month. I also made sure to include a section on social analytics in my book of course (out this month in the UK and shortly in the US), listing twelve primary characteristics of the services to assist in your organisation's tool selection and procurement.

Well yesterday's CIPR TV was on the topic of social analytics, and Russell and I were delighted to have Alterian's Connie Bensen and NMIncite's Emily Dent join us on the sofa. We also managed to interleave a three minute interview I grabbed with Radian6 CEO Marcel LeBrun at last week's Radian6 Social2011 conference.

Check it out:

7 April 2011 / 3 Comments

Radian6 and the Insights Platform – getting semantic

I'm in Boston this week for the Radian6 Social 2011 Conference. (Disclosure: Radian6 is paying my expenses to be here.) So far I've enjoyed talking with Radian6 CMO David Alston, OpenAmplify CEO Mark Redgrave, Edelman's David Armano, Dell's Head of Interactive Marketing Adam Brown, Klout Head of Platform Matthew Thomson, Marshall Sponder and Nathan Gilliatt.

Radian6 CEO Marcel LeBrun has kicked off the event this morning by launching the new Insights Platform, and I appreciate why Marcel is so enthusiastic about it.

Here's how Radian6 describes it:

Insights are answers. Insights give meaning to unstructured volumes of content based your needs and integrated into our current dashboard offering. Current partners include Klout, OpenAmplify and OpenCalais. The insights that each of these partners offer (like age range, location, influencer score, textual analysis) are added as drill down options on the Dashboard widgets, so you are able to take your Radian6 topic profile mentions and overlay the insight partner data all in one place. No exporting River of News and doing comparative analysis in Excel to these providers data from your separate account, now it’s all been brought together for you.

How does it work? Well Radian6 has leaned heavily on the three partners, with both OpenAmplify and OpenCalais having deep expertise in semantic technologies. This is the tech that helps interpret, understand and process the meaning of content. Serious stuff. Read more

5 April 2011 / 3 Comments

The CIPR Conversation – a 1st

The CIPR has just announced that it will be launching The Conversation this coming Monday, during its social media conference. The Conversation provides the facility to aggregate the best PR related blogs from members and non-members, in the UK and further afield. And it goes live under a full head of steam because The Conversation is the new face of MarCom Professional, the network I've been running for the past four years. Here's what the CIPR has to say:

The Chartered Institute of Public Relations (CIPR) is launching ‘The Conversation’ at its social media conference, 11 April. The Conversation is your one-stop shop for great blog posts by practitioners, consultancies, academia and students, from the UK and further afield. Syndicating your personal or company blog couldn't be easier, allowing the wider PR community to find your content, find your personal, business and consultancy profiles, and respond to your news and points of view. Everyone is welcome to register themselves and their organisation.

In the spirit of The Conversation, the CIPR has invited some of the UK's keenest PR bloggers to break this news.

There will be no need to ‘make friends’ all over again on The Conversation. Simply give your existing social networks permission to allow us to take a look at your network, your social graph as some call it, and we'll make sure those relationships are established immediately on The Conversation (ie you won't need to share your passwords with us). Hey presto, instant social glue.

The Conversation promises to be an exciting addition to the CIPR's website, at least it will be with your input. It won't match Facebook for functionality or LinkedIn for seeing who's connected to whom, but it will be the first such attempt by a professional body to our knowledge. We hope you'll jump in, and work with us as we iron out the inevitable glitch or two.

Following the successes of the CIPR social media panel – CIPR TV, 'Social Summer' events in 2010 and 2011, social media measurement guidance and input to ASA regulation – it's apt that The Conversation will be launched at the CIPR social media conference. We hope to see you there.

Nice blog post from MarCom Professional Friday Roundup author Andrew Bruce Smith too.

1 April 2011 / 1 Comment

Groupon is bad for business – no April fool

According to BusinessWeek, Groupon could be the fastest growing business of all time – going from zero to rejecting a rumoured six billion dollar offer from Google two years later on the basis it seriously undervalued the company. It's now eyeing up a twenty five billion dollar IPO. Not bad for a discount voucher business.

My sister-in-law recently bought a £300 spa package for £100 via Groupon. Haircut, massage, manicure and pedicure. She's delighted.

"Would you go back to the spa?" I ask. "Definitely" she replies. And then came the qualifier, unprompted: "When they run another Groupon deal."

In other words, the spa in question secured a transaction and eliminated themselves from building a mutually-valued relationship. My sister-in-law will now find it impossible to value the service in her mind at £300, or indeed much more than £100. And with Groupon taking 40-50% commission, it will have been a loss-making transaction at that (following standard accounting principles). Read more

29 March 2011 / 0 Comments

CIPR social media measurement guidance

The AVE (advertising value equivalence) approach to PR measurement and evaluation was simple. And utterly wrong.

It’s a specious sum based on false assumptions using an unfounded multiplier and only addressing a fraction of the PR domain – a greater waste of time and effort you couldn’t hope to find.

Measurement and evaluation is essential, but requires real strategic understanding, diligence and perseverance. For me, it represents yet another distinction between the 21st Century PR professional and the 20th Century practitioner.

The CIPR launches its guidance on social media measurement today. As chair of the CIPR's social media measurement group, I'm particularly keen to learn what you think. I'm afraid it is no silver bullet, and that's simply because there will never be a silver bullet.

Here are the links:

To the social media measurement guidance page on the CIPR's website.

To the guidance PDF directly.

18 March 2011 / 2 Comments

Money

Let's talk about money.

Michael Porter describes strategy as defining and attending to those activities at which an organisation must excel in order to create a sustainable difference in the marketplace, and thereby create sustained value for its shareholders (or sustainable value in the case of non-profits).

Once you've articulated why your organisation exists (the mission), and what you want it to be (the vision), the strategy describes the what, who, how, when and where needed to pursue the vision, and specifically how these differ from the competition. How these help beat your competition.

However, as hard as strategy formulation is, the really hard part is putting it into action. The Balanced Scorecard Institute finds that 70% of organisations with a strategy simply fail to execute it. And this becomes the more obvious the further away from the sale / the product / the service you get; the more you get into the intangible assets pivotal to your success.

Marketing and PR are intangible assets. They are intangible investments. We all know that the right mix of the panoply of marketing and PR activities is essential to organisational success – to the successful definition of organisational strategy and its execution – but too often we're not quite sure how so. This is most apparent when, particularly in harder times, marketing and PR are considered cost centres first and foremost, and cost centres that can be cut. Read more

17 March 2011 / 8 Comments

What’s the ROI of social media?

I was delighted to have the opportunity to present my take on the ROI of social media to approximately 80 people yesterday evening at the Digital Publishing Forum. It seems this was a hot topic of interest; as well it should be.

I sought to put the topic into perspective with the following challenge. What's the ROI?...

Of the latest rebrand?
Of the office refurb?
Of the internal communications activity?
Of the training and development programme?
Of the upgrade to Windows 7?
Of the new standard issue smartphones?
Of the stakeholder engagement via social media?

If you'd like to see where we went from there, here's the presentation:

The ROI of social media

View more presentations from Philip Sheldrake

Thanks to Julia Lampam (@JuliaLampam) for the invitation to speak.

4 March 2011 / 3 Comments

Influence in the age of the social web – keynote to EUPRERA

It's a beautiful sunny Spring day here at the EUPRERA Spring Symposium in Lisbon. It's my first time at this gathering of the European Public Relations Education and Research Association – the forum for innovative PR research and education – and I'm delighted to have been invited to deliver the keynote.

Thanks to Philip Young and David Phillips for the invitation. Here's the slidestack. I was a bit surprised to get a slide count of 77, but 16 of the slides present the infographic 'Content – An illustrated history', which is easy to breeze through :-)

Influence in the age of the social web

View more presentations from Philip Sheldrake