social media and competitive intelligence

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CI in a Web 2.0 World Tim Walker – Hoover's, Inc. 24 April 2009

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Given by Tim Walker of Hoover's, Inc. at the 2009 annual meeting of the Society of Competitive Intelligence Professionals (SCIP)

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Page 1: Social Media and Competitive Intelligence

CI in a Web 2.0 World

Tim Walker – Hoover's, Inc.

24 April 2009

Page 2: Social Media and Competitive Intelligence

Humbly offered . . .

Page 3: Social Media and Competitive Intelligence

Itinerary

Page 4: Social Media and Competitive Intelligence

Which Web are we on?

Web 1.0

Web 2.0

Web 3.0

. . .

Web 2009.04.24

Page 5: Social Media and Competitive Intelligence
Page 6: Social Media and Competitive Intelligence

Social Media

~blogs~Flickr~wikis~listservs. . . etc.

Page 7: Social Media and Competitive Intelligence

What about you?

Page 8: Social Media and Competitive Intelligence

Mass

Mature

B-to-B B-to-C

Startup

Niche

Page 9: Social Media and Competitive Intelligence

Collection

Page 10: Social Media and Competitive Intelligence

The problem of search

Page 11: Social Media and Competitive Intelligence

The blessing of RSS

Page 12: Social Media and Competitive Intelligence

First steps

• Planning (+ exploring)

• Specialist blogs + RSS

• Google alerts + RSS

• Twitter search + RSS

• LinkedIn groups + Q&A

Page 13: Social Media and Competitive Intelligence

Processing

Page 14: Social Media and Competitive Intelligence

Two modes

Formal /

Analytic

Page 15: Social Media and Competitive Intelligence

Two modes

Informal /

Emotive

Page 16: Social Media and Competitive Intelligence

The emotive social Web

• Awareness of brand, product, etc.

• Sentiment

• Narrative

Page 17: Social Media and Competitive Intelligence

People talking

Page 18: Social Media and Competitive Intelligence

Contexts

• Vendors, employers, partners

• Hiring & firing

• Speeches & reactions

• “Citizen journalism”

• Etc.

Page 19: Social Media and Competitive Intelligence

Implications

• Market share / position

• Social brand management

• New tactics

• Etc.

Page 20: Social Media and Competitive Intelligence

Validation

Page 21: Social Media and Competitive Intelligence

Partnership

Page 22: Social Media and Competitive Intelligence

Evidence in context

Page 23: Social Media and Competitive Intelligence

A new type of game

Page 24: Social Media and Competitive Intelligence

An evolving ecosystem