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THOUGHT LEADERSHIP
A NOTE TO THE Sophisticated Marketer
What you hold in your hands, or more
likely are viewing on your screen, is
the latest eBook in our very popular
Sophisticated Marketer series. This
is your one-stop shop for everything
a marketer needs to know to deliver
a world-class thought leadership
strategy that produces results. This
comprehensive guide is chocked full
of interviews and tips from marketing
thought leaders combined with
Thought leadership is an essential expert insights covering both basic
part of any successful content and advanced thought leadership
marketing strategy. Both B2C and B2B strategies.
companies can benefit from the many
It’s been a labor of love putting this
advantages of thought leadership to
guide together and after reading
build a more competitive reputation
it, you will have a much deeper
and ultimately drive more revenue.
understanding of thought leadership;
It’s especially important in B2B what it is, why your business needs it,
because of the complexity and length and how to develop your own thought
of the decision-making process leadership strategy for driving
and the large number of people real results.
involved. There’s lots of buzz around
Let’s get started, shall we?
thought leadership, but it’s very
often a misused and misunderstood Jason Miller
term. That’s why we created The Group Manager, Global Content and
Sophisticated Marketer’s Guide to Social Media Marketing
Thought Leadership. LinkedIn Marketing Solutions
Why Does My Company How Can My Company Measuring the Return on There are No Shortcuts
Need a Thought Leadership Leverage Thought Your Thought Leadership on the Road to Thought
Strategy? Leadership on LinkedIn? Leadership
Why It’s Important to Measure
What is Thought Leadership? Lay a Strong Foundation Thought Leadership 30 Marketing Thought Leaders
to Follow
Why is Thought Leadership Injecting Thought Leadership Setting Goals and
Important to Your Business? into Every Stage of the Benchmarking Results
Purchase Process
How Thought Leadership Measuring Thought Leadership
Drives Business How to Create Thought Impact with LinkedIn
Leadership that Works on LinkedIn
Aligning Thought Leadership Ask the Expert: Shannon Stubo
with Messaging Strategy »» Best Practices for Long-Form
Posts on LinkedIn
Three Types of Thought
Leadership »» Tap into Multiple Resources
WHY DOES MY
COMPANY NEED
A THOUGHT
LEADERSHIP
STRATEGY?
4
WHAT IS THOUGHT LEADERSHIP?
Ask ten people how they define thought leadership and you’ll
likely hear ten different answers. And these days, many people
struggle when it comes to understanding the connection
between thought leadership and content marketing. It all
boils down to this: thought leadership is a special form of
content marketing—one that can deliver measurable value to
your organization.
We like how Jon Miller, CEO and Co- In our minds, thought leadership and That said, there’s more than one type
Founder of Engagio, breaks it down: content marketing are intertwined. In of thought leadership. In fact, we feel
fact, in numerous surveys, establishing it falls into three categories (and we
“…both thought leadership thought leadership is often cited as cover all three later in this section):
and content marketing can very one of the key reasons that B2B
effectively build your awareness marketers engage in content marketing.
and brand, but…true thought Industry Thought Leadership
leadership is much rarer. Thought The Best Things Come in Threes (a point of view on news,
leadership consists of ideas trends and the future)
In a nutshell, thought leadership is
that require attention, that offer about sharing insights and ideas—
guidance or clarity and that can and a unique point of view—that Product Thought Leadership
lead people in unexpected, provoke new ways of thinking, spark (how-to’s, best practices,
sometimes contrarian directions discussions and debates, and inspire strategy)
(think of Seth Godin). Thought action. A true thought leader knows
leadership needs to be educational a topic inside and out, has formed a
and ideally provocative; content clear, unique and defensible point Organizational Thought
marketing can simply be fun or of view about it, and freely shares Leadership (company culture,
entertaining.”1 that perspective. talent development, etc.)
75%
your perspective and approach to your thoughts and ideas, they begin
solving their problems.”1 trusting you as a reliable source and
brand. And that means your company
That’s where thought leadership is much more likely to make the short
comes into play. By painting a picture list of contenders. According to ITSMA,
of how buyers can address their issues, 75% of would-be buyers say thought
your organization can move beyond of would-be buyers say thought
leadership helps them determine
the “me-too” product discussion to leadership helps them determine which
which vendor to put on their short list.3 vendor to put on their short list.
engage buyers at the strategic level.
—Source: Thought Leadership Maturity Model:
ITSMA’s Four Stages, 2015
1. http://blog.eloqua.com/thought-leadership-marketing/
6 Why Does My Company Need a Thought Leadership Strategy? 3. Thought Leadership Maturity Model: ITSMA’s Four Stages, 2015, http://www.itsma.com/research/four-stages-
thought-leadership-itsmas-maturity-model/
HOW THOUGHT LEADERSHIP
DRIVES BUSINESS
We all know that market leaders growth from more than 6,000 client
generate more revenue than others engagements. IBM had projected that
in their industries. For many years, Smarter Planet would contribute $7
companies established themselves billion in revenues through 2015.
as market leaders by building—and
However, as a company that adjusts
successfully marketing—the products
to stay in lockstep with the market, According to Forrester Research,
and services that their target
audiences wanted and needed. But
IBM replaced its Smarter Planet one of the responsibilities of
as companies across industries find
initiative in late 2015. Realizing that today’s CMO is to “generate1
themselves struggling to differentiate
Smarter Planet was no longer a thought leadership to drive
differentiator, it launched its Cognitive brand differentiation.”
their offerings from others, thought
Business initiative. Cognitive Business
leadership is becoming critical to
represents its “branded point of view”
standing apart—and driving business.
around the concept of the “cognitive
There’s a reason for the
Learn from the Best era” triggered by the growing saying “No one ever got
importance of cloud computing and fired for buying IBM”.
One such market leader is IBM. And data analytics.1 And IBM is delivering
it has evolved with the time when it Business decision makers
thought leadership by launching “a want to align with leaders,
comes to taking a leadership position.
global conversation about this new whether market leaders or
Realizing it can no longer rely on its
era of business and technology.”2 thought leaders.
product strength alone to drive sales,
it invests in robust thought As Jon Iwata, IBM’s senior VP
leadership programs. marketing and communications
explained, “This will resonate strongly
First was its Smarter Planet initiative,
with not only our current clients but
initially launched in 2008. By 2010, the
(...) companies and decision makers
initiative had helped IBM generate $3
and software developers who aren’t
billion in revenue and double-digit
currently IBM clients.”1
2. https://www.ibm.com/annualreport/2015/assets/img/2016/02/IBM-Annual-Report-2015.pdf
Seize the Opportunity to Stand Out
1. http://blogs.forrester.com/laura_ramos/13-09-11-thought_
leadership_hot_topic_at_cs_forum_helsinki_2013
8 Why Does My Company Need a Thought Leadership Strategy?
2. http://pauldunay.com/4-stages-of-a-thought-leadership-maturity-
model/
ALIGNING THOUGHT LEADERSHIP
WITH MESSAGING STRATEGY
No matter how you define or slice and Marketing Institute study1 found
dice thought leadership, it is always that an overwhelming 85% of B2B
core to a company’s communications marketing leaders fail to connect their
strategy. And by injecting true thought content to business value. One of
leadership into your content, you can the key reasons for this disconnect?
take it to new heights. In fact, these Content “lacks forward-leaning
three key principles behind thought insights that buyers can turn into
leadership reflect the same ones action.” It turns out that only 12% of
that should be driving your company those surveyed focus on publishing of B2B marketing
messaging and positioning: research and perspectives. And even leaders fail to connect
those few don’t engage outside their content to
nderstand what prospects
U business value
experts to validate their ideas. In other
and customers believe
SHIP
words, the majority of content being
published by B2B marketers is being
ADER
evelop and articulate a well-
D
done in a thought leadership vacuum.
informed point of view
E
GHT L
Effective thought leaders map their
rame a story in terms of
F topics to key themes that intersect
THOU
the value delivered to help with their target audience’s pressing
buyers see new possibilities concerns and what their organization
can do to help address those concerns.
So how do you go about getting into Put another way, they make sure
thought leadership? there’s consistency in the company’s
mission and vision, what the company
Use Thought Leadership to Deliver
delivers in the market, and its marketing
on Your Vision
messages. This is key to making sure
A 2014 Forrester Research/Business there’s muscle behind getting your
Marketing Association/Online thought leadership noticed.
9 Why Does My Company Need a Thought Leadership Strategy? 1. “Compare Your B2B Content Marketing Maturity,” http://www.
forrester.com/B2B+Marketers+Struggle+To+Connect+Content+
Marketing+With+Business+Value/-/E-PRE7144
THE BLOOM GROUP’S EIGHT CRITERIA
FOR THOUGHT-LEADING CONTENT
“The job of making sure that the “If a firm’s published thought
thought leadership a firm’s subject leadership is not aligned with its
matter experts are producing offerings, not only is producing 1. Relevance—Addressing a burning issue
for your target audience
aligns with the firm’s overall it a waste of time and resources,
business strategy generally falls it risks alienating customers… 2. Novelty—Having a fundamentally new
way to solve a problem
to senior leadership on editorial If thought leadership is not
boards and steering committees relevant to the business, the 3. Depth—Possessing substantial knowledge
and to the marketing group.” business unit leaders will get tired about the problem and how to solve it
of it, and the organization’s interest 4. Validity—Proving your solution works through
—The Bloom Group, Best Practitioners real examples of companies that have
in producing it will wane, along
Offer Four Best Practices for Thought solved it your way with measurable benefits
with the resources it devotes to it.”
Leadership, bloomgroup.com/ 5. Practicality—Demonstrating you have a
content/best-practitioners-offer-four- —Deloitte Managing Director, well-thought-out approach to solving
best-practices-thought-leadership Innovation, Craig Muraskin the problem and understand how to
overcome the obstacles to adoption
What’s in it for Your Organization? See more at: bloomgroup.com/
6. Rigor—Having hard-to-dispute logic about
content/best-practitioners-offer-four- the problem and the best way to solve it
At the same time, it’s important to
best-practices-thought-leadership
align thought leadership efforts with 7. Clarity—Communicating the point of
your company’s overall strategic view in words your target audience
goals so you can drive a meaningful understands
outcome from the program. 8. Coherence—Having frameworks or models
that simplify the problem and/or solution.1
+ + = Success
Industry Product Organizational
Leadership Leadership Leadership
1. http://bloomgroup.com/blogs/bob-buday/are-our-hallmarks-
10 Why Does My Company Need a Thought Leadership Strategy? thought-leadership-too-hard#sthash.roZs3BT9.dpuf
THREE TYPES OF
THOUGHT LEADERSHIP Industry
Thought
Earlier we outlined three flavors of thought leadership: Industry,
Product and Organizational. Here you’ll learn more about each
Leadership
type, and how to select the optimal mix for your company.
“Some companies put forth what they call thought leadership, when in fact,
they’re simply keeping pace with the market. And that’s okay. As long as
you’re able to satisfy your prospects’ and customers’ needs, you don’t need to
develop groundbreaking concepts. In fact, a well-executed content-marketing
strategy reflects key characteristics of thought leadership by offering insights
and perspectives that frame one’s thinking, spark conversations and lead
people down the decision-making path. At the end of the day, it comes down
to delivering relevant information and ideas to the right audience and LinkedIn
provides a terrific platform for companies across industries to do just that.”
— Stephanie Tilton
Principal/Marketing Writing Consultant Ten Ton Marketing
1. http://www.slideshare.net/reed2001/culture-1798664
We recommend applying these organization. But if your resources Upload your own culture deck
different flavors of thought leadership are limited, choose one and do it very and tag it #CultureCode. View
based on what you can do well and well. For example, is there a gaping all #CultureCode decks here.
where the opportunity lies. Commit hole in your industry that you can fill?
Need help getting started?
to all three if you have the resources. Maybe there’s an opportunity for a
Download the #CultureCode
That means you need to develop a quick win around culture and product, template.
point of view and produce a variety but high competition around industry.
of content on industry, product and
Brian Solis is principal at Altimeter How important is thought leadership For those looking to create thought
Group, a research firm focused on for gaining a competitive advantage? leadership content for the first time,
disruptive technology. A digital analyst, what are the best opportunities to
If you define thought leadership as get started?
anthropologist, and futurist, Solis has
thinking about people and how to
studied and influenced the effects of
provide these people with value, how I was once asked how to be a thought
emerging technology on business,
to help them solve problems, and leader. The answer is: You have to
marketing, and society.
how to help them achieve aspirations be one. That takes understanding of
His new book, What’s the Future and goals, it’s absolutely critical. If the market and the people you are
of Business (WTF), explores the you define thought leadership as trying to reach and engage. You have
landscape of connected consumerism personal branding, the opposite is to understand the state of the world,
and how business and customer true. People often confuse thought and also have ideas on how it should
relationships unfold and flourish in leadership with personal branding. evolve. But it starts by being human.
four distinct moments of truth. There’s a difference. This is a part even successful thought
leaders miss, and it’s mostly driven by
HOW CAN
MY COMPANY
LEVERAGE
THOUGHT
LEADERSHIP ON
LINKEDIN?
• Marketo, a
leading Marketing
Automation Software vendor
• RandFishkin, co-founder of Moz,
on SEO and more
• Content Marketing Institute, which has
established itself as the go-to resource
for all things Content Marketing
• AltimeterGroup, an independent
research and advisory firm, which Content Marketing Institute Altimeter Group
posts regular industry reports
Here are some recommended best • Whatis the biggest problem your
practices for publishing long-form industry needs to solve?
posts on LinkedIn. • What skill is essential in your job or
at your company, and why?
What should I write about?
• How has your job, profession or
Your long-form posts should share industry changed since you started?
your professional expertise. Write • What else would you do if you
about challenges you’ve faced, started all over again and why?
opportunities you’ve seized, or
• How did you get your start in a
important trends in your industry. This
certain profession?
could include your most memorable
work experiences, lessons you’ve • Advicefor career advancement in
learned along the way, or topics you’re your function.
most passionate about. • Challenges for the future of your
function.
Here are some suggestions to get
Here are some long-form posts that
you started:
might inspire you:
• What concrete advice would you
How To Stay Calm And Perform
give to someone hoping to enter
Under Pressure
your field?
• What your industry will (or should) Why Honesty is Your Best
look like in 5, 10, or 15 years and Marketing Tool Long Form Post
how it will get there.
Your Content Kicks Butt, But Is It
Taking Names?
Long-Form Post
Remember—thought leadership element to your content strategy. “Any posts you publish on LinkedIn are
content doesn’t mean just the content Be sure to incorporate LinkedIn tied to your professional profile and
that you produce. You can curate publishing plans into your content show up near the top of your profile.
content from LinkedIn Influencers and editorial calendar so you don’t let this This means your thought leadership
other relevant third parties (and add huge opportunity fall by the wayside. insights are showcased when someone
your two-cents), comment on other views your LinkedIn profile.”
LinkedIn articles, participate in Groups
— Stephanie Sammons,
and more. INFLUENCERS How to Benefit from the LinkedIn Publishing
Platform, http://www.socialmediaexaminer.com/
When these activities are consistently how-to-linkedin-publishing-platform/
tied to the novel ideas and insights
GROUPS ARTICLES
you are promoting in your thought
leadership, you establish yourself
as a credible authority with in-depth
knowledge about the topic. At the You have to “Give to Get” so
same time, employees throughout think carefully before putting
your company can also publish and THOUGHT registration hurdles in front of
share articles on LinkedIn. This not LEADERSHIP your thought leadership content.
only spreads the workload—and your
content reach—it lends a more human
Moz—one of the most recognized tech put into play best practices around
brands—has established itself as a their industry.
thought leader by sharing insights and
• They create content to become the
helping its audience understand how “Much of what passes for so-called
best answer to the top questions
to put into play best practices around Thought Leadership isn’t Thought
on the minds of their audience.
its industry. Leadership—it’s Thought Followership.
• While not actively selling with their
• Takeaway: Gain trust and authority The key to being a Thought Leader is
content, they focus on helping
in your space to stay top of mind to… well, lead. What does that mean
through helpful content marketing for you? Have an undiluted point of
their audience understand and
view—don’t just tell me what’s going
on, tell me how you feel about it, and
why I should care.
Thought Leaders sift through content
mess to give context and perspective;
because we don’t need more content,
but we do need more true insight.”
— Ann Handley
Chief Content Officer, MarketingProfs
Author, Everybody Writes, Content Rules
Joe Chernov is Vice President How important is thought leadership content. You earn a reputation for
of Marketing at InsightSquared. for gaining a competitive advantage? being a thought leader by delivering
Previously he served as VP of content that people find interesting,
I think it’s a pre-requisite. I don’t think useful, and fresh. Thought leadership
Marketing for Kinvey, a backend as a
you can gain a competitive advantage should be considered an output, not
service company. Before that, Joe was
without thought leadership. The an input.
VP of content marketing for Eloqua. In
reason why thought leadership is a
2012 he was named Content Marketer
pre-requisite is because trust is a pre- It’s also important to note that thought
of the Year by the Content Marketing
requisite, and thought leadership is a leadership requires patience. Very few
Institute. In 2013 Bostinno named him
way to build trust. people have said one thing or written
a “50 on Fire” finalist.
one post that thrust them to the front
For those looking to create thought of the line. Anyone looking to fold
Joe serves on the advisory board
leadership content for the first time, what thought leadership into their program
for competitive analytics platform
are the best opportunities to get started? should give it at least a year before
TrackMaven and influencer
identification engine Little Bird. He has The very best way to get started is to deeming it a success or a failure.
contributed regularly to Mashable. not think of it as thought leadership
Ekaterina Walter led strategic and How important is thought leadership For those looking to create thought
marketing innovation for Fortune 500 for gaining a competitive advantage? leadership content for the first time,
brands such as Intel and Accenture. what are the best opportunities to
It’s essential. To gain true competitive get started?
She is an international speaker and
advantage, it’s not enough to sell
author of the Wall Street Journal
a great product, you need to gain Tell it as it is. Be open and honest
bestseller Think Like Zuck: The Five
people’s trust and touch their hearts. about your failures and successes.
Business Secrets of Facebook’s
You need to get them to believe in Consistently provide utility so that
Improbably Brilliant CEO Mark
your purpose and create a movement others can learn from you. Don’t try to
Zuckerberg and co-author of The
around your mission. Thought leadership be someone you are not and don’t try
Power of Visual Storytelling: How to
allows you that access by sharing to force the message. And, most of all,
Use Visuals, Videos, and Social Media
your vision and knowledge, sparking don’t sell. You can build trust by offering
to Market Your Brand.
conversation around shared passions, your expertise and help. If you build
and eventually building your tribe of trust, the sale will come naturally.
advocates who will carry your torch.
MEASURING
THE RETURN ON
YOUR THOUGHT
LEADERSHIP
WHY IT’S IMPORTANT TO MEASURE Thought leadership can
distinguish you whether you’re
1. http://www.slideshare.net/itsma/itsmavem-2014-mpmsurveyabbreviatedsummary
41 Measuring the Return on Your Thought Leadership
2. http://www.itsma.com/ezine/measure-your-thought-leadership-reputation-with-buyers/
SETTING GOALS AND
BENCHMARKING RESULTS
You clearly need to set short and
long-term goals. But what should
those be?
• Publishing
on LinkedIn: Company Page/ Publish
Views, comments, and shares Showcase Page
• Company Page/Showcase
Pages: Followers, specifically
new prospects and other
thought leaders
• SponsoredContent:
Reach, engagement, and new
followers gained Elevate SlideShare
• Elevate: Reach, likes, clicks,
comments and new followers
Impact
• SlideShare: Embeds, shares,
and views
1. http://www.thoughtleadershipstrategy.net/2012/05/how-to-
measure-your-thought-leadership/
43 Measuring the Return on Your Thought Leadership
If possible, take this a step further to
tie your thought leadership activities
to more strategic and meaningful
outcomes, such as number of:
• Place
Booz & Company in top-tier Booz & Company measured how well • Comparing the number of resulting
business media worldwide as a it hit upon these objectives by: speaking engagements to those in
leader in innovative thinking prior years.
and research • Tracking
media coverage, social
media mentions, traffic to booz.com All that said, the benefits of your thought
• Providean effective vehicle to
and strategy-business.com. leadership program may be more
interest and engage clients and
• Tracking the interest, leads and sales intangible than tangible. It can be
prospective clients
generated directly and indirectly as difficult—and sometimes impossible—
• Secure speaking engagements
a result of the campaign. to assess the impact on brand perception,
for example. But that doesn’t mean it’s
not a worthy objective.
44 Measuring the Return on Your Thought Leadership
SHANNON STUBO
Chief Marketing Officer and Senior Vice President,
Corporate Communications, LinkedIn
+Follow Shannon Stubo
Shannon Stubo is currently the Chief For those looking to create thought are the important influences in your
Marketing Officer and Senior Vice leadership content for the first time, life and career that have shaped your
President, Corporate Communications what are the best opportunities to leadership style and worldview? Which
at LinkedIn. get started? of your learnings could benefit others?
Previously, she was Senior Director Before launching your first bit of Once you define what you want to say,
of Corporate Communications at thought leadership content, clearly create a rough line-up of themes and
OpenTable, Inc. In this role, Stubo define what you’re trying to say and ideas that you can work off of over
was responsible for all public relations why. If you want to be a thought time. This is the start of your personal
and investor relations activities for leader, it’s important to make sure you “editorial calendar.”
the 12-year old company. She joined have ideas to share on a consistent
For each theme, think about which
the company when it was private and basis that are valuable to your target
format and channel would be best
helped lead the communications audiences. Ask yourself: What’s your
to connect with your audience. For
efforts for the company’s IPO in special sauce as a leader? What
formats, you can choose from videos,
May 2009. unique experiences or areas of
presentations, webinars, podcasts,
expertise do you have to share? What
articles, posts, social media and many
THERE ARE NO
SHORTCUTS
ON THE ROAD
TO THOUGHT
LEADERSHIP