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As the northeast
United States emerges from another long, cold winter, we at The
Bloom Group are encouraged by the emerging signs of rebirth all
around us: the spring flowers squeezing through the sodden earth,
more daylight hours, and a new season of baseball just around
the corner. Also heartening is the slow but steady expansion
of the economy in key markets around the world and accompanying
hiring uptick in many industry sectors.
But based on our conversations with clients, we know that professional
services organizations still find it far from easy to generate
demand today. Competition is tougher, clients are more demanding
and skeptical, and price pressure continues to be a concern.
That’s why it’s more critical than ever for professional
services executives to invest their precious intellectual capital
development and marketing resources on programs that can generate
the biggest return for their company or practice. The purpose
of this newsletter is to provide some insights that can help
you decide where and how to invest.
Are we fulfilling that mission? We’d like to hear from
you. If you have any comments on what you read herein, best practices
you’d like to share, or suggestions for topics we should
cover in future issues of Thoughts on Thought Leadership,
just reply to this e-mail.
We look forward to hearing from you and hope you find this
quarter’s newsletter useful and informative.
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| Feature
Article | Case
Study Resarch, the Overlooked but Indispensable Tool in |
  Attaining Thought
Leadership |
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Nearly every professional services
firm today recognizes the market power of “thought
leadership”—the ability to demonstrate differentiated
and superior expertise on an issue through published articles,
research reports, conference presentations and books. Yet
while striving to be thought leaders in their niches, many
professional services firms keep the most important tool
for generating thought leadership unused in their toolbox:
the case study.
Instead, they rely too heavily on
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secondary research and,
more often, surveys to inform their point of view.
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In our experience
and that of many thought leaders, there is no more effective
tool for generating great intellectual capital and, subsequently,
attaining thought leadership, than case study research. Case
study research is the tool that enables professional services
companies to deeply probe a business issue and shed new light
on it. When case study research works well, it provides insights
on how a number of organizations addressed a certain issue. The
case study reviewers’ analysis of how these
firms resolved the issue—i.e., identifying often hard-to-discern
patterns in approaches that were or weren’t effective—provides
the content for the prescriptive half of the point of view.
To
read more about the value of case study research—and how
to use case study research to develop more robust intellectual
capital—download the full white paper by Bloom Group Founding
Partner Bob Buday here.
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| Client
Spotlight
| The Bloom Group Helps Optaros
Inc. in Market Launch |
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Back
in July 2004, The Bloom Group was contacted by Bob Gett and Mavis
Chin, veterans of two of the fastest-growing IT consulting and
services companies of the last 15 years (Cambridge Technology
Partners and Viant). Their interest: finding a marketing firm
that could help them determine the viability of, and client needs
for, consulting and systems integration services related to open
source software.
They chose The Bloom Group to conduct the market research.
Led by Principal Edwin Hastings, The Bloom Group secured and
led in-person and phone interviews with senior IT executives
at 20 large companies. The Bloom Group’s analysis of the
interviews found there to be substantial interest in open source
software at most of the 20 companies—and extensive open
source usage already in a number of them.
The research, conducted in August and September, helped Gett,
Chin and Dave Gynn define the service offerings for their new
firm, Optaros Inc. By December, Optaros tapped The Bloom Group
to run its PR campaign, which included an announcement of the
firm’s seed round of venture capital funding (from Charles
River Ventures and Gett). Led by Bloom Group Founding Partner
Bob Buday and PR affiliates Rimjhim Dey and Judith Jameson, the
investment generated coverage in a number of key print and online publications
including: CNET News.com, LinuxWorld, VentureWire, Network
World Fusion, and searchenterpriselinux.com.
The
Bloom Group also set up interviews with a number of other leading
publications, including The Wall Street Journal and
extended the marketing work through the first quarter of 2005,
a time in which The Bloom Group wrote press releases and generated
publicity on a Series A investment round, new hires, and an Optaros
client project. Optaros has since been featured in San Jose
Mercury-News, InformationWEEK,
The Daily Deal, Boston Business Journal and Mass
High-Tech.
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| Coming
in May | The Best of Thoughts
on Thought Leadership |
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Due to popular demand,
all of The Bloom Group’s lead articles published in past
issues of Thoughts on Thought Leadership soon will be
available in a single document. This 40-page-plus booklet, currently
being compiled, will be released in May. Featured articles focus
on the critical aspects of creating demand in a professional
services environment, including the role of surveys in intellectual
capital development; the seven elements of a compelling point
of view; generating awareness through public relations; and creating
a winning sales deck.
The booklet is free, but supplies will be limited to Thoughts
on Thought Leadership subscribers. If you’re not
currently a subscriber and want to reserve your copy, visit www.bloomgroup.com and
sign up.
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| Spread the Word |
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The Bloom Group,
based in Cleveland and Boston, specializes in the marketing of
professional services firms by helping to determine clients’ best
growth opportunities, creating integrated sales and marketing
plans, developing robust intellectual capital, and executing
critical marketing programs that build awareness and client relations.
The Bloom Group’s services include market positioning,
marketing strategy, thought leadership research and development,
and marketing communications. For more information, send an e-mail
with your inquiry to info@bloomgroup.com or
visit us on the Web at www.bloomgroup.com.
Feel free to pass along this newletter to those who you think
would be interested in it.
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